I used to invest exclusively in silver, but then I got REALLY lucky with Ethereum..steemCreated with Sketch.

in introduceyourself •  7 years ago 

Hello fellow steemers

Short backstory: I'm from Norway, and our country has a long cultural tradition with silver. Many expressions in our language refer to silver. But, like most western countries this culture has been washed away to the point almost nobody owns it anymore.

After discovering the silver story in 2014, I went all in on silver from that point on. After December 2015, the silver prices have started to rise, and I started buying mining stocks. Made some significant gains in the first half of 2016. Today I'm pretty balanced between physical silver and precious metals stocks. Going forward I'm loading up on cryptos and working to make that a significant part of my assets.

My professional background is business and technology. The technology part of me is what got me curious into this last year. Even though cryptocurrencies are great, I still love the fact that silver is a tangible asset. Here is a coin from Norway:
mnos-frigoringen-new.png
One of the most popular Norwegian Silver coins - "Everything for Norway 1940-1945"

Got lucky with Ethereum

I've observed the crypto market on the sidelines since probably 2008 or something. Didn't buy anything worth mentioning until last fall. That was the time I discovered Ethereum. I got into the habit of buying 1 ETH every morning when I had breakfast. Ended up with around 120 ETH in December. Then it SKYROCKETED. Sold a lot after making 3X, and kept the rest. Today I have divested some of my remaining ETH into other cryptos. Steem being one of them. I even powered up to some steem just to see what it would do. I still haven't figured out if that was a smart move or not.

Like most newbies, I have a lot to learn.

Going forward what I'd like to contribute to this community is my perspective on what I discover, and also to share my story along the way. I've noticed a lot of people love to follow the development of other peoples portfolios, net wort, and investments. Eventually, I'll write a full summary, but as of today, this is how my assets are allocated:

j-17.png

As you hopefully did not notice, this is also an exercise for me to work on my English writing skills. I don't take offend of being corrected (spelling, facts, or opinions).

I'm hoping to have some great conversations about the future of money, how to invest in cryptocurrencies and the ups and downs of precious metals. Drop a comment if you have any comments, criticisms, suggestions, or just want to say hello.

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Welcome to Steemit all of you! Glad to have you on Steemit. Continue doing good post.
welcometo.gif Welcome to visit: REPORTS FOR NEWBIES by @hien-tran
I wish you the best! and hope to see you soon.

welcome to steemit. I am following your blog. Good luck here on the forum fellow silver stacker.

Good to hear I'm not the only one! :P Haven't bought much physical this year since I've been living abroad. Norway has a tax/VAT exemption on silver coins. The rest of Europe has to pay full VAT. Therefore, I've bought more into cryptos. :)

smart move. Looking forward to your future posts.

Hi, yes Norway and Estonia are VAT free for silver. Also Germany and Netherlands have a scheme whereby non-EU silver has almost zero tax. I wrote about it here a couple years ago on my website, http://preciousmetaltax.com/how-to-avoid-vat-on-silver-coins/
Really good loophole not many euro silverbugs know about
ps: your English is fine ;)

welcome !!

Welcome to Steem @norwegiansilver I have sent you a tip

Thanks, Botty McBotface. I appreciate it. Will have to learn how to set up my own Steembot later.

I like the Norweigan coins buddy.
Silver and Crypto's eh?
I'll follow you dude. Look forward to seeing your stuff.
Follow me at @tremendospercy

Love the quote on your profile page. It is definitively one of my all time favorites.

I change it periodically as there are many great quotes we should use to inspire each other.

Hola me ea mas facil escribir eapañol.
Pues mira mi trabajo es ser auditor y evaluo portafolios en una entidad bancaria y me encanta la distribucion de tu portafolio y por principios basicos de teoria de asministracion de portafolios se establece que la distribucion del mismo del mismo depende de tu apetito al riesgo recordaras que a mayor riesgo mayor rentabilidad por ende la mejor recomendacion que se ha observado es una distribucion equitativa de inversiones tanto privadas como gubernamentales deberias tener un poco mas de inversion en bonos de la tesoreria de gobiernos soberanos para equilibrar tu inversion. Me gusta tu distribucion pq tienes muy claro que no se debe tener los huevos en una misma canasta. Exitos y que toda tu inversion se te incremente exponencialmente.

Thanks. Appreciate that. Diversification is important, but also more fun. All of my investments are as far away from the traditional investment sphere as possible. That means I won't invest in banking, governments, or the broad stock markets. After we have had our inevitable next financial crisis, I am all for your advice. At this time, I see "traditional investments" as too much risk.

Welcome to Steemit! I hope you like it as much as I do. I'm a big fan of silver and ETH too. I'm following you to know you better. Feel free to connect with me @lulita 😀

Thanks. I feel welcome already. Looking forward to reading more about your business and life perspectives.

Thank you! Feel free to leave me some feedback. I'm always learning from others 😀

I do like your intro … nice one … future posts are been waited so hope for you the best in this new & challenging environment. I like writing/posting about several topics that call my attention, from travel, life to science and technology. Here are some of my last posts, that if you can, read them and leave some comments - it will be great.

https://steemit.com/life/@indepthstory/nice-island-beautiful-beach-lots-of-aquatic-sports-to-do-still-the-best-part-of-the-trip-was-been-in-family-all-together

https://steemit.com/steemit/@indepthstory/i-was-almost-convinced-but-what-happened-what-on-earth-is-going-on

https://steemit.com/life/@indepthstory/rio-de-janeiro-is-one-of-those-items-that-must-be-placed-in-the-bucket-list-and-one-day-definitively-visit-we-did

Best of good luck in the STEEMIT arena …. have given you my upvote tick for the welcome, and of course hope you will tick on the follow link .!!

Txs. & Rgds.

@indepthstory

Welcome to Steemit! :) Nice post, keep it coming :)

Good luck to you in your investing progress. You had a good eye with ETH, and now you are here ;) Should make others confident.

Steem is one of my top picks this year.

It still has a lot of growth potential ahead of it IMO.

Welcome to the platform, I wish everything work out for you. It’s not easy here but not difficult neither but just ask an extra effort, engagement is the key good luck I’m @goodaytraders Start by following people and they will do the same.

Welcome to Steemit!

Nice meeting you. Fellow swede here, into gold, silver and crypto... among other things.

Thanks. I am now following your blog.

I also write about gold and silver. Here is my latest post: https://steemit.com/silver/@hgmsilvergold/if-you-are-a-silver-and-gold-stacker-this-is-for-you

I didn't get into cryptos til after silk road was busted.. that's when I first heard of bitcoin... never got anything tho =/ but hey I'm on steemit now.!

I'm a silver Stacker and I'm trying to still learn all this investing crypto

Thanks for sharing. I just got into investing in silver coins this year and I love it! I waiting to see the bottom market with crypto and I am going to jump in.
Thanks again for the great post!!

welcome , nice intro. following.

Nice post! I will follow you from now on.

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