Pedja Markovic asks "Thoughts on DigixDAO and the upcoming DGX token (backed by gold)?"
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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good info
These are both very interesting tokens. However, I don’t want to be over invested since I’m already physical gold owner. Whoever thinks investing in gold is a great idea and wants to use this DGX token I think it’s a great idea.
Digix DAO backed by gold? Trade in gold? What a time to be alive, definitely a go
They are interesting propositions but why buy crypto backed by gold when you can just buy gold?
Hmmm, what if you want to travel and take your gold while backpacking through Somalia?
Good luck using a computer or a phone there to access your DGX anyways lol
DigixdDAO is one of the coin that performed wonderfully well in the market is about $242.56 in exchange and it market capital value $485,112,000 USD, is the coin that I can beat my chest on due to reliability. I pray new DGX will also perform well.
How much gold per token?
I investigated about DGX and if it work as it says, the price should be higher than the amount of gold backing it.
Hmmm, true in a certain sense, it's both goods and service.
It's a good way to invest in gold for the cryptocurrencies fans. The important thing is to verify that the gold that backs it exists and so avoid controversies as with USDT
Lol, so many Nigerians here, we should be able to create a Nigerian Prince Token (NPT) soon.
Let me know when the ICO begins hahaha
Listened to this video previously and you made some great points. Personally I like it but I am not sure if I would be taking a position on it just yet
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.
I’m really interested in one of those two tokens. I think DGX is a great alternative to gold.
Why don't you like DigixDAO?
It's good to have an alternative when DGX is down, but not sure I would hold this coin long term.. Thank you for this video!