DIGITAL GOLD IS THE CRYPTO INVESTMENT WITH LIQUIDITY
Investment basically means sacrificing present earnings in other to make future income, one of the interesting parts of investment is that, the ability for an investor to get Return on Investment (ROI) and capital with ease at any point in time.
But the above seems impossible in crypto because of the fluctuation due to its yardstick i.e forces of demand and supply, since most crypto coins are always affected by one issue or the other, like whale dumping, bounty dumper, and others, this makes the price of crypto unpredictable.
Due to the unpredictability of market trend in crypto people tends to be moving their attention from crypto as a result of fluctuation in its liquidity. The solution of the problem to this aforementioned issue is Digital Gold
INFORMATION ABOUT DIGITAL GOLD
Digital Gold is a blockchain technology-based project that is invented to encourage or influence the digitalization of the world financial markets for the increase in the general world liquidity.
The exciting part of digital gold investment it's backed up by physical gold, which serves as a buffer whenever there is an unexpected event or occurrence.
In nutshell, Digital Gold is a courageous and innovative project that is meant to bridge the gap that exists between the digital ecosystem and gold.
LIQUIDITY
Liquidity can simply mean refers to the ability to convert an asset with ease whether a digital asset or non-digital asset into cash or something things of choice without a change in its value or market price. There is two basic Liquid asset which is Market Liquidity and Accounting Liquidity.
But as for this article, we are considering market liquidity.
MARKET LIQUIDITY
Market liquidity of any product can be regarded as an ability of a product to be sold in place or at a point with ease without a change in its face value.
DIGITAL GOLD LIQUIDITY
The purchase and sales of digital gold are as getting goods or kinds of stuff in the supermarket because it purchase coverage is via Erc-20 since the digital gold token is ethereum based token.
Its basic market for its purchase is the gold market, this enables users to make an instant purchase in the platform.
The major advantage of digital gold is that its pegged against physical gold spot price, this makes it to be regarded as a stable coin in some cases.
Digital Gold and other Crypto Investment
Investment in crypto is a phenomenon i.e thing that has cut the eye of many veteran investors, but many are scared of it liquidity; what is really scaring them back is Volatility since as a matter of fact, crypto investment is highly volatile, digital gold has volatility antidote which is gold, since its pegged with gold and it has been observed in the time past and present the gold value is always stable, this tends to give digital gold high liquidity when comparing it with his contemporary.
CONCLUSION
on a final note Digital gold is an investment with high liquidity that tends to stand among his contemporaries due to his ease of conversion or fast sales.
For more information visit:
Website : https://gold.storage
Whitepaper : https://gold.storage/wp.pdf
Telegram : https://t.me/digitalgoldcoin
MY BTT Username: Kehindem
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2837181;sa=summary
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