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RE: [dtube] My Thoughts on DigixDAO and DGX Token
Well, if you want to store value, just throw your money at it :D I think that it might be even better than USDT and all of those? At least this one has a verified backup.
There is definitely that....the backing I mean. Backed by gold or equivalent thereof is a bigdeal. The problem is that almost all of my savings are tied in the market and I do not want to terminate my positions before maturity. I have had my eye on DGX and DAO for sometime and would definitely be looking forward to add this to my portfolio but not anytime soon.
Oh! Makes sense. But sometimes, one of the markets falls and you have to short it, so you could just short into DGX and keep it there while you buy something else. DGX should not move in value anyway since it's backed by gold.
But I get your point. I have some ESP since a long time ago and even though it falls a bit sometimes, I think that it'll rise in the end. So I won't sell and I won't try to lower the sails and anchor my boat in GDX if I think that favourable winds are coming soon.