i'm done,Loaded and ready for liftoff
Wondering; how much DGB are you holding
10000000000000000000000
No i have a good amount of Digibyte. This is for a long term only! I dont trade other coins anymore.
A part of my investment will also be used to promote Digibyte in my store and webshop and other things
Ow yeah and i want a new car before summer starts..
And Motor
And boat
And Holiday
And retire
My wife will be looking for a funeral director that takes it!
You guys are a bit extremist, diversify please dont fail to errors
Extremist in what? That i dont own any other coin than Digibyte and a little Guldencoin is my own theory of minimal risk and a possible maximum reward.
I did trade in the past years. Did make a few bucks here and there but also got scammed. Just as 75% of all the traders.
I'm exhausted of reading every coins forum following every development etc etc. Offcourse i will miss some great coins i know that!But i also miss allot of scamms and P&D's. #preminesafelydumped
I own a store and i have some great plans for Digibyte and Guldencoin and thats where my focus is for now.
And for the boat,house retire thing.. Offcourse that's just dreams that may come true.
But yeah,,I want a new car before summer starts!!
I'm with you Jumbley and 24. Aside from some BTC for trading, I've consolidated all my mining and holdings of digital currency into DGB. Holding for the long-term.
I have a simple response to someone who suggests this isn't a diversified approach. My investments in digital currency are only a part of my overall investments. Are you suggesting that a person who only buys one house at a time is an extremist? Creating a diverse investment portfolio only works if you diversify across multiple sectors and instruments. It doesn't mean invest in lots of different versions of the same thing. It means invest in a diverse range of investment instrument categories (stocks, bonds, real-estate, digital currencies, commodities, etc). And, in each category, make decisions about which instruments are best suited to succeed in the future. I think - based on my research - that DGB is the best coin for future growth as an investment, and - just as important - I really like the professional mentality of the developers and the community. It's a community and project that I support - that's why I'm investing in it ... not the other way around.
RD965: what you're describing "investing in lots of coins," is not diversification; it's hedging. And, it's often a good strategy (I do it too sometimes). But, hedging doesn't really lend diversity to a portfolio - just helps to manage risk. All digital currencies are so risky and volatile, that I can understand your perspective. But, from my perspective, I can tolerate dramatic swings in short-term value. So, to extend your metaphor ... because I think the long-term potential of DGB is fantastic, I'd rather put all my eggs in 1 basket because it's a strong basket that's best suited to carry eggs. That doesn't mean I only have 1 basket; it just means this one is for eggs.
100% agreed!
