Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Ani1985
on 23/05/2019, 05:23:35 UTC
Bought some SIA 22 months ago near the high for the long term HODL
Lost 60% in USD value and 95(!!!)% in BTC value since then.  Roll Eyes  Cry
Since it has not made a good pump like many other coins I am now willing to sell.

1.) Volume on exchanges is very low
2.) I still can not store the SIA in my Ledger oder Xaurum wallet => Exchange storage is dangerous
3.) Coin progress is slow (not a SCAM I think but slow)
4.) Other projects could outrun SIA

I think I will sell half of my position for EOS und HODL the other half on the exchange. Maybe the smaller coins like SIA will have also a pump soon!?
Learned  my lesson: Don´t HODL this little coins, only trade them for short term.

If you are a long term holder why sell now if Sia is sitting on the btc pair support level? Bitcoin and all these coins have market cycles. I cannot guarantee it but most probably Sia will pump again to it's ATH in the next bullrun and so are most of the other coins that are active and trading.
Investors must be prepared to lose, I agree that making SIA Coin for the long term is a good solution for profit, I also buy when the price is $ 0.007 cents and now the price is less $ 0.003, waiting for profit is certainly the right solution rather than cut loss.