Fiat —> Crypto —> Silver&Gold —> Repeat

in steemsilvergold •  7 years ago  (edited)

There has been a lot of action lately in the crypto world, while Gold&Silver just seem to go down and suck harder! (Ahem, no pun intended...)

I have been farting around the crypto space for years, doing deals, buying hardware, trading and consulting, and just basically having a great time while at the same time making lots of money.

Ever since i was a kid money has fascinated me and i can distinctly remember thinking: what if you could sell money!!!? But as a kid i realized how absurd that idea was...

Well apparently not so absurd!!!

I have always liked coins, and silver, and when i first started stacking years ago it ignited a passion in me for understanding the forces that govern the way money works: it’s ebbs and flows and value, and even how it is conjured into being by the powers that be (i.e. Central Banks).

When bitcoin came along and the penny finally dropped — 21 million coins only vs 7 billion debt slaves — i knew i had found something special. This was pure currency with zero third party and immune to manipulation. I was hooked!

Fast forward 4years and the space has really developed. Me ol’ Ma is buying litecoin and even taxi drivers are pontificating the merits of it, all the while MSM predicts its imminent demise. It’s gone Ape!

Cut to just last month when some guy i met on a social network asked for some help getting exposure to an esoteric alt coin. Well, i did what i do and i got this guy hooked up; and, i took a chance on a pony that looked really great — overlooked, but ready to run!

That guy was @raybrockman, and that pony was POE...

As Ray has said, and i too have offered: if you’re not taking some off the table you’re not really making anything. There is a great desire to just “let it ride...” as if, no matter what you got today, if you just hold it long enough you will become rich. That’s nonsense. You must have a plan, and that plan is a must. Maybe it is your plan to sell out when you go x10 or x100 or x1,000, whatever... but built into that plan should be some diversification. Or at least that’s what i think...

So here’s where the rubber meets the road:

Last month i bought some POE after Ray alerted me to it, and i helped Ray get some of it right on his Jaxx wallet — sent it right from here to there like i was texting him! — And today i took some off the table.

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I’ll mention the logo in a minute, but for right now, here’s the loot:

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As well, this was a private sale, so i split the spread from VBCE and managed to get 102oz of silver (the last 2 were Wood Bison’s) and a 1oz Lady Fortuna! (@bearone, thinking of you darling! But no you can’t have it 😜)
I paid $23 cad for the SML’s and $1,650 for the Pamp. 4k worth of the shiny for about $500 invested 1month ago!!!

The crytpos can really kiss your ass or kick your ass — it’s a fucking fight club!

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This time around it was ol’ Ray who helped me out. And hilariously, i suggested POE to some of my friends up here who have also done very well. I told them that i was going to send a Thank you down to Alabama, and 3 of them have said they will help to add to weight!!! It may take a few days to get all organized, but the point of it is the opportunity that is available to all of us here on ssg. Tips, support, education, comraderie, it’s all here. And there’s some good laughs too!

So to tie in my title here, i will suggest: take some cash, get some into this game, turn it into PM’s, rinse and repeat...

I know getting the fiat can be difficult — it is for me anyways, but there is opportunity here in abundance. Just think about it and you’ll find a way. Be active! And go and get it. Hunt it down like you’re a killer whale — no one is giving Killer Whales free seals...they WORK for it. And they look good doing it too.

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For that matter, look at Stax — she looks great! and she’s working that moneymaker 24/7!!!

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How ‘bout #steemsilvergold? Everybody is stacking like their future’s depend on it...
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Even us crazy Canucks are mad-stacking fools — and we have the luxury and freedom to buy 99.99 PM’s for near spot with zero tax. If you’re one of us find out where!
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I also want to say a “Hell Yeah!” To membership. More people are voting on Stax and her daily figures are really adding up. And also, great new content from ssg vets and noobs all the time. My VP dipped into low 30’s couple days ago ‘cause i just couldn’t stop dishing out the votes — you guys and gals rule!

Keep on Stacking! ...like your future’s depend on it.

Cheers! from @thedamus

🍒🍒🍒

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What an inspirational story. It brought a tear to my eye!

Crypto to Metal will go down as one of the brilliant moves of the century, and you just hit a Barry Bonds style home run!

Congrats!

🔥🔥🔥

How about from Coinage to Metal...???
@pocketechange

coinage = fiat

Everything = Fiat... lol...
@pocketechange

  ·  7 years ago (edited)

Incorrect. Gold&Silver have intrinsic value, as well as holding proven purchase power throughout the millenia.

Every other example of “coinage” has failed miserably... just go to any coin shop and rummage through the boxes of old shitty coins that have no pm’s in them and you may soon realize the flaws in your eponymous theory.

Why would US coinage be any different? It has been losing value just as fast as fiat bills have, and probably quicker insofar as no one but panhandlers wanna carry that shite around...

The metal within our Coinage has been losing Value... But right now, it still takes 100 CENTS to obtain a Dollar that only has the Purchasing Power of ONE CENT... After the Reset, we will get a New (Debt Free) Dollar, and guess what...??? The New Dollar will have the Purchasing Power of 100 CENTS, not just ONE CENT like the Federal Reserve (Debt) Notes currently have... It will still cost 100 CENTS to obtain one... You won't be able to say that about Federal Reserve Notes.. It will take 100 dollars in Federal Reserve Notes to obtain one New Dollar... A Reset of our U.S. Coinage along with a New Dollar is Justified, because of the loss in the Buying Power of the Federal Reserve Note Dollar... And yes, I also STACK Silver & Gold...
@pocketechange

  ·  7 years ago (edited)

Okay, whatever bro, good luck with that. It sounds unlikely to me but stranger things have probably happened. It just seems like a kind of “fringe” theory to base your entire Steemit persona around.
It’s an open platform though so keep on rockin it and see if it’ll roll.

Actually, my Theory existed before I ever heard of Steemit... It's probably stupid of me to even post such a Theory... I should have just kept it all to myself, sit back and watch the events unfold... I realize how insane it all seems... It must have been just as hard to tell people the Earth was Round, when everyone knew it was Flat... One thing's for sure...
I have a lot of Experience & Practice, defending my Theory... I actually avoid talking about it in public... Thanks for commenting back... Your opinion "is" important to me...
@pocketechange

Holy shit you made enough to get a freaking Starbucks. Lmfao.. BOOM, now that's what I am talking about. Crypto's = silver= security= long-term wealth. Dude you said "bring the truck cause I got some shit to haul." I know that I have said it a lot, but thanks for the help bud, it really took it to the next level for me.... STACK THAT SHIT BROTHER. oh and thanks for the shout out.....

Ga-Ga-Ga-Gangnam style!

👊😎

Slow clap and a dilly dilly for Ray!

Care to pick up a hitch-hiker...???
@pocketechange

I miss seeing you around... You know I love comments...
@pocketechange

Shweeet looking metals

You’re a fucking drunk hooligan!

takes one to know one ya salty sweet home Alabama steemian

...where the skies are so blue!

Time for crypto it's looking the upward, just be hold and can be achieve, i appreciate

Nice Haul Damus! The first rule of fight club is you turn Crypto profits into Silver...the second rule of fight club is You Turn Crypto profits into Silver!

Ha!!! Exactly...

Rapidly it will be reach their, the world are now depend on crypto, you have here the right mention

Great Post!. Interesting Story. I want more of this. Keep it up

Oh hells yeah, love what you did here. That pamp bar is a thing of beauty! Congrats on the gains plus Ray B is a super guy so I'm glad u guys made $

Thanks GA! It’s one for the team!!!

👊😎

102 oz of silver and a 1oz Lady Fortuna !!

I dig the look of that bro, NICE HAUL !! damn (-:

Thanks c dad!

I’m out rolling today with baby Leon(15months). He’s mostly chillin’ and handling the shotgun under his blankie — 😳😁😜

  ·  7 years ago (edited)

Upvoted and resteemed. I think Stax needs more purple. Have an awesome day.
Brent

I agree! We need a wardrobe change... maybe a goldmoney tee!!!?

Just keep it form fitting, oh wait, diid I say that out loud?
Brent

Sweet post man. I feel like taking the money of the table is good advice. I need to get more concrete about my crypto goals. I'm one of those guys just waiting for this "big score" one day.

Slow n steady baby!

The Big Score will come with the increase in Purchasing Power of our U.S. Coinage, after the Reset...
@pocketechange

I am sure you just broke the first rule of fight club ; )
Nice stacking! I hope silver stays on sale for quite a while longer, I need more time!

...get it while you can 🤘

@thedamus Nice little Post and good job helping out @raybrockman. It is cool to be part of steemsilvergold....

Eat ‘em up!

Wooooh...passion is the drive that keeps you going, even when the ideas seem absurd. I know you be so happy you invested when you did. Am still getting to understand it though...Great post dearie, Love your passion. Can you give a darling some of those gold coin...lol

No soup for you!

But i have a walloping upvote...

hehehe...am a patient gurly, my passion allows me wait...lol. Thanks dearie, Please if you get the chance to checkout my post and upvote, and follow, would really appreciate, thanks

You have received an upvote from STAX. Thanks for being a member of the #steemsilvergold community and opting in (if you wish to be removed please follow the link). Please continue to support each other in this great community. To learn more about the #steemsilvergold community and STAX, check this out.

That's the way to do it, easy wise plan.

That's a great haul bro 👊. Love the pamp bar, so shiny! Keep stackin'.

🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦

Now thats how you do it big man! Its a beauty shame you can only make contact through a protective plastic screen but it would be criminal to take it out the packet! chers bud :)

S’alright... i have naked coins too!

So...much...shiny! Well done, @thedamus!

No one’s ever gonna’ say: That idiot! He bought gold...

🤑 oh wow! Killing it with that crypto! That's a shit load of awesome shiney on a $500 investment.

Yeah it is :)

Great to see the cryptos profits materialize into precious metals. Great! thanks for keeping us up on the crypto news. Kudos to both of you @thedamus and @raybrockman

Cheers goldkey! What a crazy month!!!

@thedamus , you messed me up showing 4 tubes and saying 102 silver. I'm like,

  • "where's the other tube?"

I had to look up to find that the Silver Maple Leafs come in tubes of 25. I usually think 20 coins per tube because of American Silver Eagle tubes of 20 and many other private mints with tubes of 20.
Everyday, something new. I guess I need to add a 25 coin tube of Silver Maple Leafs to my stack, obviously it is missing.

Nice to see the fruits of your labor spread out in shiny. Fortuna was the first bar I ever bought. Nice choice dude 👍

Pure inspiration! I feel like this is turning into the blueprint to follow

  ·  7 years ago (edited)

It has always worked...

Congrast, the piece of gold is beautiful, but I do not distinguish the design of the silver coins, which is?

The tubes are Silver Maple Leafs. The two extra are “Wood Bison’s” from the Wildlife series.

Wow that is nice.

👍

This post has been included in the latest issue of 'Notes'. Do stop in and see what the fam is up to!

Thanks!

Love those credit S. bars!

Fiat, crypto, silver, repeat.

Great post and really helpful one. Thanks for this piece of writing.

Oh wow... Did I just see some Gold and Silver...???
You have become a true Stacker...
@pocketechange

...what? Just now?

Lol

As an avid Goldbug and SilverStacker - I love your approach - and it is what drew me into crypto trading in the first place.

the beginning of your post made me smile, well kids thinks the danrdest things

😁🚀⚡️🕺

said that when he still want to sell off money for money, lol, omg that smile you got thier 😁 😁 this one is so hilarious, kids do think nasty things

Sneaky Ninja Attack! You have been defended with a 14.32% vote... I was summoned by @thedamus! I have done their bidding and now I will vanish...Whoosh

This post has received a 25.65 % upvote from @booster thanks to: @thedamus.

Cryto currency's!

This post has received gratitude of 7.80 % from @appreciator thanks to: @thedamus.

You got a 19.64% upvote from @postpromoter courtesy of @thedamus! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

  ·  7 years ago Reveal Comment

nice
thanks for sharing

nice follow me back brother...https://steemit.com/@yusf

Gold and sliver has always been a balance for the stock market, when one goes up the other down and visa versa. Not all to sure where crypto will fit into it all...

The @OriginalWorks bot has determined this post by @thedamus to be original material and upvoted it!

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  ·  7 years ago Reveal Comment

Go post your ass-hat-garbage somewhere else.

  ·  7 years ago Reveal Comment

Come back and i’ll flag you.

  ·  7 years ago Reveal Comment

I’m not going to flag you. Just don’t rip off other people’s work. It’s very annoying and obvious as hell!

  ·  7 years ago (edited)Reveal Comment
  ·  7 years ago Reveal Comment

Can we just skip the gold and silver part? As it cannot generate a great income

During the Asian trading session, Gold analysis entitled "Gold Bulls On Hold, Multiple Spinning Top Breaking The Bullish Sentiment". Gold is currently still muted, and is trading in the same range as it previously was. On the other hand, the US EIA (Energy Information Administration) reported in its weekly report, that WTI Crude Oil stocks fell significantly- by a whopping 4.9 million barrels last week!

I like this idea

Ever since i was a kid money has fascinated me and i can distinctly remember thinking: what if you could sell money!!!?

Being a moneymaker is so fantastic