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Why Gold and Silver before Crypto Currencies

solidgold

Published: 21 Jul 2016 › Updated: 21 Jul 2016Why Gold and Silver before Crypto Currencies

Why Gold and Silver before Crypto Currencies

Gold and silver before crypto #currencies is all about retaining your precious CAPITAL (i.e. your strategic reserves).
Strategic capital allows you to stage a come back into crypto if an investment turns bad.
Crypto currencies require initial and average-in buying, to establish a sizeable stake.
If mistakes are made in my crypto selection, or a crypto allocation turns bad (i.e. left bag holding), gold and silver provides the assurance of staging a comeback.
I (possibly like you), get easily over excited about a crowd sale or initial public offering. I'm often unsure about the initial stake size. Early ICO discounts cloud my thinking.
All-in on any particular coin or #ICO can be deliciously exciting if the return is say 10x or 20x (but loosing your shirt means there may be no #gold or #silver to back-up).

I have a small collection of ready gold and silver bars to keep a balance (anchor) in my portfolio diversification.
Because it takes a day or two to sell the gold and silver reserves, time-out is essential for me.
How do you secure or anchor your #crypto investments?

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