You are reading this because you are on Inleo or Hive… which means you are in the crypto world.
The crypto world is special, there is a lot of depth.
But regardless of where on the crypto spectrum you are, you should know by now that when your grandma is asking you about bitcoin its probably a good time to take profits.
The way I see it, sheep always get the short end of the stick.
What is a sheep? I am not trying to insult anyone. But when I say sheep I am referring to people who “who along with the herd”.
A few weeks ago, I went to get rid of some gold and silver. Just a couple of pieces that were either really scratched up or my least favourite metals.
What I saw was a line up of people ready to cash out.
But I had this feeling. I had this feeling that these people are selling right before the prices will go up.
I do not put myself into the same category as these folks.
Why? Well for one, they talk too much. I can hear their entire life story from the hallway from the office they were in selling their silver in.
To the lady with her mother from across the country who was selling kilogram bars of silver from a fresh divorce… good job selling your ex’s hard earned silver at these prices…
When I go into the office, I sit there quietly, get my money and leave. Lucky for me I already doubled those funds and plan to get way more back thanks to crypto.
But, I remember the workers there telling me how its been super hectic with all kinds of people coming in to sell, I told them the prices will keep going up they didn‘t believe it, but here we are at higher levels, new all time highs for gold.
I also look at the silver chart and see the biggest cup and handle ever… similar to the one gold had… but gold took off… i think silver is primed for a massive jump…
The only issue with silver is that huge slippage you are taking buying in because of those pesky crazy premiums.
Buying silver for spot is the best investment a traditional investor can make if you ask me. But this is also not financial advice ( do I still need this disclaimer every post? I just do it out of habit and why not be safe right?)
Posted Using InLeo Alpha