Secondly, it is also important to pay attention to the choice of silver varieties you invest in. Investment in silver is mainly divided into real silver transactions for physical delivery and silver voucher transactions for non-physical delivery. Silver voucher trading is commonly known as "paper silver", and its trading form is similar to financial instruments with virtual value such as stocks and futures. Silver speculators must be clear about the trading time, trading methods and trading details. There are many kinds of physical silver, and different kinds of silver have different investment skills. Most kinds of solid silver have to pay storage fees and inspection fees, so the cost is slightly higher. ICBC's physical silver is the most special kind, and its transactions are conducted on silver accounts. If real silver is not provided, individual investors can fry real silver as easily as paper silver.
Finally, and most importantly, investment and financial management should be closely combined with their own financial situation and financial management style. In other words, it is necessary to make clear whether the purpose of personal speculation in silver is to earn the price difference in the short term or as a low-risk part of personal comprehensive financial management, with the intention of hedging risks and maintaining and increasing value in the long term.