Accumulate DGB??? YES! LONG TERM LONG!Unfortunately DGB seems to be in a downward trend. This is despite the recent public attention it has been getting.
DGB has recently hired a marketing firm to better public awareness, DGB is releasing iOS/Android wallets, DGB is being built on with DAPPS such as Loly, DGB is soon to hard fork to update and better the mining algos and a few other parameters to better decentralisation and the security of the network and finally a one click miner is even being developed by DGB enthusiast Patrick Wieland.
www.reddit.com
Above regarding marketing. Marketing has been one of DGB biggest weak points and this should help remedy the problem.
youtu.be
Above regarding mobile wallets. The current mobile wallet - android - has long been outdated and ios/android lite wallets will open up a whole new market in develop-ping countries - especially India where DGB seems to be extremely popular.
youtu.be
Above regarding Loly. The creator of Loly the DAPP brings up extremely good points on decentralisation, immutability and the scaling capabilities of Digibyte of which Ethereum lacks all.
digibytefoundation.org
Above regarding the fork.
The fact of the matter is Digibyte is awesome technology it is only a matter of time before people realise this. Digibyte is hands down much better than Litecoin. For full disclosure I do hold great amounts of both, but I am a firm believer in DGB and will be accumulating more and more.
youtu.be
Digibyte's biggest problem so far, is the overall market. As BTC suffers and even goes up, DGB go down, as DGB goes down less people buy into it. I will be using this opportunity to accumulate the coin it will eventually POP!
Heiken ashi and RSI/MACD indicators both tell us that DGB is going down, slowly. The trend however will start to taper of and slow down over time. We will eventually get to a floor. I predict it will be around the 250 to 300 satoshi range.
For now I will hold what I have and accumulate more at the given targets. A reassessment might be necessary in the short term as DGB brings rolls out more news and developments in the coming month of March.
IN SHORT - this is a long term LONG CALL! I am however not responsible for your money please do your own research. DGB could easily get over the 1$ mark before this summer, and it will as it starts to build positive momentum.
This is not financial advice and I am not a financial advisor.
Best of luck,
X
