Is it good to invest on cheap promising coins?

[South Park]

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.

Anyone can advice if this could be good investment for the next 2 years ?

As other users have stated it seems to me that you are trying to promote that coin and you're not really thinking about investing in it because you already did and you are trying to get people into the project so you can benefit out of it, or you are one of the developers of that coin and you are trying to generate interest in it, and if that is the case then this is the wrong way to go about it because now people are going to think that you're being dishonest and instead of making people interested in this coin you are going to make them suspicious about it.

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[Twinkledoe]

I'm not including the example you have given but yes, you can give new and promising projects a chance. But you should be really sure that they are promising projects rather than scam ones. I have no idea about "Zero coin". But recently, the favorite coin is Solana. It is a very promising project and you can check the price statistics also. You will see that it was even under $1 last year but now it has an ATH level like $215.

Just heard this zero coin because of this thread. Based from my impression, I don't think this coin is promising, but the OP can always do his homework and check if there are ongoing developments for this coin. Their trading volume is low but better than most surviving alts. It is only good to invest in cheap coins if there are actual developments happening. But if not and the team is not active, better stick to top alts rather than hoping your investments will grow x50 or x100, without any reason.

[Ultegra134]

I'm not including the example you have given but yes, you can give new and promising projects a chance. But you should be really sure that they are promising projects rather than scam ones. I have no idea about "Zero coin". But recently, the favorite coin is Solana. It is a very promising project and you can check the price statistics also. You will see that it was even under $1 last year but now it has an ATH level like $215.

I've never heard of this Zero coin before either, as I mentioned earlier, there are instances that these newer/less known coins are worth investing. Do your research, you could even invest in multiple new/cheap coins as well, instead of one. If one goes down, you won't lose all your money, while this practice is providing you with more investment opportunities.

[RussianEnglishTranslation]

It is a good idea to invest in cheap, undervalued coins if there is a real world problem they are solving and a competent team. Some undervalued gems I am buying include:

REF
PARAS
OCT
Skyward
Aloha
0xMR
MAGIC
DERO
ETN
SPELL
NAOS

[inanilujimi]

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 ?

what is the promise of this coin??
there are no big changes even though the market is very bullish this year, for me investing in altcoim at least has a real movement in the last year not experiencing a retreat when the market is bullish, it's not wrong to look for cheap altcoins for the future but not for zero coins.

[Al Qiyamah]

Please just invest in cheap coins but not damn coin. See and analyze first how its existence was at least one year earlier. Is the project running and well developed or not. It's better to choose a coin that is in the top 100 if you want to invest in cheap coins and save it for the long term.  

[coin-investor]

They are in the market for four years and early investors, if they are still holding this coin, are -98.3% at loss on their investment, if this is a promising coin they should have a break or at least got close to their all-time high, unfortunately, the coin is losing its value, and after four years they have not reach in the top exchange, something is wrong on this coin, I won't advise people to invest on this coin it's cheap but it's a shitcoin to me.

[Jackl87]

Hello everyone,

I'm thinking about to invest in Zero coin.

Anyone can advice if this could be good investment for the next 2 years ?

Well your Forum Name suggests that you are either from the zero team itself or a bag holder of Zero coin and your thread is just created to shill your coin in a pretty obvious way but that is fine with me. There are a lot of projects out there that are here since a few years now and have proven, at least for me, that they are really here to stay because they keep developing stuff and improving their code and so on, but still they are somehow neglected and not even known to the wide audience for whatever reason and i can imagine that must be really frustrating and demotivating sometimes if you see that absolute sh*t-projects like all those meme-coins are getting hyped like crazy and have a daily trading volume of 10 M$+

[lizarder]

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 ?

Zero coin still looks normal for now in the market, many people haven't even thought about investing in this coin, if you look at the opportunities and potential in the market, it doesn't seem good for this year, but the chances for Zero coin I think are in two or three the next year, because almost all existing coins, usually will provide a maximum selling value in the fourth or third year, I think this Zero coin is a long-term investment and is not suitable to be bought and sold at a certain time with a short distance.

[imamusma]

A cheap thing is not necessarily a good thing. A good thing must be expensive because it is worth it.

Will it be like that forever? because in general it is because the good ones will always be hunted by many people so the price will be expensive, but in cryptocurrency it is not required to only look at the price side, because there are also good and good cheap coins such as Cardano, Tron, Swipe, Tko, as well as Ftm, where they are all still very affordable and not bad either.

[michellee]

Before you invest in that coin, you need to research to find out if it is suitable for your investment or if it will not be good for you to hold for a long time. If I take a look at the market, that coin is available on the small market which I do not think that the price can rise in a short time. Many good coins with a low price in out there and it is available on Binance, Kucoin, Bittrex, Gate or other big exchanges. That will be better for you to buy the low price coin at those exchanges and hold it.

[dustboy]

<snip>

what is the promise of this coin??
there are no big changes even though the market is very bullish this year, for me investing in altcoim at least has a real movement in the last year not experiencing a retreat when the market is bullish, it's not wrong to look for cheap altcoins for the future but not for zero coins.

He says it is promising coin because he is shilling for the coin. OP has a faucet site for this zerocoin too, so it does make senses that he is wanting to make people aware about this coin in a hope that people will be interested to invest some money to buy zerocoin. In my opinion, zerocoin will be like as its own name "zero". Zero promise and zero opportunity to be a good investment.

[arifteguhr]

Please just invest in cheap coins but not damn coin. See and analyze first how its existence was at least one year earlier. Is the project running and well developed or not. It's better to choose a coin that is in the top 100 if you want to invest in cheap coins and save it for the long term.  

If you like cheap coins and want to keep them for the long term, then the best choice is Tron, Matic and Cardano because I see these three coins have shown their potential in the market and also many people like them, both for trading and as their investment choice.

[ilovealtcoins]

This project is brand new, but I think it is unnecessary and the usage environment is not high because many projects are already listed on bigger platforms, stronger community, more complete source code and important thing. Most importantly, they have investors, big partners.
The above factors make a project successful. I have also invested in similar projects, but the results were not favorable because they kept dormant, the developers were slow and some projects stopped because they probably ran out of money to develop project development.
Don't think too much about the capitalization of the project, sometimes a $100 million capitalization can grow to several million dollars instead of a $2 million project that hasn't moved for several years.
Here are my suggestions. You can refer to other sources.

[SquallLeonhart]

Hello everyone,

I'm thinking about to invest in Zero coin.

Anyone can advice if this could be good investment for the next 2 years ?

Well your Forum Name suggests that you are either from the zero team itself or a bag holder of Zero coin and your thread is just created to shill your coin in a pretty obvious way but that is fine with me. There are a lot of projects out there that are here since a few years now and have proven, at least for me, that they are really here to stay because they keep developing stuff and improving their code and so on, but still they are somehow neglected and not even known to the wide audience for whatever reason and i can imagine that must be really frustrating and demotivating sometimes if you see that absolute sh*t-projects like all those meme-coins are getting hyped like crazy and have a daily trading volume of 10 M$+

There are a million people like this in the crypto world, there is really no need to care about them at all. I would personally say the same thing to him but he realizes that we would say this as well, he doesn't care about it at all. At the end of the day he just came in here, said what he said and he left, now it is all about zero coin getting attention from this, he has already done his job and he doesn't have to do anything else.

Unfortunately the forum is filled with these people who are shilling, twitter and telegram and many other places are filled with these people as well. So, do not be feeling anything sad about it, just be happy that we at least have a forum to say they are shills and not serious as a response to them.

[Spack17]

I don't know about Zero coin much but I examined the price chart. Its all-time-high level is $9.94 which happened 4 years ago. And since then, this coin is worth just nothing. As long as the team continue to work on this project and make it better, I don't expect anything to change in the future. So, you can just follow the updates about the coin and decide what to do later.

[gurunanakji777]

If its promising one can consider investing whether it's cheap or costly. But in Zero coin the trading volume is very less and it won't attract new investors honestly speaking. I saw this coin pumped when the bull market was at its peak in Jan 2018 but after that, it never recovers back. I won't advise holding this coin for another 2 years I don't expect much from this coin.

[Cling18]

No matter how long the coin has been founded and created, I would still prefer to invest in a coin with a huge potential that has passed lots of tests of time. Those coins are top coins with a strong foundation already. I find it risky to invest with old coins that still haven't proved anything until now.

[Hypnosis00]

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.

Does it really matter?
Sorry but this is the first time heard about the zero coin project, maybe I was skeptical to check the market well but even the name itself, I'm not interested. Because if this project looks promising, it can be on the top listed coin on the market but unfortunately, it was not so it obviously saying how it looks like.

Anyone can advice if this could be good investment for the next 2 years ?

I'm not. Just prove to us that we are wrong. Just show to us that this project will exist 2 years from now and able to see its use case in the market otherwise, this project will be dead again.

[deathcode]

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.

Does it really matter?
Sorry but this is the first time heard about the zero coin project, maybe I was skeptical to check the market well but even the name itself, I'm not interested. Because if this project looks promising, it can be on the top listed coin on the market but unfortunately, it was not so it obviously saying how it looks like.

Anyone can advice if this could be good investment for the next 2 years ?

I'm not. Just prove to us that we are wrong. Just show to us that this project will exist 2 years from now and able to see its use case in the market otherwise, this project will be dead again.

at least if it's a worthy project, it should be trending in the market cap. I'm also not sure about the asset.
but in the current market conditions. some potential assets are experiencing an increase despite the correction from BTC. I don't think the current goal is for cheap asset prices. but look at the potential assets that have decreased. because they have a good chance of getting a bounce in the market.