Bitcoin long term or short term ?

in #bitcoin8 years ago

Just brought my first bitcoin not long ago just wanna ask should i keep it for a long run or sell it when it hit high? 

any suggest ? 

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in the futur there will be no reason to ever convert your bitcoin back to fiat money just hold it and spend it and get more!

keep it. and don't think of it in terms of 'selling'. The only thing you should sell is your FIAT

okay dude thanks alot :)

I personally keep different forms of bitcoin.

Some of my bitcoin I use for trading, dabbling in other cryptocurrencies (what lead me to Steemit).

Some of my bitcoin is used as a savings/investment, held very longterm and not spent on frivolous items.

Some of my bitcoin is used as a currency. Pretty self explanatory.

So there isn't one answer to this post. Use bitcoin for multiple different things and decide the percentage of allocation by your own needs.

Okay my friend thanks for the feedback :)