Im watching it too, we could see a move down to the low £50s . Id love to understand whats driving this, is it profit taking?? ,FUD by newbies?, Im glad youve taken profit but im for holding ,its part of my stacking mentality. At least with silver we know its the banksters manipulating the price, but this crypto shit is one helluva rollercoaster, you cant take your eye off it for a minute.
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I think like all markets there is manipulation in Crypto and hype drags newbies in with FOMO. I saw one guy buying after I sold and he seemed influenced by my profit. Not the way to play these markets. But it'll come good again. These people tend to panic when it drops. I scale in with tranches then exit on the ramping up to spikes. Feel naked without the Litecoin but I've held the spike plenty of times and seen profit go down the pan. Can't wait to get back on the rollercoaster. Silver is so corrupt, but the actual silver is not enough to fulfill paper contracts. At some point this situation will come to a head. Keep stacking.