Back in maybe 2019, when I was delivering pizzas for Dominos, one of our customers actually tipped me with a Troy Ounce Silver coin. Back then, when I got it, a Troy Oz was going for a little over $20, maybe around $21. So, all in all, a pretty nice tip!
Well, I still have that coin today, and after coming across a YouTube short saying that a regular oz of silver is almost $85 right now, I looked up how much a Troy Oz is right now. To my surprise, it's hovering at around $75 at time of writing, with it actually breaking $80 just a couple weeks ago, and it actually breaking $110 back in January, topping out at $116 apparently. Which is honestly mind blowing, because when I checked it around this time last year, it was a bit over $30.
I knew holding onto it would be smart, but now I'm curious if now is the best time to part ways with it, or if I should continue to holding onto it. I'm not in dire need of money right now (in fact, I'm doing quite well), but I have been needing a RAM upgrade for my computer, and due to the chaos surrounding that, I haven't had the disposable income to get the upgrade I want.
But, now that RAM prices are finally coming down, and I now essentially have an $80 coin in my hands that could potentially be even more valuable by the end of the year, I can't help but feel that this would be the perfect time to "trade" in the coin for something I've been looking into for awhile now.
So, I'm here asking for some opinions. Should I keep holding onto the coin for when it could be even more valuable, or should I sell it while the price of Silver is where it is?
Thanks in advance!