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Thinking of trading DSH/USD?

    1. When it comes to a hyped market, it is important to be the popular kid in class. The only problem here is that as the market becomes more mainstream it normally legitimizes itself. When this starts to happen, hyped cryptos tend to lose ground to those that have better added value and actual improvements. Due to the speed superiority of Dash compared to other cryptocurrencies, many exchanges and vendors favour this crypto over other ones. Hence, it is gradually being accepted by more institutions and growing its legitimacy along the way. 2. Due to its very active and engaged cryptocurrency community, Dash is in a perfect position to anticipate market trends, security issues and governmental policies.
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Trading CFDs involves significant risk of loss

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Trading CFDs involves significant risk of loss

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Trading CFDs involves significant risk of loss

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Trading CFDs involves significant risk of loss

In 2014 Evan Duffield created what was originally named XCoin, in 2015, this crypto was officially rebranded to Dash (short for Digital cash). its transaction confirmation is as little as four seconds (compared to Bitcoin's over 10 minutes) and unlike Bitcoin, it has a voting system in place that allows smooth implementation or changes. Bitcoin, to date, remains ungoverned and even if its the king of crypto with a market capitalization of $137.5B, Dash recently joined the $1B market cap club back in 2017.Dash is a special crypto in one specific sense, it is a DAO (Decentralised Autonomous organization), the community members that put 1.000 Dash as collateral can vote and receive a 10$ cmmission of every block mined. This gives users the freedom typically offered by a crypto, as well as control and security.USD, on the other hand, is considered a FIAT currency. It is centralised and controlled by a central bank, the Federal Reserve. It was introduced in 1972 and it is the world's reserve currency.

1. In May 2017, after Dash's market cap increased to above $1M, it went through a short period of profit-taking, in which traders cashed out their investment, making it go below the $1M threshold. This is something to keep in mind and be ready for, in case it happens again.

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