Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
HitTheLow
on 05/10/2017, 16:27:09 UTC
I bought too got excess of over 1million + SC and my average break even is 566 Sats :| bought it around July time

Looking at the chart it hurts bad!

I am tempted to either

a) Buy more to bring my average down so i can try and either minimise my losses and exit quicker (Once price increases which no doubt i am confident it will)
b) Just wait and hope

I am probably going to do both, I see SC doing what DGB did last January completely flopped and went to a really all time low  for a few months- remember DGB at 20 sats last january 2017 before rallying to 2000+ few months later

I am in a position where i can afford to hold long term ( I am a long term holder for all my coins ) Held DGB for 15 Months and paid off really well in the end.

Tough i know and at times i have been tempted over the past few weeks to dump it all and try and recoup the losses by flipping on other coins, however though I have a lot to lose and not in a position for this to be a really bad trade

So I will just Hold Hold Hold till the price increases which i believe it will When is another question but i am prepared to wait another 6-10months with this coin lol

So for now i will accumulate more to try and bring my average down and hopefully once i hit breakeven and my average or bit above then i will exit



Usually when I am losing 70%-80'% on any assett I stubborny hold, since the risk of losing the last 20%-30% of my money is a letter pain than the risk of not getting back my vanished 70%-80'% if/when price will be up again.


is it possible that SIA will be back? which plans on dev?