warrenhochfeld

ZCash, Bitcoin 2.0 with advanced tech and privacy

Long
BITTREX:ZECUSDT   ZCash / Tether
Bitcoin is the pioneer and current leader by market capitalization but that does not mean that in the short term it is the better investment opportunity.
ZCash is like Bitcoin 2.0 with the addition of privacy. ZCash uses zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.

The crypto-community are in an ongoing debate about the technical discrepancies between other privacy coins such as Monero, Dash, Zencash (ZEC fork), ZClassic (ZEC fork), PIVX (DASH fork), ZCoin and many more. Then we have the technical analysts utilizing various charts and statistical indicators to determine price support/resistance , range and trends. Whilst the technology is one of the key components in the determination of long term success and the technical analysis is key for predicting short term trends and ideal entry points they do NOT provide an adequate model for measuring long term Return on Investment ROI.

The ultimate long term success factor for any digital asset will be institutional adoption and support from various agencies which will require that regulatory compliance is in place for such investments.

It’s already happening but only for a select number of coins. ZEC is one of those coins as is ZEN (Horizen), Ethereum Classic ETC and others that are currently under the investors radar.

For more information please have a look at my previous ZEC posts.
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