Jez everytime i buy DGB the price goes down, so if this coin is so undervalued why is it there has been nothing but sell, sell, sell on Cryptsy for the last 3 days...if its that good a coin why are people selling it...is it just one of them coins that goes up on Hype & down when the hype is over?
Is it a trade only coin...buy on the low sell on the highs?
Im just trying to understand why its such an up & down coin...
If you so called DGB supporters here think its worth 500 sats or more then please explain why you aint buying any now @ 90sats
If you think its that good you like telling me if you thought BTC was worth $500 & you were able to buy it for $90 you would not buy any at that price.....you lot crack me up how you go on about its worth but when you have a chance to buy it cheap you do nothing...great support you lot are
I've bought again recently at 80ish satoshis. If you are unsure you should wait, maybe it goes around 50-60, we can never know. Right now I think it's not a great time to buy nor sell, just wait it out. I did it because I plan to hold it long plan either way (if there's a pump in the next weeks and goes to 150 or so I'll sell again...).
So my advice is that, if you feel this project is not worth the long plan investment, just speculate with it. If you think this will be valued at 500 or more satoshis as you said in the next months, then that question is answered. The coin is great, the people behind it are amazing, but no one can't assure this will really take off...same with Bitcoin really.
Most of the DigiByte supporters already have a stache of coins that they keep for long term. I haven't seen many of them actually buying the coins at 90.
spot on. we may be on the same page, but we don't do the same things (i.e. buy on the same days, buy the same amount at certain price levels, buy at the same price, buy at the same exchange or only at 1 exchange, etc). it is only by chance if we do happen to do the same thing/s. and think about it - how many times have we cross the 90 SAT price level already? several times for the past 1 month. i assume most of us have already taken action back then and fulfill our objectives?
In this cryptocurrency world, price is something we try not to bother so much. like keeping the price floating above a certain price level or establishing a floor price, etc. this is something very foolish to do as a trader or as an investor. a trader/investor never goes "ALL IN". we have our own calculations, strategies, investment portfolio, our own number of coins to own and accumulate, etc. if all of us are freaking rich, you can bet we will be buying in the double digits of millions (i.e. >10 million). but i guess most of us are around the 1-5 million and majority of those are the early buyers. there are some who are on budget and will consider getting only around 100k to 500k.
we adapt to the price, we prepare for the worst and also for the best scenarios. and then we just watch...and only act upon it when something of our interests happens. anything else besides that, we contribute to Digibyte in whatever ways we can.
Peace P.S. correct me if im wrong, but you seemed to be "Buy...ALL IN" at 90 SAT? just to let you know for myself, i don't trade like that. used to but never will ever again. what you are doing and what i used to do...is like trying to be 'smart', to be 'accurate', to think 'we know the price well'. In all truths, nobody knows the price well - when it will move and to where it will move. the moment you think you know the price, you have set yourself down towards the path of losses. the only time you know the price well is when you are lucky. indicators and graphs can only tell you so much, moving average and those kind of statistics. But they are all never 100% reliable.
Why people do this is because they want to maximize their gains. but one must understand such a move is extremely risky. it is not a low risk move. its considered as a high risk move, EVEN if intel tells you price will be like this and like that. The only believable intel is...unfortunately...knowing that a certain whale or whale group is going to pump or dump for real. and then you make your moves before it happens. but it is also why its seen as 'ugly'. in the real world of stocks and shares, illegal - market manipulation, inside info, etc. But if you are good enough as a trader, sometimes there are foretelling signs of a whale group pumping/dumping. one doesn't have to be a whale to manipulate or be part of the P&D Group to earn. if you are that good, people will acknowledge you as good. its not an ugly thing if you can really see those signs. because you weren't part of the P&D group and didn't pump or dump.
Here's what i did (a rough description) for DGB - i put a buy order at around 80-90, 70-80, 60-70, 50-60 SAT price levels. each buy order is worth around 20k-100k. i don't buy all in at 90 sat. likewise, i do the same for selling. what i am doing is to prepare myself for both ups and downs. Conquer the reachable price levels. Environmental Control on all/most reachable price ranges. No Risk. Only Risk is DigiByte dies (unlikely). No Panics. No Impulse. Volatility Proof. Doesn't need a lot of capital if you strategize well. I may be losing opportunities with my BTC/DGB sitting there. But that's how it is. You can't have everything. Either you maximize gains but risk every bit of control or have everything under control with moderate gains. i cant say the same for others that they are doing what i am doing.
May the Trade be in your favors