Digibyte or SiaCoin?steemCreated with Sketch.

in cryptocurrency •  8 years ago  (edited)


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I made a mistake 😯

Well today I was looking at the value of SC, I saw it going up, and I saw my DGB going down
So I though, maybe I'll sell some DGB and then buy more SC from it?

And so I did.

DGB price at 0.00001070 or something, and I decided to sell half of my DGB in order to buy more SC...

Few SECONDS later DGB went up to 0.00001200, and now it's at 0.00001412.
Although I still won't be having profit when I kept it ( I bought in at 0.00001600 ), I would've made less loss.

Not a big deal

I am 100% sure SC will increase a lot in the following months because I know it has a huge potential.
And I still have half my DGB, so I might be getting some profit from them 😃

Remeber this

Just because you lost some profit short-term doesn't mean you lost it. You still have the same ammount of coins and overtime the value of the coins might increase a lot, stay the same or it might be getting worse.
But remember selling coins low, is never a good idea.

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Siacoin is the coin to go, with great projects upcoming. DGB is great too. let us wait for news.

Hi, @yournews,
First, I am sorry for your loss. I have been investing for 15 years, and such impulsive decisions never made me any profit. So I decided to take time choosing my investments. I really love this advice from Warren Buffett, and I believe that it applies to investing in cryptocurrencies more than anything else!

Second, Why do you think SC is great?
Do you know anything about their team? Their technology?
and do you think that it is better than Storj?

It might still go down, but with Digibyte you shouldn't invest in the short term. The long term is what matters. The dev team is great, but they can't do anything about the price and they don't want to hype it.

True, I think both DGB and SC will continue to rise

What do you think of bytecoin.

Siacoin bro. Siacoin