DASH/USD will soon have a golden cross; easy x100 over 2-4 years
Volume increasing on average, MA's beginning to crossover, BTC/USD showing more than one or two signals that show that if we haven't bottomed already it won't be far lower than we've been already; these are, in my opinion, great reasons to presume a significant ROI on this asset over the next 2-5 years.
Let's have a little thought experiment by making conservative assumptions about how much the price of DASH could increase, based on current price versus presumed ATH, and presumed sell price for the open positions relative to this theoretical new ATH. Key point here is that once a new ATH is made, how much higher it will go from there is influenced by so many factors that one cannot simply assume they have a reliable guess of the next new ATH.
___
A pretty conservative minimum from ATH to ATH of most crypto assets seems to be at least x10. Currently, Dash is currently at about $136 USD per unit with a previous ATH of about $1683 USD per unit.
So, soon enough (on a week chart kinda timescale) we will see Dash make its way up to x10 current price ($1360 USD) and over the entire bull run making a conservative minimum x10 from the $1683 ATH to a new ATH of, of course, $16,830 USD per Dash coin. I gather that most reliable exit strategies (implying not exiting your positions too early or too late) would result in a sell price somewhere in the neighborhood of 10% - 35% below the new end of bull run ATH. To be conservative / having that nice risk management margin for error involved, let's say 35% below ATH.
$16,830 - 30% = $10,939.5 sell price.
$136 -> $10,939.5 = an x80.4375 multiplier on your investment (7943.75% ROI)
*Not financial advice; just a thought experiment / extrapolation that I strongly believe is reasonable to feel at least somewhat confident about*
Let's have a little thought experiment by making conservative assumptions about how much the price of DASH could increase, based on current price versus presumed ATH, and presumed sell price for the open positions relative to this theoretical new ATH. Key point here is that once a new ATH is made, how much higher it will go from there is influenced by so many factors that one cannot simply assume they have a reliable guess of the next new ATH.
___
A pretty conservative minimum from ATH to ATH of most crypto assets seems to be at least x10. Currently, Dash is currently at about $136 USD per unit with a previous ATH of about $1683 USD per unit.
So, soon enough (on a week chart kinda timescale) we will see Dash make its way up to x10 current price ($1360 USD) and over the entire bull run making a conservative minimum x10 from the $1683 ATH to a new ATH of, of course, $16,830 USD per Dash coin. I gather that most reliable exit strategies (implying not exiting your positions too early or too late) would result in a sell price somewhere in the neighborhood of 10% - 35% below the new end of bull run ATH. To be conservative / having that nice risk management margin for error involved, let's say 35% below ATH.
$16,830 - 30% = $10,939.5 sell price.
$136 -> $10,939.5 = an x80.4375 multiplier on your investment (7943.75% ROI)
*Not financial advice; just a thought experiment / extrapolation that I strongly believe is reasonable to feel at least somewhat confident about*
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.