- PPF Points
- 1,899
Investing in digital gold is a contemporary and lucid approach to secure a part of a valuable and reliable asset without having it physically. It is an actual gold that you can buy, sell and store in an electronic way through several different platforms, apps, or online brokers. When you buy digital gold, you are actually the owner of a chunk of pure gold which remains safe in the vault of a trusted custodian. The most wonderful thing is there is no need to worry about storage, theft, or purity checks. It is not only convenient and easily accessible but also allows you to become a shareholder in the gold with a minimum of a few dollars that is suitable for beginners or anyone who is not interested in doing physical gold with the logistics of physical gold. The biggest difference between digital and physical gold is tangibility—you can’t physically hold digital gold, and although it has real gold as its backing, you are entrusting a third party to save it and take care of it. In contrast, physical gold enables you to make sure that it is real and gives you that tactile feeling of possessing something without having to depend on the system after it is in your hands besides you can even use it off the grid without an internet connection or an app. The good thing about digital gold is that it is appropriate for quick, easy transactions and is also very liquid as well as it allows your portfolio to be diversified. This is especially true if you are okay with online finance. When you transfer some of this comfort into the physical gold it is the best choice to hold it over the long term and if you want to control it fully. That is why the three words each one and the other have been coined, and the right choice will be made according to your objectives, lifestyle, and the degree of your comfort with the use of technology to date.