Back in April 2019, I wrote an article hyping why I like Zilliqa. Nothing has changed. I like Zilliqa, even more, today because it is a solid project that has not gone anywhere and it is making steady-but-sure progress.
Zilliqa solves a major problem with blockchains. As stated in that article I mentioned that as more people use the blockchain networks of Bitcoin, Ethereum, and others to make day to day transactions – and specifically on the Ethereum network with developers running their dApp smart contracts – those blockchains cannot efficiently handle the demand. They do not scale in proportion to the demand and the result is that we see slow transaction speeds and higher transaction fees.
Plus crypto payments are not yet mainstream. As just mentioned, transaction fees are getting more expensive, transactions growing slower to process, and the technology is confusing for the average person.
I believe that Zilliqa in the years ahead will be a major game-changer with regards how cryptocurrency transactions are conducted.
Given that the price of Zilliqa (ZIL) is currently at $0.009765, right now would be a good time to load up on some and hold it for the long-term.
For example, $100 would buy you 10,240 ZIL tokens @ $0.01. Let’s play with some numbers: If Zilliqa becomes that “game-changer” and the price goes up to $1, your 10,240 ZIL tokens would be worth $10,240! So, the strategy here is very simple: Load up on Zilliqa. Just saying.
I believe Zilliqa could go much higher than $1.
Is it a risk? Yes? Is $100 a lot of money? For some yes? Are you willing to invest $100? Only you can answer that question. You could lose it. You could gain, too!
As for me, I have invested an initial $500 in Zilliqa and hold 50,000 ZILS. Monthly, I have budgeted to accumulate 40,000 ZILS until I have accumulated 500,000 ZILS.
Nothing other than Bitcoin and Zilliqa has my attention, and I have budgeted to place a very modest amount of my monthly income into these two cryptocurrencies as long-term investments.
I no longer have to manage a portfolio of ten or more coins. These two will do.
Keeping it simple. KISS is an acronym for “Keep it simple, stupid.” The KISS principle states that most systems work best if they are kept simple rather than made complicated; therefore simplicity should be a key goal in design, and that unnecessary complexity should be avoided.