DGB - another great long term hold
Hi All,
DGB is another great alt coin to hold long term.
Reasons for investing in DGB:
> Top 53 altcoins by market cap
> Great dev
> 96% drop since All-time-high
> Been accumulating for 4 months around the 0.886 retrace @ 0.00000341 & 2 months below the 0.886 retrace
> DGB price turning upwards with the possibility of cup and handle formation
If you are a risk averse person, wait for DGB to pull back to retest the trendline (in white).
This may not be a great investment if you are looking for short term profits.
Taiwan Bear
******************************************************************************************
Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.
Some tips for you:
- Set up an entry/exit strategy for every trade, with the ideal risk/reward ratio (2+)
- Understand that every trade carries a risk, and don’t expect you can make profits from every trade
- It is not recommended to use leverage in trading Cryptos due to its volatility
DGB is another great alt coin to hold long term.
Reasons for investing in DGB:
> Top 53 altcoins by market cap
> Great dev
> 96% drop since All-time-high
> Been accumulating for 4 months around the 0.886 retrace @ 0.00000341 & 2 months below the 0.886 retrace
> DGB price turning upwards with the possibility of cup and handle formation
If you are a risk averse person, wait for DGB to pull back to retest the trendline (in white).
This may not be a great investment if you are looking for short term profits.
Taiwan Bear
******************************************************************************************
Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.
Some tips for you:
- Set up an entry/exit strategy for every trade, with the ideal risk/reward ratio (2+)
- Understand that every trade carries a risk, and don’t expect you can make profits from every trade
- It is not recommended to use leverage in trading Cryptos due to its volatility
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