Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I think majority of the bitcoin fanatic are relying to this concept and believing that someday they will become rich once bitcoin reach the highest peak price of bitcoin which is 10,000$ that's why many are holding bitcoin for a long time basis.
I don't think that Bitcoin is suited for a long term holding basis. Because right now in the first quearter of 2017 we saw how many times it drop from 1200$ to below 1000$, this kinds of price drops shows that Bitcoin is not a stable currency in which people need to take advantage of. If we have bought Bitcoin when it dropped at 700$ per Bitcoin during January by the first week of February we would have earned 500$ because it is priced at 1200$ during that month.
I disagree with you. Bitcoin is good to keep for several years. And those who bought it in 2014 were convinced of this. Now they multiplied their capital several times