bit of both, worried about attempts to make it illegal in future, UK banks already seem to be shutting down anyone who thinks about bitcoins.
Topic: Are you holding BTC for the long run, or short term - ? (Read 509 times)
I will cling on to the digital gold forever!
I used to treat bitcoin trading just like gambling in pennystocks, however it turned out that simple buy and hold strategy presented far better returns.
Forever, this is basically digital gold, it is something that is passed down not something you trade. I guess you could, but it is mainly a preserver of value.
Long-run. a few shorter goals that I will sell just enough for, such as a new mining rig.
probs both, keep a set amount and occasionally sell in between earning them
Personally planning on $1000 per BTC within 5 years. Hopefully sooner.
A couple of years would be considered long, considering how BTC fluctuates, how high do you expect it will go, (not hope, lol, expect) ?
long run
Depends on what you mean by long 
I'm looking to hold mine for a couple of years.
I'm looking to hold mine for a couple of years.
Just like to hear other's opinions out there - Will you be holding on to your BTC investment for the long run, or buy low sell high day trading? (myself, long run) - ...
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