Dash (DASH) vs ID Coin (MYID) Comparison

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On this page, you can compare Dash (DASH) with ID Coin (MYID). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.8 / 5 4 user reviews 3 / 5 1 user review

Cryptogeek rating

4.2 / 5 0 / 5

Trust Score

How it works
4.32 / 5 1.2 / 5

About

Dash was launched in 2014 and changed several names before becoming Dash as we know it today. The initial goal of the project was to create a cryptocurrency network which would operate faster and cheaper than Bitcoin and would be capable to maintain more privacy. Holders of large amounts of Dash have different privileges (Instant Send, Private Send, etc). Dash is an open-source project. It has its own blockchain. The currency is supported by many crypto wallets and it has gained significant market capitalization. Another great achievement is its numerous partnerships including cooperations with Western Union, web stores, etc.
My Identity Coin (MYID) was created with very singular and specific usability: to tag cryptographic blocks with a code that uniquely identifies its rightful owner.

Type

coin No data

Founding Date

2014 No data

Country

International No data

Languages

No data No data

Team

Public No data

Protocol

No data No data

Current price (USD)

25.1161 No data

All-time high (USD)

1642.2200 No data

Price change (24h)

-0.99 No data

Volume (24h)

8650942.22674 No data

Hashrate

6190000 No data

Max Supply

18900000.00000 No data

Total supply

No data No data

Circulating Supply

12026414.21870 No data

Transaction speed / Block time

30 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

X11 No data

Proof type

PoW/PoS No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

9600464.64037 No data

Is trading

yes No data

Block reward

2.884725003193 No data

Block time

140 No data
Company
User rating User rating 4.8 / 5 4 user reviews User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4.32 / 5 Trust Score 1.2 / 5
About
Dash was launched in 2014 and changed several names before becoming Dash as we know it today. The initial goal of the project was to create a cryptocurrency network which would operate faster and cheaper than Bitcoin and would be capable to maintain more privacy. Holders of large amounts of Dash have different privileges (Instant Send, Private Send, etc). Dash is an open-source project. It has its own blockchain. The currency is supported by many crypto wallets and it has gained significant market capitalization. Another great achievement is its numerous partnerships including cooperations with Western Union, web stores, etc.
My Identity Coin (MYID) was created with very singular and specific usability: to tag cryptographic blocks with a code that uniquely identifies its rightful owner.
Type Type coin Type No data
Founding Date Founding Date 2014 Founding Date No data
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Public Team No data
Protocol Protocol No data Protocol No data
Current price (USD) Current price (USD) 25.1161 Current price (USD) No data
All-time high (USD) All-time high (USD) 1642.2200 All-time high (USD) No data
Price change (24h) Price change (24h) -0.99 Price change (24h) No data
Volume (24h) Volume (24h) 8650942.22674 Volume (24h) No data
Hashrate Hashrate 6190000 Hashrate No data
Max Supply Max Supply 18900000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 12026414.21870 Circulating Supply No data
Transaction speed / Block time Transaction speed / Block time 30 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability No data
Algorithm Algorithm X11 Algorithm No data
Proof type Proof type PoW/PoS Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 9600464.64037 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 2.884725003193 Block reward No data
Block time Block time 140 Block time No data

Social

Website

www.dash.org okglobalcoinsg.com

Twitter

@Dashpay No data
Website Website www.dash.org Website okglobalcoinsg.com
Twitter Twitter @Dashpay Twitter No data

Advantages

Strong security High privacy coin High speed of transactions -

Disadvantages

Decentralization is questionable -

Rating

User rating User rating 4.8 / 5 4 user reviews User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5
Advantages Advantages Strong security High privacy coin High speed of transactions Advantages -
Disadvantages Disadvantages Decentralization is questionable Disadvantages -

Dash (DASH) user rating is 4.8, based on 4 user reviews. ID Coin (MYID) user rating is 3, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.32 / 5 Write review
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Dash (DASH) features

At the moment Dash (DASH) price is 25.1161. Its 24h volume is 8,650,942.22674. 24h price change is -1.99.

Dash (DASH) max supply is 18,900,000.0. The circulating supply is 12,026,414.2187.

Dash (DASH) hash rate is 6190000. Dash (DASH) transaction speed/block time is 30. Block reward is 3.884725003193.

At the moment the number of coins mined is 9,600,465.64037. Mining profitability is low.

Dash (DASH) Cryptogeek user rating is 4.8, based on 4 user reviews.

ID Coin (MYID) features

ID Coin (MYID) Cryptogeek user rating is 3, based on 1 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Dash (DASH) with ID Coin (MYID). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.