THE GOLD STABLE COIN - A solution to the volatility of your crypto assets in an unstable market.

in #gold4 years ago (edited)

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One of the major challenges faced in the crypto world is Price Instability. Digital currencies suffer from extreme volatility, that is an unpredictable rise and fall in price. This is one of the major setbacks investors have in the purchase of digital currencies. The recent dramatic decline of stock which was linked to the outbreak of the COVID-19 pandemic, and also accompanied by the fall in price of bitcoin has caused investors to panic as their portfolio balances begins to drop. Amidst all these declines gold investment remains stable and holding up extremely well. Therefore rising up the question, Could gold be the safe haven we've all been searching for? Well, read this article till the very end to find out.

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THE 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 is only a small amount of stock of 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 stock to flow ratio. The stock of 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.

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GOLD IS THE EMBODIMENT OF WEALTH!

There are over several elements in the periodic table and 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)
What is it about gold that makes it so precious.

Everytime there is a decline in the trade maket, there is always someone saying "Told you Gold was a better investment"

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.

--> WHAT IS IT ABOUT GOLD THAT MAKES IT SO VALUABLE

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; 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.

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.

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 can also be used in electronics such as the computer, phones etc. The board of the central processing Unit of a computer is believed to contain a little amount gold aiding electromagnetic conductance.

---> WHY YOU SHOULD INVEST IN GOLD

  • Gold is a true money :
    There are lot of fiat currencies out there that act like they are not exactly true money bacausd they can't store value for a long period of time. Fiat currencies have an average lifespan of 27 years, while gold has been used for over thousands of years.

  • Gold is extremely rare: Gold is believed to originate from explosion of stars; Supernova. It can also not be produced, thus limiting the amount of gold in circulation. This hence amounts to it's valueability, increased demand and therefore, increase in price.

  • Gold is safe haven: 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. Thus, gold 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.

  • Private investment:
    With gold transaction, your investment are private and anonymous. You can easily buy as much gold as you want (below 10000usd) without transaction being raced back to you.

Therefore, providing you the easiest and most trust worthy way to invest in Gold is the DIGITAL GOLD PLATFORM

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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. This will promote trust and limit the rate of fear and risk of clients loosing their investment.
It is also important to note that purchasing of physical gold with Gold token attract no transfer fees. Unlimited transactions are made without any form of restriction.

--> WHY YOU SHOULD USE THE DIGITAL GOLD COIN
Digital Gold was designed based on Etherium Blockchain and the backing of physical gold and furnished with a tremendous degree of liquidity, to making it a liquid token that can be used to protect every crypto resource.
Below are the reasons why you should use Digital Gold coin;

ASSET SECURITY
One of the major challenges of most crypto based investment arises from price instability but gold in it's natural form enjoys a stable price which is leveraged by the Digital stable coin to secure the value of asset of clients againt market fluctuations or regulations, and against inflation.
The security of ownership is further intensified with the use of blockchain security features that makes the system impervious to any form of cyber attacks.

NO TRANSACTION FEE
The Digital gold token leverages the ERC-20 support to ensure an easy sending of tokens to anywhere, any day and anytime with no transfer cost, the low-cost token also eliminate the need for limited payments Although users are only expected to pay a very minimal gas price charged by Ethereum on transfers.

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
The Digital Gold Platform providers 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

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CONCLUSION
Having Digital Gold token in your wallet is like having an actual gold with a stable value. So why not just do yourself a favour and purchase your Gold stable coin 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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