The world at the moment is experiencing a major global crises. The COVID-19 outbreak not only has an effect on humans lives, global economy, and stocks; it also has a note worthy effect on the cryoto market.
The most recent fall of Bitcoin was as seen as result of the outbreak of coronavirus. During this period bitcoin experienced a major decline in one day where the price fell from $7600 to $5300 in a day. And further moves down to $4,000 in a moment along with the United States Stock market. This price fluctuation in price is the major reason investors do not see cryptocurrencies as a safe haven anymore. Why not protect the value of your asset by investing in Gold; which is seen to be stable.
Gold is often viewed as a safe haven that will protect you from inflation, market crashes, anarchy and even total failure of fiat currencies.
In times of economic decline and crises such as this coronal outbreak periods, one of the best way to store your money and its worth is to invest in Gold. Thus protecting asset againt chaos. Gld has been proven as a store of value and long-term inflation hedge over thousands of years. US Dollar, on another hand, does not have such a track record.
Gold, an extremely rare mineral is believed to originate from meteorites that hits the earth over two million years after formation of the earth. It is believed by some scientist that Gold was formed by a supernova; resulting fusion of elements in the stars leading to it's explosion thus releasing a huge number of gold resides which also fused together as meteorites to reach the surface of the earth.
Gold was initially used as currency in the Medival age right from the egyptian era; a Which is a system of values based on weight of gold. Even in Modern age where paper currency was introduced it's value was still based on the backing of Gold. Although not anymore.
STABILITY OF GOLD IN AN UNSTABLE MARKET
Gold is often sighted as having negative correlation with stocks and a positive correlation with inflation, thus serving as
execlent diversifying asset to hold in portfolios. it is important to note that if there's a only an small stock if a commodity compared to flow, its value will flunctuate enormously but this is unlike gold.
Gold majorly hold it's stable value over a long period of time because of it very high stalk to flow ratio. The stock if Gold is far greater than the amount of new gold arriving in the market each year, making the value of Gold very stable. Thus, If the mines of gold completely creases for a couple of years, it would almost have no effect on the value of gold.
Therefore, providing you the easiest and most trust worthy way to invest in Gold is the DIGITAL GOLD PLATFORM
THE DIGITAL GOLD PLATFORM
The major aim of the Digital Gold project is to is to tokenize and digitize physical gold asset exploring the amazing features of the blockchain technology. Thus, allowing people to easily purchase physical gold with the digital Gold token.
The Digital Gold platform give clients the opportunity to diversify their portfolios in a safe state since cryptocurrency price is volatile in the market.
- THE DIGITAL GOLD TOKEN is based on Ethereum network and is compatible with the most popular cryptocurrency wallets that support Ethereum ERC20 standard tokens and also backed up by the stable features of physical Gold.
1 Gold Coin is equivalent 1 gram of 99.9% pure Gold
The Digital Gold coin offers an even more comprehensive solution. This token not only provides all the advantages of stablecoins, but also earns you an additional profit, since it constantly grows in value relative to all fiat-pegged stablecoins. This happens since the GOLD token is pegged to gold, and the price of gold relative to fiat currencies continuously increases.
MARKET PLACE FOR DIGITAL GOLD COIN
The Digital Gold Platform creates this marketplace for an easy, effective and efficient purchase of Gold with the Digital Gold token
Here is the link to the Digital Gold marketplace: https://gold.storage/market
CONCLUSION
In times of crisis where all value of most commodities fall, gold always have your back. Why not invest without stress now with the help of the Digital Gold platform
Exchange: https://cryptex.net/trade/GOLDUSD
Website: https://gold.storage/
Facebook: https://facebook.com/golderc20
Twitter: https://twitter.com/gold_erc20/
Telegram: https://t.me/digitalgoldcoin
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20/
Whitepapper: https://gold.storage/wp.pdf
ANN: https://bitcointalk.org/index.php?topic=5161544.0
Bounty: https://bitcointalk.org/index.php?topic=5164058.0
MY PROFILE
BITCOINTALK UNSERNAME: LEON331300
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=2215507;sa=summary
Eth Address:0x601D68c1800384C799E8Ac55f4F57Acf93C3fAAF
Wow.. Nice
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