Digital Gold is a Cryptocurrency Investment without Panic
Investment in this current world is a source of livelihood because people engage in one venture or the other in other to make a living or to accumulated wealth,
but when considering cryptocurrency investment it's an investment in any coin other than bitcoin in other to breakeven or make a profit within a specific period.
In Nutshell investment simply means sacrificing present earning either direct or indirect in other to earn future income. Which shows that the major aim of an investor is to make a profit, but in the time past investor has been facing a different kind of threat in earning income in whatever crypto investment they ventured into, due to falling in price, exchange hacked, reduction in demand and inability to pegged it against a running or worthy asset. here is the solution to the aforementioned threat Digital Gold
DIGITAL GOLD
Digital gold is an investment in gold which used Ethereum based blockchain technology, which is backed up by physical gold in such a way that an investor purchased gold with a gold token. In other words, Digital gold is like an Indirect /Direct investment that runs in the same way as ETF in which an investor invests in Gold via gold token provided by the Digital gold project. But the major difference between ETF and Digital gold is that the latter is run by the third-party. Digital gold gives an investor direct access to buy gold with their tokenized gold and investors do not face the risk faced when considering other crypto investment.
In most crypto investment, volatility cannot be separated from it; since it value is been influenced by the force of demand and supply and it can never be predicted by any investor, so when whenever an investor invests in a crypto-related investment they are always on their toes and at alert, so come what anything their loss will be minimal if it can’t be avoided totally.
However, the digital gold investment provides investors with great security as to the value of his investment to the peak with the aid of blockchain technology which is inaccessible by any unauthorized party, this gives an investor assurance and rest of mind that his investment value worth is intact.
The basic duty of an investor to ensure the safety-net of his investment and to eliminate panic act in digital gold investment, is to keep all his/her information as regards their account of the gold token from third parties i.e their private key.
The interesting part of the digital gold token investment is that it can be taken as a stable coin, due to the fact is pegged with gold and this gives an investor peace of mind since the relevance of gold cannot be quantify year in and year out.
The purchase of gold token is done without stress via Ethereum based smart contract, as we have known that ethereum is one of the most recognized blockchain platforms with a high-level trust.
The benefit of Digital Gold
- Digital gold is free from inflation
- With digital gold there is no element of supply constraint
- Digital gold also serves as portfolio diversification
Conclusion
On a final note, digital gold is an investment in which an investor does not need to border as to the safety net of his investment, due to sophisticated means provided by digital gold and all gold token is backed by physical gold, and its insured 100% with a reputable insurance company. so the investor has no cause to panic.
For more information visit:
Website : https://gold.storage
Whitepaper : https://gold.storage/wp.pdf
Telegram : https://t.me/digitalgoldcoin
MY BTT Username: Kehindem
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2837181;sa=summary
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