first off...should i do this yes or no

what im planning on doing:

there is a circle in the middle of my wheels that pops out...im just gonna call it a hub ring...

it is the same color as the wheels, i think it is metal, they are easy to pop in and out

it has a red unfilled chevy bowtie...im thinking about either striping that off of them, leaving them blank...or tapeing it out and making it black with black filling..

i would use painters tape and make it look good ect..

my main question is, will the duplicolor vinyl black paint i have work for that? as in...not chip, and stay on