I have been searching a coin that will be considered as the long term investments. Currently, the price of zil coin in binance is $.05, do you think it is worth for the long term trade?
I am thinking if I will buy it or not since the price is very low today. What do you think?
People are saying buy anything because just about everything is "cheap" right now. However, I would advise caution. We are experiencing the same thing that started after the last big spike in 2013 and we didn't see recovery until 4 years later. Just be prepared to be holding for a long time... possibly another 3-4 years before we see prices soar back up and then do the same thing of going back to half again. Trends tend to repeat. I wouldn't be surprised if it happens again and in the time between now and then we will be waiting all these years and probably watching the price range-bound going up a little and down just the same.