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Do you think that DASH is a coin that you should invest in? There are so many coins that are basically mimicking Bitcoin but I actually think that DASH has some big potential. The team behind DASH has put a lot of time into promoting the usage of their coin. If you go to their website, you will actually be able to see what stores you are able to use their coin at. The acceptance of coins is the most important part of a coin's growth. DASH is one of the few coins that can actually be used in the real world.
The DASH chart is almost identical to the chart of Bitcoin. When doing technical analysis on it, I noticed that a convergence triangle is forming currently and it matches the volume spikes that have been occurring over the past month. I think that something big is going to happen soon. If DASH crosses above the immediate resistance it may have some potential to bring in a gain.
I think there is certainly good opportunity but you needed to think about these things according to your range of affordability. Right now, there are so many ICOs launching up and they are one that got serious potential! One such is Cryptonetix, it’s not just an ICO but also platform for analytic which makes it all so good! #Cryptonetix
I don't think most people in the crypto space are traders utilizing 5 minute or hourly charts, some might be but the average longer term investor isn't looking for breakouts or inverse head shoulder patterns. I'd venture to say for a lot of your audience might benefit from a standard high, low, close chart with daily ranges. most everyone else probably will do their own chart, just a thought
Blah, blah, blah polishing that crystal ball ignoring the simple fact that all Dash like coins w/focus on POS use case, I.e., TenX, Monaco, Shift share an Achielei's vulnerability that has everything to do with its volatility and spending of appreciating asset is completely counterintuitive. I'm in long hoping their value proposition takes on more viable variation preferably in partnering with infrastructure related platforms...my cut-off is 2x/annum quarterly avg or I'm out...there are more profitable coins out there.
Do it looks true if you only look at surface deep, IT will not stand truth once you compare Dash to TenX, or Monaco in-dept, it will show that Dash has completely different approach, one that is based on a much stronger foundation.
Dash is a crypto-currency which works completely decentralized, and is integrated in services such as Tenx.
Tenx on the other hand requires integrations of coins such as bitcoin and DASH to let their clients load up their "CENTRALIZED wallet-service which requires AML, and KYC, to work properly, please note this also means you could potential get locked out of your funds or have non-working Debtcard in your hands, if something wrong happen while you use their service even if it's not your fault.
Even more so Tenx, depend and working on the back-end of well established credit-card company's, basicly Tenx just slaps on their logo on the card and calls it there own card.
Magnr is a handy cross-platform trading site connected to a few big Bitcoin exchanges. Accounts never require any personal data or identitiy proof. So signup is quick and possible with anonymous data.
Leverage is available at Kraken up to 5x for several cryptocurrency pairs, including bitcoin. The fees are depending on the volume of the margin account.
Bitcoin can be traded on GDAX up to 5x leverage. The margin trading option must be manually turned on the account in order to make sure the users understands and reads the associated risks.
Margin trading is basically borrowing funds to purchase an asset, this allows you to buy more bitcoins that you would normally be able to do normally in the hope of making bigger profits on the price movements.
Advantages of Margin Trading.
The biggest benefit of margin trading is that you can take advantage of the additional funds when the market moves in the direction you expected. The overall profit of the positions once the bitcoins are soled and the loan is repaid is significantly higher compared to an ordinary trade execution.
Disadvantages of Margin Trading.
The disadvantage of margin trading is by nature the amount of risk a margin account can hold. The higher amount of leverage you take the bigger amount of money you can loose in case the market moves in an unfavorable way. Due to the margin call, the margin account must be funded countinuesly that involves significant amount of liquidity. It is only advisable to trade on marking if you have enough experience already on the market. To mitigate the associated risk, many trading platforms only offers limited amount of leverage trading opportunites.