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posted ago by GODisinc0ntr0l ago by GODisinc0ntr0l +15 / -1

Can someone please walk me through this? I have downloaded the coinbase app and have a wallet app, and now I'm ready to buy. But, I just need assurance. Is there any possibility of losing this money once I move it? Who uses it? How? Is it secure? Just need to know that smart people other than Dave from x22 are buying this and that its a strong move.

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dabdaddy 1 point ago +1 / -0

The problem is you're valuing your investment in USD.

Check out your zcash against bitcoin.

https://www.tradingview.com/x/8tWOhSHf/

ouch

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deleted 0 points ago +1 / -1
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dabdaddy 2 points ago +2 / -0

are you retarded?

Zcash/BTC: https://www.tradingview.com/x/ocQm7clV/

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FreshFriggy 1 point ago +1 / -0

Yes. Along with one of the biggest cryptocurrency-focused venture capital firms. https://fortune.com/2018/01/31/bitcoin-cryptocurrency-zcash-buy-invest/

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deleted 1 point ago +1 / -0
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FreshFriggy 1 point ago +1 / -0

See that is kind of a dumb way to approach this situation if your goal is to potentially retire in 5 years. OK, so zcash is $150 per, bitcoin is $60,000 per. So for $15,000 you can get either 100 zcash or 1/4 of a bitcoin. Now zcash has been evaluated by a major crypto firm to potentially be $60k in 4 years, bitcoin is projected to potentially hit $1 million at some point. So lets say zcash doesn't even come close to the $60k projection, lets say it only hits half that at $30k. $30k X 100 is $3 million. But if bitcoin actually hits $1 million and you hold 1/4 of one then you have made $250k.

There is a huge potential with zcash at this price, and I don't care what you think about it, because I have over a hundred and my portfolio balance has skyrocketed this year. Nobody knows whats going to happen , I might lose everything, bitcoin might plummet out of nowhere, DOGE could soar to a $1million. All I'm saying is I am informed about my investment and I believe in it, and I support you investing in whatever you believe in.

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deleted 1 point ago +1 / -0
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FreshFriggy 1 point ago +1 / -0

Yeah, it was an exaggeration. DOGE has an unlimited supply which is what I feel will keep it from ever being remotely valuable.

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FreshFriggy 1 point ago +1 / -0

I however would like to note that I invested $6,000 so far and have 119 zcash which is worth over $18k. I welcome any criticism about my decision to choose zcash to invest in.