Some people might think that you’re crazy for spending your money on a golden bird, especially since they might think that you’ll lose money. But in reality, buying an expensive item, such as a golden bird, might be a good investment. You can purchase golden birds, which are available for sale online, for roughly $2,000.00 USD.
So what is the golden bird? Well, it’s not a traditional car or house! It’s actually a type of investment that some people might think is crazy, but in reality, it can be a decent way to make money. Let’s find out more about the golden bird, including whether or not it’s a scam.
What is the Golden Bird Fund?
If you’ve ever purchased a cryptocurrency such as Bitcoin, you might be familiar with the concept of a “rolling stock”. A rolling stock is an investment vehicle that buys and sells various types of securities – frequently cryptocurrencies – based on the underlying value of the asset. For example, if you purchased a $100 USD worth of BTC, you’d effectively purchased a share in a Bitcoin holding. Bitcoin isn’t the only cryptocurrency that has a “rolling stock” version, either. Many others, such as Ethereum and Litecoin, have similar vehicles known as a “Dutch auction” or “Dutch trellis”.
An example of a traditional Dutch auction is Palladium (PPD), which is a form of investment that some people might think is crazy but in reality is a good option for someone looking to make some extra cash. So what is Palladium? Essentially, it’s a way to invest in the future of cryptocurrency. The idea behind Palladium is that as the value of cryptocurrency rises and falls, the prices of the various commodities – such as gold and silver – will rise and fall as well. Thus, if you buy Palladium, you’re effectively buying a share in some of the gold that will be created as more and more people seek to purchase cryptocurrency. As the value of that gold rises and falls based on the value of cryptocurrency, your investment will do the same. It’s essentially a way of securing your investment while enjoying the benefits of cryptocurrency.
Is It a Scam?
When you purchase a traditional Dutch auction share, which is what you get when you purchase a “golden bird”, there’s a good chance that the company running the deal is actually doing so fraudulently. The whole point of a Dutch auction share is that it is an “unregulated” share. That is, the company running the share can, in theory, do whatever they want with your money. There’s no protection, no one to blame but themselves if things go wrong.
Since it’s unregulated, there really isn’t anything to prevent a company from simply taking your money and running away. Some companies hide this fact by offering insurance policies, but the insurance policies generally aren’t worth the paper they’re written on. The same goes for the “reinsurance” that some companies offer. Essentially, if they do anything shady, the government won’t be able to do much to help you. You’re on your own. This is why it’s considered an “unregulated” share.
In some situations, this can be a good thing. You’re not going to get the best service if the company is regulated, after all. You’re going to have to do a lot more work to get what you want. Additionally, if a company is small and local, it often means that they’re more willing to provide an excellent service to their customers. But in general, don’t expect any protections when buying an unregulated share.
A Win-Win Situation
One of the big draws of the traditional Dutch auction share is that you’re essentially doing two things at once. You’re purchasing cryptocurrency, but you’re also participating in a gold-backed stock market. This can, in theory, be a winning situation. Since the value of both Bitcoin and Palladium can rise and fall, you’ll potentially make money no matter what happens. However, keep in mind that this is neither advisable, nor truly possible, for everyone.
If you want to actively participate in the gold market, you can set up a small gold holding with one of the many precious metal brokers. In this way, you’ll enjoy the benefits of owning a piece of gold without having to worry about the price fluctuation of cryptocurrency. Even better, you won’t have to keep track of the price of cryptocurrency, as they will take care of all of that for you.
So, as you can see, there really isn’t anything bad about the traditional Dutch auction share. In fact, it’s fairly lucrative if done correctly. The only question is whether or not you’re going to be able to participate in the gold market without also owning cryptocurrency. In theory, it’s possible, but in practice, that’s probably not going to be the case for most people.