I sold 2/3 my stash at $1,000 and used it as a down payment on my dream house. I have no regrets. Be careful to not feel the need to hodl forever and enjoy life.
SEC insiders have been buying over the last year so they have a decent stash before approval. Price will skyrocket when trading starts and make them all very rich.
It should give confidence to investors that no funny business is going on. But instead people hear exchanges are getting inspected and everybody sells there coins. Bitcoin is getting very frustrating and I'm starting to think it does indeed have a low ceiling.
Make sure you have a decent stash of bitcoins. Then at your 10 year reunion show your teacher your Ferrari and say glad I didn't listen to you. Find a new job teach.