I think not spending your Bitcoins and holding them as if they were the last thing you want to get rid of is the most wrong thing to do because if the goal is to be able to spend them one day then how can we expect this to happen if it's not us the first to do it? And also spinning many Bitcoins would also help the growth of the network.
While on this thread, I have really learned about the importance of holding Bitcoin for a long time. With discussion on how to hold our Bitcoin for a long time, I have also understood that there is nothing wrong with holding your Bitcoin for as long as you want, but a member of the quote above thinks it's very wrong to hold Bitcoin for a very long time. I think he is the one who is wrong in his thoughts, but what is your opinion about this? I just want to be clear. Responses are appreciated; please. Thanks.
Bitcoin gives everyone free hand and access to do whatever they thought of with their bitcoin, it's not a do or die affair whereby after buying you must hold till finite. Don't quote me wrongly but just try to get my point here, I may decides to buy bitcoin today and sells in the next two to three months after which I think the little increase or profits gain from it is okay by me.
Also remember that I may buy bitcoin and in few days interval urgency may come to me whereby I can decides to sell and settle the problems at hand but that doesn't mean I do not want to hold my bitcoin, but since there is no alternatives on how to get it sorted out I then decides to sell my bitcoin is not a bad decision I have taken so far.
But main problem here is, If I could be able to get them back at that cheap price which I sold because knowing too well that bitcoin price can't be as same when buy this year and next year. Being able to utilized the opportunity given to us at a plater of Gold is another great deal which many does not know that opportunities never waits for anyone.
As a fellow you have something good doing at hand and it happens that you just buy and sell without any reason is really bad because bitcoin is a Gem which is worth holding for long term.