A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.
Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:
Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.
Any thoughts or opinions would be more than appreciated!
I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place!