What are the best coins to buy, Not to Buy.?
7 years ago in #steemsilvergold by britcoin (67)
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The crypto market is luring tons of speculators into it and since most of the top tier coins/tokens are expensive, hence, many of these opportunists are pouring their hard earned monies into the undervalued cryptos in hope of massive gains. When the market corrected recently, the microcap coins/tokens got slaughtered.
Thanks for that info, still way ahead, but trying to help others, when we go cashless its bye bye to many people
But I believe when we go cashless we would still heavily rely on central banks so I would put my bets on precious metals rather than on them!
Sov.
I think it Will be a long time until we go completely cashless because there are so many people who still don't have computers like my mum! Sov.
There are so many crap coins coming out these days! Who in their right mind would pay those premiums for those coins! You would be better off buying a 1/10 oz gold eagle for those prices.
spot on, a man with common sense
Especially now mints are offering so many fractional gold bullion and this makes high premium silver or even silver itself less attractive..
Sov.
I pretty much always try to buy as close to spot as I can. Or some really cool actually valuble ones.
you can flip some thats good but most of the time the mint to many, keep stacking my friend
Silver most of the time are just too risky to stack on their numismatic value probably it's more sensible for weight stacking
Sov.
@Britcoin - I personally am guilty of buying some of these crap coins (usually from Niue or Tokleau), but I buy them expecting them not to appreciate much more than a round. If I do so, I don't usually pay more than $4-$5 over spot, I only buy 1 for me (I have given some as gifts), and I am buying them just because they look cool.
a few is ok, but its when you buy lots you will find it harder to sell.
Spot on it's never late to realise that you made a mistake but make sure you learn from it!
Sov.
Haven't you got some of the coloured Peter rabbit coins regal? Sov.
I would buy some of them because there fun and great to get kids interested, I used to love senatorsilvers videos on YouTube stacking with his grandkids, Sov.
And the gallery of grotesque wastage of silver continues!
If I get these silly-silvers, I get them at spot and deliberately manhandle them. Maybe in a few years someone will see pleasing toning where there once was nothing but brutally ugly designs.
Sov
Same for coloured coins. Hard or impossible to resell. But one or two for give away is o.k. -ish.
I think colourising coins is like the opposite of lipstick on a pig.
It's... putting pigshit on a pearl. :D
Sov
Upvoted & Resteemed
Sov
Well personally coloured coin is never my cup of tea...
Sov.
I've got a 50p coin with Peter Rabbit on, keeping hold of that bad boy!
One of the colourised ones? They are well done, Sov.
You.got ton wonder what people are thinking when they choose a colored coin over an eagle
Yeah some of the coloured coins are so badly done they look awful and tacky and cheap, Sov
This Scooby don't.
Hahaa scooby dont, that's a good one! Sov
I think there is always "popular pushes"; basically items that a mint thinks it will make a lot of cash off either because of a fandom or a specific character. It is truly the decision of the collector or investor as to what to throw their money at. If nobody buys crap they don't make crap. Thanks brother!! SOV!
The Pandas, Koalas, Kookaburras, etc, started as bullion coins but people liked them because they are beautiful and different each year. That makes them a kind of semi-numismatic coins where the old ones are priced much above the newer ones. To a pure stacker that doesn't mean a thing ...
I forgot the SOV again. SOV.
Upvoted and resteemed, Sov.
I would buy them for a few quid over spot for the fun value but would never pay £100 for one that's madness! Sov.
Historic coins are the best they will just go up in price as they get older! Sov.
A Donald Fuck coin lol, like this, Sov.
I almost just bought one of those hilarious commemorative Beatles coins with the messed up faces but got outbid it only went for a few quid over spot tho, I say as long as there cheap then there worth it :-) Sov.
I just got a beauty of a piece of silver but I paid enough for it! Well alot more than spot but I'm happy! I got the 'Game of Drones' kings perish round from second arrow silver! £27 but as far as bullion goes it's stunning! Bit like silver shield :-) Sov.
Here it is Barack Obama sitting on the drone throne! Sov.