Why I Sold Silver

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  • Опубликовано: 7 фев 2025
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Комментарии • 71

  • @aucourant9998
    @aucourant9998 4 года назад +13

    I'm still buying physical gold (I bought some today). And I'm not selling any of my silver. Governments have been printing money like there is no tomorrow. That means gold and silver will keep rising. Now is the time to stay strong.

  • @timothyloyd3802
    @timothyloyd3802 4 года назад +8

    I am not selling. If I bought it I'm keeping it. God bless

  • @2is1gold
    @2is1gold 4 года назад +6

    Great video. I just did the same, selling 90% of my silver. Anything sold went straight into gold or Ether.

    • @SilverBritches
      @SilverBritches 4 года назад +1

      What's your favorite wallet?

    • @2is1gold
      @2is1gold 4 года назад +1

      Silver Britches Coinbase as the hot wallet. Ledger Nano X for the cold wallet.

    • @SilverBritches
      @SilverBritches 4 года назад +1

      @@2is1gold thanks buddy.

    • @2is1gold
      @2is1gold 4 года назад +1

      Silver Britches let me know if you get into it!

    • @SilverBritches
      @SilverBritches 4 года назад +1

      @@2is1gold I am

  • @Daveyengland
    @Daveyengland 4 года назад +3

    My silver was bought for about £2400 (132oz), immediately losing 50% value if I sold back to the dealer (I know I could sell for more on eBay or the silver forum), so to me it’s just not worth selling... even if I got my money back. I may as well keep it as a (very) basic storage of wealth. I also have my 6oz of gold, which has increased in value by 50% since I bought it.

  • @TrevorHoneyball
    @TrevorHoneyball 4 года назад +3

    I am not selling anything at the moment.....just waiting to see how everything pans out🤔

  • @YankeeStacking
    @YankeeStacking 4 года назад +2

    Thanks for sharing your strategy. You did a good job describing the difference in TRADING and INVESTING. 😉👌🏼

  • @dboi4952
    @dboi4952 4 года назад +3

    I sold some silver queens beasts and bought a gold one. I love silver and will always posess some, but gold makes the wheels turn so thats what im focused on.

  • @keithbrandson6293
    @keithbrandson6293 4 года назад +1

    Good info. Much respect. I have not sold any, but have stacked especially hard during C-vid. Mostly due to concern it will become unobtainable. I stack just known bars (RCM, Sunshine, Scottsdale), and ASEagles. I DO think we are due for a pull back into the low-mid 20s, but up from there. It does cause a little discomfort to not be participating in the stock market or crypto run-ups, but investment is about research and choices. Physical metal in hand brings its own type of comfort level. And I do think there is a chance where it will be virtually unobtainable. This virus-year has shown us that. Also, would not want to be holding high priced residential or commercial real estate or stocks right now.

  • @braden6992
    @braden6992 4 года назад +4

    I view silver as cyclical so I have been definitely selling on the way up. Once I hit the $10 to $15 per ounce profit zone I take profit. I still have some leftover just in case it surges past $33+ but I'm not betting on that outcome. My attitude is hold gold and play silver.

  • @silverjj8447
    @silverjj8447 4 года назад +1

    I am investing in some XRP recently. It's hanging around 10% of it's all time high. If bitcoin soars all other coins will follow so I look forward to possibly profiting and reinvesting into some tangible silver. JJ

  • @intalecrekthecoinmedic3416
    @intalecrekthecoinmedic3416 4 года назад +1

    I think it will come a point where we all should sell a bit. I do not want to be a hoarder to the point where my silver blessing becomes a curse

  • @masterstacker2833
    @masterstacker2833 4 года назад +3

    Hey, Shadow. I just today put a limit order to sell 25% of my SLV ETF if it goes up another 15%. Keeping my bullion for now.

  • @erikdale9145
    @erikdale9145 4 года назад +1

    Busy couple months for you brother, good to see the content always killing it! Enjoy the new capital! If anything, I'd see reconstitution of stack from silver to gold.

  • @davout71
    @davout71 4 года назад +1

    I have been selling silver I bought at too higher premium in the past and had never been able to shift. It's moving just fine now.

  • @thinkforyourself9311
    @thinkforyourself9311 4 года назад +4

    Sell that mess while the spot price and premiums are ridiculous and there are enough suckers willing to pay for it.

  • @11robert11
    @11robert11 4 года назад +2

    hey bud what cryptos are you holding i would be interested to hear

  • @generalstack6540
    @generalstack6540 4 года назад +3

    No way would I sell silver at these levels. I keep adding hard. I suspect you will buy back some of your silver once silver hits $50+

  • @losinglouie
    @losinglouie 4 года назад +1

    I sold my BTC today. But congrats on your massive gains in crypto!

  • @justpete2748
    @justpete2748 4 года назад +2

    Hey brother I want this to work out for you.
    I’ve been turning and burning alt coins and DeFi all summer. The losses I take on the chin and the winners go back into Eth or btc.
    My only concern about crypto is why do the big players want to sell it when they are getting paid in fiat?
    My silver stack is staying where it is for the time being. I remember the hype at $50 silver the day before the top on CNBC.
    I’m waiting for that feeling before dumping my lode!

  • @user-si7ig6ul7l
    @user-si7ig6ul7l 4 года назад +3

    I'm keeping mine for future generations, only adding for me

  • @SilverBritches
    @SilverBritches 4 года назад +1

    Thanks for sharing brother. What's your pick for a cold storage wallet? Just dipping my toes in.

    • @shadowstack3608
      @shadowstack3608  4 года назад

      I use the ledger nano X. With a nano s as backup 👍🏿💯

  • @georgey40
    @georgey40 4 года назад +1

    Buy silver is for a lifetime....just waching stacking.Later on pass it to family or 20 y rs later sell some for my old ages :)Crypto is for the next 2-5 years.50%-50% thats is

  • @Hoardin_Hobgoblin
    @Hoardin_Hobgoblin 4 года назад

    No better way to learning, than being involved in the Crypto world! Great Video!

  • @bgates275
    @bgates275 4 года назад +1

    I'm glad some of your investments have been working out. I'm happy for you.

  • @mykittenisagrandmaster4381
    @mykittenisagrandmaster4381 4 года назад

    If you were lucky enough to have bought low then selling some of your silver isn't that bad of an idea because silver price will go down again it's just a matter of when and how much me I'm waiting for somewhere between 12 to 10 dollar an ounce silver with a reasonable premium so that I can buy a few silver eagle monster boxes under 10k

  • @CraveThatCoin
    @CraveThatCoin 4 года назад +1

    Hey Shadow,
    Bold moves being made for sure. Appreciate your transparency about what you're doing regardless of the overall focus your channel has.
    I also got screwed on many coins, I'm talking 99% losses on some coins but they were all educated risks. With that said I've also seen huge gains back in the ICO crazy days. Overall for crypto I am up but I have seen too many come and go to be confident in any coin right now. It just seems that the whole market is speculation, no real use or utility. Even Bitcoin itself makes a useless currency which is what it was designed to be. Getting in and getting out seems like the way to go as every coin no matter what features it has will eventually be replaced with the new and better coin.
    I wish Tether was around back in the ICO days. I always wanted to put my profits into a stable coin rather than hold in BTC. That was a downfall for me back in 2017 because many gains were lost when BTC crashed.

    • @shadowstack3608
      @shadowstack3608  4 года назад +1

      Sounds like you ride that white knuckle roller coaster. It's the psychological part that needs to be mastered imo. You really knew your stuff, and done some great crypto related videos. Would be a shame if you was put off for life.

    • @CraveThatCoin
      @CraveThatCoin 4 года назад

      @@shadowstack3608
      I hope you and your family are well.
      Yeah that's right. Been a bumpy road but no regrets at all. I made some very good plays so far such as buying XRP for about 12 cents and selling for over $2. Wish I put a lot more into it but it's easy to say looking back.
      I still hold about 4% of my wealth in crypto. Just hasn't been looking at any purchases for the last 2 years. I should probably put the actual use to the side and focus on speculation.
      Been having a lot of success in the stock market. Has been very good timing though, investing in March. Up over 40% so far.
      You know me, I like to have funds in many different places.

  • @Kered-9
    @Kered-9 4 года назад

    The people who comment "I'm never selling my silver" or "I'll be buried with my silver". You might as well be buying beenie babies or dvds or something..... it's all useless if you just keep it and not make any profit or anything.... or be buried with it.

    • @robertoh.20
      @robertoh.20 4 года назад +2

      their faimilies will enjoy the silver they amassed and blow it on holidays as soon as they die.

  • @survivaleconomics
    @survivaleconomics 4 года назад

    What Crypto platforms are you using to purchase Cryptos? At the moment im using Coinbase and Binance. Anything else? Some of the coins you mentioned are not that accessible.

    • @shadowstack3608
      @shadowstack3608  4 года назад

      I'm on most exchanges, it really balls down to where the coin your looking for currently is. Signing up to kucoin bittrex and uniswap are good plays now, just for getting the kuc out of the way

    • @survivaleconomics
      @survivaleconomics 4 года назад

      @@shadowstack3608 OK thanks for this. enough to get me started. I was just speaking with a dealer in Europe and he expects BREXIT in December and hence duty charges. How will you be able to buy back into Silver at a good price when the premiums are sky high + the VAT? Making big silver orders wont be viable.

  • @thedadgenius2545
    @thedadgenius2545 4 года назад

    I've been buying gold, mostly collectible gold coins

  • @gasdorficmuncher9943
    @gasdorficmuncher9943 4 года назад

    better? gold ?

  • @generalstack6540
    @generalstack6540 4 года назад +1

    Can’t believe u are selling your precious metal to gamble in crypto currencies. That’s madness and extremely risky. I was hopeful we would see triple digit silver together ... but I guess not

  • @garnsucceed
    @garnsucceed 4 года назад +5

    if you wanna make money crypto is definitely where to invest, gold silver is my savings account

  • @jennc8554
    @jennc8554 4 года назад +1

    As great as your coin videos have been I would love to see you making crypto videos!

    • @shadowstack3608
      @shadowstack3608  4 года назад

      Thanks Jenn. Maybe one of these days 😲😂

  • @markbass354
    @markbass354 4 года назад +1

    Shadow I almost sold some of my silver but didn't , maybe soon.

  • @Kered-9
    @Kered-9 4 года назад

    I sold some silver as well. The main reason was... because I wanted to. 😉

  • @keyfikeyfi196
    @keyfikeyfi196 4 года назад

    Gümüşe talep her geçen gün daha da artmaktadır. Talep arttıkça fiyat arttı, fiyat artıkça talep daha da arttı. İlerleyen yıllarda aynı altın gibi düğünlerde takı olarak takılacaktır. Fiyatı da örneğin altın 500 liraysa gümüş te 250-300 TL bandında olacağını düşünüyorum. Talebe göre bu makas aralığı daha da daralacaktir. Gümüşün ışıltısı altının parıltısı diye boşuna dememişler... Bende fiziki olarak yatırım yaptım. Al sat yapmam, alıp ta unutanlardanim... İlerleyen yıllarda inşallah bu yorumda tekrardan görüşmek dileğiyle...

  • @honkhogan21M
    @honkhogan21M 4 года назад +1

    Buy BTC only.

  • @jhonthemethodical2491
    @jhonthemethodical2491 4 года назад +1

    Think Theta Token will see big moves going forward Silver too⏳

    • @shadowstack3608
      @shadowstack3608  4 года назад

      I agree. It has seen some massive gains since I have been out 😲

  • @drwho6908
    @drwho6908 4 года назад +3

    Selling my doubles to buy 🥁🥁🥁 gold.

    • @drwho6908
      @drwho6908 4 года назад

      More gold actually 😻😻👍🤘

  • @thesilverphist6483
    @thesilverphist6483 4 года назад +1

    I swapped some silver for some platinum :-)

  • @blairroland2954
    @blairroland2954 4 года назад

    Good time to sell some. Makes sense.

  • @blue_diamond_gem
    @blue_diamond_gem 4 года назад

    Just buying small amounts of higher premium.

  • @minirmonedharelaks80
    @minirmonedharelaks80 4 года назад +1

    Hello.my friend
    Good Silver share 👌

  • @MySoloTravel
    @MySoloTravel 4 года назад

    Whats you thought on the stock market? I started using trading212 last week and it's going well so far but with the coming recession I don't want to get too far into it. Physical silver has been a great hobby for me over the past 10 years, but a poor investment.

  • @womblestacker7993
    @womblestacker7993 4 года назад +1

    Hi bud

    • @shadowstack3608
      @shadowstack3608  4 года назад

      Hope you and the family are doing well 👊🏿

  • @ElPoorKnow
    @ElPoorKnow 4 года назад

    Hey you,
    Hey g (Ag)