Sia is the first data storage on the blockchain. It exists quite long. You can safely store data on the blockchain, against a very competative price. People can act as hosts to earn coins. You can easily earn 30k coins per year, using the overcapacity of your own computer. For a long time investments in Sia didnt seem to realize interesting profits. That is until recently. Sia act like a bullrun is full on the way already, and even made a 20% gain in a week where all altcoins went down 20%. So, this 'old' boy might be the new gem on the block.
All conditions seem to be ready to go to 4 cents, its ATH, which means investors have the chance to profit 5 times their money. After that, we will see, if it reaches beyond.
Today Sia is down a little. This might be a good buying opportunity.
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Actually it didnt go just down a little. After I published this it went till 14% down. But it is still up around 90 percent from last month. Todays sell off seems like anormal profit taking, a healthy price consolidation. It creates an even better opportunity to step in sia, when you havent done already.
I fully agree with you, I am a longtime follower of Sia and made good money on it. Look at the confluence with the 2021 surge. Good luck... I am carefully buying again.
Trado33
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@frankebizz, I only started to invest in Sia in 2022. But I am impressed by its PA. I was a little disappointed last 3 days, but I kept HODLing and am still in profit. Sounds healthy to accumulate now. It is never bad to be careful indeed. In the long run, I think it will surpass the 2021 highs. Possibly next quarter already.