I have about $200 of Dash should I convert the lot to Steem? There hasn't been a lot of movement in the price for months and trading volumes have been pretty low compared to other crypto. It doesn't sound like a lot of money but I've held this for ages and it is a fair amount of money to me. I respect the opinion of my fellow Steemians as I am in crypto for the longrun.
I would before SteemIT makes its next move up! I sold my 81 DASH and just added to my SteemIT. I wish I would've got the same $1.70 I paid for my first batch of Steem!
Hindsight is a wonderful thing, if only we could travel back in time with the latest knowledge....but what does the future hold?
One thing I have learned in crypto is what goes up will come down. Steem.it will have a huge impact however what happens to steem price in the short run is impossible to say. It might be more worthwhile to try to earn some steem by investing a bit of your time (like you did) ;). Just my two cents.
Couldn't agree more on your last sentence :)
I think it is good to have your wealth spread over a few different currencies. I myself have some invested in Dash and wont be trading it. I am actively involved with that community (amongst others) and they are developing at fast rate and some new opportunities will be released in the near future. I recently read a post where he had just sold his entire BTC stash for Dash because of how even though it hasn't risen a lot as yet, it has been very stable for along time, so these new developments will spike the price soon.
Not trying to sell you the idea that Dash is going to move upwards, i am just giving you some info i know of:). As for Steem i really cant fault the way it is moving, even though there has been recent vulnerabilities , you can clearly see the Steemit team is doing there best to get rid of those exploits and charge forward with more account security options for the users. So i cant see how Steem could be a bad investment ( however every investment is a gamble of sorts), and i think the price is good aswell, i think it will gain more traction soon and spike again.
Can you elaborate further on these new opportunities? Was on the fence about investing in DASH
@phantomraviolis Ok so a couple of reasons why Dash is going to be a good investment: They are on the verge of exploding. They have one of the main bitcoin wallet providers about to integrate with 100’s of thousands of users. They have Jaxx integration coming which will be nice, a dash wallet in the apple store. They have a privacy centric merchant with a million customers about to integrate and send a mail out to their users. They have two reputable exchanges about to integrate. And to top it all off V12.1 is about to be released! Also Trezor support for masternode features is also imminent. Here is some more very valuable info you can get http://dashwhale.org/ and http://dash.org/forum .... hope that helps:)
You're awesome, thank you so much!