3 Fundamental Reasons to Buy DigiByte (DGB)!
In this quick breakdown of the #DigiByte #cryptocurrency, I will show you why you want to buy units of #DGB, and this time, ZERO technical analysis will be involved! :)
My general thesis is that DigiByte's underlining #blockchain is far superior to that levered towards most other #altcoin assets; DigiByte meets the core elements of what I term a "3S Blockchain" -- Swift, Scalable, and Secure!
Without further ado, here are the 3 reasons why you should buy DigiByte!
Superior Blockchain
As I just mentioned, DGB is a 3S blockchain, but exactly how is the DigiByte blockchain superior? Obviously, security is a major concern in the blockchain industry today, but one of the unique measures that DigiByte takes is that it incorporates five mining algorithms that are equally weighted.
According to the DigiByte website, "Each algorithm has its own difficulty adjustment that is weighted against the other algorithms in a dynamic process known as MultiShield."
In theory, the DGB blockchain should significantly cut down on issues impacting Bitcoin and the broader cryptocurrency sphere, such as "hostile" hardforks, or the dreaded 51 percent attack.
DigiByte is Extraordinarily Young
The general public wants to jump in on Bitcoin and Ethereum after they've already made their massive moves. But astute investors such as yourself want to get in before the initial wave hits.
That fits DigiByte to a T! Check out its volume distribution:
The vast majority of activity occurs in the Bittrex exchange, which many have taken to call Sh-ttrex. For sure, this isn't a great look today, but remember, Apple and Microsoft once started off as penny stocks and look where they are now!
I genuinely believe that once more people understand the underpinnings of the DigiByte blockchain, they'll flood into this altcoin -- more volume, more exchanges, a more robust DGB economy!
Best Practical Value for Your Money
This is more of a psychological argument, but investors will likely interpret DigiByte as the best value to put their money at risk.
Today, many investors are hesitant to invest in any cryptocurrency asset because they believe the myth that the entire sector can go up in smoke in the blink of an eye. Under that thinking, they're not going to risk $10k for one unit of Bitcoin. But they will risk a few hundred, perhaps a few thousand, into 3 or 4 cent DGB.
They'll be further emboldened when they learn about DigiByte's superior blockchain, and its exceptionally well-presented website and marketing endeavors.
Thanks for reading and be sure to check out my next crypto update!
#cryptoupdate #digibyte #dgb #blockchain #cryptocurrency #altcoin
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Wow, I almost forgot that Digibyte existed. I used to own this coin a while back, but my attention was taken away by other projects. Thanks for reminding me about this little unknown gem.
Definitely! Right now, it's literally lost in the shuffle, but once people realize it doesn't belong in the sh-tcoin pile, we'll likely see phenomenal gains! :)
Youre right sir.
Like mcjohncafe saw this coin is sleeping elephant.
More faster than bitcoin.
And many fuction, one of the best crypto
100% agreed...this is one of the most impressive blockchain projects I have ever seen! :)