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Message:: [QUOTE="Pocket Change, post: 447702, member: 8012"]I apologize.  My point was missed.  However, I DO wish I could pick the highs or lows. My point.  You don't just sit on something for 250 years - or at least, it's a bit difficult to give someone advice about what will be hot in 250 years! More to the point.  In 1975, average cost of silver was about $4.50/oz.  My assumption is that you have a "price" at which you will sell - doesn't matter if you don't hit the "peak".  That's probably where I took the wrong turn at the fork in the road.... Then with the money you just acquired, you re-analyze all your possibilities and put the money into what looks the most promising.  Once again, you have a goal.  It could happen in 2 months, 2 years or 2 decades. Can you get it wrong?  Yup.  But you can get it wrong the first time and fiercely hang on until your holdings have much less value - because you're "long term". Concerning Morgans at $1.50 in the '60's.  Do the math.  The return isn't that great.  The few exceptions are the really "hot" keys like the 16D's of the world.  It would have been better to have a Certificate of Deposit in a bank over all those years rather than investing in about 99% of the coins. I guess I just see so many people say it in a way that the phrase "long term" will make everyone knowingly nod in agreement without thinking of alternatives.[/QUOTE]