Is it good to invest on cheap promising coins? - page 5.

Twinkledoe

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Quote from: Kusman on September 24, 2021, 04:57:48 PM

I'm not including the example you have given but yes, you can give new and promising projects a chance. But you should be really sure that they are promising projects rather than scam ones. I have no idea about "Zero coin". But recently, the favorite coin is Solana. It is a very promising project and you can check the price statistics also. You will see that it was even under $1 last year but now it has an ATH level like $215.

Just heard this zero coin because of this thread. Based from my impression, I don't think this coin is promising, but the OP can always do his homework and check if there are ongoing developments for this coin. Their trading volume is low but better than most surviving alts. It is only good to invest in cheap coins if there are actual developments happening. But if not and the team is not active, better stick to top alts rather than hoping your investments will grow x50 or x100, without any reason.

South Park

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 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.

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

As other users have stated it seems to me that you are trying to promote that coin and you're not really thinking about investing in it because you already did and you are trying to get people into the project so you can benefit out of it, or you are one of the developers of that coin and you are trying to generate interest in it, and if that is the case then this is the wrong way to go about it because now people are going to think that you're being dishonest and instead of making people interested in this coin you are going to make them suspicious about it.

Kusman

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I'm not including the example you have given but yes, you can give new and promising projects a chance. But you should be really sure that they are promising projects rather than scam ones. I have no idea about "Zero coin". But recently, the favorite coin is Solana. It is a very promising project and you can check the price statistics also. You will see that it was even under $1 last year but now it has an ATH level like $215.

Fatunad

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 AM

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

Your choice yet it is still cheap then it isnt really bad to take up some consideration buying some of it if you do really see the potential of this coin.I havent checked it out though so its really hard to
say up about this project but its been mentioned that it is a privacy coin and have free fees or zero? How it could be possibly be? Also how it could able go against with those
current privacy coins out there specially Monero? This thing should be considered first.

Ultegra134

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I would say yes, but it depends on the coin and its conditions. Let's keep in mind that a ton of coins are being created every day, many of which are pump and dump coins aka scam coins created only for this purpose. Sometimes you may hit the jackpot and achieve high returns from such coins, however, it's not something that can be guaranteed by any means.

adzino

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A coin being "cheap" does not mean that it will give you very high returns. If the price of the coin is less than a few cents, you will call it cheap. But if that coin has, lets say 100 billion in supply, then no the coin isn't cheap. You should look at the market capitalization when judging if a coin is cheap or not. If its really cheap and has use cases different from the ones we currently have, then of course its a good coin to invest in. But it looks like you are shilling or advertising your own coin. Just look at your username... Only shitcoins require such shillings.

dothebeats

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A coin will not be promising without any features that make it stand out. As for the coin that you are eyeing, I wouldn't honestly comment about it as I know little to almost none about it. Though if I were to trade it, I would look for roadmaps, for dev updates, for plans on the coin in the future. And if I believe the coin is extremely undervalued, I'll put a couple hundred dollars in it and forget about it for some time.

That's just me, of course. You can always refine your buying strategy.

Jating

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It's really hard to give financial advises here, always do your own research (DYOR).

But I would say that there are some good cheap coins, but it's like finding a needle in the haystack. Very difficult in the beginning because they can be used by pump and dump groups and you think you find a diamond. However, after the dump, the price will go down and it might take time for the project to recover. With that said, really up to you, maybe Zero coin will be big, or maybe not.

And in any case that you are shilling for this coin, for sure members here are going to find out and it might back fire on you or the project (if you are part of the team).

BIT-BENDER

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I will be excited to know if any project will not consider themselves promising, be no fool, to think a white paper, supply or even claims, I will not invest or advice you on investing in cheap coin, regardless of what promises the project has acquired.
What makes zero coin a future promising alt-coin? For me cheapness/ no transaction fee of zero coin won't make it a promising alt-coin, if you aren't a stake holder in the coin, I think I would rather invest the money into ethereum, cardano, Litecoin.

tulusikhlas

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Damn it, on the other hand create a thread that spreads FUD, you and the name of the account that promotes the damn coin. There is no solution for you because and is just making some kind of consensus politics as if you will be supported.
We will not be easy to fool. As @kotajikikox said "the stupidest investment for 2 years". Really bad use of promotional methods. LOL

JeffBrad12

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The privacy coin was not so popular again. This coin was an unpopular coin and this is my first time to hear if there's a coin called zero coin. Almost all privacy coins except the big coin like monero and zcash were dying. The era for privacy coin already passed and we are heading toward the era for the utility use case for the coin. There are popular privacy coins like monero and this coin has a big volume. it's a nonsense thing to take a look at an unpopular coin like zcoin.
You must not waste your time investing in a coin that doesn't have any potential for growth. Stop wasting your time. This coin is not even worth taking a look at. Some people above me have been mentioning enough reason but you must learn from CMC or at least take some privacy coins as an example. Try to see all-time chart of such coins and you will be seeing if privacy coins are almost dead. the privacy coin can't against the government. There's no room for privacy coin to grow.

sujonali1819

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If you are think that the coin is promising and has a great future, then you can invest there. But after seeing the history of Zero Coin in coinmarketcap I don't think it's a good idea to invest in such coin which has a very lower volume, and did not listed yet in any big exchange despite launching the project about 4 years ago.

The problem could be happen after investing in this coin that when you want to sell this urgent you will not much volume to sell it . So better to avoid these project imo.

zasad@

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I opened your links and do not understand how you can invest in a coin, the trading volume of which does not exceed $ 25,000 per day
and 95% of the coins are traded only on 1 exchange.
If you love anonymous coins, invest in Monero and other similar coins from the top 100 on Coinmarketcap.

X-ray

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In my opinion if it could not be a good investment for the next 2 years, you're aiming for the long term investment and why don't you just take or pick some legit coins that can survive for the long term?
To be honest i wanna say that's a really bad coins and there are some reasons why i called that as bad coins.

1. Low volume
2. Privacy coin has come to its end ( i meant the trend coz people didn't care anymore about zero protocol)
3. listed on garbage exchange site that fully manipulated like coinex
4. adoption rate was very low

These reasons must be enough to explain why you should change it with another coin. You must need to care with your money dude.

TribalBob

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hou much money you have ,you should invest in crypto it doesn't matter , how much capital you invest in but the main capital in crypto is your trust and knowledge to hold a coin to achieve new ATH
my cheap coins 2-4 then become diamonds in the future
so whatever the price of the coins you invested in the beginning, if the pump was sold, it wasn't only seen and the SS then shared it as a spectator

aioc

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Out of the so many coins in the market why this coin? just look at their all-time high
$12.38 -98.3% Jan 08, 2018 (over 3 years) they hardly update their thread for any development
They are traded on a lowly exchange, what's so promising on this coin, like all the others I'm also thinking that you are a bag holder of this coin and you just want to hype it.
A good investor who knows how to analyze a promising coin will not go to this kind of coin.

masterrex

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IMO, I think it depends on what kind of coin/token it is. because I was basing my judgment on coin/token use-case, functions, and overall developments, Just try to search on a platform like CMC, CoinGecko, and other sites we can find a lot of cheap coins/tokens in the market that have a huge potential. so I think base on the OP title I believe it's good to invest in a cheap price coin/token in the market as long as it has a true use case and promising development strategy.

imamusma

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 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.

What can give you an advantage on the coin? and also for everyone if there are many people who want to mine it, because coins without absolute use and benefit will not be glanced at by anyone including investors because not only money must be spent, but time will also be wasted.

Ever-young

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For me I only invest on coins which are known or rated, for security reasons, this kind of coins are just meant to be mined, you never can tell what the future of the coin is going to yield. Buying this coin is just like someone buying swiftdemand token (swift) which has been their for years and has no good intention and plan of becoming a real crypto which can be traded on either centralized or decentralized exchanges.
My advice: make your own research about the coin and when thinking about coin to invest on, always consider the vulnerability.

kotajikikox

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

are you fooling people here? do you really believe that we are just like you?

look at your account name whos created just for today to post this, that is an obvious that you are shilling for this project and bumping their name in to this forum.

Quote

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 ?

This is the Stupidest investment for 2 years and why put money here when we can at least Buy bitcoin for that span of time.

Topic: Is it good to invest on cheap promising coins? - page 5. (Read 628 times)