Digibyte (DGB) – Low volatility is a nice opportunity to accumulate05/04/2019
The crypto market has been
very volatile this week. Some cryptos have gained and lost in the double
digits. However, Digibyte hasn’t moved much. Its upswing in this week’s pump
wasn’t big, and its losses in the ensuing correction has been minor too. This
may not feel so good in the short-term, since a DGB holder may have missed out
the massive gains, such as those recorded by LTC for the last couple of days. However,
this is actually an opportunity for long-term DGB investors. That’s because, this
low volatility makes it easy to accumulate on DGB with a target of the next 3
to 5 years. But one may ask, what guarantees are there that Digibyte will ever
rise? After all, it has been constantly accused of lacking coherent leadership,
Well, for anyone who truly understands decentralization, leadership in the conventional sense of a company is not needed in DGB. That’s the epitome of a centralized system, and DGB is decentralized. Beyond the leadership debates around Digibyte (DGB), the core fundamentals of this crypto point to a future where it could grow in value exponentially. For instance, the cybersecurity market is on a growth trajectory. Not only are hackers getting bolder, they are also getting more sophisticated in their techniques. This means that organizations and individuals will be increasingly looking for the best in the world of cybersecurity.
Digibyte (DGB) is slowly but surely cutting a niche for itself in this market. DigiID, one of the more prominent products of the Digibyte blockchain, is growing in adoption in this market. AntumID has opened it up significantly, with DigiID chrome extension. The ability to log into any website without requiring an email or password is revolutionary. Since DigiID is secured by the decentralized Digibyte blockchain, it is likely to gain trust quite fast. This guarantees Digibyte (DGB) growth in the long run. That’s because, with millions of people owning a DGB wallet, Digibyte becomes the altcoin they are likely to interact with most, once blockchain goes truly mass market. On this basis, it makes a lot of sense to accumulate on Digibyte at current prices.
On top of that, Digiassets are coming and will revolutionize the security tokens market. Security tokens will become a big deal in the future for the opportunities they present to the capital markets. They create a scenario where a company can rise capital from all over the world without the restrictions of the IPO model.
The number of exchanges applying for licensing to issue security tokens is on the rise all across the world. This means that platforms that facilitate their issuance have much leeway for growth going into the future. Digiassets will thrust Digibyte into this market. Given that Digibyte (DGB) is one of the most secure and scalable blockchains in the market, it follows that Digiassets has the chance to go big in the future. This makes accumulating on Digibyte (DGB) at current prices a logical step to take. It’s definitely one of the best projects to hold for anyone with a long term vision of crypto as an investment.