I have goals in life, one of my goals has always been financial freedom. What that means for me is that I can literally do almost anything I want daily, without ever having to think about if I will be able to pay my bills.
But, getting wealthy is one thing, staying wealthy is a whole other game.
Crypto has shown us that there is nothing else you can do to achieve the type of gains that comes with cryptocurrency. Crypto gains have outperformed stocks, bonds, and of course, has outperformed going to work everyday. But, when speculating and investing, its always been said to make sure to take some profits, and never to have all of your eggs in one basket.
But, who wants to cash out to worthless fiat? What’s the point of that? Sitting on a bunch of paper that loses value daily. So what’s the best thing to do? Turn that dirty paper into precious metals. Since I have started this, my precious metals have increased in value. Now, if the world economy continues to do what it has been doing since covid, we can see prices of everything spike up as the fiat paper around the world continues to weaken.
Central banks are stacking up on gold for a reason, they must know something is coming, if you can, you might want to look into the history of money and decide if gold and silver will have a meaningful role in the financial future.
None of this is financial advice, sure there are other assets that have appreciated more than gold and silver in relative timeframes, but gold and silver will always have value, there is only so much downward price manipulation that can happen before these two assets explode.
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Gold and silver are also one of the important physical assets one need to own.
Using your crypto gains to buy physical gold and silver is a nice strategy to help safekeep your money when inflation hits Fiat.
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Amen
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Precious Metals and Crypto make a great combination.
My core stack are mostly Canadian Maple Leafs for instant identification and maximum liquidity.
Thanks for sharing your thoughts.
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Yes yes yes yes yes and yes! You are mightily correct on all of your points.
And Holy Fuck! 120oz in one shot with what looks like a 1/10th and 3 1/4s
Dude (or perhaps, Babe), either way, you are a crypto mackin’ metal stacking Zombie Savage and I love it!
🤘😎
Stack on!!!
"Aye- Fa wants tae cash it tae worthless fiat?! A braw boorichie o' Canadars. Ye shoods pit them deep in th' hull." -Keptin