Quote from: arbitrage001 on May 17, 2013, 02:05:56 PM

Even if that become true, how does one benefit?
Are you going to cash out and then sit on sideline? Or are you going keep holding it and hoping for new high?

The smart thing to do, in my opinion, would be to:
1: get a decent mining rig
2: earn back your investment in USD or whatever fiat currency you used to start out with
3: Get upgrades to the system with what I guess you could call "house money"
4: Stop rapidly upgrading once you are at the BTC/time income you want to be at
5: Determine what amount of money you want to make from bitcoin to supplement part of your income (example: buying a new car) and keep what you don't really need as BTC
6: Seeing as the BTC to USD exchange rate is most likely going to go up the more it becomes accepted as a mainstream currency, or down if its relative acceptance just stagnates, all you need to do with your excess BTC is sit on it until you think it is the right time to sell based on how you personally have watched the market and not what some dude on a forum says!
7: Irony...

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