Re: [ANN] Sia - Decentralized Storage

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

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.

If you believe in Siacoin then what you guys must do is dollar cost average your position just like any other coin such as Bitcoin. So if you bought let's say $1000 at $0.007, you buy another $1000 at $0.003 then when eventually goes up again to $0.007 you sell your position or keep a moonbag for more profit. I am not giving financial advice. Just telling what I do if I am losing money on a coin that I believe it will go to the previous ATH.

Compared to my other HODL coins, don't have enough in comparison to those HODL'ings for doing your 'good advice' above for it to really matter. Also not getting the wallet to work,
ever, is the other problem (win 10). Gave up after 5 tries on 2 laptops (one 2011 and one Alienware 2018). Thus stumped.

Thus a 'buddy' is holding my siacoin for me....eventually, I'll get motivated and just have him 'liquidate' to a more promising coin. But hope 'springs eternal' don't ya know