The first reason to buy Bitcoin is because you believe it's going to be big in the future, I don't understand Bitcoin if it's not for the long term. Of course you can use it for daily stuff but right now there aren't many reasons for the people in the first world except on certain situations, but in the future it will be huge when the goverment annihilates cash.
Well the first reason of buying bitcoin is to make profit depends on the current market moves. Not for holding purposes but to play in the market. Most of the buyers rotates the coins and not just staying it sleep in their storages.
well, it's different for each person. some people don't dare to hold coins as they find the volatility to be too heavy. what kind of person are you? 50% holding and 50% trading?
Im applying no percentage. Im basing my next move based on the current market behaviour. As long as I take profit, I will go that way. But one thing for sure, I will never hold for a long time. I will rotates my saved coins. Im making sure I will gain profits to get enough more coins as soon as i buy again from profits.
