Gold Still The Best Way For Your Investment

Gold Still The Best Way For Your Investment
Whether you're interested in a long-term investment or simply need something concrete you could sell fast in case of another financial catastrophe, investing in gold is believed by many to be a recognized way of wealth value protection.

For several decades, gold was mostly thought to be the default option safe-haven investment of choice in times of increasing inflation. You will find far more dissenting voices nowadays regarding whether gold has relevancy within an investment that delivers a hedge against inflation, however, there are still surely lots of individuals who believe the Gold still controls a position of the value. What the value of gold that you need to know. Below, I will serve the information related to Gold so you can take advantage.

The Gold Considered As Hedging Against Inflation

Nobody wants to spend too much time on anything naturally, and when there's the possibility of purchasing an asset at a higher cost than it may be worthwhile, if it then underperforms, then it is possible to easily end up nursing some reductions against the initial amount you paid off.

Gold has managed to maintain its value over the long run in contrast with other commodities, and in reason, the comparative price of gold has managed to stay fairly steady over the past 50 decades or so.

This overall absence of volatility in the cost will help convince investors who when they purchase gold, they will most likely be purchasing an advantage which will hold its worth and so could offer a fantastic hedge against inflation.

Gold Price Forecast In 2030

According to Australia and New Zealand Banking Group Ltd. Gold prices may more than twofold to as much as $3,000 an ounce by the year 2030 on the back of strong demand from Asia and global central banks.

For Another five to ten Decades, the Basics of substantial economic Expansion and a Limited Fiscal system will continue to Give Aid for gold, Emerging market central banks Will Have to maintain a larger inventory of gold in their vaults, to shore up confidence in the recently floating market rates. This fact brings us the conclusion that gold is more promising for investment indeed.

How To Buy Gold?

There are ways of owning the gold by physical, paper and (or) Digital.

1. Physical Gold

This is a traditional way to purchase Gold. You go to the gold store and buy your Gold and store it on your private safety box at home or using a safe deposit box on the Bank.

2. Paper or ETF

Another method of owning paper gold is via gold Exchange-Traded Funds (Gold ETF). Such investments (selling and buying ) occur on a stock exchange (NSE or BSE) with gold as the underlying asset. What is more, the large first buying as well as selling charges that enter owning jewelry, gold or bars gives an additional advantage to the gold ETF. The transparency in pricing is just another benefit. The price at which it is purchased is probably the most proximate to the actual gold rate and therefore the benchmark is the physical gold price.

3. Digital Gold

It's a new way to but Gold by Digital Gold. You can now purchase Gold using Digital Gold Token, It is run on the Ethereum Blockchain platform as an ERC20 token. Digital Gold is a cryptocurrency backed by physical gold stored in the security vault of bullionstar based in Singapore for backed the Digital Gold online investment. Note this, that the price indicated for 1 GOLD token, which is equivalent to 1 gram of physical gold. Purchase and redemption price includes currency conversion fee and may fluctuate depending on market conditions. You can check the live Audit report following this link.


Digital Gold


Digital Gold has some features as below:
  1. SAFE HEAVEN
  2. LOW COSTS AND NO TRANSFER FEES
  3. SECURE
  4. HIGH LIQUIDITY
  5. PRIVACY-CONSCIOUS
  6. LIFE EXPECTANCY
Those features you cant find in the traditional market even on ETF exchanges. Digital Gold offers security, convenience, speed, and transparency.

These are the steps on how you can Buy Gold using Digital Gold Token. First, you need to have BTC or Ethereum, You can but BTC and Ethereum in various cryptocurrency exchanges. If you already have one, you're ready to go to the marketplace page here

This page shows you the Gold price rate in BTC and Ethereum.

Marketplace
Scroll down a bit and you will see the green box on the page as below.
Exchange
The next step put the number of BTC or Ethereum that you will use to purchase into the Gold Token and it's automatically calculated how much Gold Token you will get based on the Gold price at that time. Then click the “Exchange” button. You will go to this page as below:

Exchange View



No 1: Put your BTC address (In this case I will use BTC as a payment method) that you send for the payment from.
No 2: Your Ethereum Address that you will store you Gold Token then. Gold Token support for these wallets (MyEtherWallet, MetaMask, Guarda, Ledger Nano S*, Trezor) choose one of them.

No 3: Put your email address (Optional)

No 4: Clik on the button so you accept for terms and conditions

No 5: Click ”Submit Exchange” Button


*Note: For Ledger Nano S it’s a hardware wallet so you need to buy it. I suggest you create an online wallet, in case it’s the easiest one. Choose the three of those wallets except Ledger Nano S.


After these steps are done, you will go to the payment page as below:

Exchange Order

Finish the payment by sending the BTC as much as you transact to the BTC address above and you will receive Gold Token into your Ethereum address safely.


Now you can buy and sell the Gold Token instantly into BTC or Ethereum without any worry for 24/7. By the way, you can also exchange for Gold Token on Cryptex Exchange


Project links:

Website | Whitepaper | Twitter

Author: Bitcointalk account: roberdecryptos
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