Decred DCR The live Decred price today is IDR 184,477.3936 with a 24-hour trading volume of IDR 42,189,379,580. We update our DCR to price in real-time. Decred is -2.37277% in the last 24 hours. The current ranking is #89, with a live market cap of IDR 2,855,707,647,000. It has a circulating supply of 15,480,000 DCR coins and a max. supply of 20,619,700 DCR coins.
If you would like to know where to buy Decred , the top cryptocurrency exchanges for trading in Decred stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.
"Decred is a cryptocurrency that combines two consensus models: proof of work and proof of stake. When new blocks are mined, 60% of the block reward goes to proof of work miners, 30% to proof of stake voters, and 10% to fund development of the protocol. Stakeholders may also vote on changes to the protocol itself."
The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Decred (DCR). Technically you can combine several indicators to get the right formula for determining the entry point Decred. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.
Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Decred can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Decred can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Decred. So make sure you have analyzed these factors before starting to trade.
In addition to entry points, you should also know when is the best time to sell Decred. So when is the right time? the following are brief tips.
Those are some brief tips that you can use as parameters in buying or selling Decred, of course, besides that there are many other indicators that you can use to trade/invest.