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Digibyte / Bitcoin

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DGBBTC trade ideas

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 ****************************************************************************************** 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
by Taiwan_Bear
2
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.
by TheWolfOfBinance
1