Post
Topic
Board Economics
Re: Sell Everything?
by
eternalgloom
on 07/03/2016, 07:14:46 UTC
I think the point of the original post was that the economies around the word are slowing down and to sell but not necessarily sell bitcoin.  At least I take it that way.  To me, if the dollar gets weaker and stocks drop in value, then maybe it's a good time to invest in crypto currencies instead.

Yeah, investing in crypto seems to be good at a moment, as we can expect much higher price in the future, and if they are saying to sell all bitcoins, then not the right time to do it, we need to wait for next couple of months.

nothing is guaranteed, bitcoin doesn't guarantee you success in long run, as we don't know where bitcoin will land in future, but if you hold bitcoin at a moment then just hold it for next couple of months.
Nothing is guaranteed except for death and taxes. Cheesy

I would say that it is a fairly good decision to hold your Bitcoin for a little while, a fairly large number of people are intent on seeing Bitcoin (and their personal investments) succeed.

The good thing is that it all comes down to personal preference and choice, so it is entirely up to you to decide what you intend to do.
It's still fairly cheap to invest in Bitcoin, especially if you're from any western country. Invest, say, 5000 dollars/euro and you might end up doubling or trippling that over a one or two year period from now.
The chances of losing it all over that period are also pretty small.