DIGIBYTE: LISTING ON EXCHANGES = 15.08% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 6th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 15.08% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 4: Abra the first and only all-in-one app adds Digibyte to its app (Abra is an app that allows users to buy, sell and store over 20 cryptocurrencies and 50 legal currencies)
April 4: OkCoin (Korean cryptocurrency exchange) adds support for Digibyte.
April 6: Exodus Wallet adds Digibyte support.
April 14: Proposal that Digibyte will fund David Hay's Cúcuta humanitarian project.
April 18: South African cryptocurrency exchange Artis Turba adds Digibyte to its list of tradeable cryptocurrencies.
April 25: Digibyte releases their Android wallet.
April 25: Digibyte officially announces Digi-ID (integrated with their wallets). This is a DigiByte Blockchain-powered authentication service that can be used to replace username & password combinations and even 2FA. This allows users to register and login to any website or webshop with a single click or QR code scan.
April 26: Digibyte announces their IOS wallet (beta).
April 30: CryptoLark (Youtube Personality) has interview with Jared Tate (founder and creator of Digibyte). This has generated publicity for the cryptocurrency.
(NEW) May 4: Okcoin (Korean exchange) lists Digibyte.
(NEW) May 7: DigiByte annnounces that is now ready for cross-blockchain The Blocknet (The Blocknet orchestrates dapps and smart contracts into a "token ecosystem" via blockchain routing & decentralized exchange).
These factors have together with the substantial increase in trading volume (as a result of a Dibyte's listing on The BlockNet and Okcoin) have led to its increase in price.
DGBBTC trade ideas
DGBBTC BITTREXEntered into DGB as it was looking decent for another push. DGB has been respecting its new trend line on multiple occasions and seems like it will continue to do so for the time being.
After breaking through a 4hr resistance and retesting, I made an entry. A bullish engulfing close on this 4 hr candle could indicate it will head up to retest previous high at roughly 530 sats.
Digibyte 4HR Decision Time!Digibyte RSI reaching a decision point. MACD is turning, but as with all ALTS, the state of BTC will play a major role.
If BTC stablizes in a trading zone, look for DGB to resume the climb. If BTC continues to fall, expect DGB to bleed down to next support.
This week Digi-ID will be released. Given the growning DGB community, overall bullish sentiment and constant shilling, look for a run throughout this week.
DGB BTC Getting ready for the MOVE!DGB LOOKING BEAUTIFUL
1. Price Level double bottom
2. RSI Gaining strength Momentum Increasing,
3. Bottoming the Drawn Channel.
4. 4th Wave Perfectly lands on Fib levels.
ALL ARE BULLISH SCENARIOS !
5th WAVE HERE WE GO!
I find that the harder I work, the more luck I seem to have.
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DGB - another great long term holdHi 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
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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
Digibyte is on fire, most decentralised most long-term potentialWhat makes DigiByte More Secure?
Global Decentralization
The DigiByte blockchain is spread over a 200,000+ servers, computers, phones, and nodes worldwide.
5 Mining Algorithms
DigiByte uses five secure and advanced cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains.
Advanced Difficulty Stability
Difficulty adjustments protect a blockchain from several forms of malicious attacks. By creating and implementing DigiShield & MultiShield, DigiByte has the most advanced difficulty stability of any blockchain in the world today.
What makes DigiByte Faster?
15 Second Blocks
DigiByte has the fastest block speed of any public UTXO blockchain in the world today with 15 second block timings.
Early SegWit Implementation
Segregated witness allows for several innovations to occur on top of the DigiByte blockchain such as cross chain transactions and single confirmation transactions.
Blockchain Rigidity
DigiByte transactions, unlike other transactions on other blockchains, are limited in size and scope to increase speed, efficiency, and throughput. Most importantly this maintains security.
What makes DigiByte Forward Thinking?
Cybersecurity
DigiByte Blockchain technology can be leveraged and applied to applications, fixing 90% of the most common vulnerabilities affecting the internet today.
IOT Devices
The future of DigiByte includes the focus of applying DigiByte security to IOT devices and services that require robust communications.
Artificial Inteligence
By combining advancements in DigiByte Blockchain technology with artificial intelligence, we are exploring new innovations in automation and data analysis.