• About
  • Contact
  • Our Team
  • Privacy Policy
Newsletter
Crypto Recorder
Advertisement
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
Crypto Recorder
No Result
View All Result
Home News Altcoins

Zclassic ZCL: Be advised before investing

Charles Thuo by Charles Thuo
April 17, 2018
in Altcoins, Featured, News
Stellar
1
SHARES
Share on FacebookShare on Twitter

For majority of cryptocurrencies, it is always all joy when the prices drop, but that is not the case with ZClassic ZCL. Even the slightest drop in prices in the cryptocurrency markets translates to a better chance of purchasing the specific cryptocurrency under consideration.

For instance, if a cryptocurrency token was going for $12 and after a while the price drops to $11, it means investors will be purchasing the tokens at a cheaper price. However, for you to invest in a cryptocurrency, you have to be sure that the crypto coin has a bright future. It is not just a game of trial and error. You should have some facts to support your anticipations/speculations.

Related articles

Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019

What is happening to ZClassic lately?

From mid-January 2018, ZClassic (ZCL) has been on a constant depreciation for over two months now. At first, investors thought that it was just the normal retracement, especially after the price hike that occurred from 21st December 2017 to mid-February 2018; only for the prices to fall drastically.

From 18th February to 2nd March, the price of ZCL dropped drastically from $188.97 to $10.89. This was a 94% depreciation in a period of less than a month and this got investors bare footed with most losing much of their investments.

As if nothing happened, the price of the cryptocurrency has continued to depreciate further to even below $5.

Over the past few days, the price of the crypto coin has improved slightly, although not very significant.

Can one invest in ZClassic now?

For most financial markets, it is always advisable to purchase assets when the prices are low with anticipations that the prices will rise. However, you have to do some serious analysis and determine if there are hopes of the asset ever appreciating any time soon.

For ZClassic ZCL, the price seems to be yet to appreciate. The slight increase from $3.08 USD on 30th March to the current $5.31 USD is quite insignificant considering the bearish trend that has dominated the crypto coin over the last two or so months.

For now, the best advice would be to give the coin some time to sought itself out before investing in the coin. But if you have a lot of cash, you can invest a portion in ZClassic since even if it was to become valueless, you would only stand to lose about $5 per token.

You should be on the lookout for any new developments or news about ZClassic and especially those that will involve project to make ZClassic ZCL a better investment option. At the moment, the development team is yet to announce any release.

 

Tags: cryptocurrenciesZClassic (ZCL)
Share1TweetShare
Previous Post

Verge XVG, Ripple XRP and EOS Price Technical Analysis: Verge Price Tanks in the Wake of Pornhub Partnership

Next Post

Gnosis (GNO) – Technical analysis projections 17th – 18th April

Related Posts

Digibyte vs Litecoin
Altcoins

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano
Altcoins

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Funding
Education

The Top 7 Sources of Startup Business Funding

February 18, 2019
Dogecoin
Altcoins

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Digibyte
Altcoins

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Cardano
Altcoins

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019

Leave a Reply Cancel reply

Your email address will not be published.

No Result
View All Result





Latest News

  • Trending
  • Comments
  • Latest
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Dogecoin

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Digibyte

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Cardano

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019

Cardano (ADA) to hit $10 within the next one year!

January 19, 2018
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Funding

The Top 7 Sources of Startup Business Funding

February 18, 2019
Dogecoin

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Digibyte

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Cardano

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019



Crypto Recorder

CryptoRecorder.com is a Dedicated Cryptocurrency news website and writes a variety of educational articles related to smart crypto trading, bitcoin and altcoins. You will find a details article on almost every hot altcoin and unbiased analysis of coins.

Recent Posts

  • Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?
  • Ethereum (ETH) could keep rising in anticipation of ETH staking
  • The Top 7 Sources of Startup Business Funding

Follow Us

Facebook Twitter Google+ RSS

Newsletter

© 2017 JNews – Premium WordPress news & magazine theme by Jegtheme.

  • About
  • Contact
  • Our Team
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us

© 2018 Copyright CryptoRecorder.