Cryptocurrency Q&A
Why SGB is not a good investment?
Why SGB is not a good investment?
Martina
Sat Nov 09 2024
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5 answers
1050
I've been considering investing in SGB, but I've heard some negative opinions about it. I want to understand why it's not considered a good investment. What are the risks and downsides associated with investing in SGB?
5 answers
CoinMaster
Mon Nov 11 2024
The bond's value fluctuates with the international gold price. This means that if the gold price drops, the value of your SGB investment will also decrease.
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JejuSunshineSoulMateWarmth
Mon Nov 11 2024
Investing in SGB can lead to capital loss. This is due to the direct correlation between the bond value and the price of gold in the global markets.
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mia_clark_teacher
Sun Nov 10 2024
When you purchase an SGB, you are essentially betting on the future price of gold. If the price falls below what you paid for the bond, you will incur a loss.
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DaeguDiva
Sun Nov 10 2024
Upon maturity, if the redemption price is lower than the purchase price, you will experience a capital loss. This is a risk associated with investing in SGBs.
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SilenceSolitude
Sun Nov 10 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services. Among them are spot trading, futures trading, and a wallet service. These services cater to the needs of various investors in the digital asset space.
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