Quote from: Hotrod_88 on July 30, 2017, 11:44:36 AM

Quote from: Mellnel on July 10, 2017, 06:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

You should probably hold because we all know that the bitcoin value will always rise up. The question here is do you want to be a millionaire? Do you want to be rich just like what successful businessman has achieved? If yes you will saved all your bitcoins and hold them up to 5 years and let your money makes money. That's how bitcoins work, and you will be like the teenager who becomes a millionaire because of investing 1000$ in bitcoins.

For me if you only invest money in bitcoin with above $2000 you should not hold it for long time just learn how to trade because you can make it more in just few days or weeks just taking advantage on the fast fluctuation of bitcoin value.
And if you invested since 2011 i think holding bitcoin is good becuase value of bitcoin was already higher 3 or 4 time of the value on that time.