The market rose 0.9%, while this one gained 4.7%—these two privacy coins are quietly raking it in again
Closing data for October 12: $ZEC $1,277 (+4.7%), $XMR $537 (+3.7%). Meanwhile, BTC was up just 0.9%, and the median was +1.3%.
You have to hand it to privacy coins this time around: they didn’t follow the market down while it traded sideways, and when it bounced, they ran the fastest. The logic isn’t complicated—the tighter the regulations, the more valuable the demand for anonymity becomes. That’s the enduring story behind privacy coins.
But here’s the caveat: privacy coins are twice as volatile. It wouldn’t be unusual to gain 5% one day and drop 8% the next. You can chase the rally, but don’t get carried away with your position size.
Do you hold any privacy coins? Which do you favor, $ZEC or $XMR ? Tell us in the comments 👇
#隐私币 #ZEC #XMR
Just my personal opinion; this is not investment advice.
Closing data for October 12: $ZEC $1,277 (+4.7%), $XMR $537 (+3.7%). Meanwhile, BTC was up just 0.9%, and the median was +1.3%.
You have to hand it to privacy coins this time around: they didn’t follow the market down while it traded sideways, and when it bounced, they ran the fastest. The logic isn’t complicated—the tighter the regulations, the more valuable the demand for anonymity becomes. That’s the enduring story behind privacy coins.
But here’s the caveat: privacy coins are twice as volatile. It wouldn’t be unusual to gain 5% one day and drop 8% the next. You can chase the rally, but don’t get carried away with your position size.
Do you hold any privacy coins? Which do you favor, $ZEC or $XMR ? Tell us in the comments 👇
#隐私币 #ZEC #XMR
Just my personal opinion; this is not investment advice.