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RE: DigiByte (DGB): Ready for a 520% Profit Potential? Check out this Blog Analysis!

in #bitcoin7 years ago

I get what you say, but sometimes with a coin you don't have too much confidence in (like DGB for me!) , you want to cut your losses and put what funds you have to work elsewhere. I bought into DGB at a peak on a whim, and have lost half of what I invested. However, rather than wait for a spike, it is possible to recoup that loss on a coin that can post 100% gain.

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That why I don’t invest into coins I don’t believe in. As if it gets dumped on. I would rather hold a coin that has a future.
Also do the research first before you buy a coin. Buying on a whim. And all your doing is chasing. Same as going to a casino. I hold no Dgb. I stick with what I know. Eth. Ltc. Dash. Ripple. Eos. Steem. Bts. Zeph.
Research first. Fundamentals. Marketing. Development team. Progress updates. Utility.

buy more in the dip to reduce your lost?