The lesson to be learned from silver, for me, is that it reveals the mania of markets. Those into cryptocurrency, in particular bitcoin have seen this hundreds of times before.

The big recent one was the cryptocurrency rug pull. Assuming nefarious actors, these rugpulls have the effect of wiping many out and creating a "wall of worry".

The same has happened to Silver today as it happened to Bitcoin.

My stance is that you have to take some profits off the table when big rises happen, unless you are looking at holding for multiple years.

These dips are what make gains for those with a trading mindset.