As for the other guy talking about metals, due to the seasonal aspect of the metals market, I believe July is usually the best month to buy, then the market tends to pump from August onwards. If bitcoin was flat or down at that time, yea, it would be a good idea to dump bitcoin for metals. Silver is closing in on a wedge that I believe is going to break upwards hard long before August, though. They simply can't push them down much lower than they already are, and they definitely can't push platinum down any more (although I like silver better for the monetary Schelling point since platinum is not considered a monetary metal by most).
If it makes you feel any better r0ach, I did buy some silver the other day. Bought 20 oz at spot price. I agree that silver is highly undervalued right now if you look at historical charts. I didn't sell bitcoin to buy it though. Just had some extra money to put to it. Everyone should probably own a little PM. But imo the vast majority of your $$$ should be in BTC.
Gold otoh, I'm not so sure. Looking at historical chart, it could fall another $300 before it bottoms out. I'm sure it's being held down by the "invisible hand" as well. Fkn naked shorts.
