CryptoMetaTrader

Dash (DASH) is on board the good news vessel

Long
BITTREX:DASHBTC   Dash / Bitcoin
Since its launch date, Dash has managed to become popular fast and has become a favorite with many in the crypto community. Arguably one of the most secured blockchain platforms in the market, many investors and traders prefer Dash due to its cross-border transaction features. Its platform runs on a self-governing protocol by which its number of users actually is the deciding factor as to what the value of the coin will be.

2018 will be a great year for the crypto community as the growth of most altcoins is most probably set to happen. Dash is future proof and ready for the days to come as it has already integrated numerous improvements to its blockchain platform compared to many other digital currencies. This would be of great importance in the highly volatile and competitive world of trading and investment particularly with that of cryptocurrencies.

Dash was officially launched in January 2014 under a different name Xcoin which was then changed to Darkcoin.

Many negative sentiments arose as Darkcoin somehow seemed relevant to the Dark Web which is notorious for illegal activities which prompted the name change.
It belongs to a sub-group of cryptocurrencies known as privacy tokens which include Monero and Zcash.

Arguably, these coins offer better security, privacy, cost and efficiency in general as compared to other coins in the market.

Aside from its secure platform and other features which make Dash a prime choice of many traders, it also boasts of its lightning speed transactions. Regardless of location and borders, transaction types and others, the altcoin delivers fast and secure dealings to its clients. This makes it one of the best altcoin alternative in the market. On average, it only takes 4 seconds for a transaction to be confirmed using the InstaSend feature; a big difference when one has to wait for minutes or hours for a blockchain transaction to be confirmed. Transparency is also another feature or factor integrated with DashPay that further adds to the stability Dash has to offer.

Dash also has a unique interface which makes it able to process transactions off-line. By bridging the gap between the online and offline platforms, it has introduced a new ball game to the crypto market community.

As for predictions made by analysts and experts in the crypto community, despite the recent downtrends and bearish runs, they say Dash will do well this year. They speculate that a market value price of around $ 1,200 USD to $ 1,500 USD is highly probable and would probably happen by the fourth quarter of this year. On the more longer time scale, many experts agree that a $ 5,200 USD market price is probably in 5 years time.

A general rule not just in trade or investment but in business as a whole is, “Buy low, sell high.”. Those who follow this rule are the ones who usually make it to the world’s million list or even billionaires. Those who take the risks gets to harvest the fruits of their actions. Of course, most of them are experienced traders and investors which has done many research and studies to back their investment choice making it as “calculated risks”. If their calculations are right, then the profits are truly rewarding. Those who take risks based on luck and hunches alone usually end up losing with some very few instances of wins. It’s fair to say that seasoned traders and investors in cryptocurrencies place their card on Dash for many good reasons.

The crypto community is quite strong in its sentiments when they say that Dash may perhaps become one of the top crypto coins in the market due to its feature-packed platform.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.