Lions.. Bitcoin is now over 57K and many of you who follow my work have STAGGERING gains.
Many of you are writing to me asking, should you pull profits?
Well if you know my work at all you have heard me say this:
IT IS NEVER EVER WRONG TO PULL PROFITS.
This does NOT mean that you should close your entire position. If you were to pull profits, the question then becomes this: what do you do with your profit?
Well you do not want to stay in the dollar..
You could, if you were so inclined, re-allocate your profit(s) into other assets- as an example, physical silver.
The bottom line is this-
Even if you do pull profits, there is nothing wrong with re-investing that capital later on back into Bitcoin, or another asset that you have made large gains on. There is also nothing wrong with re-allocating some of your profits into other assets.
GM
The question is: is it a good idea to sell physical silver to buy bitcoin?
Thank you Gregory for the work that you do. I have purchased your book and there is definitely a lot of content in there so I appreciate the references you make to it from time to time. Breaking it up like this makes it an easier read for sure. One thing I am curious about is your opinion on real estate. I don’t see you mention it too often. Thanks again.