After reviewing privacy coins, XMR and ZEC have similar logic. Recently, XMR has been on a good rise, and I am pondering what the driving force behind it is—there is indeed demand from the gray industry, but after this trend passes, the price will naturally fall back.



The problem is that the current position is already there. From a risk-reward perspective, chasing the high and entering now offers a rather average profit and loss ratio. My idea is to continue observing and consider entering during a pullback once the technical signals become clear, which would be more prudent. The privacy coin sector is worth paying attention to, but the timing of entry is very critical.
ZEC9.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FomoAnxietyvip
· 5h ago
When the wind blows, it should fall back. This logic sounds a bit too absolute to me. Wait, chasing highs now is indeed easy to get trapped, but is it possible that the demand for privacy coins actually persists in the long term? The technical signals haven't appeared yet, I'm just waiting... XMR has risen so sharply, I always feel there will be a pullback. Honestly, I regret not paying attention to this area earlier. The timing of entry is really crucial; the previous lessons are still vivid in my mind. I'll observe first and see if the signals appear.
View OriginalReply0
FreeRidervip
· 5h ago
Chasing XMR high is indeed a gambler's mentality; once the hype passes, you have to cut your losses. Wait for the pullback before jumping in; stability is good, but I'm just afraid you'll never get the chance. The demand for gray industry can't sustain an eternal bubble; this is inevitable sooner or later. ZEC doesn't have any advantages either; both feel like yesterday's news. The privacy coin concept has been hyped for so many years; what new tricks can it still play? I just want to know who didn't escape when the price was $30. Technical signals? The technical signal for privacy coins is the policy signal. How much of a pullback would make you dare to buy in? Talk about your target price. This round of rally feels like the final madness; it's hard to be optimistic. The hype about the "hype cycle" is good for fooling new investors, but seasoned traders have seen through it. It's really just a gamble on the attitude shifts of various countries; everything else is虚假的.
View OriginalReply0
LiquidityWhisperervip
· 5h ago
Chasing high and buying in is just giving the market makers money; this logic makes sense. Wait for a pullback signal before entering, it's very safe. The privacy coin trend comes quickly and goes just as fast, don't get caught being cut. XMR's upward momentum is good, but this price level is indeed a bit risky. Observe and wait, don't rush to buy in. This wave is a bit like hot potato; you need to find the right moment to get out. The track is worth paying attention to, but the real opportunity is during the pullback.
View OriginalReply0
RetiredMinervip
· 5h ago
Chasing highs at the peak of the storm—that's just asking for self-destruction... Let's wait for the pullback.
View OriginalReply0
SmartContractRebelvip
· 5h ago
Chasing the high, I've truly learned to cut losses... When the wind blows through the trend, it's just a trend, why rush to catch the wave? --- The recent surge in XMR is indeed tempting, but the demand from gray industries can't last long, a correction is inevitable. --- Agreed, entering now just makes you a bag holder; better wait until the technicals show some signs. --- Privacy coins are fine, but the key is to pick the right timing; otherwise, you'll just become a weed in the basket. --- Exactly, with such a poor risk-reward ratio, what's the point of rushing in? Better wait for a correction signal to confirm before taking action. --- The logic behind gray industries is too fragile; can coins relying on this last long? It's a bit uncertain. --- Let's observe for now, no need to rush. Missing out on a wave is better than losing money. --- XMR is rising, but I still want to see if the technicals support it before deciding whether to jump in.
View OriginalReply0
SchroedingerAirdropvip
· 6h ago
This wave of XMR is indeed a bit fierce, but you're right, after the hype passes, it will fall. Wait, is it really just gray demand behind this? It doesn't seem that simple. I'll wait for a good entry point before jumping in. Chasing high now isn't really cost-effective.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)