Yesterday we have seen another Bitcoin SURGE thanks to Tesla but what does this mean the Bullion side of things

in LeoFinance3 months ago

what's up bloggers

SilverGoldHunter and I am back for another blog

Yesterday we have seen a Bitcoin surge to just over $46K thanks to Tesla and the CEO Elon Musk.

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Which it has also been amazing for us crypto users who have been buying and HODL for quite some time.


But there is only 1 thing remaining, Which is

What about the Silver & Gold and what type of role do they play in this?

Well that is a tough question and that is something that I am going to discuss.

For instance I am going to show you my stack of Silver so far which will then be followed by Gold.

Here is the Silver side
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If you can see that I had been starting collecting silver from 2018 so that is 2 years on the bounce

And for the Gold which I have been collecting for a couple of months now

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And this is probably the most important part of this is to keep a tracked score upon how much you have paid for each type even if it is Silver or Gold.

Here is an example of my sheet.

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It is very important to put how much you have paid + P&P as well and also when it comes to selling these adding premimum because it does have a key factor when trying to make a profit (So for this bit when you come to selling your Silver or Gold, you must do your homework becuase I am not financial advisor and this is something that YOU must do if you want to make a profit from it).

And my other question is that
Q. Is there any point of selling this when trying to make a profit from you own prospective? The answer is NO because I am in it for the long term.

And again this is up to you if you want to sell it early or in the long term.

And that is my 2 Cents

Have a good day all.

SilverGoldHunter

PEACE

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If you buy off Apmex and make an account t they track all purchases and add them to your portfolio. It tracks purchase price and gains based on market prices.

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Love the ideal of the Karatbars and Goldbacks notes. Would like to see more from other Bullion manufacturers on this concept.
And I am into the Long Term for myself and my descendants.

Thanks for sharing @silvergoldhunter

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Yeah!'
Stack on!

Thanks for the report, @silvergoldhunter.

You're welcome