Crypto's down & Metals up! If you hold both you don't care!

in #silver7 years ago

IMG_0379.PNG

Watching the markets is interesting when you hold multiple asset classes.

It pains me to see the cryptocurrencies go down however it's inevitable considering the elevator ride up in recent weeks.
It shows the importance of spreading your wealth around but out of fiat.

Please take note those who only own one asset class. You may regret putting all your eggs in one basket.

Tremendospercy

Sort:  

Stack gold, silver and bitcoin, you won't be sorry!

Definitely better to be in several asset classes, PM's, Cryptos and gold and silver mining shares. Cover all bases, just have to work out when to sell and buy each one, easier said than done! I'm holding all for the long term so hopefully will see all increase over time.

I'm new to the cryto space, but I cant deny that it is a great market to be in. I beleive it is always a better outcome when you have multiply avenues to diversify your money.

How can you not feel like a boss when you hold these? :D

When you hold gold and silver bars/coins in your hand you are holding history. You can see why people have fought and died to possess it and empires have come on gone as their holdings of it have increased and dwindled. It's magic!

I couldn't agree more, in fact I feel both crypto and thegold/silver markets are fighting the same fight. At the moment silver/gold markets are controlled and supressed by futures paper contracts but one day they will lose control. It's like trying to keep a beach ball under the water for you can hold it down for so long but as soon as you release your grip it's only heading in one direction. The crypto's are perhaps the only true markets left in the world and as such represent a bastion of truth in a world of smoke and mirrors. Without the manipulation I believe both gold and silver would be behaving in a similar fashion and so the crypto's offer a tantalising glimpse at a very possible future.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63204.10
ETH 2560.70
USDT 1.00
SBD 2.79