Is it good to invest on cheap promising coins?

nicolas1979

sr. member

Activity: 826

Merit: 252

Quote from: FreeZeroCoin on September 24, 2021, 06:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

official site :
https://zero.directory

explorer :
https://zerochain.info

marketcap :
https://coinmarketcap.com/currencies/zero/
https://www.coingecko.com/en/coins/zero

Anyone can advice if this could be good investment for the next 2 years ?

Yes. This coin is worth the long term investment. Apart from the current low price, the total supply is also very low, so the opportunity for a bull run is still very likely to occur. But unfortunately this coin is only listed on four exchanges, so it doesn't have much impact on price changes. Developers need to find solutions in terms of exchanges. Maybe if it was listed on the Binance exchange, it wouldn't take long for the Zero coin to hit the price of $1.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: watergold on September 27, 2021, 05:58:16 PM

when I saw the title of the thread that you made I felt interested in it and maybe I would argue that as long as it is profitable according to your analysis and research, why not buy the coin.

but after reading the whole content of the thread that you made I can conclude one thing, compared to you wanting to buy a coin I feel you are like a promotion for that coin

I don't know which direction you want, but if you feel confident with the coin, why not just buy it. but maybe I still don't intend to buy it even if you do it while promoting

This is why we must always do our due diligence, in a perfect world we could read the reviews of other users about the coins they are interested and draw conclusions from that, but we must remember that many people also have an agenda and since pumping coins is a thing in this market then we need to always be on our guard as there is a big chance that what we are reading is not a legitimate review but nothing else but an attempt to promote a coin.

superman184

full member

Activity: 658

Merit: 189

Quote from: FreeZeroCoin on September 24, 2021, 06:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

official site :
https://zero.directory

explorer :
https://zerochain.info

marketcap :
https://coinmarketcap.com/currencies/zero/
https://www.coingecko.com/en/coins/zero

Anyone can advice if this could be good investment for the next 2 years ?

Yes, it is good but it depend on the development they have for the coins, cheap price value in the market under by BSC platform but its volume daily is not that bad actually. And there is a good development happening for their coins.

budi12

member

Activity: 262

Merit: 12

You shouldn't waste time investing in coins that don't have the potential to grow. Stop wasting your time. This coin is not even worth looking at. Some people above I have mentioned reason enough but you should learn from CMC or at least take some privacy coin as an example. Try to look at the all-time graph of the coin and you will see if the privacy coin is nearly dead. Privacy coins can't go against the government. There is no room for privacy coins to grow.

Cryptosimar

newbie

Activity: 16

Merit: 0

I think it relies upon what sort of coin/token it is. since I was putting together my judgment with respect to coin/token use-case, capacities, and in general turns of events, Just attempt to look on a stage like CMC, CoinGecko, and different locales we can discover a great deal of modest coins/tokens in the market that have an enormous potential. so I think base on the OP title I trust it's great to put resources into a modest value coin/token in the market as long as it has a genuine use case and promising advancement procedure.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: FreeZeroCoin on September 24, 2021, 06:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

official site :
https://zero.directory

explorer :
https://zerochain.info

marketcap :
https://coinmarketcap.com/currencies/zero/
https://www.coingecko.com/en/coins/zero

Anyone can advice if this could be good investment for the next 2 years ?

Technically speaking, ZERO is quite a promising project. But we should keep in mind that it's not about which attractive features a blockchain network provides. Instead, it's all about how actively developed and adopted a cryptocurrency is for it to become a widespread success. Not every cheap coin is meant to be a good long-term investment. You should do your own research about the project's team, what's backing it, and how actively developed and maintained it is. Only then you can decide whenever to buy and "hodl" long term or simply look for another alternative. There's strong competition on the crypto/Blockchain space, so it's hard to tell whenever ZERO will become a success or a failed experiment in the future. I'd stick with the good-old coins (mainly Bitcoin, Ethereum, and Litecoin) just to be safe. Just my opinion

Rana590

sr. member

Activity: 1750

Merit: 267

Quote from: ?? on ??

Something I love is passive income. Divi offers me the opportunity to obtain a considerable ROI and very easy to install with one click ... their profit margin is approximately 18 to 22%

You're mentioning about passive income but what about the reality on your divi project? I'm seeing that all the post in your profile are divi project based. Yeah, you are trying to highlight the divi project but in some times, it shouldn't influence in every condition. Try to improve your project, you'll be able to get organic investors.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: Sweetbtc on September 28, 2021, 03:20:24 AM

I am not agree. We cannot say any coin will give us hood results in future because one crash can dump it hard. We should look for trend and buy coin with trend. At this time gaming coins looking to boom. So we should invest our money here instead of waiting for long term.
In crypto our mission is to make money. So we should take care of coin but look for trend and make money.

It depends on what kind of investment you want to make, is it going to be a long term investment or short term? If your plan is to go for a long term investment, now wouldn’t be a bad time to start investing, since the market has already reached and all time high price and dropped back. so if you're investing now you're possibly investing in the lowest price that we might be seeing this year.

So, for the long term investment you can start now to hold the assets you think are the best for you. If what you’re going for a short term investment, then I wouldn’t know the answer to give you on that since the market fluctuates every minute and you don't know where it might be heading to next.

cryptobrzy

jr. member

Activity: 123

Merit: 3

SmartFi - EARN, LEND & TRADE

You said promising coin and you are thinking of this coin? Really the team dont even update their website and i think the alt happened around three years ago… we have to be responsible in how we spend money.. make more research and you would see other more worthy projects to invest in…. If you invested the same amount in bitcoin you would actually be way more richer now

BD Crypto

full member

Activity: 658

Merit: 158

BTC Rocks

Quote from: DanWalker on September 28, 2021, 05:32:39 AM

For me, I only invest in known or rated coins, for security reasons this coin is only used for mining, you can never know the future of the coin What profit will it bring? Buying this coin is like you are fomo contributing to a scam project. I will not participate in a project that has no purpose and I am a longtime investor myself I will not easily invest in a project with no future prospects as you recommend.

Actually I follow the same like you.Because In past I invested some funds in newly launched projects.But in 90% cases my funds had been wasted.
Investing in Shitcoins doesn't make any scene.
That's why now I just try to find good project and time to invest with analysis.

DanWalker

hero member

Activity: 1960

Merit: 547

Vave.com - Crypto Casino

For me, I only invest in known or rated coins, for security reasons this coin is only used for mining, you can never know the future of the coin What profit will it bring? Buying this coin is like you are fomo contributing to a scam project. I will not participate in a project that has no purpose and I am a longtime investor myself I will not easily invest in a project with no future prospects as you recommend.

bakasabo

legendary

Activity: 2492

Merit: 1215

Quote from: Sir Legend on September 28, 2021, 05:08:23 AM

I often buy cheap coins for under 1 cent, even with $10 I can get up to 100k coins/token, I think it's like gambling, some are successful so I can profit 100x and many die because removed from exchanges, I think cheap coins are only suitable for short term investment, and focus on the top 100 rating is a safer thing.

What is your experienced from this "gambling" or investing? Were you lucky to buy an altcoin which later gave 20-100x at least?

Such kind of investment I see as an investment, where you simply dont lose a lot, but with much lower chances of success.
Also I believe that it is quite impossible to invest in such coins, because if the project is really promising, then huge investors completely finance them and there is no chance to buy coins cheap. "Whales" just buy everything with one transaction and that is it.

I can answer only one thing - it is good to invest, but hard to get in in a promising project that offers cheap altcoins.

Sir Legend

sr. member

Activity: 1792

Merit: 255

I often buy cheap coins for under 1 cent, even with $10 I can get up to 100k coins/token, I think it's like gambling, some are successful so I can profit 100x and many die because removed from exchanges, I think cheap coins are only suitable for short term investment, and focus on the top 100 rating is a safer thing.

marine4u

full member

Activity: 673

Merit: 106

Quote from: FreeZeroCoin on September 24, 2021, 06:14:14 AM

I'm thinking about to invest in Zero coin.

The mass of shitcoins out there is a goal to enrich at least those who are greedy deep into it. I'm not sure how much potential Zero coin has but I wouldn't be greedy to play those useless 100x - 1000x stimulant lotteries. Make sure you have your DYOR and are ready to go with it.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Of course, but make sure that they're not for hype only like what always happen to meme coins because you know nowadays there's a bunch of new emerging projects that making good results at first but they don't last and suddenly stuck up in the certain value. So be careful when choosing a projects especially if you're looking for long run.. Must pick those known and has good feedback to assure everything will be fine, visit CMC instead because for sure you can obtain more information about the project through that site.

Sweetbtc

hero member

Activity: 938

Merit: 503

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

I am not agree. We cannot say any coin will give us hood results in future because one crash can dump it hard. We should look for trend and buy coin with trend. At this time gaming coins looking to boom. So we should invest our money here instead of waiting for long term.
In crypto our mission is to make money. So we should take care of coin but look for trend and make money.

bakasabo

legendary

Activity: 2492

Merit: 1215

Quote from: Wong Gendheng on September 28, 2021, 02:35:37 AM

I think it's good, since 2017 I like to invest on cheap promising coins, you can say 70% I can profit, the opportunity to skyrocket up to 100x is easier to get cheap coins than expensive coins. and these few days I bought 3 cheap coins namely GOMA, Terra KRW and Permission Coin.

What were you guided by when you have chosen to buy Goma? You saw their price went up multiple times and decided to grab these tokens?
I think that Goma price just was just a temporary "pump&dump" strategy. This projects does not have or promise anything new or extraordinary.

There is also a scam accusation against Goma. If you go through this topic, you would notice that Goma is rather weak at planning and marketing. If they have issues in such basics, then I doubt they will reach success someday.

Wong Gendheng

sr. member

Activity: 1428

Merit: 252

I think it's good, since 2017 I like to invest on cheap promising coins, you can say 70% I can profit, the opportunity to skyrocket up to 100x is easier to get cheap coins than expensive coins. and these few days I bought 3 cheap coins namely GOMA, Terra KRW and Permission Coin.

adibi12

member

Activity: 285

Merit: 10

Quote from: FreeZeroCoin on September 24, 2021, 06:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

official site :
https://zero.directory

explorer :
https://zerochain.info

marketcap :
https://coinmarketcap.com/currencies/zero/
https://www.coingecko.com/en/coins/zero

Anyone can advice if this could be good investment for the next 2 years ?

not so sure, because to choose a good token there will be a lot of considerations, those who already understand will certainly not waste their funds on coins that are not so influential, based on info from coinmarketcap.com your coin is at rank 1483, of course that rank will be doubted by everyone.

2 years is certainly a long time, other tokens continue to innovate this year so that they can compete in the crypto world, if you want to promote Zero coins in this forum, of course you have to provide convincing information.

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

What exactly makes Zero Coin promising. It is so cheap because nobody has ever heard of it or doesn't want it. If it's been around for so many years and still hasn't achieved any adoption then I doubt that this will be it's big year. It could always see a random pump because of such low liquidity but as far as long term potential then it is best to look elsewhere.

Topic: Is it good to invest on cheap promising coins? (Read 666 times)