First-timer here - just bought my first gold coins for the IRA. Any tips for a newbie?

• •Okay, so I finally pulled the trigger.
• •The volatility with tech stocks lately, plus all the talk about inflation and instability, just had me too on edge.
• •Went with physical gold coins.

Okay, so I finally pulled the trigger. After selling my stake in the tech company last year – enough to put about half of it, roughly $2 million, into a diversified portfolio – I've been super focused on protecting that capital. The volatility with tech stocks lately, plus all the talk about inflation and instability, just had me too on edge. So, after a lot of research and talking to my financial advisor (who, bless her heart, was a little skeptical at first but came around), I just completed my first gold IRA purchase. Went with physical gold coins. Feeling a mix of excited and, honestly, a little nervous now that it's done.

My main concern right now is storage and understanding all the ins and outs of reporting this correctly. I know my custodian handles a lot, but I'm the kind of person who likes to be in the know, especially when it comes to a significant chunk of my wealth. Are there any common pitfalls a first-time gold IRA investor like me (based here in Dublin, OH) should watch out for? Anything you wish you’d known when you first started?

Also, how often do you guys check in on your holdings, or even think about rebalancing within the gold IRA itself? It's not like my regular stock portfolio where I'm checking daily, but how hands-on should I be? I used the Gold IRA Quiz early on to get a handle on things, which was genuinely helpful for understanding the basics, but now that the metal is actually purchased, I'm looking for more practical, real-world advice from people who've been doing this for a while.

Any and all insights, especially regarding managing expectations or spotting red flags with custodians, would be greatly appreciated. Thanks in advance!