Digibyte sky rocketed during the second quarter of this year. And then before the third quarter of the year started people dump it and turned out to be a shitcoin for others who lose their money due to its fall.
Do you think this coin will have a great future? Base on the photo it looks better than bitcoin when it comes on the speed of transaction. I also tried to send Digibyte before and it is just like sending an sms all you need is a few seconds waiting and your transaction is done.
Time can only tell what will happen on this coin. Many still believes that their will be a miracle on this coin and on the other side people lost their hope.
Digibyte is not bad but it became a victim of pump and dump.
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It's only a shit coin if people don't us it. The thing is many of these coins have no community behind them or publicity which gives them no value. The value now is all in bitcoin as it can be traded and easily attained by everyday people and is becoming even easier as part of ever day life while these other coins are not.
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Long story short: yes I think it's a shitcoin :(
Although any shitcoin can also moon on the onset of good news, which is what Digibyte did earlier this year. There was no follow-up and the news didn't go anywhere, so it went back to being a shitcoin.
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feel bad about it though you have a point because now this coin is not going anywhere.
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I took the chance to get rid of my dead weight coins during this dip... everything is low, so whatever you're changing it for is low too (and may bounce back 20-40% if you pick right)
Suppose you have $100 in DGB.. ask yourself this: If you had $100 today to invest, what would you invest it in? Is keeping it in DGB going to make you money faster than putting it into something else?
It's hard to let go of crypto at a loss. You could try hodling on for the long run. Maybe in the long run it will go up, crypto is a wild and volatile place.
When in doubt, I always do 50/50.. sell half, keep half. Also a good tactic for when you think it's a good time to sell, but are hesitant because it may go up more. Good luck!
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thanks.. that is also what I do 50/50 before regret selling it all or losing the change.
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Also, diversify.. don't put everything in one coin. If you do, you'll get stressed. But if you diversify and something goes down, you'll be able to handle it better because other things will be up.
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i believe it is not a shitcoin bro
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