Interesting times

in #steemsilvergold7 years ago

Damn.. Cryptos have been on a free fall dive to hell as of late.
I cant say i didnt see the signs back in DEC with things like bitconnect and people taking out loans to buy in a market with 90% of the coins and tokens being garbage.
Greed has a morbid play on the mind tho

I cant see it recovering anytime soon
Me... im just gona hold as i at least did not put in more then i could afford to play with.
Ill just dance by the pool with my silver and watch the game play out.
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Meanwhile the stock market... holy sheeeit
http://money.cnn.com/data/markets/

Is this the end, the collapse ?
guess we will wait and see

Meanwhile i have been enjoying buying obscure silver rounds and bars to add to my collection as i already have a boat load of basic RCM coins and bars
my latest finds in the last 2 days
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a really nice rare JM scotia bank one in there
getting all these for unrecognized too... (:
and just today
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Silver and gold seem to me as a great way to store wealth and beat inflation,
definitely a long term hold tho , although.... this could be it folks..
i'm sensing a shift here, it had to come at some point.
The fiat currency game cant last forever
If not well ill keep on working and putting that crap paper and digits into some real tangible wealth ...
If you cant afford investment land , reallestate or its way overvalued like up here in Vancouver Canada then
keep on stacking people

Lets see how this plays out... grab the popcorn

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Corrections are a part of life in the stock market and the same people are also in the crypto market so it is bound to have similarities. And we all know that the stock market will go back up...and so will the cryptos. That being said diversity is great for your portfolio so keep rocking those analogue coins!

Same song and dance, till the dance can't go on, corrections here and there and the FED printing to buy back bonds to keep the whole thing going.

thedamus grabs another beer...