GOLD TOKEN - Why having gold in your portfolio is a must

in #gold4 years ago (edited)

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Gold can be viewed in two different ways; as an investment or as a safe haven. Some number of investors put a larger percentage of their investment in gold and end up preaching gold as a bad investment because it failed to yield that high return they expect as in the case of socks, real estate and other forms of investment assets. But gold isn't even the best form of investment to start with, since gold investment is almost risk free and said to only yields little return. This so called little return tends to do pretty well overtime, like $35 in 1971, $242.65 in 2000,
$869.75 in 2008, and then $1,846 today, sounds like a pretty good return to me. The funny thing about gold is that it tends to thrive well In catastrophic situations serving as a safe haven for your portfolio.
A precious medal that protects your money and still brings a pretty good return at the same time? what more could you ask for!
Critics argue that the return of gold is often usually slow compared to stocks and other financial investments, but unlike gold, all these other investments carry a real risk of a permanent loss of value. Let’s say you placed $1,000 of your money in the bank, or used it to buy shares. In this scenario, the value of your holding is the amount you get back when you come to withdraw your investment. Your stake has become the liability of the bank or company whose shares you hold. You are their creditor. If that organisation turns around and says: ‘I am very sorry, we cannot pay our creditors’, then the value of that $1,000 is destroyed.
Gold has been proven to to withstand major economic crashes. Take for example, the great depression of 1929 where the stock market fell as far as 90% which took about 25 years to recover and amidst this great crash, the price of gold went from $20.67 an ounce in 1929 to $35 an ounce in 1934. Or The Stock market fall of 2000, where over 3 trillion dollars wealth was lost. In cases like this, you would count yourself amongst the lucky ones for having gold in your portfolio. For this reason gold will protect your portfolio and save you from loosing all your money. Thus, while building your portfolio, it is wise to have atleast 10% of your investment in Gold.
I'm sure you still wondering whether you should invest or money in gold or not. Be sure to read this article to the very end as it will help you make up your mind.

Before I continue, let me give you some Interesting facts about gold that makes it so special.

WHAT IS IT ABOUT GOLD THAT MAKES IT SO VALUABLE

There are over several elements in the periodic table and out of them Gold stands exceptional.
-Not only is it used to make expensive products but also used to add extra spice to luxurious items such as electronics (computers, smarts phones, cars, expensive jewelries) Even in architecture, medicine and dentistry.

  • The molecular make up of Gold can be easily manipulated and also really pretty and shiny, as it's chemical symbol is Au is coined from that latin word Aurum meaning "Shining Dawn" hence, gold can be used in lots of aesthetics such as buildings, paintings, sculptures and more

  • 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.
    Bottom lines, Gold can not be produced

  • Gold is one of the least reactive metal on the earth hence doesn't corrode or rust thus a perfect mineral for coins unlike elements like cooper rusts in a matter of time. Thus, gold is regarded as durable.

  • Gold is can also be used as money.
    Gold was initially used as currency in the Medival age; 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 since the neglect of the gold standard.

We've recently been experiencing a rise in the price of gold, why is gold rising?
The recent pandemic caused sock and other financial investment to experience a fall in one way or the other due to the lock down in certain part of the economy. Since gold has a negative correlation with stock, hence an increase in price. For this reason most investors tends to buy gold at times like this to secure their portfolio

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WHY YOU SHOULD HAVE GOLD IN YOUR PORTFOLIO

  • Portfolio Diversification
    The concept of portfolio diversification is all about having assets that's are not related. Gold is an excellent asset portfolio diversification since its said to have negative correlation with stock and other financial investment. This means when sock and other financial investment crash, gold will continue to thrive.

  • Protection against inflation and Deflation
    Gold is seen as a good storage of value, therefore, people tend to buy gold when they believe that's the value of their currency is decreasing.
    When Fiat currency looses it purchasing power to inflation, the price of good tend to increase.
    Also during deflation such as that of The Great Depression of 1929, the price of gold tends to incrases while that of their investment crumbles. This is because during periods like this, people run to good investment for protection leading to a high demand of gold in relatively small market therefore, resulting to an increase in price.

  • Storage of value: Through out history, Gold has never experienced a 25% crash in market value unlike other financial investment that recorded drastic crash as low as 70%.
    Considering the amazing properties of gold as well as it's rareness, gold tends to preserve it's value. Gold can not be produced therefore, there is limited about of it in circulation with high demand as well as value.

WAYS TO INVEST IN GOLD
There are several ways you could buy gold

  1. Buying physical gold: This can be in form of bars, bullions or even jewelries. But it requires extra costs knows as a Premium which makes it more expensive such as cost of acquiring metal, manufacturing, distribution, storage, insurances cost. etc.

  2. Buying Gold backed up by Exchange Traded Fund (ETF). Exchange-traded funds act like individual stocks, and they trade on an exchange in the same manner.Unlike physical gold, which come with high initial buying and selling charges, gold ETF costs much lower. risk of theft when investing in Gold ETFs is very little as compared to physical gold. But they are exposed to usual risk of stok market such as usual volatility, company bankruptcy and the likes

  3. Buying a Digital Gold coin : This allows investors to buy gold online which is stored safely in a voult where investor is a able to claime access it at any point in time. The idea is to buy gold digitally or through a certain platform that can be accessed through a computer or even a mobile device
    Digital Investment Gold is the most convenient way to benefit from outright physical gold ownership

Therefore, providing you the easiest and most trust worthy way to invest in Gold is the DIGITAL GOLD PLATFORM through the GOLD TOKEN, which is based on an 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

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GOLD token is a an excellent opportunity for investors looking for a simple way to purchase gold bullion bars and stable digital assets. You can get GOLD integrated in just a couple of minutes as there is no unnecessary complexity or manual approvals.

Why you should by Digital Gold Coin

  • LOW PURCHASING PRICE
    The gold coin platform allows you to buy gold even as low as 0.5 grams. This creates a room for people who do not have a large amount of capital to be exposed to gold at anytime.
  • 24/7 TRANSACTION TIME
    The platform allows you to buy gold at anytime you please just via your ETH or BTC atvuoir convince.
    By investing in digital gold, you are free to determine the timing according to your analysis based on gold price movements.
    You can do digital gold purchases more often than physical gold because of the ease of access. .
  • NO STORAGE COST
    Unlike physical gold that requires cost or storage facility for the physical gold bar or bullion, the Digital Gold platform will keep your gold safe without any transaction cost and risk free
  • EASY GOLD PURCHASE
    The Digital Gold platform allows individuals to reality own a physical gold without any stress. The forum provides a trust worthy supplier and takes of all paper works, allowing clients to purchase several grams of gold without stress. digital gold is poised towards eliminating the hassle and bustle of purchasing, processing paperwork’s and securing gold with its gold token customers can actually purchase coverage in physical gold. Purchased Gold are safely stored in company's vault and also insurance coverd

  • ANNOYNYMITY
    Buying physical gold requires giving out personal information and compliance with local regulations that vary widely from country to country.
    The Digital Gold Platform providees anonymous trading to clients, allowing them to buy as much gold with their profile kept secrete for security reasons.

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
It would be a wise decision to have at least 10% of your investment in Gold, because we can ever can tell when economic crash may arise. Why not visit https://gold.storage/market to buy GOLD token now!

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

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