How to weather financial storms..............

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I think the question is how are YOU weathering financial storms, because we will always have Bull amd Bear markets....
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Not financial advice my friend, just Silvertop investing....

Weak hands......
When the market turns on a dime like is is doing, or more correctly on the Tweet of one Man, many run for the shelter of the Greenback the U.S. Dollar.
My opinion is this is putting a band-aid on an open wound, and the ROI is next to nothing.....actually nothing....
Diversify........
This is the best way I have found to invest.
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The longer I hold Fiat, and everyone needs to hold a portion of their savings in Fiat, the less buying power I have.

Precious Metals........
Adding this to your basket of investments, precious metals provide you with an investment that has stood the test of time. Gold is the most stable, Silver possibly the most profitable.

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Stocks too big to fail.......
With interest rates next to nothing, the blue chip stocks, the fang stocks, dividend paying stocks, always have a place in my portfolio. The economy is not out of the woods, and the the Federal reserve will keep printing. My personal opinion is that they will not let the stock market do anything but go up.......

Silvertop how about Crypto........

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One of the first lessons I learned in investing, is to invest consistently, steadily, and average your purchase price.
So much exciting news coming to the block chains!
Binance Smart Chain is opening the door to a new world of investing, and will give ETH some competition.
The last I read Ethereum is two years away from a new fork to lower gas fees.....maybe....

So there you have it.......
My not financial advice plan of investing.
Precious Metals........
Crypto........
Stocks......
Cash........

Remember every market turns on a dime, and there were always be money to be made.......

Silvertop Mike😀

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12 comments
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Thanks for the report, @silvertop. A little Silver may go a long way in the future. Maybe the near future.

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I believe you are correct @cve3.....let the price drop, I will add some more to the stack my friend!

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(Edited)

Got all the bases covered?

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I read somewhere today that throughout the many numerous crypto crashes the trajectory is still up, and that's what I stay focused on......

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Hopefully @kerrislravenhill .... with the constant printing of Fiat money Lol I wonder sometimes....More Silver my friend!!😇

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All great advice regardless. I am no financial advisor either, but diversification and having some rock steady's is key. I don't risk more in crypto than I can (be mentally okay) to loose, yet it draws me closer to that line every day. It's hard to deny the blue sky outlook on them.

Silver and Gold Rules!😁

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Very well stated my friend....I believe Crypto backtracks....and then marches forward!😀

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Anyone crying about the "crypto crash" Sony needs to zoom out their charts a bit. The market is up incredible amounts over the last few months!!

When in doubt, zoom out

Cheers Mike, take Care

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You are so correct @fat-elvis!😀
This is the wild west of crypto! How many "Crashes" have we had, only to have it rebound! I read somewhere that they were saying that the upward trajectory continues on with "Crash after Crash"😁

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