Steem for Digibyte and then back to Steem Power. My Strategy.steemCreated with Sketch.

in #steemit7 years ago (edited)

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I first got into Steem when the price of Steem was over $3 in July 2016 and over the next few months my investment dramatically declined.

My last bitcoin went into Steem at about $0.09 and so I managed to $ cost average my way back to what turned out to be a great return. This wasn't so apparent 3 or 4 months ago when the price was hovering around $0.07 for a month or two.

I am not a great content creator and so look to investment as a way to get a return.

At $2 or so I couldn't resist powering down and cashing out a fair amount of Steem Power.

However, now I am faced with the decision of what to do with it.

Well, after some has gone into Genesis Mining and BitConnect I have spread the rest out amongst Bitcoin, DASH, litecoin and ETC. This still left me with a fist full of $s and so I was looking for a penny share as an outside bet.

After some research, I think the best crypto to not have realised it's full financial potential is digibyte at about $0.02. There are a lot of digibyte currently in circulation to the tune of $8 billion so I am not expecting $10 a token but $0.30 to $1 seems doable.

The market cap is still under $200 million with a 3 year old project and great development team.

If digibyte realised a 10x or 20x return I will then switch some back into Steem and Power Up for more influence now this HF19 is making the small Steem Power holder a worthwhile endeavor.

Just my ramblings. I love webbot after it originally encouraged me into this space a few years ago and it now seems bullish on digibyte.