My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price.
What do you mean about legalized? Bitcoin is mostly accepted in many countries right now as a commodity and now there are 2 countries already accepted as a currency.
Bitcoin isn’t globally legalized yet and I think that’s what OP is referring to. Although the likes of El
Salvador and Central African Republic has legalized many countries haven’t legalized it just yet but that doesn’t mean people aren’t using it. Only few countries actually placed a strict ban on it usage, the rest are just against it do not stop there citizens from using.
When it is globally accepted it might cause the demand to increase as many people will turn towards it and also the number of businesses using it as payment method would have increased. This in turn will have a positive effect on bitcoin which could see it grow and I think that is why OP is looking at the moment.