Crypto Profit = Silver and Gold

in #steemsilvergold7 years ago (edited)


Would have been pretty hard not to profit in the last week even though I'm not much of a day-trader. I've burned myself too many times in crypto that, by now, I realized it's a buy low, hold for awhile, crypto pump!, then sell higher. Either make profit or take the coin to the grave.

It's the HODL game!

Well, I bought some Eth back when bitcoin was tumbling down the shit hole, like a whole 1-2 weeks ago, and I decided maybe Eth? Although at that exact same time Eth was falling down that same canyon, and faster. I suppose, looking back it doesn't make too much sense.
Anyways, I bailed today around the 0.068 area. I'm sure it could go higher but I'm happy with the pretty solid profit - plus this BTC train looks like its picking up some momentum! Then again, the alts seem to be rallying pretty hard themselves - Crypto is always confusing, it's difficult to know what to do and when to do it.
Moon - Rocket failure - Crash - Earth Core Bound - Depths of hell bound - OMG Moment
Then it's basically a repeating pattern.
So I'm not sure exactly where to be, but I remember how December played out when BTC rallies and the alts collapse, so I'm moving more into BTC. Where it feels safer.

2nd. - I'm not too trusting of BTC either!

Last time we went to 12k and right back to 6k...


So I sell for some beautiful silver and gold!

  • The higher BTC goes, the more gold it buys

Diversify? Sure, but It's not only about the investing - I love gold and silver. I enjoy staring at my shiny metals and when I can take some trading profits and buy something physical and pretend like its free... Even better.
Plus I purchased these directly with bitcoins!

  • 20 oz silver and a 1/10 oz Gold Libertad.

I am super pumped over the Libertad. They are hard to find unless you want to shop ebay with massive premiums. I have silver ounces so I needed to have a gold counterpart!
Anyways, it's a buzzkill to know that the above items are currently being shipped to me and I don't actually have them in my hand...


It's ok though - Tracking says Monday!

Those pictures above are quite plain anyways. I'm going to need a photo shoot with my new Libertad!

Question for the silver collectors - Is that plastic around the 10 oz bar necessary? Can I just remove it - I like feeling up my silver

Until next time...

~Keep on - Steemin' on~

@generation.easy

Bitcoin and Gold Fanatic

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More or less sums up how cryptocurrency is. If you buy it low enough you either ride that sucker to the moon or you crash and burn and tap out the small fire it caused on your arm as you yawn in disappointment.

Anything in between is almost being a sucker. Who wants to sell something for 10% profit when everyone 6 months later got 100x to 1000x profit.

What’s a good retailer that accepts BTC?

Veldt gold is a good one. Lots of bullion to buy and you can sell for crypto too. But I'm getting most of mine through people on forums and here on steemit.

Thank you 🙏

Nice write up. You can take the plastic off the bar if you want. It won't hurt it, just won't stay as clean. Sweet pieces, thanks for sharing.

Thanks, I just don't see much of a point with silver bars.

Ah man my coins have been in transit for a while, the wait is real! And that price drop 50% in a week -- you're right, cryptos is a game you want to play safe and make out big.

Thank you for your continued support of SteemSilverGold

that's pretty cool to know....

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