I sold a lot of silver at really good prices made a few buck on it.
Been buying cheap btc with it.
I made a small profit in silver of no more than 10% and sold it, because I was afraid that it might return to a sharp decline in the early hours of the morning while I was sleeping, now it's cash, and do you think it's relatively cheap now? I'm waiting for the time to buy BTC at a low price, I want to buy in one shot this time to make it easy to move it directly to my personal wallet.
In my opinion, silver is highly undervalued. A long time ago, silver used to cost about half the price of gold, whereas today the gap between them is several times larger. I believe that silver is only just beginning its growth and that we may still see a strong price surge. As for strategies like selling silver to buy bitcoin at favorable moments during price rises and falls, I personally would prefer to accumulate both assets, as I consider them both very promising.
Basically the supply and demand for silver is different and silver also has a very large supply compared to gold, weaker confidence, if you think it is still cheap and just starting its rise I doubt it, because silver has touched the ATH several times lately, what if it's just a pom pom with a big speculation behind it? or is it purely because of market demand and we can print TAH several more times in the near future, we also need to consider the data aspect in the expression to validate your argument sir.
