Where to invest money during a crisis?
For a very long time in the whole world, the situation is not the best in the economic market. All over the world there are protests, murders, people do not go to work, unemployment.
These are all signs of a severe global crisis on the market, and the economic condition of the countries will suffer greatly from all this.
The last severe global crisis was in 2008, or rather, it was the very beginning of an even greater calab, which is happening right now.
Since 2008, the situation in the economic markets has only worsened, everyone thought that the economy could recover over time, the Federal Reserve Service even printed a lot of bills to pour into the markets to maintain them, but this only complicated the whole situation.
In such a situation, it is very difficult to earn money for a living because of unemployment around the world, but also at this time you still need to try to save your existing money.
To do this, people are trying to invest their money somewhere, but if they don’t, then their money will simply lose its value due to the rapid inflation of fiat money.
Some invest money in property, someone opens a long-term deposit in a bank.
As it turned out after the crisis in 2008, investing in property is not the best way to save your money, because property, after a fall in value and your purchase, does not always return to its previous quotes.
And opening a deposit in a bank and putting your money there is also not the best option, you will not receive such interest there that will at least recoup the funds that inflation will carry away.
Most likely, you will not be able to fully save your funds, absolutely nothing, this is simply impossible with the current economy in the world.
But, you can minimize losses, everything that I described above is not suitable for this, in order to minimize losses in case of difficult economic problems in the world, you need to invest and store your funds in gold.
Why gold?
Because at the moment it is the most reliable asset in the world, it was like this several thousand years ago and it still is. Gold is not subject to inflation, because it does not depend on any markets, no market affects the price of gold, it fully lives its own life.
By keeping your money in gold, you do not run the risk of losing your money due to inflation, no one can regulate the turnover of gold in the world, it is mined and cannot be artificially added to the market.
Therefore, by storing your money in gold, you do not risk your money in any way, you can sell your gold at any time at its normal value.
This is why you should keep your money in gold, especially during the world’s crises.
How to store money in gold correctly?
Yes, here you still need to properly store money in gold. There are many ways you can do this.
You can keep money in gold, keep your gold in a bank, but this is not the best option, the costs of storing gold there will be simply cosmic, and you also have to pay tax to the state.
I have for you a more convenient way to store gold, more reliable and safe — Digital Gold.
About Digital Gold.
Digital Gold — the newest way to invest money in gold, a reliable online gold storage.
Let’s talk in more detail about the project structure:
The project runs on the Ethereum blockchain, it has its own reliable smart contract and its own ERC-20 token — GOLD.
Each GOLD token is 100% backed by physical gold stored in a secure vault.
The amount of gold in the vault can be checked at any time here:
Digital Gold guarantees liquidity of GOLD tokens. You can buy or sell an unlimited amount of GOLD on website 24/7.
Buy/Sell GOLD tokens in here:
Advantages of Digital Gold:
- High Liquidity.
You can buy / sell gold 24/7. - Secure
100% backed by physical gold. - Privacy
All user data remains private - No transfer fees
No fees on transactions. - Low Cost
You will be charged a minimum cost of storing gold — 1% per year.
About GOLD token:
I think you should have already understood that GOLD token is a real gold stabilizer. This coin is fully tied to real gold.
Below is a comparison of the GOLD token with other popular stabilizers:
GOLD token cost:
The cost of the token is not too volatile, the price of the token depends only on the position of gold, the price of the GOLD token cannot fall sharply or rise sharply.
The price of the token can be found on the official marketplace of the project:
Or on two exchanges where this token is traded:
- Bitforex — https://www.bitforex.com/en/spot/gold_btc
- LiveCoin — https://www.livecoin.net/en/trading/GOLD_BTC
Compatible wallets:
- MyEtherWallet
- Metamask
- Gurda
- Leder Nano S
- Trezor
Above, I presented you a list of wallets in which you can store your gold tokens. You will not be able to store GOLD tokens in other wallets.
Сonclusion
Digital Gold is a promising cryptocurrency project that will have great popularity in the future, I’m just sure of that.
The GOLD token is a secure coin with a secure smart contract that has been verified over and over again by the verification companies.
If you want to keep money in gold, then you need to use Digital Gold, if you do not need to store gold, then you can also use this project as a diversification of the project and use the token in order to make transfers around the world without any or commissions.
Social-Media of project:
WEBSITE ⬢ ANN ⬢ TELEGRAM ⬢ STEEMIT ⬢ REDDIT ⬢ YOUTUBE ⬢ WHITE PAPER
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