Is it good to invest on cheap promising coins?

[MonaLeeTracy]

If I were you, will think 100 time to invest in low volume coin, Moreover Zerocoin is a privacy coin that has been abandoned by investor. I won't keep money on a coin like this for a long time (2 years), because I think there are still many other coin that can still profit me.

[martina14]

Yes, it is good but it depend on the development they have for the coins, just like for example KAINET, AIDI, SHIB, and SPC all these have a
cheap price value in the market under by BSC platform but its volume daily is not that bad actually. And there is a good development happening for their coins. And you can try to check them out at poocoin actually.

[imstillthebest]

sorry because my first impression is bad not until i read the specifications of this coin , i was then impressed because the coin has a combination of privacy and zero transaction fee .
 its cheap but im not sure if im going to be happy for that or not because the coins ath was 12+ usd which happened 3 years ago according to coingekos data . tho i might need to check the coins website and see if whats in store for them .

[Mkmanik]

I'm thinking about to invest in Zero coin.

You are promoting this coin as an investor or you are a founder/team member of this coin? You are a newbie member in this forum and you have two posts here. 2 posts are about this coin. So its make sense that you are one of the team members of these coins.

However, I am not showing any interest in this project. The volume is very low and listed some little exchange. I am not going to buy any coins that ranked are 3000+ according to Coinmarketcap. Instead of this coin, there are a ton of legit projects available. if you really an investor in this project, Don't forget to manage your risk. Because the risk-reward in this coin is very low.

[uttoransen]

Your userid is FreeZeroCoin and you want us to believe that you don't own this coin?

However, congrats for getting this coin listed on CoinMarketCap and I see that it has a small market cap building already. The coin does seems to have a small value - not much to catch an investors attention.

Keep working on it, run some bounties perhaps and hopefully it will grow into something bigger.

[Samurai trieng]

If I were you, will think 100 time to invest in low volume coin, Moreover Zerocoin is a privacy coin that has been abandoned by investor. I won't keep money on a coin like this for a long time (2 years), because I think there are still many other coin that can still profit me.

I totally agree with you, that investing with altcoins that have a low market capitalization is not the right choice, because its growth takes time and a long process, therefore buying potential altcoins is my main priority, because my goal of investing is to  profit not seek sensation,

[7788bitcoin]

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.

There is another option where investors will be chasing, to find a potential project and fund them during their initial run and that means you will be having the coins at a huge discount and once the project is listed in an exchange you will end up earning a huge profit. There is an entire market out there where people are taking advantage and the risk are higher but the amount of project you can make is really high if you are able to crack the market on how to invest in these seed funding period.

[Rengga Jati]

I'm thinking about to invest in Zero coin.
.....
Anyone can advice if this could be good investment for the next 2 years ?

Are you sure that this is a promising coin?
You said that Zero coin has been mined since 2017, so this project at least has been existed since around that year, right?
How can you say that this coin is a cheap promising coin? If:
- It has a small trading volume even has been traded for several years.
- It is not listed on top exchanges even has been a long time
- The price drops very significantly far away from the ATH
- There is no significant progress and development of the project or coin even after several years

Well, I am personally will be very careful when going to choose this kind of coin.
In fact, you are part of the team and this is not kind of a good advertisement or promotion method

[MonaLeeTracy]

I totally agree with you, that investing with altcoins that have a low market capitalization is not the right choice, because its growth takes time and a long process, therefore buying potential altcoins is my main priority, because my goal of investing is to  profit not seek sensation,

When entering into the cryptocurrency market, we must stay focused on the main goal, ie get profit from the trades that we do. Each cryptocurrency has its own advantages and disadvantages, and of course with a different range of risks. Every trader has their own ideal coin choice, but smart traders will always have the top 10 coin to minimize the risk of losses that will be faced.

[molsewid]

There is another option where investors will be chasing, to find a potential project and fund them during their initial run and that means you will be having the coins at a huge discount and once the project is listed in an exchange you will end up earning a huge profit. There is an entire market out there where people are taking advantage and the risk are higher but the amount of project you can make is really high if you are able to crack the market on how to invest in these seed funding period.

This one is a good idea to be considered honestly but all you have to do is to chase correctly which project is good for investments. I do have a lot of people I know that probably a risk taker and make an investment to a new and starter projects and got a great profit once the project get boomed in the market. We all know by experience on how to look for a good project from reading the whitepaper, deep research about the project and background checking the devs behind the project and also knowing the use cases of the project and the tokenomics.

[harizen]

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

It depends on how you define the word "promising coin".

If you are following the coin for a long time now, you can somehow able to create your own criteria to consider if it's worth risking your money. Interact with its community and try to read other feedback and views about the coin as your reference. Much better to lurk there for long to see if there's an ongoing update or development about the coin. Active community support and representative of that coin is a must too so you need to take note of that.

No idea about that coin so trusts your DYOR. You can apply my advice not only on that coin but on other coins you wish to make an entry as well.

[maydna]

If I were you, will think 100 time to invest in low volume coin, Moreover Zerocoin is a privacy coin that has been abandoned by investor. I won't keep money on a coin like this for a long time (2 years), because I think there are still many other coin that can still profit me.

If he wants to invest in the cheap coin, he should look at ADA, TRX, Matic, or ALGO and other coins because I think those coins will have the time to increase. Besides that, those coins are at the top of the 50 coins list, so the chance to increase will be wide open, especially for two years. After you have one of those coins, you can stake it for two years to earn some amounts that can help you increase the amount in the next two years.

[Ekyfitri]

If I were you, will think 100 time to invest in low volume coin, Moreover Zerocoin is a privacy coin that has been abandoned by investor. I won't keep money on a coin like this for a long time (2 years), because I think there are still many other coin that can still profit me.

If he wants to invest in the cheap coin, he should look at ADA, TRX, Matic, or ALGO and other coins because I think those coins will have the time to increase. Besides that, those coins are at the top of the 50 coins list, so the chance to increase will be wide open, especially for two years. After you have one of those coins, you can stake it for two years to earn some amounts that can help you increase the amount in the next two years.

yes, the assets you mentioned are quite cheap and have pretty good upgrade potential. it would not be wrong to choose some of the assets you mentioned.
if I might add TWT, SFP, TKO, and WRX. they have good cooperative relations with potential projects. somehow I always liked the exchange of coins. like the BNB I bought a few years ago.

[the rise]

There are no promising coins. All investments have their own risks. Cryptocurrencies also have risks. In fact, the risk is higher than investment in general. However, it is not wrong if the coins we buy based on coin data that last years in the top position.

[BD Crypto]

I don't Think its a good decision because we have many promising crypto projects to invest and they have a good fundamental and already have a huge marketcap.So never go for these types of Shitcoins because its  the worst decision to make risky investments

[LordMiguel]

IT IS difficult to pick out the best promising new coins. i have tired picking out the best cheap tokens but have always failed. expect making the choice to buy Axie infinity and this is my best choice since. i have picked good tokens and unfortunately sold off without looking back. later these coins make 500% and i am left to regret my moves. i have decided to hold whatever token that i bought and wait for the bull market to raise. so i can sell.

[Mpamaegbu]

From what is in the OP, the user isn't seeking advice or anything close to that. They're actually shilling a particular token and hiding under the guise of interrogation.

If it were a genuine question seeking suggestion I would say; yes, investment in cheap but promising coins is the way to go. Just make sure any coin you pick has a use-case and committed team. Those are what truly matter.

[Anonylz]

If you see anyone that's worth it, why not, that's even the best way to make your money because the project is cheap and promising so at the time it becomes expensive you would have made some good profit, if you are serious with your question then my advice would be go ahead.

[maju69]

You promote Coins and it appears in the name of your own account, this is just a way to try to fool some newbies. Very disappointing, as if you want to invest but you are a part of it. There is no better advice than to avoid coins that have absolutely no special status in the eyes of investors. We honestly don't want to know how this privacy coin started in such a non-transparent way, nor is the project visible on a fairly popular site.

[albon]

Cheap and promising coins have a golden opportunity to invest because their current price is not expensive and the value of these coins may double within a short period and these coins don't require a large capital like the famous currencies, so it is the first choice for all beginners investors to get good profits in the future.