ZBCN (Zebec Network)

[JamesDaniel90]

I am looking for a new altcoin to invest in while prices are low and have come across ZBCN on Coinbase.

Currently $270m market cap which is pretty low so feel it has room to grow, good that its on Coinbase and all of its supply is in circulation so that's good too.

I have had a quick look on coinmarketcap and looks like quite a few are bullish on it just wondering if anyone else is invested or even knows of it?

I will add it to my watchlist for now and if it falls down to around $200m market cap next few months then I may start to DCA into it.

[$crypto$]

This token you are referring to?  https://coinmarketcap.com/currencies/zebec-network/
According to Coinmarketcap data this token is not on Coinbase.

I would not invest anything for now in any altcoin that has a low marketcap, considering that now that bitcoin is starting to crash, the price of altcoins like this token will experience a severe decline.

To invest in altcoins the risk is too high --- and the recovery to increase the price is usually difficult again.

[JamesDaniel90]

This token you are referring to?  https://coinmarketcap.com/currencies/zebec-network/
According to Coinmarketcap data this token is not on Coinbase.

I would not invest anything for now in any altcoin that has a low marketcap, considering that now that bitcoin is starting to crash, the price of altcoins like this token will experience a severe decline.

To invest in altcoins the risk is too high --- and the recovery to increase the price is usually difficult again.

Yes that is the one, it is only a 250m market cap so should go down quite a bit if Bitcoin continues to fall next few months but when good times return it will 5-10x in no time as many low cap altcoins do.

I will keep an eye on it, won’t buy yet as we are going down currently.

[JamesDaniel90]

Done 2 equal buys so far, one at 252m market cap and the other yesterday during the crash at 214m.

Hoping it falls lower next few weeks, would be good to have an average below 200m to then hold long term.

[Tamedbeast]

Very soon you will realize that you bought too early, zebec is going under 0.000+ because if you look at the chart you will see that it's just starting to retrace in this bear market, there is nothing protecting it from a free fall, it's going to wreck alot of investors like yourself, let Bitcoin sneeze off another 10% now many of these altcoins won't even survive.

[JamesDaniel90]

Very soon you will realize that you bought too early, zebec is going under 0.000+ because if you look at the chart you will see that it's just starting to retrace in this bear market, there is nothing protecting it from a free fall, it's going to wreck alot of investors like yourself, let Bitcoin sneeze off another 10% now many of these altcoins won't even survive.

Yeah I sold it the other day at break even.

I bought the first bag at $252m market cap just before the recent crash and i feel alts will go lower next month or two so if it goes down to around $100m market cap, I will take a small punt on it then.

Alts do survive during bear markets and I think this will too.

[JamesDaniel90]

Very soon you will realize that you bought too early, zebec is going under 0.000+ because if you look at the chart you will see that it's just starting to retrace in this bear market, there is nothing protecting it from a free fall, it's going to wreck alot of investors like yourself, let Bitcoin sneeze off another 10% now many of these altcoins won't even survive.

Been almost 4 months since this and it has not gone below 0.000 yet ..

Im hoping it does but don't think it will go that low now as its been holding pretty strong last few months.

The only way i see it going below 0.000 is if Bitcoin goes below $60k.