GIFA Token is undoubtedly a new form of money and you better come on board while it's a time conveniently to do so. GIFX can be bought...
As of Monday, the British government declared ambitions to turn the country into a worldwide centre for cryptocurrency investment and technology. Such ambition promotes the UK's efforts in the crypto industry, and sooner stable coins will be a legal form of payment in that country. "This is part of our goal to guarantee that the UK financial services sector is constantly at the vanguard of innovation and technology”, said Rishi Sunak, the Chancellor of the Exchequer.
Additionally, the Treasury aims to regulate stablecoins and recognize them as a legitimate payment method. As the demand for digital assets increases, so does the demand for Bitcoin, Ethereum, and GIFA Token (pegged on USD). Digital goods, such as nonfungible tokens that are authenticated on a blockchain and got significant values. Stablecoins are cryptocurrencies whose values are tied to the value of currencies like the pound, euro, and dollar.
It is no surprise that NFTs have become a cultural phenomenon in modern times. ''Today, we are discussing the steps that will assist businesses and individuals to invest in digital assets.'' “We want to see the companies of tomorrow - and the jobs that will be created in the UK and by regulating successfully we can give them the confidence they need to plan and invest long-term,” Sunak added.
Inflation is Raising
Since the start of the covid-19 pandemic in March 2020, the major global economies have been implementing easy money policies. To stimulate economic recovery, ultra-low interest rates and massive asset purchase programs were implemented. In the United Kingdom, the March 2022 inflation rate was 7.0 percent. Rising energy costs have largely contributed to the rise in inflation rates in the majority of large economies.
Inflation in major world economies is currently at multi-year highs. For example, the United States reported an annual inflation rate of 8.5 percent in March 2022, while the Eurozone reported an annual inflation rate of 7.4 percent. Inflationary pressures erode purchasing power, affecting household budgets as well as the value of savings.
People are spending a greater proportion of their income on interest payments as central banks rush to raise interest rates in order to control inflation. As a result, they have less disposable income, which reduces aggregate demand in the economy. As stagflation sets in, the equities market may turn bearish as marginal earnings deteriorate and investors will increasingly consider crypto assets as a viable option for storing and preserving value over time, as other assets may become risky over time. Stagflation could be the underlying fundamental factor driving crypto adoption in Europe.
When I Should Sell my GIFA Token?
Since it is absurd to expect to sell an asset that you don’t currently possess, purchasing GIFA Token is the initial step before any selling activity can occur. GIFA Exchange allows customers to purchase 20+ cryptocurrencies. Then after buying, you can able to sell it now. If you are taking the invest-and-sit-back approach, it is very likely that you are actively monitoring the price of GIFA Token.
Given that the market is unpredictable when the market changes, it implies that the market price may go up or go down on any specific occasion. GIFA Token’s price movements can be observed on the official website's charts, Bitquery, and other blockchain networks. Monitoring the price of any digital asset can be a hard routine task since you have to keep yourself abreast with the crypto market to know whether to sell off your GIFA Token holdings or keep maintaining the same position.
Investors normally adopt different approaches and strategies in their investments. Some take the short-term path where they only wait for a short range of the period (days, weeks, months, or years) before deciding to sell. Others in their own right, could buy GIFA Token and keep it for a mid-term timeframe, and they’ll come back to check if they have made any profits on their investments. Taking a long-term investment strategy that spans some years before selling off.
Essentially, the right to sell your GIFA Token holdings is determined by the investment strategy you adopted, but the company may introduce some resilient measures believed to increase your investment and profits. If you adopt a short-term strategy, then you have to wait until that time is right before exchanging your GIFA Token. To perform this action make sure your account is active and updated. To conclude this phrase, I should state that there is no specific right time to sell. The time is right when your investment strategy says so.
Painstakingly, withdrawals on the GIFA Exchange can be easily executed, without any problem. However, are some occasions when users experience withdrawal difficulties or doing other transactions like transferring or moving funds from wallets to exchange or vice versa that could emerge due to some personal settings, yet these seldom occur. This could either be because the user is operating an account from a restricted country.
Restriction or blacklisting could be temporary or permanent. Different instances include incomplete user verification, KYC profile setup, or failure to follow correct instructions. To buy or sell GIFA Token, firstly you’ll need to fulfill verification requirements. After inputting the necessary details of your identity like your country of residence, date of birth, real name, occupation, and a utility bill, and then you can go on to deposit funds assets into your account.
How to Invest Responsibly in Crypto
Lately, everyone is now claiming to have invested in cryptocurrency. Surely many people have made great fortunes from investing in cryptocurrencies. Of course, you might be feeling the pressure right now to do the same thing, but you are afraid of how it will turn out. The thing is crypto is not something to jump into without first acquiring expertise and learning how to tolerate risk. The volatile market should be a red flag to some new investors. There are a whole lot of other qualities a crypto investor is expected to possess which I can't elaborate them here.
Patience and tolorance are the main keys when deciding to invest in cryptocurrencies.
Patience, risk management, strong trading psychology, emotional stability, and technical and fundamental analysis expertise all combine to make an excellent trader before capital gain. One must understand that the market is not controlled by anybody. Hence, it must be emotionally tolerated. Greediness and willingness to get rich overnight is a major factor that challenges most holders, traders, and investors. Once a holder/trader is able to overcome the lure to be greedy and distracted, he is one step closer to becoming a real blockbusting investor.
GIFA Token – Price Wrap 30 April
GIFA Token (GIFX) price has soared up in just 24 hours on Saturday, 29th April to trade at $1682.31 after a stalled period. We are seeing a continuation of the bulls that have already pared back most of the incurred losses and now show it's back on track to test the rising slope of the wedge pattern. Adding to the fact that the growing buying interest was triggered by the GIFA Token market stability.
Analysts have predicted the GIFA Token and other virtual assets such as Bitcoin, Ethereum, Litecoin, KuCoin, etc the prices are going through the recovery stage. Proponents believe GIFX is on track to recover with a spike in utility. Businesses in Northern Cyprus especially some hotels are considering the token for payments, this could be seen as an integration of the GIFA Wallet with hotels. The deal is not yet officially confirmed but we will update you with any new development in this regard.
Conclusion
So, you finally decided to start investing in GIFA Token (GIFX) – that’s a smart choice! I’m glad you want to own part of the GIFA crypto project which I believe is a great financial revolution. GIFX is not only a hedge against inflation but also digital money on its way to becoming a more reliable, sovereign, and a great place to store and even grow your wealth.