#DCRBTC #Decred strong against other cryptoassets
while Bitcoin is consolidating and we wait for trend continuation up/down. At these levels, it's not the best risk-reward for a swing trade, but still a good option for a long-term investment that is position sized accordingly. For me, Decred is a long-term hold and add on consolidation - e.g., at ~30% discounted levels shown.
Near ATHs, Decred has remained generally strong with supply quickly bought up at these levels. Underlying fundamentals of the project are solid and Placeholder recently put out a nice perspective on their long-term investment thesis for the project here: www.placeholder.vc/b...d-investment-thesis. Worth reading through if you're going to stick it out for more than a trade.
Near ATHs, Decred has remained generally strong with supply quickly bought up at these levels. Underlying fundamentals of the project are solid and Placeholder recently put out a nice perspective on their long-term investment thesis for the project here: www.placeholder.vc/b...d-investment-thesis. Worth reading through if you're going to stick it out for more than a trade.
