I plan to convert my Bitcoin to Dash on Yobit. What do you think?

[Zeyazan 204]

In my opinion, you better not ask anyone about it.I think you have to decide for yourself through what you've learned.

To learn from your mistakes and not to rely on anyone's decisions.

[ShakilA 373]

I think this is very good idea.You can convert you Bitcoin to Dash coin and hold them in your wallet

[Ankit Nepal 719]

On 1/21/2020 at 6:13 PM, Brushless4500KV said:

I always check prices on Yobit and I have noticed that these days, Dash coin is experiencing a massive bull run that is still going on. Its value is increasing faster than bitcoin and ethereum and it is also a reputable coin in the market. I thought about the idea of converting my BTC to Dash in Yobit to get more profit until Dash bull run stops. I still haven't done anything and I thought that it is better to consult with you before doing this conversion.

Do you think this is a wise decision?

Dash has been experiencing a massive bull run in terms of its price. But for now the price is been decreasing. But it may again gain a good pace in running forward as well. So it is convenient to convert your  bitcoin to dash. Profit can be gained in near future.

[nasipadang 399]

18 hours ago, Brushless4500KV said:

I usually measure coins against bitcoin because I believe bitcoin is the main leader of the market and it can affect the price of other coins. I found a correlation between Dash and BTC in terms of price movement. Dash often trails bitcoin and this is why I thought about converting to this coin because right now bitcoin and Dash both has fallen a bit and I think if I buy Dash now, it will rise fast with bitcoin's next bull run and gives more profit than bitcoin.

Hmm so your analysis is more on bitcoin? if I follow the concept that you said means it is preferable to increase bitcoin, the thing is if bitcoin goes up automatically the amount of the dash increases and if it is converted again to bitcoin it's likely the amount will be the same but with an increased value.

Actually from the history of the increase in bitcoin it often makes altcoin rise but the increase occurs when bitcoin becomes more slow moving.

 

Edited January 26, 2020 by nasipadang

[shafi123 187]

in market bull run occurs sometime. I think that bit coin is less than dash coin. Dash down in lowly mode but bitcoin when fall its value become very slow.it is better for bit coin to dashh more profit.

[khan22 3478]

This is good that you will convert your BTC into DASH coin because dash coin future is so much bright and good and in the amrket we can make good money and these top coins will give us good profit in short time.

[pakjobhelp 1585]

This is best if you want to hold the Dash coins for long term profit purpose, we believe that Dash coin revise the own price history and halving the price. I convert own coins in the XRP for long term trading purpose. Best of luck 

[Whydoyoucare 1094]

I think dash value right now is great, so i think its a good decision to convert you bitcoins into dash. so its for you to decide mate but still its a good idea for me to convert it.

[Red-Jones 1150]

Is pump and dump altcoin, until the end of December it had a price of $43 and for some unknown reason the price started to rise a lot that until a few days reached $116... in practice the price of Dash doubled in just 1 month. this is the pump and dump scheme

[Crypto22 40]

If you want to convert your bitcoin into dash then i would advise you to convert half coz now dash is increasing but it is possible it can dump also, so play safe and dont invest all money in one coin.

[fatima123 320]

Bitcoin has much chance now to move up so wait if you want investment investment in bitcoin cash then it is not bad choice at all you can do this if you want. Let's hope for best. 

[Nurul Huda 944]

On 1/21/2020 at 9:24 PM, talo122 said:

That doesnt make sense, bitcoin is a better than dash, usually dash follow the Price of bitcoin, cuz dash is just copy from bitcoin that is cheaper, so holding your bitcoin is better for you. 

Your opinion is correct and I agree with your opinion.

Of course bitcoin is better than Dash and other coins because bitcoin is the first coin that has the highest and most popular value than other coins because actually Dash and other coins only follow the bitcoin price so if bitcoin prices are low then automatically the lowest Dash coin prices from bitcoin and vice versa.

[Usman Abdulmumin 354]

This is a good decision fire on and initiate the Exchange is a conceptual approach friend, we all after making profit that what bring us to the crypto. 

[Agios 1763]

Ok bro, of course you have a plan for what you convert your
Bitcoin to Dash on Yobit. whether to trade short term, for investment or for someone's gift. My suggestion is not a wise decision, if you convert Bitcoin to Dash for investment, because I think Bitcoin will be more potential and profitable than Dash.

[Man 741]

1 hour ago, Hiizziiyyungg said:

I also heard the withdrawal fee in Yobit for bitcoin is high and presently there is a bull run on dash so you can go ahead 

to reduce withdrawal fees by converting Bitcoin to dash is a good thing. but if it's for investment, I don't think that's the right idea.

[febriyana 934]

I think you get FOMO or Fear Of Missing Out, right? 

If you think that is right decision, just do it. Before you late take some seat on bullish train. Yeah i think Dash have bull run this month. But i still not interested to buy coin where have bullish trend. I am also reversed to buy coin where really cheap and going dump.

[Brushless4500KV 4214]

19 minutes ago, febriyana said:

I think you get FOMO or Fear Of Missing Out, right? 

If you think that is right decision, just do it. Before you late take some seat on bullish train. Yeah i think Dash have bull run this month. But i still not interested to buy coin where have bullish trend. I am also reversed to buy coin where really cheap and going dump.

Thanks for your reply dear friend. I enjoy to see your posts in my topics.

No, I didn't make this decision due to FOMO because my investment is not very huge and I have no fear of losing anything. I just wanted to increase my profits because I saw that Dash price is moving very fast and it overtook bitcoin in terms of value increase. I know well that bitcoin is far more reliable than Dash but I thought that trying other coins for a temporary period is worth it because it improves my experience with some altcoins. However, I changed my mind and bought LTC instead of Dash and sold it with 15% profit yesterday. I was quite satisfied with Litecoin. It was a fast and profitable investment for me.

[Morganshtern 1774]

Dash is certainly one of the more reputable coins with a really good fundamental, and if you think that is the time to invest in it you should probably go for it.

[khan22 3478]

On 1/21/2020 at 7:24 PM, talo122 said:

That doesnt make sense, bitcoin is a better than dash, usually dash follow the Price of bitcoin, cuz dash is just copy from bitcoin that is cheaper, so holding your bitcoin is better for you. 

Dash coin is also a good coin and the future of the dash coin is also good so buying the dash coin is the good idea and we make good profit through this coin in future because soon the market will make a bull.

[Epic 289]

Ive already converted all my bitcoins to dash and ltc, my profits from dash is not that high because the prices are already up but my litecoin is making huge profits but i still prefer dash since i think it still hasnt reached its ceiling and although it makes a correction or adjustment every now and then the prices goes up again in a day or 2.

[Muhammad atif iqbal 569]

On 1/21/2020 at 5:28 PM, Brushless4500KV said:

I always check prices on Yobit and I have noticed that these days, Dash coin is experiencing a massive bull run that is still going on. Its value is increasing faster than bitcoin and ethereum and it is also a reputable coin in the market. I thought about the idea of converting my BTC to Dash in Yobit to get more profit until Dash bull run stops. I still haven't done anything and I thought that it is better to consult with you before doing this conversion.

Do you think this is a wise decision?

This is the good idea to convert Bitcoin into dash coin in yobit exchange if dash coin market is going in bullish mode and you think market rise more then convert your Bitcoin into dash coin and make a good profit dash coin has a great potential to grow in future i sm also holding a dash coin for long term trading in my opinion this is a wise decision 

[Lubruselu 2803]

Because dash coin also is the one of the best cryptocurrencies, we cannot avoid you to exchange to it because it is not scamming cryptocurrency

[MysteriousIdentity 150]

On 1/21/2020 at 8:28 PM, Brushless4500KV said:

I always check prices on Yobit and I have noticed that these days, Dash coin is experiencing a massive bull run that is still going on. Its value is increasing faster than bitcoin and ethereum and it is also a reputable coin in the market. I thought about the idea of converting my BTC to Dash in Yobit to get more profit until Dash bull run stops. I still haven't done anything and I thought that it is better to consult with you before doing this conversion.

Do you think this is a wise decision?

If you are satisfied with the Dash current price right now then it will be best if you should sell it because if time will come that the price will start to shrink again then you will not get any chances again to sell your Dash. 

 

Bull run is the best time to sell and bear market is best time to buy especially if you have patience. That is how the market works, so it's up to you whether you are satisfied already to the price or not. 

[hamadahajali 394]

It is a very good idea because dash is a strong currency and I expect high prices for it during the year 2020

[Lacktxz 13]

It's depends on you cause you are the one who will made a decision. But if I am in your situation I am not going to change to dash even it's increasing. I don't know, But I have a positive thinking that bitcoin will increase more after February.