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.
Yeah, bitcoin is often regarded as a long-term investment so as to gain the multiple benefits out of it, it is necessary to keep it for long. However, the price often fluctuates in between sometimes making the price too high or even low but holding it for long will eventually increase your profit, since more the time invested in holding it, greater will be the profit...