DIGITAL GOLD

dammy1988 (30)in #gold • 5 years ago (edited)

Gold is the most precious natural resources which I admire most and I believe it is the same with my fellow colleagues. Gold is very attractive and also expensive. The gold on its own is an asset and many do throw their investment on it. Any material that is made up of pure gold is always stronger, it does not lose its shine ability, it makes such material to last longer and fragile to wear. There is one thing which gold are known for; gold is rare. This rarity features make gold to be expensive. From the report I have gotten from those people that manufacture it, I heard that it is easier to manufacture a steel for a day than to manufacture gold for the entire life. This is why gold is very unique when compared with other physical metals.

There are so many risks of buying physical gold from stores or from brokers. It is very unfortunate that many can't differentiate a real gold and a fake gold. So when you buy gold through Digital Gold platform using their stable gold coin, you won't fall into this type of trap. For the sake of further knowledge, let me quickly tells you how to detect a fake and the real gold.

Gold doesn't smell
Gold has a lighter weight
Gold is a non conductor
It makes a ringing sound when it touches metal
Gold are neat and has a uniform line

But why do you want to undergo all these stress whereas you can partner with Digital Gold business. You can directly invested in Gold token which are backed by physical gold. This will make us to easily access the gold market to buy, sell and transfer in a fast way.

Gold token, the native and currency of Digital Gold platform was built on Ethereum chain and it is compatible with the most popular cryptocurrency wallets that support Ethereum ERC-20 standard tokens. So therefore, you can buy Gold token and store it in any ethereum compatible wallet; but it is advisable to make use of the wallet recommended on the platform website.

ADVANTAGES OF GOLD STABLECOIN

The volatility of cryptocurrency is one of the reasons why many people are still scared of coming into the system. So as an investor in the crypto space, you must stay alert with the crypto market in order to play safe. By doing this, you will know when bearish market is coming or when bullish market is coming. However, it is very difficult to keep pace with the market movement always, because you can't always stay on the system monitoring market nor constantly following market.
The answer to the volatility of cryptocurrency is stablecoin. This type of coin or token usually have a constant value and it does not get affected by the market volatility. This is exactly how Gold token is all about. The Gold token will have a value that is the same as that of the value of gold and will increase as the gold increases. The Gold token is a stablecoin that pegged with the value of physical gold.
The Gold token was designed to be equivalent to a unit karat of physical gold i.e
1 Gold token = 1 gram of 99% of pure pure gold

REASONS WHY YOU MUST INVEST ON GOLD

Gold is the only asset that grows in price always, it never depreciate. The price of gold normally grows during time of crisis where the demand will be higher than the available gold and these will make the price grows up; even though if the crisis ended, there will be lack of money for people to buy gold. Again, government do drop interest rate of gold market; this will make many people to go into it and the demand will go higher. As demand go higher, the price will also go higher. So gold market always increase in value, it can't depreciate beyond your capital assets, and that is a major reason why is good for everybody to invest on gold.

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