Buy and hold is not going to make you money
Long-term, you are wrong. Imagine the guy that brought @ 266 in April, must have been kicking himself so he sold for a loss. Should have just held it. Buy it, and put it in cold storage. Don't even bother looking at the charts everyday or you'll go nuts. I'm am not saying to completely disconnect oneself from the bitcoin community, but rather to stay informed and never risk more you are willing to lose.
Just my two satoshis.
