I was thinking the other day.
If having gold and silver is a substitute for cash, then shouldn’t we be trying to invest our money and having it grow?
I do believe gold and silver will have some nice price performance, but how much?
I do not see gold going to $5,000 anytime soon, but even if it does… wouldn’t hive do better? Or bitcoin? Ok, maybe not bitcoin lol, but maybe ETH?
Hell if bitcoin can go to $1,000,000 then why can’t ethereum go to some crazy level exceed the gains of bitcoin.
If these numbers are truly attainable then why sit on some metals.
A part of me is thinking of putting like 5-10oz of gold into crypto and pulling out at least 25oz of gold out.
I was looking at my entry price of my metals and I noticed that those silver premiums have always been a killer.
Price of silver needs to make some moves for me to even come close to breaking even…
But, a part of me really does not regret holding the silver metal. It will have its time in the sun I can see it hitting $100 in the next few years, which again is nothing compared to the gains that can be found in crypto. Still.
I must say though I can’t bring myself to get rid of a lot of my metals. What do my fellow #silvergoldstackers think about cashing in metals to crypto