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Author Topic: Is it worth to invest in Dash coin?  (Read 385 times)
Prateek_sharma (OP)
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January 28, 2020, 12:40:46 PM
 #1

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?
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January 28, 2020, 01:53:16 PM
 #2

Hello mate, are you sure this is the right place to post it here? This is the Bitcoin Discussion thread!
I think you should move your post here: Altcoin Discussion
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January 28, 2020, 02:21:47 PM
 #3

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?

There was a very big adoption that comes from venezuela and it may have already replaced bitcoin as alternative crypto to be used in their daily need. As long as the adoption keeps growing and 5k looks possible in the next few years. This time the price of DASH looks very cheap to be bought.
The adoption is still growing right now as more people from venezuela aware about this. Just look at the latest news about that and some experts may take it as the main reason

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January 28, 2020, 02:38:42 PM
 #4

In the past few days DASH has experienced a high increase that is also a good sign for the DASH coins in the future, I am not so sure DASH will reach $ 1100 at the end of this year if it is true then what is the price of bitcoin at that time maybe $ 25,000?
Because basically coins like this always follow the movements of bitcoin so it's not so easy to achieve that much.

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January 28, 2020, 08:13:20 PM
 #5

If you think Dash worth $1000 then why not buy it and stack it in your wallet, why do people always come with some valuation, for now, I can't say anyone is using Dash, When it comes to privacy coins Zcash and Monero are better than Dash. If the team behind it can continue with their marketing and find a market for it then never say never


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January 28, 2020, 09:28:27 PM
 #6

Dash is a good coin, it was 100% good investment in 40$ a few weeks ago
right now i dont know if its good investment for short term - but for long term it is a good investment for sure
because the adoption of this coin is very strong and they are innovators in this space
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January 28, 2020, 09:39:40 PM
 #7

If bitcoin goes up to the highest that we can't ever imagine, there's a possibility that it can also be with Dash. The pattern goes like whenever bitcoin goes on high, most of the altcoins are also getting to its peak as well.

There's a tendency that it would go the same and as high as those numbers. Times 10 is possible and even times 50. The all time high was $1200 so it's very likely to get back to that price.

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January 28, 2020, 10:07:51 PM
 #8

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?

Firstly, the future price of cryptocurrency can not be predicted mathematically because the market trend is what determines what the future price will be. Although, DASH is slightly a privacy coin but with it optional privacy/private send transaction and the standpoint of the governments towards privacy coins/transaction it may not clinch the predicted price. But, the coin is not the coins the government listed as privacy coin i will expect it to totally clinch the mentioned price range.

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January 28, 2020, 11:00:03 PM
 #9

It still might be but not to recover and make profit in short tine, most coins with masternode drop a lot in price but if a bull run come then might get a good profit but invest only money that afford to lose.
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January 28, 2020, 11:24:02 PM
 #10

why not dashcoin is quite popular and has potential well seem possible to see some cases that have happened in the crypto market lately ,positive moments due to bitcoin demand levels are starting to improve but I don't estimate 1100 too expect more but disagree ,it's just below could happen around 800 maybe but when more there trend to dash

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January 29, 2020, 12:00:32 AM
Last edit: January 29, 2020, 11:39:28 AM by qwizzie
 #11

Before investing in any cryptocurrency, you first have to understand that cryptocurrency. Let me provide some additional information about Dash.
 
First of all, this cryptocurrency is just called Dash (not Dash coin). Dash has some features that make Dash stand out among other cryptocurrencies :

* Dash network is immune to 51% attacks through ChainLocks, making Dash more secure then other proof of work cryptocurrencies
   (https://dashnews.org/dash-activates-chainlocks-51-attack-protection-becomes-most-secure-decentralized-currency/)

* Dash has instant, secure and low cost transactions, with optional privacy for those that need it
   (https://blog.dash.org/chainlocks-and-llmq-based-instantsend-mean-digital-cash-efe2852da9ca)

* Dash has a decentralized budget and governance system that funds projects that can benefit Dash. For example Dash funds teams on the ground in Venezuela, Colombia, Thailand and other countries
  (Dash is doing particularly well in Venezuela : https://beincrypto.com/dash-may-have-1-million-users-venezuela-years-end/)

* Dash is expanding its use cases by introducing Dash Platform, which will provide :



Source : https://www.dash.org/roadmap/      
Dash Homepage : www.dash.org

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January 29, 2020, 12:33:34 AM
 #12

I havent heard about DASH coin being worth $1100 by the end of 2020 so I cant comment on this number
Its now trading for about 115$ so your guess prediction is almost 10 times the current price
DASH only barely holds its unicorn status but who knows

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January 29, 2020, 12:43:20 AM
 #13



I didn't saw where did they get that number from, it felt like they just made something up basing on some feeling. Dash has a lot of potential but it's going to be really hard to say if the exchanges can act as a fiat ramps with untraceable currencies in the future or how the banks will deal with your money when it comes from private transactions. Assuming one would deal with fiat currency ramps anymore in the future.

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January 29, 2020, 02:19:06 AM
 #14

Considering the increase in the past years in the article, it is stated that it will reach $2k this year. So, will %8000 increase in 2017 guarantee that this year will be so? There is a possibility, but it is far from certainty. We all aware of how price developments are in the market, therefore I avoid suggesting something. It is best to do your own research and invest in what you know is right and avoid such analyzes.
I agree with you. You should spend a lot of time researching to know exactly the potential of that coin and not every coin is good enough for you to make a profit in the near future. I think Dash is still a good choice for investors but the possibility of this coin being manipulated is very high so please consider carefully before investing. I only trade when that coin is potentially profitable for me and of course never trust the advice of others.



                                                                                                                                             
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NathanJB
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January 29, 2020, 02:36:49 AM
 #15

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?


No doubt that DASH is a good coin. It is one of the few solid altcoins. However, I think Dash will have a hard time $1100 by the end of 2020. If the bull run will not falter, it could go up to that point. But we never know how long this bull run will last. As to how much DASH will be in the next 5 years, it is hard to tell. But $5,000 is too high.
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January 29, 2020, 02:53:38 AM
 #16

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?

We'll have to see about that at the end of the 2020 then.

Dash since a few days after new years, has gained a lot of increased until now. The price was only around $40ish on January 4th, but right now the price od DASH is $116.
Is it worth to invest into them? Well... I would say it's worth it, considering the price movements for the past few weeks, but I might be totally wrong. The thing is, don't just believe a prediction by others that easily, especially the long term prediction in the next five year of DASH. Well, your call whether to believe it or not. Just, be careful, alright?
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January 29, 2020, 03:43:38 AM
 #17

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?

No one can predict the price correctly, all only predictions that can be wrong and also can be true. I personally really like Dash coins, Until now I still hold several Dash coins that I bought in 2018 ago, I believe at the end of this year the price of Dash will return to the rate of $ 500.
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January 29, 2020, 04:31:43 AM
 #18

It's hard to predict DASH will reach that price for me to touch it, if a big bullrun comes, it could happen but when will a big bullrun come?
For me DASH has reached $ 600 is good enough and it will be a good coin like other coins.
I saw that within a few days DASH experienced an increase but it was not significant.

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January 29, 2020, 04:51:17 AM
 #19



I didn't saw where did they get that number from, it felt like they just made something up basing on some feeling. Dash has a lot of potential but it's going to be really hard to say if the exchanges can act as a fiat ramps with untraceable currencies in the future or how the banks will deal with your money when it comes from private transactions. Assuming one would deal with fiat currency ramps anymore in the future.
Prediction is always based on the feeling but if you are seeing some latest news about dash and there was a lot of good things happened with this coin.
Just like this one
https://www.investinblockchain.com/dash-adoption-grows-in-venezuela/

If you are actively watching the development of dash and this coin is much better than those bitcoin fork coins. My 2 cents

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January 29, 2020, 05:30:24 AM
 #20

Short term gamble maybe alright.
Long term investment the coin supply does not check out. About 13,4% of new Bitcoins (any ticker) will be available until 2140, rest already mined.
In contrast 50.9% of all Dash still need to be sold. Bitcoin (any flavor) relentlessly cuts its new coin supply in half ever 4 years, the longer, the more pressure on Dash (and others).
Until now the difference was not significant 3.71% dash to 3,23% BTC of the total per year, in 20 years 0,80% dash vs BTC 0,05%
U rater lose 0,05% in value or almost 1% of your stash (or ~2.2% fiat inflation)? Choice is yours.

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