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RE: Sold 1/10th Bitcoin to Fulfill My Gold & Silver Addiction
Just surfing my feed and somehow ended up on your golden sands. Personally, until crypto becomes walking around money I'll consider cash to be king in my world.
With cash you can walk into any estate sale and find real gold, silver, diamonds and other jewels in boxes or bags that unknowing or uncaring kids have thrown carelessly in the junk jewelry pile.
When coming across an 18K ruby ring that they see as a beat up old ring, I really don't want to take the time to explain crypto currency. I just want to hand over a two dollar coin and keep on digg'n.
Just wondering if you buy all of your gold and silver retail. Have you ever thought of precious stones as well?
Keep on Steem'n on!
You know, I've been meaning to try out some estate sales I hear you can make out really well on some. So is that 18k ruby ring one of your finds lol?
I buy most of mine retail from a gold dealer, and lately I have been doing auctions on ebay.
and no I haven't thought much about precious stones because i'm worried about liquidity, I honestly woudn't know where to sell and I wouldn't know much about buying.
I see myself as a prime target to get ripped off.
Other than than, stones are very pretty and I could see myself getting into them at some point in the future. Currently my money is pre-occupied in gold/silver/stocks/crypto
What do you have to say about precious stones?
Estate sales, unorganized ones, are usually a good place to find all kinds of valuable things for resale and profit. Kids are just in a big rush to sell the house so they really don't care...just want it all gone. You can take your profit and add to your chosen stack with it.
I used/still have an Ebay account but stopped buying and selling in the mid '90s Do a little research on precious and semi precious stones...they can be had pretty cheap and they look real cool in a clear bowl on the coffee table. People pick them up and all of a sudden want a few. Pretty much sell themselves.
The 18K ruby ring is long gone...so is a very fine tiny 22K horse I got...I was told it was valued at over 5 grand because of the fine jewels and workmanship with the reins, saddle and stirrups. I was happy with 3 grand. I got it for 10 bucks.
Also if you can, buy stamp collections if they're cheap. Research your Ebay.
Keep on Steem'n on!
logyx