Why privacy coins are the best deal right now

[Fennishlassy@gmail.com]

So one of the biggest trends this year will be privacy coins, we know this because the new investors will discover as we did that BTC isnt private.  A lot of the coins out there now like XZC, ZEN etc (see my signature for a list of others) have a really low market cap, like usually under 600,000,000.  I mean, you can try to guess which individual coins will moon, but it makes a lot more sense to just spread out your investment based on trends it seems to me. What do you all think?

[aintnopassincraze]

If you are deadset on privacy coins mooning, which I think is a good assumption given everything we know, then I would bet on a basket of privacy coins that are undervalued. If you don't want top market cap coins then aim for mid to small caps like

XSPEC
ONION
CLOAK

[lockept93]

I don't like ripple anymore cause it goes an easy but wrong way to colaborate with Banks.

I prefer also now coins that focus on privacy.

[jacjuice]

If you are deadset on privacy coins mooning, which I think is a good assumption given everything we know, then I would bet on a basket of privacy coins that are undervalued. If you don't want top market cap coins then aim for mid to small caps like

XSPEC
ONION
CLOAK

How did you even run across these coins? Never heard of them. Not saying they're bad or anything, just curious how you discovered them.

[minthit]

I have read somewhere that Japan has set to get 40% or something like that tax for cryptocurrency traders and the first thing that pops up in my mind was it's time for privacy coins. But, after thinking more and more, a question is still confusing me. What exactly is privacy coin for? I'm sure it's not just for avoiding taxes. I still can't find a satisfactory answer except a beautiful word 'freedom', but still even if it's the answer, what kind of freedom will it be?

[poplolnman]

I have read somewhere that Japan has set to get 40% or something like that tax for cryptocurrency traders and the first thing that pops up in my mind was it's time for privacy coins. But, after thinking more and more, a question is still confusing me. What exactly is privacy coin for? I'm sure it's not just for avoiding taxes. I still can't find a satisfactory answer except a beautiful word 'freedom', but still even if it's the answer, what kind of freedom will it be?

Lol yeah the statement you made in the first sentence makes the privacy coins looks created for the sake avoid taxes and any other things that feels make each of us in damnification  , the function actually to protect privacy of our transaction for whatever reasons, that's all.

[pooya87]

So one of the biggest trends this year will be privacy coins, we know this because the new investors will discover as we did that BTC isnt private.

bitcoin is offering a good level of privacy for those who are using it correctly, and believe it or not that level is more than enough for majority of users so they won't be looking for an alternative just to gain more "privacy". not to mention that these altcoins are not used anywhere else apart from dark markets! on top of that "investors" don't care about privacy because they are investors not spenders.

A lot of the coins out there now like XZC, ZEN etc (see my signature for a list of others) have a really low market cap, like usually under 600,000,000.  I mean, you can try to guess which individual coins will moon, but it makes a lot more sense to just spread out your investment based on trends it seems to me. What do you all think?

going up and how much has nothing to do with the size of their "market capitalization". an altcoin can have a huge one like XRP and still get pumped 7000% or it can have a small market cap like the unknown coins with low volume and still get pumped 7000%.
it depends on their pumpability and nothing else. and this factor is mostly affected by the price and a couple of other things such as pumping group behind it.

[serjent05]

I do not think that privacy coins are the best deal right now .  It has been like that, way back 2016 saying privacy coins is the best deal, but the fact that government are after regulation, I doubt these privacy coin will go mainstream.  Besides privacy coins had been around for more than 3 years if I am not mistaken so the market is not new, and since regulation is popping everywhere, I guess tokens / non-privacy coins is a better deal.

[BrewMaster]

there was a time last year when anonymous cryptocurrencies had about one or two months of heated market where everyone was talking about them and their prices went up a lot because of it. ever since then, i have not seen anything major regarding these types of coins.
don't just invest in them because you "think" they are good deal right now.