Update on: A newbie on cryptotrading...omg

in #cryptocurrency7 years ago (edited)

Hello good people,

today an update about my crypto portfolio. Tbh... there hasn't been much of a change since my last post. I have invested in Digibyte and Siacoin 3 weeks ago. Both currency dropped dramatically since I bought them..Especially during the big crash.

  • Digibyte went from my 1171(where I bought) to 764
  • Siacoin went from 680 (where I bought) to 527

And well.. I bought the BTC for this whole "newbie attempt on crypto" at a peak of BTC with about 2700 USD.

So in summary I lost:


46%

Well.. that happens if you have not idea what you do. I asked a guy that has more knowledge into all this and he adviced me to HODL. Well and this is all I do atm. Boring but looks like there is not much else... Hope to give more interesting stuff next time.

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Have a look at my analysis , DGB Fight isn´t over yet.
https://steemit.com/trading/@steffen/dgbbtc-hope-ya

Thx for your advice! Just looked into it and I hope you ll be true.

Hi @schneidor. Siacoin should be held for a longer period. Don't judge in 3 weeks. It touched 800+ already. Next release is coming in this month.

Yeah that is what I've been told as well. Hope to get some benefit in the long run. You only hear the "phantastic stories" about crypto in the web... you get the impression that there is on one way. And this is up. Well...

When I started investing in Crypto, I felt the same...:P

Same here, i bought Sia at 640. Just HODL. Trendline is looking good in the long run.