I am asking this because not everyone has made tangible profit for holding. Just like myself I end up selling at a loss most times just to solve a problem. Some might be lucky to buy at a low rate and within few weeks or months the price just pumps to their favour. This kept me wondering if Bitcoin is actually for every one or it is a scheme for selected individuals..
Bitcoin is not a centralized system and is not transparent everyone watches anything that is going like transactions, etc. If it is not centralized then how you can say that Bitcoin is for selected persons? I ask a little question from you, Does Bitcoin have eyes that see people and identify them that these are selected for profit and this one does not? Brother this all are misconception all you need is to know when to buy the coins. It's quite simple just go and wait for the dump of Bitcoin when it dumps then invest and hold it for some time not for 1 month or 2 months at least you can hold it for 6 months. Increase your level of patience and wait for the right time when Bitcoin is going up, you can sell your coins at that time, and when bearish comes again do the simple and easy strategy.