Buying Coins When Prices Feel Unstable
Volatility scares most people away. But usually, volatility is the signal you have been waiting for. Here is how to read the waves.
"I'll buy when things settle down." We hear this every day. The problem? Things rarely settle down. And when they do, the price is usually higher.
Understanding Price Action
Silver is volatile. It jumps $1.00 in a day. It drops $2.00 the next. This is feature, not a bug. It is a small market, so it moves fast.
Scenario A: The Falling Knife
Silver is crashing. Everyone is panicking. Strategy: Dollar Cost Average (DCA). Don't try to guess the bottom. Just buy a set amount (e.g., $200) every Friday. You will naturally buy more ounces when the price is low.
Scenario B: The Rocket Ship
Silver is spiking. Everyone is euphoric. Strategy: Pause (or buy very small). FOMO (Fear Of Missing Out) is dangerous. If you buy at the absolute peak, it might take 2 years to break even. Wait for a "pullback" (a strictly healthy dip after a rise).
The "Price Doesn't Matter" Mindset
If you measured your Junk Silver in ounces instead of dollars, the chart would be a flat line. 1 oz = 1 oz. The only thing that is fluctuating is the Dollar, not the silver. The silver is just sitting there, being heavy. The dollar is the one having a seizure.
Once you realize you are selling a failing currency (Dollars) to buy a stable asset (Silver), the price swings stop looking scary and start looking like noise.
Market Clarity
We interpret the charts so you don't have to. Get sober analysis of gold and silver price action in our weekly report.