Post
Topic
Board Altcoin Discussion
Re: Is it good to invest on cheap promising coins?
by
Abiky
on 29/09/2021, 16:20:10 UTC
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.

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 ?

Technically speaking, ZERO is quite a promising project. But we should keep in mind that it's not about which attractive features a blockchain network provides. Instead, it's all about how actively developed and adopted a cryptocurrency is for it to become a widespread success. Not every cheap coin is meant to be a good long-term investment. You should do your own research about the project's team, what's backing it, and how actively developed and maintained it is. Only then you can decide whenever to buy and "hodl" long term or simply look for another alternative. There's strong competition on the crypto/Blockchain space, so it's hard to tell whenever ZERO will become a success or a failed experiment in the future. I'd stick with the good-old coins (mainly Bitcoin, Ethereum, and Litecoin) just to be safe. Just my opinion Smiley