Hell Steemsilvergold. Over the next year are so i have not been buying as much silver as i would have before. I played the crypto game and bought into a few altcoins which i am currently HODLing and all worth less, so much less than i paid for them. I recently started a new job which pays a little more than my last and i have planned to live off what we already live off and just save more so...... and it's back on!!! The silver fund as been getting loaded up the past 3 weeks so that i can return to buying bigger amounts of silver instead of bits here and there and not really staking any proper amount of oz's. I still love my crypto but lets face it, you make money HOLDing altcoins (expect for litecoin), you need to hit a unicorn longrun. It's all about Bitcoin, it always was but i got tricked and cheat up by the FOMO. It has taken me almost 2 years to learn the lesson, dont fuck about with altcoins, they are a bad bet long term. Stick to Bitcoin and Litecoin only. I love my EOS and Neo but i have no plans to ever buy any again.
I have made everything simple for myself to get back into the routine of saving for silver again. I decided to split whatever i am saving that week between silver and BTC. Silver for long term savings and BTC for short term. I would like to take the family to Thailand next year i have decided to gamble the holiday on bitcoin. If i continue with buying at least £50 worth of BTC every week, that's around £2500 which pays for flights. Im hoping that bitcoin will pay for the hotel, lmao. If it goes down, we'll rent a caravan, haha. I prob only buy LTC when im holding abit of folding and extra cash/crypto has found me in some way. Airdrops can be worth a few dollars sometimes, look at palnet, steemleo ect
I already saved up enough to buy around 16 oz's in 3 weeks so im starting to window shop, my plan to basically just stack silver brittinna's from now on, they will be the bulk of my buys which is a little boring but they are most easy to sell when needed for me. I will get my queen beasts series updated and buy a few treat coins for myself along the way but it will mainly be brit's for me.
That's me back on the stackitis train and ready to collect up some oz's
..
I think everyone goes through the alt coins trying to spread there investment.
I did the same...... BTC will be the main attraction.
When the investment world jumps in that’s where they will start.
I do believe this will drag up the alt coins....at least I hope It would, like to break even on those.....
Good to find another Silver stacker, I too backed off to jump into the crypto party but my metals will always be my solid investment or insurance policy if you think like that.
I just started looking at your SP delegation voting bot @steemcryptosicko it looks interesting!
Can you tell me for 100SP delegated if I post once a day what is the current vote value?
Congratulations @silverstackeruk! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Silverprice is lagging but could turn up anytime now.
Gold Silver Ratio was 92/93 last week I believe.
Good to hear from you and I hope you are able to hit some profits with BTC and go on your Thailand vacation!
With the BTC, don't get greedy. It's hard to be a "contrarian," pick a profit target and sell into a rising market, in order to secure your profits. But, cryptos are so volatile that it's the best way I've found to swing-trade it: short trades with profit targets between 10 - 30%, then get out.
I just added 20oz. of SDBullion Eagles to my stack. I'm starting to reach high enough levels with my stacking that I'm starting to get excited about the first big pump - I'll sell 100 oz. around $50 or $60/oz., which more than covers my initial investment cost, and I'll still have 250+ ozs. to let the price ride crazy high. But, if it doesn't, my costs are all covered and I've got some good savings.