Honestly, I keep very little BTC around. It's basically a transitional currency. The reason is that there are so many interesting altcoins that I keep wanting to buy, some of them are very good. Check out DMD (Diamond coin) too, for the sake of diversification LOL. I've been buying that one for almost a year and am very happy with it as a long term investment. I'm really liking Steem too, but I'm still very new to the Steem scene. But also, major hacking of trade exchanges followed by an epic dump of Bitcoin (interspersed by the occasional government confiscation of large amounts from say Silk Road) is such a regular thing that you can count on the Bitcoin price crashing big time at least once every three months. Based on Murphy's Law, that would happen right when I need the money. So... Bitcoins are a great way to get from one altcoin to another, or from crypto to fiat, but not something I want to keep a lot of around for too long.
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I tend to go back and forth on it. Sometimes I have a a few bitcoins as a hedge but a lot of the time I also get tempted to put it into altcoins or ICOs. The continuing arguments on block size and scaling also tend to put me off on holding BTCs whenever they happen.
Ah yes, block size. I'd forgotten that. In my limited experience ICOs are rarely a good buy. Price tends to drop as soon as the asset hits the open market so you can pick up for a better price post ICO. One exception for me was buying a stake in NEM early on.
You have to choose carefully but even then with what has happened lately I would agree that they are not a good bet anymore.