Post
Topic
Board Altcoin Discussion
Re: Is Zcash worth to invest in it?
by
Haliburton
on 04/10/2018, 16:12:40 UTC
Zcash is great altcoin likewise in light of the fact that the cost is keep on expanding. More individuals currently purchasing zcash. This altcoin like an ethereum cost is nearly $300 each . Yet, ethereum is more superior to zcash however in the event that you need more benefit its better you have zcash and you ethereum and hold for couple of years and make a great deal of benefit after that. Be that as it may, nobody can anticipate the cost later on.

ZCash seems like a great coin to invest for the long run. But, it's quite disappointing to see it stale in price movement after its All-time-high of more than $1,000 per coin within its early days of launch. This was probably because the coin was overhyped, but now it seems to be under the radar of many serious investors. The technology is there, but without proper marketing/promotion and real-world usage, ZCash would not go very far compared to other cryptocurrencies like Bitcoin and Ethereum.

Several improvements have been planned for ZCash, but even if its technology is new and revolutionary, Monero is still on the lead as the world's biggest privacy coin to-date. Still, ZCash has one advantage which is the exact same supply as Bitcoin's. With this, ZCash would be able to stay in the top rankings in market cap if it becomes extremely valuable, leaving other altcoins behind it. Monero on the other hand, has a much bigger supply, which means more inflation over time. Due to this, I think that ZCash could become more valuable than Monero in the future, due to its deflationary design just like Bitcoin.

If you're willing to invest into a well-known altcoin that has many exchanges trading it, then ZCash would be the most viable option. But, if you're looking to make quick profit, then I'd suggest that you look elsewhere. Roll Eyes