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Topic: Is Zcash worth to invest in it? - page 3. (Read 36191 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 17, 2018, 04:33:48 PM
In Zcash it is worth investing, but only for a short term.  For example, you can now buy coins and sell coins at the end of the year.

Agree. With the recent bear market, all you can do is buy coins at a cheap price and quickly sell them whenever prices rise a little. ZCash has seen a constant decline in its value ever since it launched as a cryptocurrency for the masses. Compared with its ATH in 2016, ZCash is still cheap and could become a bargain these days if it continues to grow in user adoption and development. By securing your coins now, you could effectively make some profit as ZCash grows into an ecosystem for fully private transactions.

The technology is there, but it will depend if the people adopts the cryptocurrency for usage in the mainstream world or not. ZCash could be a wonderful coin, but if it lacks marketing/promotion, then most people won't become aware of it, which will result in decreased usage over the long term. Hopefully, that won't be the case, as ZCash and other privacy coins gain momentum due to people's privacy concerns over popular cryptocurrencies such as Bitcoin and Ethereum. Just my thoughts Grin
jr. member
Activity: 252
Merit: 4
September 15, 2018, 09:10:04 AM
In my opinion ZCash is one of best privacy coin actually available with a team that try to "spread the word" around the globe to make the coin more and more known by people.
newbie
Activity: 60
Merit: 0
September 15, 2018, 09:08:47 AM
In Zcash it is worth investing, but only for a short term.  For example, you can now buy coins and sell coins at the end of the year.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 14, 2018, 02:07:18 PM
This is a very interesting project. I think that people will show interest in anonymous coins more and more. That is why such a coin can be considered for long-term investments.

Agree. Privacy coins like ZCash and Monero will become a big hit in the future once people realize that the government is watching them every step of the way. Demand for these cryptocurrencies will rise over time, as well as their price, making them a profitable journey for early adopters. ZCash fits the bill quite nicely and has a lot of room for growth in the future. The upcoming developments such as the Sapling release, will make ZCash lighter, faster, and stronger than ever. By enabling Shielded Transactions by default, ZCash will become a fully private cryptocurrency for the masses to enjoy.

Therefore, I do believe that ZCash may be well worth the investment after all, if it continues to deliver active development and innovation to the blockchain space. Just my opinion Smiley
newbie
Activity: 56
Merit: 0
September 14, 2018, 01:48:46 PM
Yep,why not. It has dynamic price and looks like an applicant for 3rd place in the market
full member
Activity: 602
Merit: 100
Decentralized Digital Billboards
September 14, 2018, 01:47:27 PM
It seems to me that there is nothing worthwhile and promising in it, except for the noise that was created around this coin. But speculators can well raise its rate and can earn.
newbie
Activity: 28
Merit: 0
September 14, 2018, 07:28:28 AM
this coin is looks like promissing. Like Bitcoin Zcash didn’t have an ICO on startup and is gotten purely through mining. However, unlike Bitcoin which utilizes only blockchain technology for transaction, Zcash uses zk-snarks an extra optional encrypted and more secure system to ensure that all the information regarding user transactions is safely encrypted.
sr. member
Activity: 644
Merit: 262
September 14, 2018, 07:27:13 AM
At the end of this month ZCash will implement Sapling protocol in its network, maybe with this type of upgrade we'll see also the price go to an higher level, it's an important upgrade for this coin
full member
Activity: 451
Merit: 100
September 14, 2018, 07:13:29 AM
One day at the time of Consensus I was lucky to buy ZEC and after few hours i fixed 40% profit! It was amazing, there was news about new listing on exchange.
member
Activity: 272
Merit: 11
www.becent.com
September 14, 2018, 07:10:48 AM
Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins.

In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not.

If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me.

Please let me know what do you think about this.  Smiley
I think this option is really promising coin for further development, profitable investments. Therefore now it is possible to think of perspective investments. Moreover, when the situation on the market begins to stabilize, prices must necessarily go up.
member
Activity: 406
Merit: 10
September 14, 2018, 06:10:53 AM
Yes, with a successful scenario in the market, this option can be quite a profitable and promising solution for investment. It is now the only coin with such principles of confidentiality. Therefore, prices continue to go up from the very beginning of the project launch, but in due course the price correction is possible.
newbie
Activity: 62
Merit: 0
September 13, 2018, 07:06:10 PM
Perhaps part of the money to invest in zcash for, but I would advise most of the money to invest in other coins. For example, if you are now investing in BTC and ETH when the market recovers will be able to get a good profit.
full member
Activity: 560
Merit: 101
Migranet ITO
September 13, 2018, 07:03:42 PM
ZCash is starting to interconnect with Ethereum. It can be very interesting in the future. Dogecoin price soared after such an integration.
NLO
member
Activity: 448
Merit: 10
MenaPay - Crypto made easier than cash
September 13, 2018, 07:01:50 PM
I am sure that this is a very interesting anonymous coin. Most people are interested in anonymous coins, so such a project will always be in demand among people.
Due to the constant corruption in the country and to hide the sources of income, anonymous coins will be very popular.
full member
Activity: 378
Merit: 102
September 13, 2018, 05:07:36 PM
I'm a big believer in privacy coins, and there will be huge amounts of growth in this arena. Zcash and Monero seem to be the big boys on the blockchain. That being said I think some of the smaller players with good marketing like Horizen (formally Zencash), Bitcoin Private and PriVCY are worth a look for investors.  GrinBTC
I think you're right.  I also plan to invest in this coin and hold these coins for a long term.  But it seems to me not worth all the money to invest in Zcash.
very good coin. but the faith in investing in this coin has already passed. you can certainly invest, in order to save the deposit. but we will not see much profit.
newbie
Activity: 124
Merit: 0
September 13, 2018, 04:44:51 PM
I'm a big believer in privacy coins, and there will be huge amounts of growth in this arena. Zcash and Monero seem to be the big boys on the blockchain. That being said I think some of the smaller players with good marketing like Horizen (formally Zencash), Bitcoin Private and PriVCY are worth a look for investors.  GrinBTC
I think you're right.  I also plan to invest in this coin and hold these coins for a long term.  But it seems to me not worth all the money to invest in Zcash.
brand new
Activity: 0
Merit: 0
September 13, 2018, 03:54:16 AM
Zclassic would be more preferable than Zcash.
sr. member
Activity: 532
Merit: 250
September 13, 2018, 12:49:14 PM
Yes, this can be a promising and profitable option for further investments. After all, the project has excellent prospects for further development, good technology and opportunities for further development. But in the current market conditions, I decided to wait a few months before investing money.
copper member
Activity: 196
Merit: 0
September 13, 2018, 05:57:02 AM
I think it is a good idea to invest in Zcash in a given time. Anonymity of transactions in the currently partially closed economic world finds its user.
member
Activity: 308
Merit: 10
September 13, 2018, 05:37:10 AM
Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins.

In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not.

If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me.

Please let me know what do you think about this.  Smiley
It seems to me that now is not the best time for promising investments in buying a coin. After all, I read information about the project. Many financial analysts now assume that the price of the coin is now slightly overstated. Therefore, within the next six months, a certain correction is possible.
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