Smart Investors, Meet “Digital Gold”

in #bitcoin4 years ago

Nowadays many wonder what is the best option? There are many comments that the world economy is falling, that there may be a collapse of the major world currencies such as the Dollar, the Euro, among others.

Some people have already taken preventive measures, some are investing in Real Estate, others are buying Gold, cryptocurrencies such as Bitcoin, but worldwide everything related to the pandemic has not ceased, vaccines against it have come out but it is not yet eradicated If to this we add that at the beginning of the year in 2020 this pandemic began, panic seized all markets and the markets that most resisted the onslaught of this panic have been Bitcoin and Gold.
But how could we do if in these times it is difficult to acquire gold? Bitcoin is much more accessible, because only creating an account in an Exchange can give us participation because you can buy bitcoin with Fiat money, or with a credit card, depending on the ease of the person, because now not only bitcoin and cryptocurrencies they can be bought online, also gold, but how to trust gold to be digitally? If there are many projects that have turned out to be Scam, since 2017 there have been many scam projects, many people who have been totally scammed, investors with large amounts of money.
I bring you to publicize through this article a legitimate project, called Digital Gold, which consists of obtaining digital gold using blockchain under the ERC-20 algorithm. The difference of this token with respect to any cryptocurrency is that the token is backed by physical gold in a Safe in Singapore.
So because of this, a question arises: Why don't Gold Investors buy DIGITAL GOLD tokens?
It is very simple, some investors are not very familiar with the internet, they only check their bank accounts, or the basics, there are some who do not believe in Blockchain technology yet, they are not confident enough, but how can they trust?
If we assume that bitcointalk.org is the forum that has a large number of people who believe in the technology of Bitcoin and cryptocurrencies, it represents the forum created by Satoshi Nakamoto who is the creator of Bitcoin, in this conglomerate of people there are those users who are hunters of scammers, because in 2017 the boom of ICOs, they scammed many people, that is why there is an army of users of known reputation who are dedicated to studying each project and determine, due to their relevant research, the degree of trust of the projects, This prevents many from falling into possible scams, and hence Digital Gold whose website is: https://gold.storage/en/home has a forum thread: https://bitcointalk.org/index.php? topic = 5161544, and by being here with impeccable confidence, it is well known that the project is accepted by its members and users who are dedicated to hunting those scammers, and Digital Gold has the absolute confidence of the project, this is a ma what the project has to make known to the world its legitimacy and authenticity

When we talk about "Digital Gold" it would be good for people to think or come to mind instead of Bitcoin was the "Digital Gold" project, this is a change that we must achieve, but what about the markets? Why does it have to be the North American market, Europe, Asia, and very few bet on South America? In my walk through all this of cryptocurrencies, blockchain, NFT's, I have realized that no project has had the ability to enter a country like Venezuela, why Venezuela? Easy, it is a country where their local currency has no value, people only handle Dollars, Euros, Colombian Pesos, and their salaries are in the outdated Bolívar Soberano.

If there is such an economic crisis in this country, why enter here? Well, without going too far, Venezuela handles a fairly high Bitcoin trading volume, according to localbitcoins.com:

image.png

Source: https://coin.dance/volume/localbitcoins/VES
If many trade with Bitcoin, it is because a part of the population is wealthy and has to make a lot of expenses, so much so that many are included who are business owners, merchants, players who were casinos, who now have nothing to have fun in then dedicated to trading or investing in Bitcoin, if this happens with Bitcoin, just imagining what can be done with Digital Gold would be incredible, many would be willing to buy without any doubt if they trusted the right advertising.

When people think of Gold, they think of buying at any jewelry store, regardless of what it takes to do it, in terms of security, transport and if it goes from one country to another, which implies paying high taxes for them. in addition to permits.
Effect of the Covid-19 Pandemic

We are currently living in a pandemic since 2020, which, for many has been a great loss and for other great opportunities, in the case of markets such as Forex, Stock Market at the beginning of 2020 was catastrophic, so much so that the market, this is normal due to the panic effect on people, if we look at the markets that suffered the least was Gold and Bitcoin.
Bitcoin in 2020 at the beginning of the pandemic had a strong fall, in fact many thought it would be very big, some sold their bitcoin a lot, but later bitcoin had institutional investment having new ATHs.

image.png

Source: tradingview.com

This graph shows gold and bitcoin, where gold is the orange line, it can be seen that it has a small correlation with bitcoin, it is likely that it can make movements similar to bitcoin, some investors are concentrating much more on bitcoin and gold for the best diversification of their money, nobody wants to lose the value of money in case a crash occurs in the world market.

And if now with all this new stream of Blockchain and with emotions running high thanks to the prices of Bitcoin, many are wanting to enter the market, many want to make a profit, it is normal, anyone who invests 100USD or 200USD and then In the short term, have profits above 20-30% is not bad, but not only can you trust Bitcoin, you can also trust gold and without having to go to the Jewelry, the Digital Gold project offers this enormous facility , where you can buy the amount you want at the time you want, you just have to enter the page: https://gold.storage/en/home
And look for the Exchange of your preference, make an account and buy the Digital Gold tokens, for the price is the one that is managed daily by supply and demand, you can place your purchase order and acquire it, this is the most reliable way, safer to be able to acquire gold without having to leave your home, just from the comfort of your home, in any country you are in you can do it without any commitment, trust is given in the bitcointalk.org forum that I previously talked about its thread and the reputation that the project has, also people who do not believe in Bitcoin, such as the controversial Peter Schiff can buy Gold taking advantage of the Blockchain, Bitcoin is not the only digital gold, now the “Digital Gold” tokens are the Exclusive for now if you affirm that digital gold does exist and can be purchased safely through the corresponding Exchanges.

Why buy DIGITAL GOLD tokens?
Many think that the safest way to buy gold is physically, or some have migrated from being Gold investors to Bitcoin, but we have the best of both, we have the full validity of gold with blockchain technology similar to that of Bitcoin , which is impossible to hack, impossible to have theft problems, also for those who do not know much about this technology, blockchain represents security, represents its incorruptibility, which makes it impossible for the gold to be bought from the Digital Gold tokens are stolen by third parties, what you must be careful with is with the passwords that are in the Exchange.

At this time the diversification of money is a golden rule, we cannot have the money only in Stock Market, Real Estate, taking interest offered by a bank that what they are looking for is that the value of the money is used by the entity, if our investment can diversify into gold and bitcoin is not unreasonable, it is an investment and a smart decision.
What differentiates Digital Gold tokens from Bitcoin?
It is very simple, bitcoin has its value thanks to Supply and Demand, it is not backed by gold, precious stones or any other currency, instead, Digital Gold tokens are backed in Singapore by real gold bars, which are transferred in a digital way taking advantage of blockchain technology and its constant daily audits through the ERC-20 algorithm under which its tokens are designed.

It should be noted that the Digital Gold project fully obeys the movements in real time of Gold worldwide, Digital Gold does not set its price or establish it, it is totally transparent by respecting the movements of gold, and this already means that there is no presence of taking advantage or having extra earnings.
In some crypto projects when they are listed in Exchanges, the owners of the projects or their CEO manipulate the price, they set their limit price and from there they begin to trade, in fact they take advantage of buying some Market Makers plans to obtain extra profits with the movements of investors and traders, this was seen a lot in the 2017 boom of ICO calls, where there was a lot of scam projects, for this reason “Digital Gold” offers the best service to buy tokens or small gold fractions in a way digital.
What to do if I buy Digital Gold tokens and the price of Gold drops?
If we have this scenario, which is in the probabilities, we must not panic, it is very normal for this to happen, in fact if we have gold physically it will also affect whether we want to sell, the best thing in these cases is to do as thinks the famous Warren Buffet, you have to trust the project first and second it is backed by gold, which, at any moment the price of gold will recover and you can make a profit.
If we buy Digital Gold tokens, we just have to be very confident and follow up.

If you want more information you can also find me on my Bitcointalk.org profile here: https://bitcointalk.org/index.php?action=profile;u=1153977

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