I've got a decent position. As has often been said, BC is either going to zero or it is going to the moon. I personally believe it will be the latter. We're talking about money with no need for a third-party guarantor, and which is not subject to governmental restrictions on movement, transactions, or transfer, anywhere on the planet. The value proposition for that is so compelling that it's hard for me to imagine it not panning out.
Bitcoin and the blockchain have the potential to reconfigure the way we organize ourselves as societies. As different as our lives were before the internet compared to today, that's how different our lives might be after a full implementation of the blockchain and it's various applications (including crypto-currencies). And that process is methodically unfolding as we speak. EVERYONE should have some investment exposure in this space, IMO.
As far as following daily/weekly/monthly price moves, the only reason I do any of that is to add to my position when cyclical bottoms seem to be in. I never sell, so I guess I'm a HODLer.
https://en.wikipedia.org/wiki/Hodl