Yes. Stay away for now. Watch, and when you think it is on the rise; go all in. That's my plan. I don't think it will go below $15 keeping in mind that production costs are 20 - 25. At current prices miners will shut down and supply will fall...
Even the experts can't tell where the bottom is for SLV...might go lower than 12.
Or, might be close to the bottom 4t 17-19 range.
This is a slow burn SLV on the downside.
However, maybe the wise decision is to dollar-cost average on the downside and wait for rise.
SLV to 45 happens once every 30 years. Don't hold forever (lol)