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Reasons Why Digibyte (DGB) is the Smartest Investment Right Now

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Digibyte
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You have probably heard of cryptos like Bitcoin (BTC), Ethereum (ETH), or Ripple (XRP), which are all well-known, well-established, and successful digital currencies. But have you heard of Digibyte (DGB)? Most people would say no, which is this currency’s biggest problem. In every other aspect, it absolutely shines.

About Digibyte (DGB)

Digibyte is one of the newer cryptocurrencies, which is partially why people have not heard that much about it yet. Still, there are many other cryptos that are not that old, but still are well-known throughout the crypto market, like Cardano (ADA).

The thing that separates DGB from other cryptos is its superior blockchain, which is an absolute masterpiece and is easily one of the best ones to date. It offers high scalability, excellent security, and it is also super fast. So, why is it that so little people know about it? The answer is simply – the lack of publicity.

This is its biggest problem and the sole reason why its price is only $0.034323. However, this is a problem that its team has recognized, and is working hard in order to solve. For example, the crypto was recently mentioned by NASDAQ, and it was said that it belongs to 20 blockchain projects that people can bet their house on. Soon after this comment was made, Digibyte’s value in the investors’ eyes rose sharply, and the crypto saw much more action.

Additionally, the team is also forming the Digibyte Awareness Team, which purpose will be to increase the awareness of this crypto. The result is obvious, and the DGB has started receiving a lot more attention from the media, as well as more users and investors. But, what is it that makes this project so special? Three things, in fact.

1. Digibyte’s blockchain is superior to others

As mentioned previously, Digibyte’s blockchain is extremely safe. This is due to the fact that it uses five, equally-weighted, mining algorithms, where each of them has its own, personal, difficulty adjustment. This is what the team behind it calls a MultiShield. Theoretically, this is more than enough to completely eliminate things like 51% attacks, or hostile hard forks that have been plaguing many other cryptos.

2. Digibyte is young but full of potential

Another reason why buying DGB right now is the fact that it is so young, and not yet known. A lot of people would rather consider buying Bitcoin or Ethereum, but these are the cryptos that have already achieved success. Digibyte’s time has yet to arrive, and getting it early on is probably the smartest move with this crypto. Once people start realizing what it has to offer, everyone will want to get some of it.

3. Invest while it is still cheap

Investing in any crypto is risky these days, but the investors know that it is always better to find an undiscovered coin with the future and buy as much of it as possible than to spend thousands of dollars on a single Bitcoin. DGB is still greatly undervalued, which provides you with a perfect opportunity, and you can buy hundreds of them without even feeling it.

After its price rises, as the experts are expecting to happen, everyone who got an early investment will be glad they did so before it was too late.

Digibyte’s blockchain, and other aspects like an easy-to-use wallet, are features that will definitely put it on the map, and soon. The crypto’s biggest problem is a low level of exposure, and its team is doing everything they can in order to fix that. Soon enough, this will be one of the most popular currencies around, and taking advantage of this knowledge now is what makes investing in it the smartest move of this year.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

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The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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