What to Buy-and Where to Go from Here
Bitcoin and Silver have been two opposites of the market for the past few months; Silver-a hard asset, reliant mostly on industrial value|and Bitcoin, a completely market related cryptocurrency which does not have "intrinsic" value.
Bitcoin has been around the range of 15,000-20,000$ per coin as of recently, meanwhile Silver hovers at a mediocre 16$ per oz. Of course, like many others, I watched the slow and dramatic rise of Bitcoin, constantly thinking, "Pfft. This won't go any higher;it is way too risky.", And yet---here we are. I poured most of my investment opportunities into the fabled reliance of "hard assets". However, this is not at all to say that you should abandon hard assets. Quite on the contrary: Bitcoin is too complex for long lasting rise. Bitcoin is becoming outdated-it will be popular, and remain that way for a time, but will ultimately be replaced. Get into the young and aspiring cryptocurrencies which are made to reach a goal. Bitcoin had no "ultimate" goal (at least not a clear and concise one), although some others do. For example-some have the direct goal of making crypto currency acquirment easy. This is a perfect goal to penultimtely attract people to invest, and ultimately become a widely traded currency.
Silver-although dwindling for a time in support, I think there will be a small window of time in which it is beneficial to sell. In compliancy of my previous thoughts, when the public begins to lose faith in bitcoin, the less experienced will sell-leading to a chain reaction of gradual decrease in value. This is turn will bring people back to the assets which got many of them started. Silver. In this small window of time it would be beneficial to sell as the price rises. Almost never should you buy what is popular. This relies on the principle of "buy low, sell high". This is exactly what I plan to do, I think you should as well. Buy Silver!