Bought 66k Siacoins

[Sy]

Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?
Link: https://coinmarketcap.com/currencies/siacoin/

Genuine feedback will be much appreciated.

In my opinion, you bought SC at a bit higher price. SIA is a good coin and if coinbase adds SIA to their exchange then it could really fly from here. I remember when coinbase announced that they were exploring SC coin and the price skyrocketed real quick.

[Warkop]

It's not so good idea to invest all money in one coin. You should think about devirsification

Yes, it is not a good idea to invest money in only one Altcoin, but maybe he sees that the price of Siacoin will be high in the future, therefore he wants to keep it until the time set by him, I think Siacoin looks good if he is very good at trading There is nothing wrong with putting money into one Altcoin, because he may be able to assess and see a graph of how the Altcoin will move in the future.

[Zeehaxan]

I think if the siacoin repeats its historic bullish patterns then you can definitely make good profit so with expectations of bull market it may take few months before the price moves big time or if you are contented with small profit then surely you can take and it will not take long.

[@baoli]

I think you are asking this in a bit of wrong time because you have bought already. SC has been moving up for long time now and look a little bit over bought. If you get some +ve then good for you.

[ScamViruS]

Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?
Link: https://coinmarketcap.com/currencies/siacoin/

Genuine feedback will be much appreciated.

Since you have already bought, now you can hold and see the result. I hope you have a solid plan for Siacoin. Because Siacoin has pumped enough now, it is not possible to say which will be the next target in the market. If you have done the analysis before you buy, now it seems to me that this is not the right time to buy siacoin. And for those who buy FOMO, market changes don't matter much.

[Swordsoffreedom]

SIA coin is not bad choice, I’m holding some too, it has  a good market cap, on last week I’ve seen its price was around ~0.0036usd and now it is touched ~0.005+ usd, I think it will grow more and there is a possibility to touch 0.01$ per coin very soon. A correction may come but nothing to be worried cause SIA has a glorious historical background you know.

[Renampun]

Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21975 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?
Link: https://coinmarketcap.com/currencies/siacoin/

Genuine feedback will be much appreciated.

Siacoin has good prospects...
In the future, cloud storage will be very much needed and this will automatically make Siacoin bullish, btw currently the price of Siacoin is around $ 0.004 and its ATH is $ 0.1, surely Siacoin can return to its highest ATH.

[Jackl87]

Siacoin is around for a few years now. Back in 2017 i mined a few 1000 coins myself.
I think one of the things that is a little awkward about it is the fact, that there is no max supply.
That could prevent the price of the coin to rise stongly.
On the other hand if a lot of people start using Sia to store their files, than a lot of siacoins will be needed.

[hassancisse]

i have been studying this coin for over a year now have not just made my decisoion about my stand on it because i see project that are ahead of it and im definitely working on. I will definitely check it out soon

[Shasha80]

In my opinion Siacoin is not a good coin for investment, because based on my analysis the price has since reached an all time high.
Not showing good progress, I prefer investing in altcoins with clear track records, such as Ethereum and Ripple. Or choose popular
DeFi projects like Chainlink and LEND which are more profitable.

[Rengga Jati]

This has been a long time that hype is for SIA coin. The progress of the price rate of SIAcoin has been always decreased since 2018. And until now, it still doesn't increase significantly as the other altcoins. If we look at the chart here:



What do you think of the progress of this coin? The price is likely sideways, not going up significantly. Really so far from its ATH and the volume is also not changing much. rather than investing in this coin, I will prefer to others, analyzing more to the chart and also the market.
I do not want to make you pressed because of this, but exactly, you must wait for long term investment and analyze the chart whether it is always decreasing again or increasing.

Sc: https://coinmarketcap.com/currencies/siacoin/

[ImThour]

Quick update guys.

I bought 66k Siacoins @ $0.004 and now it's $0.008.
I'm still holding them and let's hope they reach $0.1 in some years.

Cheers!

[ImThour]

Hey,

I have bought 66,107 Siacoins for 0.00495 each resulting in 327.21 USDT.
What do you think of this investment, is it going to be +ve or -ve in the long run or in a month?
Link: https://coinmarketcap.com/currencies/siacoin/

Genuine feedback will be much appreciated.

Tip for Everyone: HODL is the key.
All these are now worth 2454 USDT making me a profit of 2127 USDT.