Guys forget about $ZEC . Even at a price of $1091 (As of this post), and having dropped by $500 in less than a month, you would still be taking a huge risk going into it right now. And for what? to possibly 4x your money at best if you hold long?
There are simply better, cheaper and lower risk options to go with right now that would yield the same results.
There's a reason why I have survived and done well in crypto after 8 years, and that's because of risk management. Every trade you make, you should be assessing the risk along with cost vs. benefit and if there are better options on the table.
For me (someone who loves low supply coins) - I have opted for BCH and TAO. Both of which are nicely priced right now.
Both cost significantly less than ZEC, and both can 4x or 5x from this point as much as ZEC can. In fact I think with the AI craze, I would not be surprised to see TAO eventually 19x close to the 5k price point.
Always consider the risk in every trade you make and the cost vs. the reward.
If you do decide to trade $BCH or $TAO please click on any of those tags. It helps me to monetize my work and to produce even more content on here.
Also please like and follow me for more. Thank You.
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ALWAYS DYOR. My posts are only speaking about Spot trading. I do not leverage trade currently, nor do I ever plan to.
There are simply better, cheaper and lower risk options to go with right now that would yield the same results.
There's a reason why I have survived and done well in crypto after 8 years, and that's because of risk management. Every trade you make, you should be assessing the risk along with cost vs. benefit and if there are better options on the table.
For me (someone who loves low supply coins) - I have opted for BCH and TAO. Both of which are nicely priced right now.
Both cost significantly less than ZEC, and both can 4x or 5x from this point as much as ZEC can. In fact I think with the AI craze, I would not be surprised to see TAO eventually 19x close to the 5k price point.
Always consider the risk in every trade you make and the cost vs. the reward.
If you do decide to trade $BCH or $TAO please click on any of those tags. It helps me to monetize my work and to produce even more content on here.
Also please like and follow me for more. Thank You.
------------------------------------------------------
ALWAYS DYOR. My posts are only speaking about Spot trading. I do not leverage trade currently, nor do I ever plan to.