Quote from: buyinbtc on July 28, 2016, 11:30:47 AM

Quote from: Mastsetad on July 28, 2016, 11:10:38 AM

Quote from: Schuyler on July 28, 2016, 08:46:25 AM

Quote from: Jmild1 on July 28, 2016, 08:39:07 AM

Quote from: livinglegend on July 26, 2016, 11:13:21 PM

It sounds simple, but it is difficult to perform. The volatility is really unusual.
But the history of bitcoin has shown that, in general, if you hold you win. Cool

Well that sums up all things pretty well, since the history of bitcoin told us that wether there's a big dump on a coin it will still recover and make a new-step on it's way. So whatever the price will be wether down by 10% of it's current price, it will still increase as time goes by.

But we must not always depend on history as a gauge on how things are going to be in the future. There are other things that come into play whenever the price behaves rather wildly. For what it's worth, I am only investing what I am willing to lose.

No one can say or no one can really know if what will happen tomorrow, so it is also some kind of risk to hold or to buy bitcoins today to sell them higher tomorrow because it may go up but it also may come down.

you are right, but it is still possible to more or less predict what the price is going to be in the near future, in my opinion the price should go significantly up soon

bitcoin prices still easier to predict, because the prices are very stable. but different if you are holding altcoin, it could be a big loss if within one day you do not choose the decision to sell or hold.