Right, I’m going to go all in on silver, prices are looking hot right now. Looking back at a purchase from 2020, £19 a coin , now trading closer to £90 (x5 🫡🙌), fuck, that is vat on top, so actually a cool £110 a coin!!!!
Just one/two (maybe more issues), good luck getting hold of a significant amount of silver ($100k of silver is about 31kg), then securing it (that’s a big ass safe) and just wait until you have to sell. While cgt free for coins, still need to pay vat (I think). Also, good luck either posting a decent amount of coins to an exchange or walking into a dealer with a significant amount. Can’t imagine them even giving you a decent price if you arrive with a higher number of coins.
Sorry but while I’m keen on becoming silver influencer, I may continue saving my time and value in bitcoin.
Just one/two (maybe more issues), good luck getting hold of a significant amount of silver ($100k of silver is about 31kg), then securing it (that’s a big ass safe) and just wait until you have to sell. While cgt free for coins, still need to pay vat (I think). Also, good luck either posting a decent amount of coins to an exchange or walking into a dealer with a significant amount. Can’t imagine them even giving you a decent price if you arrive with a higher number of coins.
Sorry but while I’m keen on becoming silver influencer, I may continue saving my time and value in bitcoin.