Comment: Yes, excellent point

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Michael Nystrom's picture

Yes, excellent point

I was being a little flip when I said I'd hold them to infinity or to zero. Profit taking along the way is definitely a better strategy.

Capital gains is definitely something to be concerned about. If exchanging them for goods is not subject to regulation, then I could, theoretically, exchange them for gold. Which I would happily do if gold keeps going down and bitcoins keep going up :)

The only way to make sense out of change is to plunge into it, move with it, and join the dance.
- Alan Watts