Hey guys,
I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.
i don't know to be happy that people believe bitcoin can reach $5k or pity them for investing crap load of money in bitcoin and sit back and watch! (gamble)
as for my plan. i have bought (invested money) as much as i was comfortable with, when price was low and i have no plan for selling them. i am hoping that one day i can spend them like normal fiat.
meanwhile i earn through trading and other stuff and sell those coins if i need the money.