Not really if you're not a day trader and just hoard it without selling at the peaks.  BTCE is $$1400 right now, $200 lower than Bitfinex.  We all know the price always crashes down to whatever the most BTCE can sustain.  When it crashes to meet the BTCE price, BTCE will also dump more and it will probably be $1300 or lower then.  The so called smart people weren't the ones holding BTC either.  I've been in Litecoin this whole time and made way more than BTC people have.