I don't know about you, but it sure it feeling chilly in the air... And it not the temperature outside, it's the price of Bitcoin and the rest of the crypto markets. I will be talking a little bit more about the Bitcoin Blues (as I like to call them), but first let's kick off with a positive note. I could think of no better way than doing so with my pick for Day 7 of the Silver Gold Stackers Twelve Days of Christmas!
Ever since I was a child I have been a fan of Peanuts and Charlie Brown. He is, of course, the loveable loser that everyone understands at times in their life. Sixty year ago Charles M. Shultz and his team created a Christmas special that has endured the test of time with "A Charlie Brown Christmas". It was produced on a minimal budget and with no frills animation but the result was a timeless classic.
To celebrate the anniversary, the Peanuts company has authorized the production of a 0.5 gram .9999 pure gold bar to commemorate the event. Sadly Shultz is no longer with us, but his cast of characters still are, and this gold bar is a nicely done one half gram piece of art. Have a look, it's really pretty!
Images from APMEX.com
Proudly displayed is Charlie Brown with his sad little Christmas tree straight form the show. It comes in a collectable case for protection, and being Peanuts item will likely appreciate in value pretty quickly over the years. Needless to say that's why it's on my Christmas wish list at Day 7! Right now they are priced at $105.54 at APMEX.com, and I want one for sure. They are priced pretty reasonably which is nice!
What I like about these small gold bars is they are so much more affordable right now, and also they can be sold much more easily if you choose to ever do so. Not everyone has $4K in cash laying around to buy an ounce of gold but many people would have more than $100 available. That's just the way I see things!
The Bitcoin Blues
Just a few weeks ago I really thought BTC would be testing $150K, but the market seems to have different ideas at the moment. It sure doesn't bring a smile to my face to see it getting close to $85K, as it drags down the rest of crypto with it. The one bright side is that so many companies have BTC in their portfolios it will likely minimize they decline and volatility as we've seen in past cycles. That may turn out to be a bullish factor in the not to distant future, just not today sadly!
From coingecko.com
Hive is down to $0.108 right now and seems to be holding above a dime, so that's great new for all of us for now. But HBD has been dropping and required increased stabilization which may be more pressure on Hive prices in the near future. Time will tell, fortunately the fork doesn't seem to have crashed the ecosystem as many had worried. All we can do is keep our fingers crossed on Hive prices!
Let's hope that come tomorrow these Bitcoin Blues will be a bad memory!
That will do it for today, and I hope the Bitcoin Blues don't have you down to badly. But at least the Charlie Brown gold bar is a good reason to smile, and even to invest in if you can afford one right now. Please feel free to leave any comments or questions below and thank you for all of your support, it's greatly appreciated. Have a great day everyone!
References:
https://www.apmex.com/product/313936/1-2-gram-gold-bar-peanuts-60-years-of-charlie-brown-christmas
https://www.coingecko.com/en/coins/bitcoin
https://www.coingecko.com/en/coins/hive
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
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