Post
Topic
Board Altcoin Discussion
Re: Safe Gold investments and viability
by
adzino
on 01/10/2021, 22:09:56 UTC
Hey, you guys, I plan to invest in the gold project recently, but given the previous experience heard from various quarters, Is it still safe and can anyone recommend it as viable? thanks a lot.
You saying you want to invest in a gold backed crypto currency? I don't think it is a good idea. And I don't think there are any such good project like those right now. I did hear about some gold backed crypto scams. Just curious, how would it work? Value tied to gold? Will you be able to redeem gold with your tokens?
Why look for such projects when you have better options such as bitcoin and ethereum? You will be getting better gains investing in those coins.