Every investment must have advantages and disadvantages and risks whether small, medium or large. But you don't need to worry about starting an online gold investment, here are the pluses and minuses of investing in gold online.
Easy and Practical
Of course you want to invest in an easy and practical way without being complicated with this and that. You don't have to come and queue to invest it. In addition to saving time and money, you have also tried to break the chain of the spread of the Covid-19 virus that is happening all over the world.
Can be transferred
This is a very practical thing. Because everything is online, you can transfer funds via mobile or internet banking. No need to bother coming to an ATM or waiting in line at a bank teller. And it turns out that digital gold can be transferred to other account owners as long as they use the same application or platform.
Small Capital
You can invest in gold online starting from IDR 50,000, even many e-commerce sites offer gold savings starting from IDR 100 silver.
Easy to Monitor
With all-digital technology, you can monitor it anytime and anywhere in real time through the application that you have downloaded.
Low Administration Fee
If you invest in conventional gold there must be a discount or administrative fee. Eventually it will be a lot of cost cutting. For online gold investment itself, it has low administrative costs, it is different from investing in gold online. In addition, the difference between the selling price and the purchase price is not too far away if you invest in gold online.
Physical Gold Available
You can exchange or withdraw your digital gold for physical gold if you wish. Physical gold will be delivered to your home along with certificates and shipping insurance.
Not yet able to reach all levels of society
As you know that not all people have access to enjoy the internet. Both the signal is not stable and the location is very remote, so not everyone can use this online gold investment. Not to mention there are still many parents who are clueless, aka technological stutterers and the potential is huge.
Prone to Burglary
Something that is already related to digital and the internet is very easy to break into by irresponsible people. The things that are most prone to happen are hacking and phishing to steal your account and then take it all away. Therefore, you must first make sure that the platform or application you use protects your data and is safe, so it is less likely to be hacked or phished.
Make Sure Gold Investments Online Officially
Many public reports are deceived by bogus online investments and the value of the loss is not small. Therefore, you must be careful in determining which platform to invest on. Make sure that the platform or company is registered with a regulator such as the Financial Services Authority (OJK) under the auspices of the Ministry of Finance or the Commodity Futures Trading Supervisory Agency (BAPPEBTI) under the auspices of the Ministry of Trade.
Those are some tips / recommendations that we have summarized. If the tips or recommendations above are very helpful, it's a good idea to share this article with your friends too. Good luck & good luck!