Tend to agree. If you're so inclinded maybe flip the lot for a little profit and reinvest the funds in more 10oz coins at a lower price to erase your 3k "loss". If you don't mind the logistical hassle and can get rid of them all at a reasonable profit. Could test the waters first by testing demand at a price that's suitBle for you.
I may check ebay, see what these are selling for individually. Should be able to get my money back on them, and repurchase when silver drops to under $18.
But how do you know it will drop lower? I have been purchasing small bits on the way down. Better to purchase in smaller lots more frequently to cost average. Maybe you should see what happens and if it drops lower purchase some more? Or have you blown all your fiat on this purchase already?
Aye, never been a fan. Better to use logic and buy in bulk on the dips. Of course that can backfire but it at least stops you buying on spikes caused by news or parabolic rises caused by morons.
I don't. I haven't blown all fiat, but I don't want my silver to fiat ration going more than 1:4 25% is too high already...but, I made the purchase because it seems to be a solid price point.
What I meant was buy the dips, but don't put all your money in at once. No one knows where the bottom is around here, there has been many opportunities to buy that seem amazing, and then silver drops further. Better to invest over a few larger purchasers, than 1 great big one. To me investing everything at once is risky.
Forget about silver for a few years, come back, and then hopefully sell all your silver for a nice healthy profit
