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I do agree with most of the views here. Plz do not quit u r job to rely on this BTC stuff completely. We never know the volatality of crypto currencies and are not regulated as well . I would never quit my job , instead i would spare some time and do some trading kind of stuff, its pure luck and patience. However, survival is more important which can be done only with the help of a proper job.
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Its because of few are mined each year and the supply is gradually halved due to which the people are ready to buy at whatever price and preserve them for reaping profits. I also see many people use BTC to send and receive money , a faster way compared to any local financial institutions. I hope BTC are mined more so as to benefit many people.
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My simple advise is if you are impatient, withdraw u r partial profits or u r investment or whatever required for your personal needs and let the rest run reaping you profits. I also advise have multiple wallets so that the insecurity is removed from u r mind. The game is all about patience and withdrawing and buying at the rite time. I would have held 50% and rest i would withdrawn and cleared some of my liabilities.
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BTC is not going to die so easily as its still in its early ages and has a long way to go. I see many people buying bTC whenever there is a major pullback and some even sell for their survival. But the best way is to keep buying positions at different values and increase the portfolio to make a string wallet and keep reaping profits. I see BTC is here atleast for minimum 10-15 years undoubtedly.
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