Bitcoin is always good for long term holders, but at a moment I feel it can be profitable even for those who wants to make profits in next 3 months.
Looking at some charts now and I see that it is still growing. But in my opinion it is a bad week to buy coins. Although it is still increasing there is a possibility that it might go down. But for long term, Yeah sure. Just dont look when it goes down.
I think it reached its peak this year? I am waiting for the inflation and i think now is the time to convert unless some of you has nothing to really use the money for.
Bitcoin is now at $465 on Bitstamp and yea that's the peak so far this year but I think it can reach quite a bit higher. Yesterday the price was around $454, it's been climbing slowly for some time now. If I were you, I'd wait a bit and see how things evolve before converting any BTC to dollars. Unless of course you want to buy something with the money.