1 min read
Add as a preferred source on GoogleAlliance DAO Co-Founder QwQiao Projects Zcash (ZEC) at $5,000 to $20,000
QwQiao argued that a $300 price swing did not prove bears had won and favored long-term investment theses over five-minute chart trading.
Alliance DAO co-founder QwQiao said he expects Zcash (ZEC) to reach $5,000 to $20,000 by the end of the current cycle, arguing that a $300 price swing was not enough to show that bears had won.
QwQiao favored building long-term investment theses around quality assets over frequent trades based on five-minute charts. He described holding those assets as a way to pursue potential returns of 10 to 100 times.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.