An alternative to bank deposits for novice investors.

nimogsm
3 min readAug 30, 2021

What to prefer today as an alternative to bank deposits, this question is of interest to many novice investors. Many banks do not give the expected interest on deposits and in some European countries the interest is already negative, which will not give profit but also take away part of your deposit. Funds are not the option that They are looking for novice investors, since many simply cannot afford the start-up capital, or the problem in the form of bureaucracy stops them, namely a large package of documents and large commissions for broker services and account maintenance.

As a rule, these people often go to cryptocurrencies, since the entry threshold is several times smaller and more accessible, and there is already a large selection of tools for various types of investment. Most modern exchanges offer different investment plans for different terms and conditions, but many of them do not give the very desired ones. interest or conditions do not allow withdrawing the deposit ahead of time. Then stablecoins come to the rescue, which help to hold on to the market collapse and other fluctuations. Also a good instrument is Digital Gold that is trading to real gold 1: 1, which is already a good indicator. If you open the annual chart gold, you can make sure that this investment was profitable and stable.

Many large investors hold this asset in the portfolio with the prospect of further growth, this is a good protection against inflation. If you have experience in trading cryptocurrency, then buying digital gold will not be difficult, the transaction can be carried out in a couple of clicks for this we need to go to the site: https://gold.storage/en/market and choose in what way you want to purchase this token, two options are given — bitcoin and ethereum. The token itself works on the ethereum network and has the erc-20 format, so any wallet that supports this format is suitable and you can store there without any problems your assets.

The exchange works in two directions and does not require registrations and other documents, everything works on the blockchain, which ensures transparency and simplicity of the transaction. Also on the site there are always up-to-date prices and charts for bitcoin, ethereum and dollars, you will always have the necessary information. it is worth noting 1 token Digital Gold = 1 gram of pure gold, the site has accompanying documents where you can make sure that the project has guarantees: https://gold.storage/en/audits

All useful information on the project can be found on the project website, namely links to social networks and instant messengers.

At the moment, this is one of the best tools to secure your investments and be sure that no adjustments or market drops can affect your financial condition.I hope this information was useful to you, and remember always make decisions yourself on any type of investment and independently assess all the risks.

Author: nimogsm

Address: 0xd5eb4ebb70df19a18a52afa9044789863dd6a05b

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