The whole crypto world is having a shake. For those of you who are following I took some BTC profits out and got some silver. I always recommend diversifying into different assets. BitCoin is the future and will do well in a few years to come. Unfortunately there is lots of speculation around here. I am still holding off some of my silver for a bigger dip in BTC... which could go on till late September.... but then picking up by the end of the year, ready for the Chinse start of year buying spree!
People are selling mines, and selling a lot off to pay for stuff. There will always be this volatility with the supply and demand. If the supply starts shrinking again the price will rise. I have been trying to put 20% of my pay away into BTC no matter what so always good buying opportunities... If it falls under 2k I might trade in some gold/silver. or increase it to 30% and eat like Marvin. Till then take care, and catch the opportunities and stay patience.
You might be right. But I'm still crossing my fingers it doesn't go too much down! I don't link seeing my numbers shrink, haha.
I really don't understand why everyone is always so surprised, and want to know why it's happening. It had peaked weeks ago, it was clearly gonna dip again sooner or later!
Interesting picture because silver went up today.
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