Investing in became considerably high risk in 2018. Unlike the
international commodity market, the market is still driven
predominantly by consumer investment. This is a problem as even in developed countries like the United States, 80% of people still live paycheck to paycheck.
Put simply, like are no longer investment-friendly for new to market investors. This is especially true when one considers that is now in its longest ever bear market.
The Need for Asset-Backed
Traditionally, new to market investors have used ICO coins to gain leverage on the market. Successful ICOs, after all, can appreciate in value quickly.However, in 2018, over 50% of ICOs failed.
Given the combined perils of risk and broader market volatility, smart investors are increasingly looking to asset-backed as a potential investment safe haven.
What is Asset-Backed ?
An asset-backed is a form of digital currency backed by a real-world commodity like gold, silver, or crude oil. This means that coin prices don’t crash during market downturns. Instead, coins only decrease in value when the assets backing them decrease in value. This is important, as international commodity market assets like gold and other precious metals are far more stable than , stocks, and even traditional fiat currencies.
Is Asset-Backed Worth Investing In?
Because asset-backed have their value pegged to real-world
commodities, coins do not appreciate rapidly in value like coins like . What smart investors, therefore, do is buy like and hold until coins reach a certain price point. When a specific price point is reached, investors exchange coins for asset-backed . Investment profits can then be retained during market downturns without liquidating assets.
UPROSE & The Future of Asset-Backed
At present, genuine asset-backed forms of digital currency are few and far between.However, an upcoming multi-asset platform is attempting to change this.
UPROSE will be the first exchange which allows investors to instantly exchange coins like , for tokenized commodities like gold, crude oil, and even foreign currencies like the Euro. Smart investors will, therefore, be able to secure wealth during market downturns, by buying UPE coins backed by real-world assets.
When will UPROSE Launch?
By the end of Q1 2019, UPROSE plans to make most
interchangeable for UPE backed by up to 16 real-world fiat currencies. UPE coins themselves also serve as utility . This means that as more traders join and more asset classes are listed on UPROSE, UPE will steadily increase in value.
To discover more or diversify your investment portfolio by investing in UPE coins, visit today.
Published at Thu, 11 Apr 2019 13:11:58 +0000
