Is digital gold good?

[udlredlo]

In my opinion, much these days depends on reliability and practical value of each concrete idea. But what makes much sense - some aspects that stay for new trends. For example, I am pretty disappointed by more attacks on leading exchanges and thus interested in new strategies here

You are absolutely right. But are there any alternatives right now? I mean is there any particular strategy you are switching to?

[orcobbe]

You are absolutely right. But are there any alternatives right now? I mean is there any particular strategy you are switching to?

Well, from my point of view, the only alternative is usage of hardware wallets. But in here, of course, you should be choosing the most advanced solutions only

[udlredlo]

Well, from my point of view, the only alternative is usage of hardware wallets. But in here, of course, you should be choosing the most advanced solutions only

Most likely, yes. At least I cannot think of something more rational. But you know, talking more on hard wallets, I tried to find unique solutions several times and what I have noticed - it is not very simple to find impressing ones. They are all more or less similar

[orcobbe]

Most likely, yes. At least I cannot think of something more rational. But you know, talking more on hard wallets, I tried to find unique solutions several times and what I have noticed - it is not very simple to find impressing ones. They are all more or less similar

I also thought so and that's why I conducted many researches. Basically, the most advanced and attractive solution I have found is GetHashWallet. Guys are bringing easy to use product that is arrow certified and available for sale, so everything can already be tried out. Moreover, they had crowdfunding on Indiegogo, it brings higher confidence for me too. And I definitely recommend you to have a look at their website to have a better understanding

[udlredlo]

I also thought so and that's why I conducted many researches. Basically, the most advanced and attractive solution I have found is GetHashWallet. Guys are bringing easy to use product that is arrow certified and available for sale, so everything can already be tried out. Moreover, they had crowdfunding on Indiegogo, it brings higher confidence for me too. And I definitely recommend you to have a look at their website to have a better understanding

Hmm, so far for sure sounds interesting, let me also have a closer look at the solution and get back with own opinion

[Mealea]

As far as am concern, digital gold is a very good choice when it comes to investment in cryptocurrency but putting 40% on it may be too much. Digital gold is a good coin.

[mahilchii]

I did some research on digital gold and to me this seems to be a revolutionary, actually digital gold was the first crypto currency model unfortunately they had some issues with their regulations and Bitcoin took over from them else digital gold would have been the rockstar of crypto currency. However they are bouncing back again and want to give hard competition in the market, I would prefer this coin for longer-term.

[cryptoaddictchie]

The idea isnt bad actually it comes handy with some few perks if you asked me.

• The era now is changing and having a digital currency for gold will enable safety for those gold investor to keep safe their asset. How? Instead of securing permit for its storage they could convert and hold the digital equivalent of their asset into token which is stored in a ofline wallet
• Easy means of transaction. Let say they wanted to sell their gold asset these digital gold currency will be tranferred to new owner in a easiest way to do it like sending a message from your phone. No threat when dealing on a private place or whatever of possible stealing
• Never depreciated. Though gold is an accepted currency such as Dollar its value is rarely seen depleted cause of scarce and that's how implementation of digital gold currency can increase its popularity for those who are interested to invest with gold due to this improvement

So far there is no regulation for this, but I can see the possibility of digital gold currency to be regulated and authorized to be approve by the government.

[pikkie]

The idea isnt bad actually it comes handy with some few perks if you asked me.

• The era now is changing and having a digital currency for gold will enable safety for those gold investor to keep safe their asset. How? Instead of securing permit for its storage they could convert and hold the digital equivalent of their asset into token which is stored in a ofline wallet
• Easy means of transaction. Let say they wanted to sell their gold asset these digital gold currency will be tranferred to new owner in a easiest way to do it like sending a message from your phone. No threat when dealing on a private place or whatever of possible stealing
• Never depreciated. Though gold is an accepted currency such as Dollar its value is rarely seen depleted cause of scarce and that's how implementation of digital gold currency can increase its popularity for those who are interested to invest with gold due to this improvement

So far there is no regulation for this, but I can see the possibility of digital gold currency to be regulated and authorized to be approve by the government.

I think if cryptocracy is used as a very valuable asset in my opinion, it is very good, but you should know that the end of the world will happen someday and when the end of the world comes or when a major disaster occurs, making electricity inaccessible, cryptocurrency will be very difficult to use, payment and transactions will be traditional which will make it difficult for people to make transactions when they do not have expensive cash or exchanges such as gold and paper money that are still valid for transactions of buying and selling goods.

so in my opinion there is no harm if people still have gold with a very large amount to spare them.

[Coll3]

 Digital gold is a fantastic idea if you mean bitcoin

The situation in Iran and virus in China proved it. All people are looking for something for saving their money Bitcoin has limit BTC is great accumulating way



#relictumpro #relictcoin #relictum #blockchain5.0 #relictumblockchain

[yazher]

As I am increasingly interested in investing some of my money in digital gold for the long term and I will invest around 40% whether this is good.?
give your opinion.
And I want to know a few articles about digital gold may be shared here.
thank you

You need to be specific when asking those questions, for there are so many projects out there that claim themselves as digital currencies back up with gold. If you mean by digital gold "BTC", then you will also need to know about some pieces of information for investing in BTC. you need to read all of these and take your time as usual. no rushing here, arm yourself with enough knowledge and everything will be clear as soon as you want to invest in this digital gold (BTC).

[chip1994]

As I am increasingly interested in investing some of my money in digital gold for the long term and I will invest around 40% whether this is good.?
give your opinion.
And I want to know a few articles about digital gold may be shared here.
thank you

It is definitely good if you buy at the right time. It's nothing like you're investing in gold and real estate. If you buy these assets at a high price and when the market starts to turn, you will lose money. In my opinion, any type of asset is worth investing in. It is important that its buying and selling demand is high or not. In my opinion, you should buy bitcoin and store it for long term. I feel that the financial situation of many countries is now in great difficulty and maybe a recession will occur. people will look to gold and bitcoin to buy and its price will certainly increase.
  - Note: This is only my personal opinion and is not intended to entice you to invest with me.

[kentrolla]

When you say digital gold do you mean some crypto projects backed by gold? I would suggest you to go for direct investment into gold as there are many gold companies who offer investment deals either you could go for bitcoin investment if you wanna keep it digital and decentralized but I would not suggest to go for any crypto-related digital gold for investments.

[btcdie]

As I am increasingly interested in investing some of my money in digital gold for the long term and I will invest around 40% whether this is good.?
give your opinion.
And I want to know a few articles about digital gold may be shared here.
thank you

I am interested in this GOLD token https://coinmarketcap.com/currencies/digital-gold/

Need to be considered :

Buy real gold

• You must keep it in a safe safe to avoid from burglars or robbers
• It is very risky to get fake gold, so be careful
• if you want to sell, you have to bring the gold to the local market, or need to meet with people in person

Buy crypto / virtual based gold.

• pay attention to the credibility of the project that sells gold, whether it can be trusted or not. so looking for reputation is very important here.
• keep in mind, the gold you have is not in your hands right now.
• trading is easier here, to exchange to fiat or crypto assets is very easy. because crypto-based digital gold here can be called a stable coin.

so start to consider the risks and advantages before you are already already. "gold" is an asset, but you do not expect to get a quick profit, because of low volatility. very different from crypto assets like Bitcoin or alt that we know today.


*just giving an opinion

[Bonwin]

I have seen some information about the project some couple of times and i feel it is good, due to its stability and the ability to grow with respect to time, but that will be long term based.
However, considering the experience I have had with some projects, I would advise you to invest what you feel you are capable of losing. Even if the project does not want to scam investors, they might have oppositions, who are ready to go to any length to spread FUD, which might affect the project.
That notwithstanding, the project is still looking good.

[gundala]

I am interested in this GOLD token https://coinmarketcap.com/currencies/digital-gold/

Good or bad, of course, very relative. As far as I know, GOLD coins are equivalent to the price of real gold, one of their slogans is digitalization of gold. The price also tends to be stable and there are no significant changes, of course the gold equivalent. Their bounty campaign also went pretty well and gave satisfying rewards to selected participants. If I had to choose, I would prefer real gold, because there is nothing technically different in appearance. It would be better to invest it in other cryptocurrency whose price does not depend on anything, it is to increase the chances of getting profit when pumping, but it is also more risky.

[monineklutak]

As I am increasingly interested in investing some of my money in digital gold for the long term and I will invest around 40% whether this is good.?
give your opinion.
And I want to know a few articles about digital gold may be shared here.
thank you

you better not invest, there must be further analysis to prove whether the project is good or not,
even though the team members are clear, but I don't know if they have a real supply of gold

[RealMalatesta]

People here do not realize it just yet but there is digital gold already. At least in my country, you can talk to your bank and change all of your money to gold, not just gold futures or anything but literally gold in gold form that bank will hold for you, or you can withdraw it in gold form as well.

So, there is an option of me basically working with my bank to hold all my money in gold form whenever I wish something like that, which is digital gold to me, its basically stablecoin at its core since I can literally get the gold in physical form if I want to but can keep it on the bank account and hope that it will gain more value as well, there is no blockchain invoked and that is basically the only thing missing out of all of these things which I don't really mind.

[NeuroticFish]

People here do not realize it just yet but there is digital gold already. At least in my country, you can talk to your bank and change all of your money to gold, not just gold futures or anything but literally gold in gold form that bank will hold for you, or you can withdraw it in gold form as well.

It's still easier to work with crypto currency, even if it's only a token. You have anonymity, you can exchange any time, not only in the banking hours, you don't have to leave your desk.
I don't deny that a bank may offer more trust, still this token seems to have better audit than most stable coins, so let's not deny its good parts.
And more companies offering similar product use to be a good thing. People can choose based on their needs.

[michelle_riera]

it's just another stable coin. but it's good for you to buy it if you'll do some long-term investment. I think it's good for you to hold this coin for a long time.
i'm sure the price will be good in the future since the gold price is always rise every year.