DACC Profile

DACC
 Crypto
  

 0.000014  0.000001  7.69%   

Market Performance
0 of 100
Odds Of Distress
Over 87
DACC is trading at 1.4E-5 as of the 9th of December 2022, a 7.69 percent increase since the beginning of the trading day. DACC has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Cryptocurrency ratings for DACC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
DACC is peer-to-peer digital currency powered by the Blockchain technology. More on DACC
DACC is an online market maker for p2p internet cash denominated as Cryptocurrency. DACC has been active in the last 3 months, and it is at this time expressing a bullish sentiment. Cryptocurrencies such as DACC are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as DACC are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

DACC Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. DACC's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding DACC or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
DACC generated a negative expected return over the last 90 days
DACC has some characteristics of a very speculative cryptocurrency
DACC has high historical volatility and very poor performance
DACC is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 6 exchanges in multiple currencies. Decentralized Accessible Content Chain is a decentralized file system with a built-in identity and access management function, providing to the users & content creators secure ion map establishes the type of access, delegations and enables IAM (Identity and Access Management) on the uploaded content and the permission map can be updated any time by the content creators.storage and management methods. The Decentralized Accessible Content Chain platform allows its users to upload any type of data with a form of permission map. The permissThe DACC token is an Ethereum-based ERC 20 token and is the payment method to all transactions, gas fees and reward to storage providers.
SymbolDACC
RatingE+
Market Performance RatingD+
NameDACC
Sponsoredfalse
Built OnETH
Is Tradingtrue
Asset Launch Date2018-06-12
Full NameDecentralized Accessible Content Chain (DACC)
Asset Website Urlhttp://www.dacc.co/
Platform Typetoken
Coin NameDecentralized Accessible Content Chain
Total Coins Mined30 Billion
Smart Contract AddressView
DACC (DACC) is traded on CRYPTO Exchanges. DACC is peer-to-peer digital currency powered by the Blockchain technology.

DACC's Exchanges and Markets

Bgogo Bithumb DDEX IDEX Kucoin CoinEx

DACC Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. DACC market risk premium is the additional return an investor will receive from holding DACC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DACC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although DACC's alpha and beta are two of the key measurements used to evaluate DACC's performance over the market, the standard measures of volatility play an important role as well.

DACC Technical Analysis

When it comes to investing in cryptocurrency, such as DACC, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of DACC, which is currently traded at 1.4E-5, shows everything you need to know about DACC market value. You don't have to consider the fundamental factors that affect a crypto asset, such as DACC, to determine its price movements. However, the DACC's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so DACC's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project DACC's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. DACC Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe DACC price patterns.
.

DACC Against Markets

Picking the right benchmark for DACC crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DACC crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DACC is critical whether you are bullish or bearish towards DACC at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in DACC without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

Did you try this?

Run Portfolio Diagnostics Now

   

Portfolio Diagnostics

Use generated alerts and portfolio events aggregator to diagnose current holdings
All  Next Launch Module

How to invest in DACC

You need to understand the risk of getting into digital currencies such as DACC before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in DACC in four ways:

Buy DACC through an exchange

Get yourself a crypto wallet before embarking on your DACC journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase DACC. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of DACC through an exchange

You don't have to buy a full token when starting out since DACC is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade DACC through a broker

If you don't want to store your DACC Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in DACC through an exchange-traded fund (ETF)

You can also invest in DACC through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having DACC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Continue to Investing Opportunities. Note that the DACC information on this page should be used as a complementary analysis to other DACC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

Other Tools for DACC Crypto Coin

When running DACC price analysis, check to measure DACC's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy DACC is operating at the current time. Most of DACC's value examination focuses on studying past and present price actions to predict the probability of DACC's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move DACC's coin price. Additionally, you may evaluate how adding DACC to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go