I usually trade on poloniex and today saw a huge downward movement in all coins dropping nearly 40%of my investment?.is it due to zcash entry?what price will zcash land at ?at present it is trading at 8btc a coin iam so surprised confused about what to do?any expert advice?
I dont think so regarding with this thing about zcash hence i do heard lots of news that it would hit exchanges as of today and the potential price would be 30+ btc per coin which is really high but its just an assumption of many but i dont think it would reach that price but definitely it would be decent when it launch. Most of alts price do on downtrend because of bitcoins suddens price increase because of the adoption of chinese which have bought almot millions of bitcoin.