Why should you invest in Digital Gold? My 10 reasons

Liftnaolymp
4 min readJul 30, 2020

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Investment gold is a physical asset or digital that is naturally limited in quantity. Gold is a unique precious metal, which is why gold is still called the “world currency”.

In the past 20 years, the price of gold has increased 5 times. Here you will find out the main reasons why gold around the world is included in investment portfolios or simply creates gold savings for the future of children, retirement or inheritance:

1. Independence
By investing in gold, you have the opportunity to independently control the process: when, how much and what coins or bars to buy. It is important that you have the opportunity to make the same decision independently about who, when and in what quantity to sell your gold (this can be done all over the world). The world gold price is not affected by decisions made by the government of a particular country, for example, Latvia or another state.

2. Diversification of risks
Diversification will help an investor avoid risk when a decline in the value of one asset leads to a significant decrease in the value of the entire investment portfolio. Classically, investment gold is present in the investment portfolio in the amount of 5–20%, and during the aggravation of the economic situation — up to 50%.

3. A real digital-physical asset
Physical gold is 100% your property and Digital gold is backed by real 99.99% of gold bars, which are holding in Bullion Star. You have the right to move it, store it and perform any actions based on your preferences and wishes at the moment you wish. Gold is not a promise of any institution to ensure the value of your investment, its availability and its existence. Your investment in gold cannot disappear in the event of, say, bankruptcy / liquidation of a bank. You manage the security risk yourself.

4. Investment in Digital gold is available to both large and small investors
Gold with a small spread is available starting from ~ 250 €, for example, the worldwide popular gold Sovereign (UK) gold coin. Gold bars and low spread coins are available in a very wide range, such as the popular 1 oz Austrian Philharmonic gold coin or 50 g bullion bars, such as Valcambi (Switzerland). It is no secret that purchasing a small number of shares involves disproportionately high commissions at the time of purchase, as well as monthly service fees, which often “eat up” a significant portion of the profit, if any. For example, when purchasing Apple shares in the amount of ~ $ 175, you will also need to pay: 2% of the amount at the time of EUR / USD conversion, bank commissions of ~ $ 25–30, as well as a monthly service fee (minimum 1–2 €, based on the bank’s price list). As for Digital gold, you can buy it starting from just 1$ and buy so many tokens as you need.

5. No asset management fees
Unlike securities, endowment life insurance, or similar investments, physical gold has no costs or additional commissions to consider when buying. When purchasing gold, you pay only a spread of 2.5–5%, which is already included in the price announced to you (the spread includes seller services, delivery from the factory and production costs), but when you buy Digital Gold you pay only 0% commissions.

6. High liquidity

Gold bars and coins are sold all over the world. The largest markets are Asia, the US and the EU. For more than 15 years in Latvia, Tavex has been providing high liquidity of gold by buying and selling coins and bars of the world’s largest producers (from Switzerland, China, Australia, USA, Canada and other countries) at fair prices.

8. Classic supplement or pension alternative
Many consider gold to be a good supplement or alternative to retirement in the future, trusting in real and physical assets. Most often, the reason for this is the uncertainty of the future, since the development of the modern world economy is an experiment that has not been described in any scientific literature. The sustainability of public debts in some countries of the world is highly questionable and one day it may cause a powerful financial and economic crisis.

We have to choose between trusting the stability of gold and trusting the integrity and intelligence of government members. With all due respect to these gentlemen, I advise you, as long as the capitalist system exists, to prefer gold. Bernard Shaw, 1928

9. An easily inherited asset

Like other property, under civil law, investment coins and bullion can be inherited. It is important to register the fact of inheritance with a notary, registering the value of gold at the time of inheritance, in order to further calculate the capital gains tax.

10. Investment gold is a long-term investment
Investment physical-digital gold in coins and bullion is not intended for short-term acquisition for speculation purposes. Gold, like other financial instruments, may have a significant corridor of price fluctuations, since its price is determined on the exchange. Classically, there is a bull market or bear market for gold when market corrections occur, however, over the long term, gold retains its capital value and purchasing power. This is due to the fact that the annual increase in mined gold lags significantly behind the annual exponential increase in financial market instruments and money. There is no “Print” team on the gold market.

Useful links:

Website — https://gold.storage/

Bitcointalk ANN — https://bitcointalk.org/index.php?topic=5161544.0

Get insight from the Whitepaper — https://gold.storage/wp.pdf

Twitter — https://twitter.com/gold_erc20

Medium — https://medium.com/@digitalgoldcoin

Reddit — https://www.reddit.com/r/golderc20/

Facebook — https://facebook.com/golderc20

Telegram Group — https://t.me/digitalgoldcoin

Writer’s Information

Bitcointalk username — TonyMontana777

Bitcointalk Profile Link — https://bitcointalk.org/index.php?action=profile;u=2169832

ERC20 wallet address: 0x382802FA8502A6E0d28107Fe5eC50b859B77602A

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