Quote from: Ruhtilg on August 13, 2016, 08:34:57 AM

Quote from: Positid on August 13, 2016, 08:00:32 AM

Quote from: Mastsetad on August 13, 2016, 07:20:28 AM

Quote from: secone on August 12, 2016, 05:56:56 PM

if you have lots of money, it is good to hold bitcoin. but if you do not have money, it is better to grow bitcoin than just hold.

so when you grow and make a profit, you can save the most and hold for the long term.

Even if you have a lot of money but still it is better to keep them growing, if you dont want to risk them all then just do it with a half or just with a quarter of what you have, in that way if the price even drops in future you won't be in loss because you have been growing your bitcoins gradually with the time and if the price grows then you will earn a lot more profits then usual.

Holding is very simple, it just needs some patience, it is not necessary that you sell every time there is a price increase because that inrease could be more when you wait for a longer time, one should know how to have patience and treat his investment like a time deposit where there should be a definite time before you withdraw.

I bought some bitcoin in the middle of 2013. I have hold since then. I did not sell in later 2013, although I should sell with hindsight.

I would not sell your coins now if you don't need the money. It is better to hold them till 2017. The bitcoin price will rise again before year end.