Hello guys! Let's speak about situation on the market and also let's ponder little bit about main questions of crypto investing, especially about hedging. All of you guys know the golden rule of every investor: "Dont put all your eggs in one basket", it is a very correct rule that was forming by the thousands investors, their experience and a lot of spended time. Lets speak about how that rule can be useful for cryptocurrency market. As you all know, crypto is a very volatile asset, that can make you rich or totally bankrupt and hedging is the best way to control the situation, especially if you like make passive investitions on long period and not to worry about them. I mean a lot of people like to hold crypto for long time and considering crypto investments like very long and profitable project or hedging instrument. Some of them planning to make some profit only in 5-10 years for example, but some of them are just triyng to protect and save their profits that they already done from another resources. The best way to do that always were gold investitions or in real estate, but nowadays in the century of digitalization, investors became younger and modern, they want to have a deal with digital assets and cryptocurrencies.
DIGITAL GOLD project is the best way to them, that has all necessary features and qualities for that.
Quick look on market situation(IMHO): Lets be honest - we are on bear market right now, strong bullish period, which was 4-5 months ago is gone and now BTC slowly, but surely going down day by day. I dont want to make any BTC price prognoses and tell you how long this situation can continue, we all know that market is cyclical and bearish phase will end someday. But i can remind you about hedging and show what hedging instruments we have on the market right now.
Of course he have a lot of stablecoins and thats the best instrument of hedging i think, there are a lot of coins that are fiat currency backed and you know the name of the biggest one, but here is the thing : a lot of rumors and FUD about biggest USD stablecoins and one of the steady one is about not confirmed fact of real assets backing. It means that nobody actually knows, is it backed with USD on bank accounts or not.
Good decision of that problem is the gold backed projects which has a confirmed gold assets in the independent storage. One of the best representatives of that segment is DIGITAL GOLD project. It has own gold assets which are stored in BullionStar vault storage(Singapore's premier bullion dealer), you can find DIGITAL GOLD profile on their website, it has #17081 and all necessary certificates.
DIGITAL GOLD is ERC-20 tokens, 1 GOLD token = 1 gram of 99,99% fine gold! At that moment project owns 9200 grams of gold, so circulation is 9200 tokens right now. It is a big advantage actually, because using ERC-20 tokens is very comfortable and easy. Also DIGITAL GOLD, as a serious and authoritative project, was listed on CoinMarketCap, you can check daily volumes and exchanges where it can be traded here: https://coinmarketcap.com/currencies/digital-gold/
So guys all of you has a big choice and free space for decisions, but if you investing in crypto, always remember this old rule : "Dont put all your eggs in one basket", see you!
Website: https://gold.storage/en/
Medium: https://medium.com/@digitalgoldcoin
Whitepaper: https://gold.storage/wp.pdf
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20
Tg EN: https://t.me/digitalgoldcoin
Author of the article:
Bitcointalk username: magicrypto
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1700273
ETH: 0xfE924cf73f5024c5EA2779e1A9840Bb766621A02
Telegram:
Thank you!
