
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?
Leave Why Gold and Silver before Crypto Currencies to:
Read more #new posts
Best Posts From solidgold
We have not curated any of solidgold's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From solidgold
- My Hero CSW - An Inspirational Thought Leader
- Greeting , I am still here
- Celebrating my First Year with Steemit
- How much is and Upvote worth tonight?
- Solidgold Need You As Followers in STEEMIT
- Solid Gold - Perth Mint 1 gram
- Is 22 Karat Gold at jewellery stores real gold?
- Has the DAO wars just started?
- What's the most efficient way to sell your gold and silver bars?
- Why Gold and Silver before Crypto Currencies