After Bitcoin and Litecoin, a new safe haven: Decred !
I will introduce you not a successor BITCOIN in the sense that it could eventually replace the latter (flippening in jargon)
But a continuation Bitcoin intended to be an essential store of value alongside Bitcoin and Litecoin!
This "BITCOIN SUITE" as it was originally called, was created by some of BITCOIN's talented developers,
especially by the well-known Charlie Lee, also co-founder and developer of LITECOIN.
In 2016, it was renamed DECRED, for DECENTRALIZED CREDIT, to underline its desire to be much better decentralized than is Bitcoin.
I'll detail the fundamentals in a future post, and why if there was only one cryptocurrency to HODL, it would be obvious to me DECRED !
In the meantime, here's on the chart my entry point, and what appears to be bullish chartist indicators
All the better if the entry point is better for those who are not already on DECRED, but it isn't very important as a means of saving for the long term... the main thing in my opinion is to have one, and it is now easy to obtain several DCRs out of the only 9 million available (21 Million futures like BITCOIN)
DECRED is available in particular on BINANCE. See you soon for the rest of this presentation!
If you like the idea, please push like and subscribe, it motivates me to post ideas more often.
But a continuation Bitcoin intended to be an essential store of value alongside Bitcoin and Litecoin!
This "BITCOIN SUITE" as it was originally called, was created by some of BITCOIN's talented developers,
especially by the well-known Charlie Lee, also co-founder and developer of LITECOIN.
In 2016, it was renamed DECRED, for DECENTRALIZED CREDIT, to underline its desire to be much better decentralized than is Bitcoin.
I'll detail the fundamentals in a future post, and why if there was only one cryptocurrency to HODL, it would be obvious to me DECRED !
In the meantime, here's on the chart my entry point, and what appears to be bullish chartist indicators
All the better if the entry point is better for those who are not already on DECRED, but it isn't very important as a means of saving for the long term... the main thing in my opinion is to have one, and it is now easy to obtain several DCRs out of the only 9 million available (21 Million futures like BITCOIN)
DECRED is available in particular on BINANCE. See you soon for the rest of this presentation!
If you like the idea, please push like and subscribe, it motivates me to post ideas more often.
Comment:
I spent so much time on Decred's fundamental study - considering a long term placement - that I did not give you an interesting chart analysis on this first idea. Here then follows, entering more in detail on the fundamentals but also with a little chartist study already more advanced:
