All during the economic life of mine I have tried to gather a traditional but a different tactic to reach a certain level that could help assets to grow.
Assets are those valuable things which we think that it would work out to provide #monetary help when needed, in a practical form.
But when we look at the metals that are valuable, it is one common trait to watch out that - those which are rare have high value, like rubies and gems in different colour, or the diamond pieces larger in size and bright.
Even golds that are mostly pure as metal ; non -corrosive and 24 carrots in quantifiable measurements.
What I wanted to speak was the price of #assets, both digital and traditional assets. There are so many options where as a acumen investor we have options to choose where to place own dollars from savings and letting it grow.
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Because, at some point only a side of assets would hold more values and others stay low in #market competition.
Digital Assets
I think we started to think about this kind of assets back in 2009 when technology was pretty low and for social media giants like facebook it was just 5 years for happy anniversary. In thar time #crypto and #blockchain was announced first, those earlier potential tokes had minimal value so as digital assets.
When it is an age of digit, focus should be in the assets that are supportive of digital.
What I believe is that, sometimes digital assets surpass even the digital wealth which holds maximum value in the current market #price. To produce something digital, the efforts and time, intellects and artistic quality all really counts and when internet is so popular and widespread globally connected, the chances to brand and advertise them is enormous.
We could use this idea and in reality most of the artists do that to raise the level of fondness and popularity of the products among the buyers of the market.
For example, I can name the Mona Lisa portrait of Leonardo Da Vinci, why it has become the most popular sketch across the world ?
It is because of branding and sort of successive build ups that helped the price of it to grow.
I have seen a lot of artistic photos made in a museum laboratory with something unique features in common. The photo being uploaded to the Instagram and certainly for personal use it started to grow in basic prices. Starting from $5 a piece to reaching $100 within a period of 6 months.
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Magic In The Process
So what is the secret recipe for the successful launching of price of the assets in digital form? Going through the question we could find out the socialization and branding, the way simply an artistic form raised and built into a product. Later it came out as a popular item and then to reach a value with bids open from many willful buyers.
None of the success would have happened if there were no digitization in the set ups. And like I said in the past, it is about to win if synthesized the same traditional wealths into digital, as of advancement in the same stream to better technology and in search of it.
The same for the outlook of our own economic backgrounds. Rest is a choice !