Burning question that I keep asking myself so I am throwing it to the group...
Would you sell some of your #silverbullion to buy #crypto #miners ?
Keeping in mind, that some of the rewards from these miners will eventually go back into silver? I am just trying to scale up and have an itch to buy another miner...
Let me know in the poll please 🙏
Tough question.
In short: is dependent on each different persons circumstances and tolerance for risk. Translation: I have no clear answer.
Just looking for opinions, lol. I am have pretty much already made up my mind, lol. Actually, made the miner purchase with my spending cash. But that leaves me with no spending money for a few weeks. But I have crypto to spend, so there is that, lol.
sell the silver
I would go the other way and sell the cryptocurrency to buy more silver. There are ways to acquire "free crypto" which can be used for that purpose. It's not as easy to sell silver regularly to by cryptocurrency.
I would rather build the infrastructure to make the internet money that I can spend on APMEX to buy more silver. At least at the current time. I am just itching like crazy to scale up and get this one initial project finished, then go from there, lol.
!LOLZ, I'm with you on the grand scheme of your plan to build infrastructure to mine cryptocurrency to buy more silver.
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Ouch, don't know much about silverbullion so my opinion would not be good