Steem or Stack?
I enjoy to stack every once in a while and the rarer the metal, the more I like to have of it! I started to consider if this could be a good chance to add to my stack as I think my invested asset allocation still has some room for some metals given the recent improvement in sentiment and price in most metals traded on the commodity futures exchanges. However, I quickly ran into a couple of thoughts that made me think about the best marginal investment I can make at the moment.
While looking at pricing, I quickly remembered how much it really costs to buy directly from the United States Mint as the asking price is almost $2,000 whereas the spot price is around $1,600. This is a 25% premium against the value of the asset and while I still think prices can go higher, the thought of adding to my portfolio is to conserve value not risk it. However, the new today that the New York Federal Reserve Bank had to step in and provide support to the repo market quickly reminded me of the credit crunch of the Financial Crisis and got me seriously thinking about where I have my money and how much is available. We learned very quickly that liquidity can play a major role in the solvency of the financial system.
Enter Crypto... Contrary to the days of the Financial Crisis, we now have the power to take control of our monetary sovereignty. Instead of ordering some metal and waiting for it to arrive weeks later to store some value, I can now go to my most trusted crypto exchange, buy assets and send them almost immediately to a wallet I control. Having done that by a good amount over the last couple of years whereas almost 20% of my invested assets are in cryptocurrencies, I still seek a better opportunity to earn while I participate in the future of the monetary and financial system.
Enter Steem... or better yet #NewSteem (I said it finally)! Thinking very much about how that one Palladium coin can add more than 10k Steem to my account and leave me so much closer to the coveted Orca status! Given how hard it is becoming to earn more of it, it sure seems like a great opportunity but digging further, we can see how changes are paving the way for the investor side of Steem to come back into the ecosystem. The ability to leverage our stakes continues to expand every day.
Even today, traveling far from home, I am engaging and acting to continue to build my presence and steak here with the community. Whether it be the magic cure ration boots that I have set up and given my travel for the work out but I just had to accumulate enough activity for an active, I am c even today, traveling far from home, I am engaging and acting to continue to build my present and stake here with the community. Whether it be automatic curation votes that I have set up given my travel or the workout that I just had to accumulate enough activity for an @actifit upvote and tokens, I am constantly earning here on Steem. Even writing my thoughts here and sharing with the community a post will earn me a handful of Steem in seven days! I will end the night playing some Splinterlands and earnings tokens and more digital assets to build my portfolio as well! #NewSteem has plenty to look forward to!
Discord: @newageinv#3174
Chat with me on Telegram: @NewAgeInv
Follow me on Twitter: @NAICrypto
The following are Affliate or Referral links to communities that I am a part of and use often. Signing up through them would reward me for my effort in attracting users to them:
If you are like me and interested in continued personal growth, invest in yourself and lets help each other out by leveraging the resources Minnowbooster provides by using my referral link
Start your collection of Steem Monsters today at my referral link
Try the Partiko Mobile app to engage while on the go with my referral link
Get started on the latest game on the blockchain Drug Wars by signing up here!
If you select one of my above referral links, I will sponsor a @steembasicincome SBI in return. Let me know if you do so in the comments below!
DISCLAIMER: The information discussed here is intended to enable the community to know my opinions and discuss them. It is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any asset to any person or a solicitation of any person of any offer to purchase any asset. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or asset by me. There are inherent risks in relying on, using or retrieving any information found here, and I urge you to make sure you understand these risks before relying on, using or retrieving any information here. You should evaluate the information made available here, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, product, service or other information; I do not guarantee the suitability or potential value of any particular investment or information source. I may invest or otherwise hold an interest in these assets that may be discussed here.
Sponsored ( Powered by dclick )
Buy ASS token Now on Steem-Engine Before the Launch of the ASSHOLE Network Tribe
Want a stake in one of the pet projects of one of th...
STEEM all the way. You are getting in at a good price point. You can earn more form the investment and it also keeps you entertained while doing this. The coin will just sit there looking shiny until you want to sell it.
Definitely more utility in Steem which continues to keep me encouraged by all the development and excitement I see here on a daily basis!
Posted using Partiko iOS
Accumulation without having fun is not worth it in the long-term. ;)
Totally agree! Can’t see myself doing anything else!
Posted using Partiko iOS
!trdovoter 100
Congratulations @trendo.marketing, you are successfuly trended the post that shared by @newageinv!
@newageinv got 6 TRDO & @trendo.marketing got 4 TRDO!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
Congratulations @trendo.marketing, 100% upvote has been shared with your successful call on the post that shared by @newageinv!
Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP