I buy when I have some FIAT stacked up and the price seems reasonable The recent drop in prices has made my DCA a good bit lower. It’s now about $33 an ounce. Additional, as I recently liquidated assets I bought into the market price to avoid leaving cash in the bank account.
Been getting 4 oz a week for a while now. My DCA
is still pretty high, but coming down. I BTFD in addition, carefully, as impulse pushes me.
Buying the dips has helped DCA quite a bit. For me it all boils down to
consistently exchanging a portion of my currency for real money. I choose to
Save in Silver.
All depends on how much money you are talking about. Small stackers should just buy on a regular basis. If you are talking $100k or more then time the dips, not hard because the boyz always hit the price around options expiry or first notice day. Plus you can get better pricing when purchasing multiple green monster boxes.
BTFD – Buy the Freaking Dip is the nicer version. The more “vulgar”version is what everyone means.
Whenever I save a big enough pile of fiat and time it with a big enough dip in the paper price is my strategy mostly. I usually buy massive buys of bullion like ASEs this particular way. Other times if I have a few extra hundred fiat I search around and get the coins I want as more of a “collection” than a savings account. ie Pandas, SBSS rounds, Kookaburras etc.
" To see if someone else posted about it already so I wouldn't be double posting.
I'm not polluting the forums. I didn't threadjack and I'm not thread spamming. I wrote my own thoughts and included relevant information in my own thread.
How about taking an objective look at your ... "Reply To: Welcome To The Silver Forum
" Why I like dimes and quarters, not many counterfeits showing up yet. The few that are here tend to be key date in a slab coins that I have zero interest in. And a fake dime rings wrong when dropped "Reply To: How off the mark am I? Or am I?
" I'm curious if anybody thinks the fact that mint coins have a face value is a benefit when transporting them across borders? (eg: Are you transporting more than $10,000 in currency? Nope, currency value is xxx)
I also find the idea that the mint should defend against counterfeiters since it ... "Reply To: How off the mark am I? Or am I?
" Xizang, that's why I included the word 'circulated.' Every single circulated coin has its own unique wear, while the chinese fakes are new.
I would not trust any graded coin in an NGC, PCGS or other holder - THESE are being faked in china also. At least with a loose coin you can weigh it and... "Reply To: How off the mark am I? Or am I?
" hi KLAMMERN!
Welcome to SD.
Tons of good advice in here, but I'd just add this:
Don't get too caught up in SELLING Silver, as in move a large amount of stack in hopes of buying
more, as the price could jump in the interim. But trading up is a safe deal. It can be done as oth... "Reply To: How off the mark am I? Or am I?
She does deserve it, thats a fact. I have come up with a plan. Ordinarily I wouldnt discuss this, but I think i hit on a good one. A new bathroom vanity has about 3" of space under the interior of the... "Reply To: What the hell do I do with it
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