KARATCOIN

borneo82 (26)in #blockchain • 6 years ago

Introduction

Investment is one of the tools often chosen to organize the future. Of the many choices, investing in gold jewelry and gold bars is a favorite of the community. The reasons also vary. However, certainly gold has a lower risk of loss compared to other types of investment.

There is a reason why people choose gold as a deposit, namely:

Easy to get and easy to cash. Gold can be obtained at a gold shop or the nearest banking institution. In addition, the location of the sale is also easy to find. Both in the village or city.
The price of gold tends to rise. The reason is because the inflation rate in Indonesia is very high. Do not close the possibility of the price of gold in the next few years at the rate of Rp. 900 thousand per gram.
Gold can be used as collateral. Instead of selling it, you can choose to use gold as collateral in applying for a loan. Money can be obtained, gold remains in the hand.

However, there are things that often confuse the public when choosing a gold investment. The confusion is, making a choice between storing gold in the form of jewelry or bars. However, you don't need to worry when choosing between the two options. Each has advantages and disadvantages.

The Advantages and Disadvantages of Gold Investment in the Form of Jewelry

When choosing gold in the form of jewelry, the advantages that can be obtained include:

It is also used to enhance your appearance
Aside from being a deposit, jewelry can also be used to enhance appearance. Can be used at parties or various other events.
There are various choices on the market
Jewelry can be found on the market in various forms. Ranging from rings, necklaces, to earrings.
Meanwhile, you also have to consider the shortcomings when storing gold in the form of jewelry.
The disadvantages include:
Low selling value
Jewelry tends to have a lower selling value. Moreover, the value of jewelry is influenced by the cost of manufacturing that is not cheap.
Need special care
Jewelry also needs careful care. If not, jewelry can be damaged or look dull. And, this also has a direct impact on the selling value of jewelry.

Strengths and Weaknesses of Gold Bar Investments

Many argue that gold bars are more suitable to be used as future deposits than jewelry. Even so, gold bars also have a minus plus. The following is the advantage of storing gold bars:

Selling prices tend to be higher
Compared to jewelry, gold bars do have a higher selling value. The reason, because gold bars do not require design costs as found in jewelry.

Meanwhile, there are also some disadvantages that you should pay attention to when choosing to save gold bars.

Requires a special storage area
Gold bars often require special storage facilities. Moreover, if you have large amounts of gold.

But there is more important than all that I have explained above, that is, you have to know if there are currently companies that are building gold markets, and those companies are already using blockchain technology, which is specifically connected with operational gold mines that will get funding to help increase their gold production.

With its vision, the company has created a new human-powered economy that focuses on decentralized financial services that ensure stable and aggressive investments related to market fluctuations, and which also encourage financial guarantees needed for future projects.

And the company has authorized gold certificates on Ethereal blockchain. So you can use it as a place to store gold certificates in your ordinary Ethereum wallet.

The founders talked about how they want to do more than digitize gold certificates: they want to create a new economy complete with decentralized financial services, decentralized applications, and more. All of these services will use their facilities as tokens.

Surely you are curious not ? " Ok the name of the company is KARATCOIN.

With Karatcoin it will create a gold market, which is one of the most stable currencies in the world which is the main problem of many crypto currencies because of high volatility or unstable prices. Karatcoin is supported by gold and can be traded to many currencies at Crypto Industries. Visit: https://karatcoin.co/#tokenSale to participate in the ICO,
of course with Karatcoin there will be many benefits that you will get from previous investments.