The sky is not falling…prices change…long term strategy pays off when the business model is sound…though I’d like to see more “hype and sizzle” from the ZCash people when it comes to marketing and building brand awareness.
Couple of months ago zec was worth more than ethereum, now even dash is costing more.
I’ve always put my faith in zcash, but at this rate, it’ll be costing less than litecoin
Buy orders under 0.07 BTC —> High probability reversal
If it gets less than litecoin… there is something wrong with either the coin itself or the team. I don’t see problems with either. Dropping to less than litecoin is a very very strong indication that something is really wrong though.
No disrespect meant here, but I feel like your faith was in the profits of ZEC. As with a lot of newcomers. Those profits have gone from short term to long term now. The current price of ZEC would really only pose a problem for those interested in short term profit.
I can totally understand this because while I was originally looking for quick cash 4 months ago, I’ve come around to more of a long term investment and have ZEC at the top of my list. As I’ve stated in other threads as well, ZEC as a whole has come a long way already and achieved what most coins take years to accomplish, in less than a year. This coin is not even a year old yet. All of this gloom and doom talk when ZEC isn’t even the only coin suffering. It goes up and down with the rest of the market. It has seen some steep drops yes, but it has been consistently around the $180-200 mark for nearly 2 months now.
3 Likes
I suppose the same doom and gloom should be applied to BTC as well (the culprit of this drop again)?
2 Likes
analysis, analysis, analysis. always been good at finding value in different markets, and estimating with high confidence in true market value of whatever is being traded. i’m a long term position trader, meaning i might not adjust for months on end. long term analysis is dependent on fundamentals. fundamental analysis is (basically) behavioral economics used in conjunction with game theory. this is a very short answer for a subject i could write an essay on.
2 Likes
None taken. I promise you i’m not trying to be pessimist, I’m still hodling zec, and not for short term, not at all, neither worried about current profit. I just get my moments lol, first big investment here.
I’m in for the long haul 
3 Likes
I can appreciate that because I’m in the same boat. I really screwed the pooch so to speak with BTC. I was a very early adopter and I gave up (stupidly) very early on. A couple of years later and I was kicking myself 
3 Likes
Well, it seems life has given you a ZECond chance. Together we stand, brother
HODL!!!
4 Likes
How much % are you pure cryptos? Do you diversify, be it indices, fx, equities, futures and commodities?
(as-of-now) off-top-of-head:
vested in cryptocurrency - 70%
fx - 20%
commodities - 10%
always on the look-out for neglected markets, or markets with potential, so prefer to have money in highly liquid markets like fx.
do invest in metals (copper/platinum).
do short gold futures when the opportunity arises.
mostly out of equities because I feel they’re overbought, but will move in after a nasty blood-on-the-streets multi year correction. do own shares of AMD, tho …and bonds are boring to me!
2 Likes
Diversification is overrated imo. Exception being if you are a algo trader/quant. Then it is best to diversify by using many different trading strategies. But as an investor I see no point of it, to get great ROI one must find a great opportunity. Rarely one is able to spot several great opportunities at the same time.
love finding a market with potential, concentrating resources, and building a large position over time! a lot of people might look at 70% crypto like it’s crazy… i’m no whale, but crypto has been very good to me… zcash included. if i feel like another market has more potential - i’ll move!
DASH price is more than ZEC now. Is DASH more interested than ZEC for investors?
1 Like
Dash price increased because they released an official app for iOS which is big. We need official iOS and Android apps to boost price.
1 Like
I think we have to continue dreaming about that for ZEC haha
Guten f*cking morgen.
And Today we will have the BTC keep rollin down down down, under 2K 
https://www.youtube.com/watch?v=brdqJ29PQac
Maybe all the way down to 1900EUR
As of right now the price of ZEC is loosely connected with the value of BTC. I don’t see why a lower btc value is good for zec. Zec is too new and dependent to hold its own value IMO.
@Blue in a way it would be great if it was 100% tied to BTC at least for it’s infancy, but when bitcoin first hit around it’s peak, ZEC was 300 - 400 usd, but now, when bitcoin raised again close to those highs, ZEC only rose to ~200 and now under 200.
I’m still mining ZEC but of course it’s a bit demoralizing to see it fall to over half what it was worth, but that’s crypto for you.