🚫Avoid panic buying and overextending yourself financially.
💰Pay attention to fees and taxes when purchasing silver.
🔒Keep your silver stacking private to avoid becoming a target.
🔄Have an exit strategy for selling your silver in the future.
⏳Start stacking silver sooner rather than later.
Should I panic buy silver?
—No, panic buying is not recommended. Silver stacking is a long-term strategy, so it's better to buy silver gradually over time.
How can I avoid paying fees when buying silver?
—You can avoid paying fees by being aware of sales tax thresholds, taking advantage of free shipping offers, and using alternative payment methods.
Why should I keep my silver stacking private?
—Keeping your silver stacking private reduces the risk of theft or becoming a target for criminals.
What is an exit strategy?
—An exit strategy is a plan for selling your silver in the future. It helps ensure a smooth and profitable exit from your investment.
When should I start stacking silver?
—It's best to start stacking silver as soon as possible. Timing the market is difficult, so starting sooner allows you to accumulate silver over time.
00:00In this video, Silver Dragons discusses five mistakes to avoid when stacking silver.
02:18Mistake #1: Panic buying. Silver stacking is a long-term strategy, so there's no need to rush and buy all your silver at once.
04:45Mistake #2: Paying fees. Be aware of sales tax, shipping fees, and credit card fees when making silver purchases.
07:14Mistake #3: Becoming a target. Keep your silver stacking private to avoid attracting unwanted attention.
09:55Mistake #4: No exit strategy. Plan ahead for how and when you will sell your silver in the future.
13:38Mistake #5: Not starting sooner. Start stacking silver as soon as possible to take advantage of potential price increases.
