I would love to buy gold right now but thanks to the dipshit in office I am unable to drop that kind of money. What I have worked into my budget is buying silver. This is something I plan on doing for the rest of my life. My goal is to purchase at least $100 of silver every month. I just did so from SDBullion and got myself three 1oz silver bars.
My question, for those of you that have already been investing into precious metals for a while, what is the best bang for my buck? What weights do you recommend? What sellers do you recommend? Is it better for my to keep buying 1oz bars each month or set aside money each month until I have enough to get a 5oz or a 10oz bar?
Research bitcoin, it's different to all the other digital coins. You can buy $10 or $100, you just need to self-custody. https://www.youtube.com/watch?v=8Mhu6dxj7qk&t=97s
Bitcoin is a losing hand! It was issued for child trafficking, drug trade and laundering. It will disappear when the RV takes place. XRP is king then XLM both are gold asset back. Bitcoin is backed by nothing.
Anything that requires electricity and internet connection is super easy to cut off from people they don't want to have touching that stuff. 100% agree, have the shit in your hand that will matter when the power grid is compromised. Stop playing their game, guys.
RV?
USD is used for way more bad stuff than btc.
Bitcoin is backed by proof-of-work. How do you not know that? Its limited nature, proof-of-work, and utility give it value. I put under $1000 into Bitcoin and it's now worth $67,000. XRP can't compare.
And have you even heard of USD and all the nefarious things it is used for? Most bills have cocaine on them.
It's real value comes from the fact that there is a finite supply of bitcoin. Once all the 64 million or billion bitcoin have been mined, that's it, no more. They can't create more bitcoin and devalue it, like they do with printing more dollars.
edit: Forgot to add - However, my belief is that if TSHTF, anything based in the digital/electronic aether will be worthless. Precious metals will be king, along with food and fresh water.
And yet I made $45k running my computer for about 25 hours back in 2010 generating a hair over 1 BTC and selling it during the Covid lockdowns to supplement some lost overtime. Wish I had let it run all year for that backed by nothing goodness.