Quote from: stromma44 on August 24, 2016, 11:12:24 AM

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Quote from: Doamader on August 20, 2016, 11:55:00 AM

Im investing small ammounts of bitcoin into some altcoins that i believe are under the real value, soo i will hold them till end the year atleast and then i will think what i will do if sell or wait a bit more, usually the savings returns good profits and almost without risk.

Holding it till the end of the year is a good thing to do as everyone is expecting higher price in the end of the year so if we sell at that point that it can be really profitable.

What is your assurance then that holding it till the end of the year will give you good returns? Yes there are really lots of expectation but expectation alone will not make the bitcoin price increase. That's not how bitcoin price works for a higher price.

What if there are really big fluctuations of price increase months before the end of the year? Will you just watched it?

Its his money if he believes in holding it for long term then you cannot force him for anything, he can take decision according to his choice, if he wants to hold he will hold or else sell, no big deal.

The people that believe in holding long term understand the necessity of Bitcoin in the future and see the current scenario as a big opportunity to get rich as hell.

Getting rich with bitcoin is possible if price skyrockets in future, and bitcoin has potential to do that as we will see major development in bitcoin in coming years which will take price higher.

Well, there is a big chance as we already witness bitcoin is capable of doing that, it has more chances in the future because we are having a good adoption rate right now base on the continuing increase of adopters, anything could happen n so let us just trust bitcoin in the future and we just have to invest now.

So when the time will come that would be the time to sell, and do not hold on for more years if you have achieve your projection.