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Topic: Bought 66k Siacoins - page 2. (Read 191 times)

hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 29, 2020, 08:33:55 AM
#13
I see it.

Siacoin is pumping and is 19%+ currently.

Don't wait for too long and don't think for bigger returns if you want short term. But for long term, we can't determine it however, I saw siacoin has been one of the altcoins that's been stable on its ranking.
full member
Activity: 1386
Merit: 101
ComboLabs
August 29, 2020, 08:14:26 AM
#12
In my opinion there is still a potential return to $ 0.02, but that is also not certain because if you look at the ROI SiaCoin is very profitable for investors,
just realistically, you can sell it when you are profitable
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
August 29, 2020, 08:13:25 AM
#11
Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?

Genuine feedback will be much appreciated.

You FOMOed right? The RSI and Stoch shows that it was close for being overbought. But there is still some space for price growth. I’m a fellow investor of $SC before but I decided flip when the project become stagnant last 2018. The price might suffer some major correction soon and I think that is the perfect timing to enter on this coin but if you are planning to hold it for long time then it’s OK.
Sorry, I am not sure what FOMOed means.

Is it possible if this coin can even touch $0.1 or something? And about long time, what is your expected duration?

0.1$ is too high as target take profit considering Siacoin has a 41.8B circulating supply and the ICO madness was already which is the only reason reach 0.11$ that time . Maybe 0.01$ to 0.05$ is possible to achieve for a long term investment but don’t expect that much since this coin just recently finish the elliot wave cycle which means it’s on retest. If this coin didn’t break the 52sats resistance then it suffer a major correction. Watch out on that price level.
Do you suggest me to withdraw from this decision or wait for atleast a month? Not sure when the correction will occur.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
August 29, 2020, 08:02:50 AM
#10
Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?

Genuine feedback will be much appreciated.

You FOMOed right? The RSI and Stoch shows that it was close for being overbought. But there is still some space for price growth. I’m a fellow investor of $SC before but I decided flip when the project become stagnant last 2018. The price might suffer some major correction soon and I think that is the perfect timing to enter on this coin but if you are planning to hold it for long time then it’s OK.
Sorry, I am not sure what FOMOed means.

Is it possible if this coin can even touch $0.1 or something? And about long time, what is your expected duration?

0.1$ is too high as target take profit considering Siacoin has a 41.8B circulating supply and the ICO madness was already which is the only reason reach 0.11$ that time . Maybe 0.01$ to 0.05$ is possible to achieve for a long term investment but don’t expect that much since this coin just recently finish the elliot wave cycle which means it’s on retest. If this coin didn’t break the 52sats resistance then it suffer a major correction. Watch out on that price level.
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
August 29, 2020, 07:52:40 AM
#9
So I wouldn't be surprised if there will be some corrections going to happen to in the next couple of days. I don't know what price you buy this coin, but if you are looking for a long term hold then I would say go for it and let's see if your gamble paid off in the future.
I am willing to go for long term hold, no issues. Hope it pays off haha.
hero member
Activity: 2842
Merit: 772
August 29, 2020, 07:44:13 AM
#8
It's already listed on some reputable exchange like Binance so I wouldn't say that it is a shitcoin and there's a lot of promise on Siacoin before. And it is still cheap right now, and it seems it is gaining some steam as it is up by +20%. But I do agree that it is already in the overbought zone, meaning it is already in a bubble phase.

So I wouldn't be surprised if there will be some corrections going to happen to in the next couple of days. I don't know what price you buy this coin, but if you are looking for a long term hold then I would say go for it and let's see if your gamble paid off in the future.
hero member
Activity: 2660
Merit: 551
August 29, 2020, 07:35:36 AM
#7
i also have SIA coin, they just released SiaStream application, and it seems that development is getting some pace, but price have already risen and one should expect consolidation, but in the long term, i expect SC to go up
of course, you should think for yourself, this is just my point of view, not financial advice
I am not sure if i did the right thing by investing in this, I was previously holding ETH.
I hope this decision will be right and I am willing to wait till the end of 2020.

It looks like you need to learn more, FOMO means Fear of Missing Out. How do you come to the conclusion to shift your funds from ETH to Sia? There is an old thread: What do you think about Siacoin?. I guess the best thing for you right now is just wait, maybe down the line it will experience a growth in the next two years or so. Best of luck to you,
sr. member
Activity: 2366
Merit: 332
August 29, 2020, 07:33:31 AM
#6

I hope this decision will be right and I am willing to wait till the end of 2020.

This is a short time to expect such profit for that investment except the expected bull starts happening. I think the coin is showing overbought maybe a correction might come first but be hopeful.
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
August 29, 2020, 07:15:20 AM
#5
i also have SIA coin, they just released SiaStream application, and it seems that development is getting some pace, but price have already risen and one should expect consolidation, but in the long term, i expect SC to go up
of course, you should think for yourself, this is just my point of view, not financial advice
I am not sure if i did the right thing by investing in this, I was previously holding ETH.
I hope this decision will be right and I am willing to wait till the end of 2020.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
August 29, 2020, 07:13:35 AM
#4
i also have SIA coin, they just released SiaStream application, and it seems that development is getting some pace, but price have already risen and one should expect consolidation, but in the long term, i expect SC to go up
of course, you should think for yourself, this is just my point of view, not financial advice
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
August 29, 2020, 07:12:14 AM
#3
Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?

Genuine feedback will be much appreciated.

You FOMOed right? The RSI and Stoch shows that it was close for being overbought. But there is still some space for price growth. I’m a fellow investor of $SC before but I decided flip when the project become stagnant last 2018. The price might suffer some major correction soon and I think that is the perfect timing to enter on this coin but if you are planning to hold it for long time then it’s OK.
Sorry, I am not sure what FOMOed means.

Is it possible if this coin can even touch $0.1 or something? And about long time, what is your expected duration?
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
August 29, 2020, 07:09:15 AM
#2
Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?

Genuine feedback will be much appreciated.

You FOMOed right? The RSI and Stoch shows that it was close for being overbought. But there is still some space for price growth. I’m a fellow investor of $SC before but I decided flip when the project become stagnant last 2018. The price might suffer some major correction soon and I think that is the perfect timing to enter on this coin but if you are planning to hold it for long time then it’s OK.
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
August 29, 2020, 07:00:07 AM
#1
Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?
Link: https://coinmarketcap.com/currencies/siacoin/

Genuine feedback will be much appreciated.
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