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RE: Pausing on Crypto-currencies, going in on Silver.

in #investment7 years ago

Cool, I did and am doing the opposite... after a whole bunch of Silver, I went into Gold for compact storage,then transitioned into Cryptos.

If the speculation of China announcing adoption of Bitcoin as part of their assets, that would be a whole bunch of folks getting in.

I love silver, it is my first choice and always has been,but dang it can get cumbersome.

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If China makes an announcement like that I think I will be set just from my SteemPower lol

I believe you are right! And hold on it is a New Year...maybe, just maybe....

Are you currently trading btw :)

I don't trade, I either hold or fold.... and just bought my first ETH, just for fun.

Ether and the Akashic records :D

I've read something about that last year, as far as i remember they were starting to develop a blockchain crypto and full government controlled , but it wil take them some time I hope :D sure would hate to say good bye to money and start getting hacked by Chinese data miners :D

it's going on for years :D

And probably you can't go wrong with silver , but I'm not a trader and never have been.

Best of luck to you :) Traders :) !
maybe check meh post Banner saga - Freelance Contests

It is amazing how similar our strategies have been.

Right now, I am diversifying a bit with cryptos too. I have a little more Bitcoin to accumulate then I am done. I do enjoy SteemIt and will hang onto my STEEM Power until I need it.

After I feel I have enough BTC I plan to stack a bit more gold and silver. Then see what happens.

Great post and great comments!

Steem on,
Mike

"The market is almost always somewhat in agreement even if it agrees it doesn't know what to think" - Someone

Good luck going forward... hey I just heard (and I put little stock in these types of audio alerts), that the reset is supposed to occur coincident with the Chinese New Year. Fingers crossed, toes, eyes and cramping now.

You know how timing goes, just hoping for now really.

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