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RE: Dear friends and family. Please take a weekend and really investigate block chain investments. You're gonna miss the boat!

in #steem7 years ago (edited)

Your letter to friends has given me a kick in the behind. The problem is I don't immediately have discrescionary funds. However I have quite a bit of silver. Do you think it wise to liquidate some of the shiny into crypto's. Would you caution about debt of any kind. Know you are not a financial advisor, just begging your opinion, or that of others. Thanks for this. Will do something. Been listening to Cliff High, been wet toeing but not diving, cause I'm chicken. Appreciate it.

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I don't know your situation. I don't know how much silver you own. i don't know what you plan on using it for. I can't answer personal questions like that. I think you have to talk to friends and family and a financial advisor to get a better picture of that.

Thank you so much for your reply. I understand. Guess I should have asked, your opinion on precious metals vs. cryptos.

I think you need a mix of stuff. I think cryptos will have a higher return if you time the market well. But you'll risk a lot less with silver. Not sure what you need in your portfolio.