- Jul 29, 2014
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How are all of the crypto fans viewing the current market? Are you still buying the dip?
How are all of the crypto fans viewing the current market? Are you still buying the dip?
The only thing going for Bit Coin is it is impossible to create more. So fuching what?I was sure I was going to buy some in Nov. when it was at 17k....haven't because I can't believe that the CB won't just create their own brand....Do they sell it in an ETF backed by real BC like gold? I could probably wrap my head around that better than downloading something I can't see onto a thumb drive and more than likely losing it.
That's awesome PC. I've been holding and holding my physical and I think you're right about it falling below 20(spot)....Sadly I sold the last of my paper silver a few weeks back and actually took a small lost.....manipulated would be understating what happens in the metal markets.Paper Silver and Gold are manipulated markets which hammers the price whenever it suits them. Having said that I made 17O k on silver the past year. Got out of owning paper completely 8-10 months ago but have periodically sold puts on it and made another 10k or so. I am looking at around 18-19 bucks for SLV before i decide to get back in. I will be selling the puts at $17 or so. Right now SLV is trading around $1.70 less than the spot price for silver. Due to energy prices silver is undervalued right now but down side trading always always always overshoots.
What's this all about?
It's a bit amusing that they are calling them commodities.
What is your thought process in your decision making here? Do you have an idea of where you think the bottom might be? A long term target for a future peak?Anyone buying this huge crypto dip? I'm at .62 BTC, but my dollar cost average is around $37k. So I'm down 50%. Oooof!
What is your thought process in your decision making here? Do you have an idea of where you think the bottom might be? A long term target for a future peak?
I would expect crypto to continue to fall until we finish this tightening cycle.