Quote from: shendy on April 07, 2018, 03:58:10 AM

Quote from: deadmou7 on January 05, 2018, 11:23:50 AM

As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in the first week of Jan 2018

In any case, shockingly its effectively reached 17k$ in 2017.

Should I purchase or hold my BTC?I don't plan to sell at any point in the near future.

Holding Bitcoin too long is also very risky. But the longer we hold the price of Bitcoin can get higher or even more down. Holding Bitcoin for many years can earn multiple benefits. The more profits we get the greater the risk we will receive. But for now, I suggest you buy Bitcoin and hold it for longer. Because the price of Bitcoin has started to rise slowly.

so are you saying that holding for a short time is not risky ? of course it is still risky. It doesnt matter if you hold short or long because the price of bitcoin is always fluctuating. You can loose if you are not aware on whats going on with the prices , that is why it is recomended to always watch the market because anything can always happen without prior notice. the price can sky rocket and plummets upwards even only a few days of holding , that is why you cant say holding for a verry long time is beneficial.