After holding and achieve your nice % of profit you want trade to go back in euros? Do you exchange your coins to buy gold? Do you trade to buy a fancy stamp? Do you trade to buy an expensive wine? A beautiful villa by the sea?

Bitcoin IS UNDER PRICE! and sooner or later the "omegla candle" will arrive!
This must be the basis for understanding the current moment.
Nobody is shilling bitcoin. Everyone is buying it "in silence". Everyone wants it. Even the Russian president recently intervened by saying clearly = nobody can stop it.
This is "the supranational currency". You can make all the laws you want. All the limits of this world. You won't stop it.
The same tax laws will ALWAYS become softer just to try to scrape together something (In Italy we've already seen how in a couple of days they changed the % lowering dramatically).

The current debt system is crazy = "Chancellor on the brink of second bailout for banks". The first block, started from here.
It is useless to try to understand bitcoin using the old "financial" and economic tools. Very often (and I apologize) I have been very rude to some of these people, for the simple fact that while Satoshi has "pointed to the moon", someone looks at "the finger". The percentage, the alternative.
We are living in the dawn of this technology. And every day we witness its expansion to the "increase in value".
No, it makes no sense to cash out or "exchange" it for something.
"Fiat" money is managed unequally.
If a "branded" bag costs you 30 euros to produce and then they sell it for 30 thousand (Birk*ni Her*es): an immutable, eternal thing, with all the advantages we know, how much should it be worth ... 100 thousand dollars?
That is, I can give you 3 bags (production value 90 euros) and you give me 1 bitcoin?

:)

originally posted a revised version in Italian here = https://bitcointalk.org/index.php?topic=25061.msg64819320#msg64819320