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Seven ways to invest in Gold and Silver

In the previous post I talked about why I invest in Gold and Silver. I explained that I mostly buy Silver coins, but there are many ways to invest in Gold, Silver and other precious metals such as Platinum and Palladium.
Here are seven ways to invest and trade in precious metals:
Own and store physical Gold and Silver coins or bars, aka bullion, yourselfRemote storageSpendable Gold and SilverGold and Silver ETFsGold and Silver mining ETFsGold and Silver FuturesGold and Silver CFDs Bullion Storing your coins and bars in your own vault is like owning your own private keys in Crypto terms. There are many similarities between owning your own Cryptos fully in your own wallet and holding Gold and Silver in your own vault.
Just the same, security is your own responsibility. In both cases you are in full control of your money. You are not dependent of banks and other third parties. On the flip side you are fully responsible yourself for keeping your money / assets save. So with Cryptos you ha…
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Why I buy Gold and Silver

I own crypto currencies, because I have come to the conclusion that money as we know it today is no longer sustainable. I have come to this conclusion during the crisis of 2008. At that time I had the intuition / the gut feeling something was wrong not only with our financial system, but more specifically with our money. It took a few years of researching and investigating until I figured it out. The thing is, part of me did not want to believe it was true. And for a long time I did not act upon the intuition and knowledge I had. That changed last year when I decided to put my money where my mouth is and I started to accumulate crypto currencies. Cryptos align perfectly with my expertises: coding and trading. So I went for it... And with success.

Now I want to diversify my holdings more by adding Gold and Silver to it. I buy Gold and Silver as a hedge or insurance against the undwindled money printing of all of the governments / central banks of the world. Money, or actually, currenc…

Why I am a trader and investor and why you might wanna be one too

I am a coder by day and trader by night! Coding is my day job. I am fully aware that only having a job will not allow me to provide for my family and myself consistently in the long run. This is because most of the western societies are setup in a way to be more and more disadvantageous towards the working middle class. I do not need to be a billionaire to be happy, but our society is becoming more and more binary. It seems that one can either be rich or poor, in which case I opt to be rich, or at least hedge myself against being poor. Trading and investing are my hedge against this trend.

The super rich and us Below are two videos from the BBC documentary "The Super Rich and Us". It clearly illustrates and explains the polarization of wealth distribution in our current society. Here is a catchy quote from the documentary:

There are the haves, the haves not and the haves yachts! But actually we seem to be heading for a society where there are only haves not and haves yachts.…

Build your Crypto portfolio following the marketcap using Coincube

One of the most difficult things about investing in and trading crypto currencies, is the enormous choice in coins and tokens. Which ones should you hold and how much? Like most people, I guess, I have a couple accounts on exchanges like Gdax, Bitstamp, Poloniex, Bittrex and  HitBTC. So how much do you hold on each exchange? And what if you have some holdings on a wallet outside of an exchange? Introducing Coincube I have been looking for a way to manage all these holdings and accounts. I used spreadsheets and tools like blockfolio. I did ok, but it was a lot of work keeping track and to keep adjusting my portfolio as markets change. A few month back I came across  Coincube. Coincube is a free service, that let's you connect your exchange accounts and wallet, so you can manage them as one portfolio.
Coincube let's you: connect trading accounts for automatic tradingset your portfolio to follow the marketcap of the top 5, 10, 20, 30 or 50…

A look at my Trading profile

I have had an account at Etoro for a few months now and the returns are pretty good. In this video I will show you my profile and explain how select my portfolio. If you want to checkout my profile yourself you can go to http://etoro.davetromp.net

Trading update: Volatility hurts

To start trading like I do check out http://plus500.davetromp.net
Check out http://etoro.davetromp.net to invest like I do.
Contact me at http://www.davetromp.net/p/contact-dave.html if you need help getting setup.

Keeping my cryptos secure with the Ledger Nano S

I just received the Ledger Nano S hardware wallet. As my crypto portfolio is growing I thought it was time to buy a hardware wallet. I will make some follow up videos on how I set it up.



Ledger Nano attestation security demo The Ledger Nano S came packaged without a seal and just had some foil rapping. If you watched my video you know I was a bit suprised about that. But all was soon cleared up as I opened the packaging and read the "Dit you notice?" message. Here is the video I mention and that explains how your Ledger Nano S is verified each time you connect it.



Link to learn more about genuine Ledgerwallets: http://www.ledgerwallet.com/genuine


Making the Ledger Nano S connect on Ubuntu
Setting up de Nano S is easy. I just followed the instructions on screen and I looked at http://start.ledgerwallet.com. After setup was done I tried to connect the Nano S to the browser wallet, but it did not connect. A quick search found me the solution at https://ledger.zendesk.com/hc/e…