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Topic: Is DASH still a good long term viable project? - page 3. (Read 817 times)

member
Activity: 1204
Merit: 38
DASH is a more than viable but a little bit underrated coin I think. They are continuously updating about their movements, the trading volume also very high according to the Coinmarketcap. But no one talks about DASH, most of the people are busy with ETC, XRP, NEO, EOS, ADA after Bitcoin and Ethereum. I think DASH is a very good coin for long term profit, even I think this is better than BCH!
I agree with your statement because DASH will be more useful than BCH and it will also be underrated currency still now because people will not came out from a huge investments till now so I definitely think it will be more useful for long term.
full member
Activity: 812
Merit: 114
DASH is a more than viable but a little bit underrated coin I think. They are continuously updating about their movements, the trading volume also very high according to the Coinmarketcap. But no one talks about DASH, most of the people are busy with ETC, XRP, NEO, EOS, ADA after Bitcoin and Ethereum. I think DASH is a very good coin for long term profit, even I think this is better than BCH!
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Of course, without any hesitation Dash is good for investment. You can invest on DASH because of some reason.
Reasons is, 15th rank of coinmarketcap. And It is listed more than 200+ pairs. People using Das for trading and investing a lot of. So I think it can be good near future.   
For short term investment or day trading, I don’t think dash is advisable as you think sir, have you taken time to study their market for that past 12 months ?

It’s only advisable to invest in this type of coin that has lots of uncertainties if it’s for a very LONG TERM investment, there are so many coin like DASH too that I have but I don’t see them as a get rich quick cash as it may take a very long time to double even the investment if it will ever happen, the highest they can go is 150% ROI in years.

The guy's advising on market cap and on the trends of it being used for trading and investing a lot. Could say the same just about for every currency currently in CMC top 15?

Dash is definitely a long termer. A lot of quiet movement now in South America, especially in Venezuela. Maybe once the new president is properly installed all those merchants get a chance to do real business, and you'll see Dash come up properly. Sort of like what darkmarkets did for Monero.
hero member
Activity: 1148
Merit: 528
Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?
DASH is a very good and reliable long term project even though the price has gone down too just like every other crypto currency has a result of this bearish trend but I believe it will pick up too like every other coin during the BULL TREND, so it still very relevant and reliable, just that it’s still among high coins in prices for now but no quantity is too little to invest with on any coin.

I personally have about 5 DASH which I even bought when the price was extremely high though I later sold one when I need cash.
member
Activity: 350
Merit: 10
I believe that Dash is one of the most powerful and well-organized projects in the crypto foreign exchange market. As a long-term investment, Dash is worth buying for the long term, because now it is an undervalued asset with high growth potential.
legendary
Activity: 2548
Merit: 1245
bitcoin or ethereum is a better alternate for dash in these days. this is because when bitcoin fall 1, the other altcoins fall 2. or when bitcoin rises 2, other coins rise 1. so bitcoin is better than dash

Actually i would describe it as when Bitcoin fall all other Altcoins fall too but fall a bit harder and when Bitcoin rise all other Altcoins rise too but rise in general a bit higher.
So there is a bit more risk & more reward to Altcoins.

Ethereum performs the same as any altcoin in that regard, its not like Ethereum is moving totally independently from Bitcoin. When Bitcoin falls, Ethereum falls a bit harder :
 
[im g]https://i.imgur.com/LV4Ms5M.jpg[/img]

So it seems that you just have a preference of Ethereum over Dash as altcoin, which is fine .. we all have our own preferences.
You are not far from the truth mate but I can assure you that the rise of some altcoins doesn’t mot necessarily depend on bitcoin totally, some altcoins rises when bitcoin is down and consolidating which I witnessed in 2017 around JULY and most altcoins I held rose almost 1500% and bitcoin was around 2000 usd then which we didn’t witness BULL RUN until Late December 2017.

Hence, what do we have to say about this scenario, how come most altcoins rose far before bitcoin HIT BULL RUN, what did they depend on then?

You are correct that sometimes Altcoins just move differently then Bitcoin (for example rising while Bitcoin is still in an accumulation phase or falling when Bitcoin is rising).
I suspect this can be due to : pump & dump groups (whales), hype, TA factors or new developments. Or a combination of those all.

Thats why i think we will first see an Altcoins pump for above mentioned reasons and later on a much bigger Bitcoin pump due to institutional investors entering the market and the upcoming halving of Bitcoin's blockreward in 2020.
Calculating if / when to sell can be tricky then.
member
Activity: 459
Merit: 10
Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?
DASH is still a good altcoin and it is really growing steadily. But bad rumors about it have lost a lot of investors' confidence, which is a worrying thing.
I hope that in the future DASH will take steps to develop or change their team to be new and more positive. They will get more affection and positive response from investors. LTC has also been successful recently because of its positive change.
hero member
Activity: 840
Merit: 516
bitcoin or ethereum is a better alternate for dash in these days. this is because when bitcoin fall 1, the other altcoins fall 2. or when bitcoin rises 2, other coins rise 1. so bitcoin is better than dash

Actually i would describe it as when Bitcoin fall all other Altcoins fall too but fall a bit harder and when Bitcoin rise all other Altcoins rise too but rise in general a bit higher.
So there is a bit more risk & more reward to Altcoins.

Ethereum performs the same as any altcoin in that regard, its not like Ethereum is moving totally independently from Bitcoin. When Bitcoin falls, Ethereum falls a bit harder :
 
[im g]https://i.imgur.com/LV4Ms5M.jpg[/img]

So it seems that you just have a preference of Ethereum over Dash as altcoin, which is fine .. we all have our own preferences.
You are not far from the truth mate but I can assure you that the rise of some altcoins doesn’t mot necessarily depend on bitcoin totally, some altcoins rises when bitcoin is down and consolidating which I witnessed in 2017 around JULY and most altcoins I held rose almost 1500% and bitcoin was around 2000 usd then which we didn’t witness BULL RUN until Late December 2017.

Hence, what do we have to say about this scenario, how come most altcoins rose far before bitcoin HIT BULL RUN, what did they depend on then?
sr. member
Activity: 882
Merit: 269
Of a truth the bearish trend that commence early last year has really affected the general performance of all the cryptocurrencies market.  I think we should see dash recovery in some years to come and if we can invest in it now it might do well in future.
full member
Activity: 271
Merit: 100
bitcoin or ethereum is a better alternate for dash in these days. this is because when bitcoin fall 1, the other altcoins fall 2. or when bitcoin rises 2, other coins rise 1. so bitcoin is better than dash

Actually i would describe it as when Bitcoin fall all other Altcoins fall too but fall a bit harder and when Bitcoin rise all other Altcoins rise too but rise in general a bit higher.
So there is a bit more risk & more reward to Altcoins.

Ethereum performs the same as any altcoin in that regard, its not like Ethereum is moving totally independently from Bitcoin. When Bitcoin falls, Ethereum falls a bit harder :
 


So it seems that you just have a preference of Ethereum over Dash as altcoin, which is fine .. we all have our own preferences.

Bitcoin still hold the main key, but as far as i learned from your post if bitcoin domination to the crypto becomes less and less.

Remember when bitcoin gets a little big decrease in the past and there was a huge dump to the whole of altcoin whatever it's major coin or not.
jr. member
Activity: 336
Merit: 1
Dash is a highly successful coin in Venezuela there is a lot of mass adaptability .many merchants are accepting  dash is payment and even most of the money transactions are happening in dash so there is lot of future for dash especially in South American countries
legendary
Activity: 2548
Merit: 1245
bitcoin or ethereum is a better alternate for dash in these days. this is because when bitcoin fall 1, the other altcoins fall 2. or when bitcoin rises 2, other coins rise 1. so bitcoin is better than dash

Actually i would describe it as when Bitcoin fall all other Altcoins fall too but fall a bit harder and when Bitcoin rise all other Altcoins rise too but rise in general a bit higher.
So there is a bit more risk & more reward to Altcoins.

Ethereum performs the same as any altcoin in that regard, its not like Ethereum is moving totally independently from Bitcoin. When Bitcoin falls, Ethereum falls a bit harder :
 


So it seems that you just have a preference of Ethereum over Dash as altcoin, which is fine .. we all have our own preferences.
legendary
Activity: 1302
Merit: 1037
Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?
It being the first coin which implemented the idea of masternode still makes it a good ground to invest, the best coins to buy in the crypto space are not just any random coins but coins that have actually brought real life value to this great community.
You don't even need to just make purchase of the coin to keep and hope that someday you make a lot of profit, you can just setup one or two masternode that gives you daily profit.
member
Activity: 546
Merit: 17
Of course the Dash is one of the best coins that is worth buying, and my advice is to hold on for some time if it can last 2-3 years that will give you a good profit later.
legendary
Activity: 2338
Merit: 1354
For me, DASH is now outdated. There are many new projects now that is much better than DASH. But the project of Dash still active and alive, when you are asking for the long term of Dash, I believe it is good to support Dash for long term position.
member
Activity: 199
Merit: 10
I do not know the Core and DASH ambitions.
But apparently by far I find the behavior of this crypcurrencie very interesting!
It's certainly an elegant project and the chart shows strong valuations in periods that favor such movements.
When you think of anonymity and value reserve at the same time DASH is remembered by many traders and investors.
But if you asked about long term then it is because you believe someone will pay more dearly in the future, right?
member
Activity: 616
Merit: 30
Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

Yes obviously you do not need to doubt about them. They are surving long time in the cryptocurrency market buddy. All you need to do is just be calm and keep your funds in the wallet itself for the next bull run.
Now already today price spiked little in the price chart. How it grow more in coming days.
Dash is one good alt in general that can be trusted for long term holding,it was standing in this market for how many years now and though the value drops(of course together with all the coins and also tokens) i am still confident that my Dash in wallet will bring me good profit and usage in future.the team is not sopping to innovative works for the benefits of dash community so just Hold and keep the patience dear mate
legendary
Activity: 2548
Merit: 1245
New month = New longterm price chart from Dash on Poloniex through tradingview.com
It has two MACD's (1 default, 1 popular on tradingview) + RSI
Disregard volume on this chart as most Dash trades takes place on other exchanges. It does provide the longest interval (1 month), which gives a better longterm overview  
 


sr. member
Activity: 1344
Merit: 459
Vave.com - Crypto Casino
as long as there is still a movement of price fluctuations, especially the fast movement of the highest price to the lowest price, or vice versa, I think it is still relevant to trade and get profit.
member
Activity: 238
Merit: 10
Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?
Dash was formed by people who were disappointed by Bitcoin's scaling direction.
Bitcoin Cash seemed to overpower Dash in terms of community, but the hash war really destroyed it.
It's not impossible that Dash comes on top after all.
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