Well, if you should cut your loses or not, hard to tell, to many variables (atleast for me) not read through the white paper for the privacy based crypto although they could just ban it outright, I guess.
So the point being is what the plan is? How long do you plan to hold them? Is it just to stave off the inflation of USD? etc, if it is as an investment for the future due to asset speculation, I would dump them.
But then again, you are the one working in fiance, I'm just a coder.
I already hold gold and silver, as well as platinum.
There was a time when owning physical gold was banned, look at what happened to those who cut their losses, they're broke debt slaves right now. sure massive bans could lead to further dips short term, but long term it's gonna go up anyway, just look at how much fiat is collapsing right now, and not everyone wanna use government spyware currency with expiry date which is what they plan to replace fiat with.
Cause you don't like the weight of silver?
It was quite obvious if allowed to progress they would want to monitor/ban crypto, since there are several plans to make their own digital currency.
To be honest, I fell for the whole bullshit about the never ending rally. Should I just cut my losses?
I already hold gold and silver, as well as platinum.
Well, if you should cut your loses or not, hard to tell, to many variables (atleast for me) not read through the white paper for the privacy based crypto although they could just ban it outright, I guess.
So the point being is what the plan is? How long do you plan to hold them? Is it just to stave off the inflation of USD? etc, if it is as an investment for the future due to asset speculation, I would dump them.
But then again, you are the one working in fiance, I'm just a coder.
Too rich for my blood xD.
I'm hanging on but I won't be investing anything additional.
I guess it would still hold value in the event of a crash... as I change my legal name to cope-y copington
There was a time when owning physical gold was banned, look at what happened to those who cut their losses, they're broke debt slaves right now. sure massive bans could lead to further dips short term, but long term it's gonna go up anyway, just look at how much fiat is collapsing right now, and not everyone wanna use government spyware currency with expiry date which is what they plan to replace fiat with.
They already have digital currency via their regulated banks.