Reading the article we can reach to the conclusion that Bitcoin is the currency to be invested. Use the biggest part of your money to buy Bitcoins and hold it, if you want to invest in another Crypto-Currencies use a small part of your money to do it. In the case of China, the country regulations can make the price fall or rise, that is important to observe also.

Thanks for sharing this. Nice that he went out of his way to share his experience. Anyway he sold all his bitcoins because he don't know it anymore? Well that hit me a bit. I've only been introduced to bitcoin last December and really don't know much about all the technical stuff. All I know is that I have bitcoins, that it's fiat value increases over time and that I can use the wallet to send and receive money. That gave me pause thinking if I should convert more fiat into bitcoin. I couldn't care less about the ETF though what I'm worried about was these talks about this "forking". I feel now that I haven't even got to know it and it's already going to change. Thanks, really. This article was timely.

Patience and Analyzing is the key to be successful in trading bitcoins and altcoins holding coins is not bad if you analyze if that coin is have a good developer or it will get pumped soon but holding maybe getting bad too if you choose a wrong coin or scam coins.

Everyone cannot be lucky enough to get the profit out of it. Only few make it as an investment holding and wait for a long time, most others have the tendency to sell during small bumps and gain the profit. Patience is the must for such a profitability.

Yup! it is not a mere luck that they are profiting like that because in a much experience user of bitcoin one can certainly profit because of the price increase alone, and just like you said the value is starting to fall right now it is really best to convert back to bitcoin and buy and stock as much when the value is low then when the value start to rise again make a move in converting again back to the fiat wallet for your safe income at hand.

Why not we just learn from others mistakes. I do see many early adapters were crying out for their actions of not holding bitcoins like how Mr. Namamotto is still holding his bitcoins. If you are not an active trader, it would be highly recommended to hold bitcoins for years. Because only active traders will be having more profits than long term holder as they are continuously buying and selling bitcoins they do get more profits than just holding.

I have learned the trick of holding bitcoins for long period after I am watching my friends doing so. Some of my friends are you holding bitcoins from the prices of ~$30 per one bitcoin to till now.

If this person only made 330% starting in 2015, they did a horrible job and DIDN'T do better than the market from that time to now.

In 2015 Bitcoin hovered in the low $200s, for nearly the entire year. So presumably your friend had cost basis starting points between $200-250. 20 months later Bitcoin was in the $750-1000 range. If your friend ONLY made 330%, they sold TOO SOON!

If they had held on until 2017, selling closer to $1200, they would have made about 500%!

I'm happy for your friend but a 330% gains run is nothing in this world.

http://www.coindesk.com/price/

I don't think that this is the key message of the article.  The ideal thing to invest in may change and Bitcoin will just be a great currency, but the article is more focused around any long term investments you may choose to make, with its focus mainly being on keeping safe by never being naive enough to think you can just instantly become successful in this, and I think that many people responding to this post are being the naive people that he considers in the article - people who think they can tell you exactly how high Bitcoin is going to go when they can't say what it'll be tomorrow.

Nothing is 100% stable and people need to be careful.

He made it well for 330% return, great investment on bitcoin for long term but after ai read his statement "I stopped buying bitcoin since January 2017 because I just don’t get it anymore."
Why stop? It may make sense if we look at current drop from $1246 to $980 and keep decreasing.
Right time to buy and sell is a key to get profits, after some issues still not solve, this trend may cause panic sell.

It is good to hold your bitcoins or altcoins if you have a huge amount of it but if you don't have a huge amount of it better to invest it in the site you want and take the risk bagholders is very profitable if you have a huge amount that you holding.