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Home News Ethereum

Looking For A Safe Way To Do Long-Term Investing? Why Not, Try Shortage Finance

CoinWist by CoinWist
January 4, 2022
in Ethereum, Business, News
Reading Time: 4 mins read
shortage finance
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investing is a wide subject It is mainly divided into short-term and long-term investing. Some are short-term investing favorites and some are long-term lovers. Both methods require great commitment and some strategies to succeed.

Everyone knows investing is a risk but if u do it in safety and strategic way you can have a great reward. The cryptocurrency market has proven extremely profitable in the past few years, despite the market being highly volatile and we can find fraud coins so these things make the crypto market so risky.

Staking is very popular among many crypto fanatics. buying coins and keeping them in their wallets until the coins grow is some kind of easy way to make money.

Blockchain technology is the key fact in cryptocurrency. So in this article its something new about blockchain projects which is named Shortage. Finance is a safe asset-backed by Ethereum(ETC). Shortage. Finance recently launched their own token on the market. 

Smart Contract & blockchain Explained Image
pexels image by Markus Spiske

What is Shortage Finance?

Shortage Finance is a new initiative aimed at crypto favorites who look forward to doing long-term trading to short speculative trading operations. So the project development team is working with the Ethereum backed blockchain for a better-secured service.

🗞 Ethereum-backed https://t.co/BVBILN4oGA Rewards HODLers@ShortagFinance is an advanced safe asset. The network leverages Ethereum and proprietary intelligent contracts as its primary backing. #ETH #DeFi #Sponsored https://t.co/M4rFCDZVFv

— Crypto Adventure (@CryptoAdventure) December 31, 2021

The token uses Ethereum as its supporting currency and has a two billion token supply. As the report says this token has a simple ecosystem that will be benefited to both new and veteran investors in the market.

The token uses Ethereum as its supporting currency and has a two billion token supply. As the report says this token has a simple ecosystem that will be benefited to both new and veteran investors in the market.

RTG ecosystem benefit
Source: shortage finance

Everyone should note that there will be no team to back to upgrade the token, change or close, nothing will be done. The reason is this project is fully completed at the launch so no team will be needed to back this. Anyone can easily verify and use this you can check this on etherscan.io

The RTG token was officially listed in Uniswap V2 a few days ago. The starting price of $ 0.00002545 the coin was able to catch a price of $0.00042801 recently. It was 1.581% in just a few days.

REALTIGLE Coin (RTG) Token Tracker | Etherscan
Source: etherscan.io

The project owners say we should not look at this as a short-term type investment. It is no surprise to see that the newly launched coin has hype because of the marketing and social media influence. With time the market will be less volatile over the long term.

As I mentioned before there will be no team to back this coin due to its completeness at the very beginning so the liquidity is wholly locked, forever.

Why lock the liquidity?

As money laundering and fraud continue in crypto markets, I think many have heard of the rug pull phenomenon. It’s like new coins enter the market and after collecting funds, the coins disappear in a rush leaving investors in deep trouble.

Tags: AltcoinCryptocurrencyEthereum
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