RE: Why I Am Powering Down, But Plan to Cancel After One Payout
If you are looking for some "counsel" on using your money from cryptos to buy silver, let me share a small part of my post from 6 weeks ago:
"I don't have to worry about my silver's batteries running out, or losing my crypto-wallet, or the bank cutting me off - BECAUSE I AM MY OWN BANK!!! And, here's the coolest thing about my own bank: I am ALWAYS, 300%, PRE-APPROVED to take out a loan, any time, for any reason.
So, why all of this fuss over STEEM, Ethereum, and BitCoin??? BECAUSE IT'S GOING TO BE REALLY GOOD FOR BUYING MORE SILVER!!!"
You have to understand what it means, right now, to buy physical metals: you are, "taking your money out of the game," and placing it into a more secure savings account. You are buying yourself some peace of mind, and some financial security. There is a lot to be said for both peace of mind & financial security. However, with your money just sitting there - waiting for SHTF - it's not doing a whole lot, other than having its' price supressed by the central banks - because they want everybody in the dollar, not REAL assets.
My strategy is essentially the same as yours: keep some money in cryptos, keep on "playing the game," so that I can take the profits from it and buy more silver.
One day, maybe soon - maybe not, precious metals will break free of the manipulation. On that day, everyone who's sitting on a stack is going to be VERY happy. You could do a whole lot worse and just go out and spend it all on junk that you don't need - but you seem smarter than that.
I hope that helps.
(curtesy of CageTheElephantVEVO - YouTube)
Very nice comment my friend. Yes, you're right, we will be sitting pretty one day!