The price of Bitcoin is gyrating like a drunken belly dancer hopping on a bed of hot nails. BTC has been soaring to new heights over the course of the last year. I still remember how they laughed at me six months ago when I predicted it would hit $10,000 before years end. They're not laughing anymore... I'm not even going to post the current price as it will change in a blink. Suffice to say, if you have a pulse, you know the Bitcoin price right now.

With the current valuation of this favorite cryptocurrency - I'm wondering - where do you stand? Are you buying, selling or holding Bitcoin?

The case for buying Bitcoin

With price projections well over 20,000 for next year, now may be a good time to accumulate. With Bitcoin seeping into the awareness of the masses, this train may just keep on rolling. I see plenty of new people asking about it and since this is not financial advice - just my own opinion about what I see going on around me - due diligence is always your best friend. If you're continuing to add to your Bitcoin horde, what are your reasons for doing so and where do you see Bitcoin going in the future?

The case for selling Bitcoin

This may be a no-brainer for the "Bitcoin Whales" who got started when this first came out back in 2009. If you're one of those lucky ones, the thinking is: now may be a good time to sell before "The Bubble" pops. I could see a scenario where a portion of the holdings were sold to cash in now and let the rest ride. If you're part of the "sell now" camp I'd love to know why and how much you're willing to let go of.

The case for holding Bitcoin

With Bitcoin, it’s almost like a person strapped to a lie detector and watching that needle zig-zagging all over the page. It takes a steady person to deal with these wild price swings, but the rewards could be worth it. The thinking goes: why sell when things are just starting to take off? No one wants to be the guy who purchased two pizzas for 10,000 bitcoins back in the day. If you're currently holding Bitcoin, please share why you're not taking profits right now and when you'll start letting go of your stash.

I think cryptocurrency is the future and I'm glad to be around to see this all get started. The only thing better would be to take a time machine back to 2009 (knowing what we know know) and load up on Bitcoin. Let’s take STEEM along for the ride! Merry Crypto everybody!