Post
Topic
Board Beginners & Help
Re: cash out and buy silver?
by
Anon136
on 10/04/2013, 13:04:51 UTC
I wonder if it's good to cash out of BTC now and buy silver, which seems to be in a nice dip.

Thoughts?





why miss out on double returns

Double returns are only returns if you cash out at the right time.  How many have that kind of trading acumen to know when that time is?

Diversifying would be a smart move for a layman who wants to spread their risk.

my strategy is to ignore the price and keep my ear to the ground. When average joe and betty on the street are talking about how they just bought some bitcoin, ill know its time.

AMEN!  Far from that now though.  I suspect a few bubble cycles will happen before we are at that stage.

almost certainly this is true. But if this is true and you hold for the long haul than you will come out ontop.