I think it wouldn't be wise to sell any bitcoins at least until the next block reward halving in 2020. After that the price can skyrocket again and I think at that point we could be talking $100k per BTC easily.
So just HODL and don't panic during short-term dips like the one we're experiencing now
So just HODL and don't panic during short-term dips like the one we're experiencing now
Agreed.
Bitcoin is like ETF for cryptocurrency.
And cryptocurrency dont have any real consumer applications yet.So its basically at the beginning of its grows.
I think we will see 2 major jumps.
1) Government regulation. When they come around and provide legal framework for taxes and licenses. This will signal financial sector to start investing into cryptocurrency.
2) Creation of real applications for consumers. Now its just weird numbers for very small group of people. When Verizon and AT&T start to ship phones with preinstalled wallets, thats will be cash out point.
That is probably a good 5 to 10 years out at least
I believe crypto currency Wil go mainstream in about 2 or 3 years and they will grow exponentially. It would be smart to take money out in small amounts in case a crash come like .com boom
I would take out like 20% every time it hits an all time high