This might be the right time to buys some bitcoins
On the other hand the way prices are drowning this might even go down
No one knows whats coming tomorrow
Now is clearly a much better time to buy than when the price was $1,200
Holding is not a profitable strategy. Selling at 1,200, then buying at 450...now there's a good outcome.
..you end up with nearly three times as many bitcoins!
On the other hand, most people, and I mean more than 90% of the members, would have more btc now if they just bought and hold than what they did
The early adopters that had huge stacks at the end of 2013 and were in a position to make a huge profit were those who were extremely strong believers of Bitcoin and never sold in the previous spike up in price and those who forgot about their bitcoins; of course if you have a successful Bitcoin business or if you were a successful trader or person who had informations you could have increase your btc holdings tremendously but for the vast majority buying&holding has the most ev
Holding always work; you buy and you hold : it's easy and you will probably have the most profit
EDIT 460$!
How can you say that after four months of declines that have reduced the price of a BTC from $1,200 to about $450?
I am saying that it is a good strategy to buy and hold for long term instead of playing trends and playing the markets if you are not a trader, you are more likely to sell low and buy high than the opposite
