I plan to convert my Bitcoin to Dash on Yobit. What do you think? - Page 8 - Trading - CryptoTalk.Org Jump to content
Brushless4500KV

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

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Dash coin is the best and legit cryptocurrency, so thats if you have seen that cryptocurrency is best for you to convert yor bitcoins to dash, you can do then without any fear.

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They say, you shouldnt put all your eggs in 1 basket. I also think this is true concerning BTC & Cryptocurrencies. If you can afford it, I would split my money up between - Monero, ETH, Litecoin, BTC Cash & maybe ZCash. I would also look at the top 10 trading Cryptocurrencies, to help me with my decision.


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Do not do that , just do not, It is a big mistake , even if the Bitcoin is hovering around the same prices for a while at least it has a strong base and will not suffer from a dumb, but the Dah you want to convert to might get dumb at any minute and there is no limited margins, so the loss will be too big to handle. 

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I suggest you didn't so because bitcoin price will go up in a few days if you can hold it for 6 months then you will get more profit. From the prediction it's price will go at almost 50k . If you hold it you can get a good profit. 

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You can do it because dash coin also is among of the best coins in the yobit platform, and I think it is the second coin to have the biggest trading volume there after ethereum. 

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Converting your bitcoin to yobit is not a bad idea because yobit itself increase in value recently and besides we need to try new things sometimes but the idea of converting bitcoin to yobit is not my way so I will say I'm not interested at all 

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On 12/19/2020 at 10:24 AM, Ashtoy said:

I have always check current rate on yobit before I buy and the rate is always favorable all the time .so before you convert or buy make sure the rate are in good states

Also before to by the coin must know what's makes that coin to have demand and can make it to continue to rise, for example bitcoin the major thing that's makes it to have more demand is because it is only coin that's eligible to sell it and receive fiat currencies.

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On 1/21/2020 at 7:28 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?

Actually the decision is yours. I advise you to convert it to ETH, because ETH is the second coin after bitcoin which is definitely profitable in case of bullrun, Ethereum also has a higher trading volume than Dash, it means it is more profitable to buy ETH.

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I think Dash Hall would be a good place for the upcoming unique but I don’t know if now is the right time to convert all your money into Dash, keep a few bitcoin partners.  If you can follow the rules here, you can make money.

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I think Dash will be a good place for the upcoming unique but I don't know if now is the right time to convert all your money to Dash if you have some Bitcoin partner. 

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Is a very good idea i think, actually in converting bitcoin into dash you need to be very sure about the price of dash and having it at the back of your mind that you will make some profit from your conversion process. All the best

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First of all its a good idea. And second is that I am very thankful to you for sharing this information by your post with all users. Because many all of us are newly users of this site so we have no much information about it. By reading your post we are able to get information from it and also able to increase our knowledge. And last what the question you asked of us that answer is here that it's a very good opinion for progress your business and a great source of saving your money without any risk. 

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Dear friend, the Dash contract is a very wonderful contract and its long-term storage is a wonderful storage so dear Dash coin has great recommendations and great heights in the coming days so my dear I advise you to store it and buy or trade it in general because it is the high rise in great heights in the coming days Dash business is a very wonderful work  Its storage is very cool, its height is six meters, it rises to long-term dimensions, and the price is unexpected. It is so dear. I advise you to exchange the bitcoin currency that you own to the dash contract and store the chicken work mainly thank you very much.

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When we trade we must know clear what we're going to do, you can do that if you think you can earn enough profit from it but you should know that crypto is volatile so better to observe and learn how the market works before doing it. 

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Yes dear if you exchange your btc in dash coin then it is good because dash coin is less risky but you can wait 4 to 5 day and keep patience because bitcoin price have decreased from 63k to 53k and when it will reach again 63k dollor then you can sell it. 

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I have read that Dash has good speed and low fees. This is not the only important but needs to have high decentralization too, I am not sure if it does succeed in that field. I check the Dash charts and it is not performing great, in this time it should have done a lot better from where it is. Maybe this network is not adopted so much yet.

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