The last example above has seven leading zeros (after the decimal point).
Now, let’s suppose we conducted thorough research on a promising coin that had a certain number of leading zeros in its price. This is a good thing! Why?
Because if that coin is purchased, say today, and next year from now had no leading zeros in the price, you will profit. Let’s look at a coin that I am about to purchase. Notice that it has leading zeros in its price at the moment.
What is DogeCoin? It is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as “the internet currency.”
DogeCoin is currently trading at $0.006472 and is surging in price. If you purchased, say $200 worth of DogeCoin at today’s price, you would own 30,902 DogeCoins. Now, let’s say this time next year DogeCoin is priced at $5.00. Your DogeCoin would be worth $154,511! (Hopefully, DogeCoin will go above $5.00, no one knows. But at its current price and the popularity of the coin, it is a risk I am willing to take. Investing is a risk. I have a feeling DogeCoin).
See the power of those leading zeros in a coin?
WARNING: DO NOT treat all low-priced coins in this manner. In other words, do not buy because you see lots of leading zeros in the price. I selected DogeCoin after researching it and found that it has potential.
To get started with DogeCoin you …
Download their wallet (Windows, MACOS, or Linux)
Install the wallet
Use the wallet
You can fund your wallet with DogeCoin. Here is a link to some businesses that accept DogeCoin. (BitcoinShop.us)
A retired Information Technology Specialist and Foreign Service Officer with a large U.S. Government Federal Agency, Technical Instructor, Blogger, WordPress Instructor, Web Designer, Internet Marketer and Cryptocurrency Investor and Mentor.