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RE: Could Precious Metals Equities Ever Rise 5,000% Again?
great interview Sean. Some PM investors are suffering to see the cryptos gain, i think every PM investor should own some cryptos too, just in case and to be more diversified
According to Clif High the ppl reinvesting their fortunes from cryptos will stash it in silver causing enough demand to break the price supression. Sounds plausible to me.
Yes sounds like a good advice, many people like me made mistake buying the silver first and cryptos later
I did exactly the same man. I def underestimated their ability to keep the game going.
But i am trying to be positive and think that without owning precious metals i wouldn't have the courage to invest in cryptos. If cryptos fail then PM will rise a lot, so it's my insurance
Most Holding crytos don't care about metals and even make claims metals have no monetary purpose anymore so I doubt that will be any real push.
As well... there is nothing like owning a little to help you understand how wallets, transfers, mining fees, security and all the rest of the crypto specific nuances work. Many people see the price and think they missed it, but since they each break down to 8 decimal places, spending $100 and getting ~.0304BTC doesn't seem worth it , but none the less, you can still use those funds to practice and learn how this stuff works.
Yes that's how i started, and then it helped me understand faster than reading and researching. Once i understood i immediately bought . What is great about steemit is you can start with no money. I think new people should try steemit first before getting bitcoin
Thanks dj, agreed. I own physical precious metals, cryptos & some mining stock shares.
Hi Sean, I just watched the interview of Jerry Robinson on reluctant prepper. It was a great interview, he has a good portfolio management which include 5% cryptos for growth and speculation as well as PMs as the insurance