With such a challenging time, all the investors across the world are looking for the safest investment haven. Traditionally, the best option would have been real estate, bonds or maybe Gold, but with such a disruptive time of covid situation, these investment tools don’t seem to match the investor’s sentiments anymore. For instance, taking about Gold, Gold is a precious metal and has been favored hedge fund for investors. With limited supply, its demand is always high and so is it’s ever increases prices. Another reason, gold is considered safe investment tool is because it is not linked to any stock trading or currency listing so even if stock market crashes the prices of crypto currency more or less remain stable. This is ideal asset for one with a low to medium risk appetite as the prices of Gold neither increase drastically nor the prices take a big drop. However, one of the major challenge in investing in Gold is, if Gold is purchased as jewellery, there is a decent jewellery designing cost charged per article, which might have to be forged at the time of sale, plus if gold is purchased as coins and bars, it’s security is the biggest concern.
With this — situation, there is a much stronger alternative investment tool to hedge against gold. It is cryptocurrency which is also gaining popularity as the new ‘digital gold’ as it has multiple properties that makes it safe investment heaven. Talking about crypto currencies, the major two popular crypto currencies to consider is Bitcoin and White Bitcoins (WBTC). Bitcoins were the first cryptocurrencies and hence not only popular but the prices are on ever rise. Another alternative for the investors who are looking for less volatility to traditional bitcoins is White Bitcoins (WBTC). WBTC (White Bitcoins) were developed as an bitcoin updated version. WBTC (White Bitcoins) are increasingly gaining popularity as it not only has all the features of traditional bitcoins like it is also based on Blockchain Technology but also have low transactional charges increasing per unit profit. White Bitcoins (WBTC) can be easily purchased from the major crypto currencies exchange, one such popular platform is Belpay Exchange.
So, to diversify your investment, one should consider one of the fastest growing yet safest investment tool, which is cryptocurrency and specially White Bitcoins (WBTC).