Topic: My first time to invest in crypto BTC, now looking for another coin DigiByte (Read 444 times)

I thank you for the recent replies. This one advice I always do in actualization.

There are a handful of them when we do talk about selections but its no brainer for us to choose on whats on the top ranks at the moment.This is much worth rather than on picking projects or coins which are on low ranks or low caps.

If you do see some project which is really worth for your money then its up to you on making such decision.Just remember on always take precaution and consideration before making any step.
If you dont know on what youre doing then its better to stick with Bitcoin or ETH or top 10 coins in the market.

yes, ethereum is the best choice after bitcoin, but don't forget to buy and hold binance coin too
because binance coin is become the best ethereum competitors in this year in my analysis 

Yes, bitcoin is getting more scarce as time passes. It's always been said the digital gold and not going for long term on it will regret future decisions.
I've learned from my own experiences and that's why longing in bitcoin is always the ideal investment that you'll deal with in cryptocurrencies.

You would definitely ask out this kind of question the same into those other projects which you do saw that it had really that kind of real life usage but still wondering on why its price is still on the bottom.
Im much aware of DigiByte exististence and it did really become popular for sometime and just the same on the rest they do dip their prices in the bottom and never intend to go up or rise again.

You're good that you do have 2 whole bitcoins and if i were you i do rather go stick with top 10 alts instead on considering to top 100,
Its your choice though when it comes to diversification.

If you do saw that Digibyte is good then proceed.

I am curious if many of you out there has these same idea. Don't get me wrong, I want to invest, so meaning I want to gain via slow accumulation of small prices crypto that is a PoW. I just can't find a decent article stating digibyte is bad because it's not working or founder is an exit scam fool, whatever. But you are free to think what I am to you. A schiller? You have your freedom to say it.

A newbie claiming he has 2BTC then all of a sudden stating that he will diversify it to a specific coin? This is surely a shill post. Most of the coin faces same scenario as Digibyte and this user obviously want to hype the coin because he already made a position. This kind shilling will not gonna work anymore. 

You have a lot of cash and I think you should divide it into various investments. Digibyte hasn't reached a certain strength for years. I think you would do well if you allocate at most 20% of your money to Digibyte 

Historically DGB has pumped after several rumor news like Microsoft Azure adoption, Minecraft adoption, CSGO Adoption. All these rumors were fake and its creator Jared abandoned the coin because he wanted to make the coin more centralized. It's hard to tell its future but you can expect a pump in the next bull market. I don't think it's a reliable long term investiment though. Get in and get out when it pumps.

Happy new year. Congrats to that you have 2BTC, its already agood amount considering that there are people who doesn't even own 0.01BTC at all.

If you plan to invest to the next BTC, then pcik ETH. it doesn't even need shilling anymore. But its not just Eth that will also be climbing up. The tokens from 1-50 of coinmarketcap will definitely experience bullrun too when time comes.

To clarify my statement, I am holding BTC and no plans to sell for fiat. If anyone wants to share the next bitcoin feel free to post a reply. I consider DigiByte for pump and dump so it's my risk to take otherwise shill me your coin and I will research on it. (ONLY PROOF-OF-WORK CONSENSUS COINS) Shill me now, Happy New Year!

Yes, I just want to add that the supply of bitcoin is decreasing every year, so automatically the rarer, the price will be higher. it was no different from ancient antiques like treasure.
maybe he should rethink his decision. because having 2 bitcoins for now is not easy for us.

Congratulations on your achievement! I would feel really amazing if I had a whole Bitcoin,,, but I know that everyone has their resources and different circumstances, I am happy to continue being patient and I do not mind using Bitcoin as I collect as well, so that is my other advice. Use as much as you can also, especially if you have to anyway pay for bills and things. Use BTC. It plays a part in helping the economy:)

So if you want another coin, choose something you can also use:)

I understand the coin consist of 5 cryptographic algorithms and multiple blockchains which make it secure but all this still dont change my impression and if I said I dont trust the coin I'm referring to it technology but I was referring to it performance in the market during the upcoming bullish because crypto investors dont buy the technology again.
What they invest in now are hype, trust and community support and the last time i checked Digibyte cause i once read an article where the coin was said to reach $9.20 by the end of this year.

You won't for long term with bitcoin? I think you have to rethink with that decision. That 2 bitcoins you have can change your entire life if you are in long term.
But it's your strategy if you don't do it for long term. And that's just an advice that you might consider changing in the future about holding bitcoin in long term. It is why everyone says HODL.

Thanks for a few people that participated. Yes, I won't hold for long term because BTC is where my heart's at. Thanks and happy New Year!

Commenting about the price; one of the things that adds an increase in a coins price is publicity, that is, what efforts has the team done to bring their project to the eyes of many audience. There are already many altcoins in the market even scanning through top 100 in coinmarketcap can be herculean task for some people, hence in order to make people aware of what you offer, you need to have an active social media channels. Also, having an active social media presence is one thing, having a good and active community is another as they are the ones to share the news.
Furthermore, I do not think it makes sense bombarding negative tweets here and there, if you want to stand out, then get to work, work and prove that you are different, then let the products and services do the talking. Lastly, if you want to hold long term, try and understand the team's urge towards bringing about a decentralized system and sticking to it, because saying it is different from doing the needful and sticking/continually working on it.

Since it has 5 algo and can't be easily 51% attack, which part you don't trust?

It good to diversify one's investment but choosing your investment through the rank on the capital market or via technical analysis doesn't mean the coin is a good investment saying this cause I don't think DigiByte is a good investment although it a forked coin of BTC and it has been in existence for long but I don't trust the coin and I believe holding your BTC is a better decision now.

Cryptocurrency/blockchain is broad and I don't think there's a reason for anyone to offend every new project owner who wants to change the system if they can prove to the communities their true intention so it, not an act of offending anyone but been extra careful due to scam activities done by altcoin teams.

As the subject suggest, I have now now 2 whole bitcoin. Of course, I'm going to diversify and looked into the top 100 coins in the past 3 years via technical analysis and use cases of the project. I have seen a potential in DigiByte to be a payment solution and tried it. I know a lot of people here are maxi (found this word out on twitter) but I always consider majority of people here are into investing/profit gains and not for the real use cases scenario (Let's face it and not offending those who wants to change the system).

May I know why DigiByte is still on rock bottom in terms of it's price to USD? Can't find anywhere why this coin has not mass adopted despite it's good tech, reliable and fast. Do not emphasize Jared Tate (Founder) hitting tweets on exchanges nor participating to be a paid member to list a coin thing (I just read all of those!). What I want to hear is... does the blocksize that getting bigger is the cause and have problems in the future or some technical stuff or might be a flaw on tech, bugs, etc. Those kind of things I am concerned of.

If you are the creator of a coin and bombarding negative tweets every time, I do not care, really! Because decentralization is about getting away from control and let the mathematics do the thing for transactions not 3rd trusted parties sham.