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Topic: Buy Monero then Hold? - page 2. (Read 2197 times)

hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
July 27, 2019, 07:48:01 AM
Monero as one of many potential altcoins will give you a big profit in the long term, but you should have the patience to wait for the monero price increase higher. Maybe we need to wait for a long time to see monero will reaching the high price because we don't know when monero will be increased. But that still worth if we can hold until we know the price can start the rally.
full member
Activity: 574
Merit: 100
July 27, 2019, 05:10:37 AM
my advice if you invest altcoin like monero don't forget to invest Bitcoin. at least there is holding 50% bitcoin of your capital. Remember Bitcoin is the King of Crypto Smiley
member
Activity: 616
Merit: 30
July 27, 2019, 04:06:09 AM
I think, Monero, or XMR has the potential to reach $ 100 this year.
Price of Monero was $100 only a week ago. So it can be $100 again this week. We will not need to wait until the end of the year for this.

If you are going to hold cryptocurrency and avoid speculations (which is recommended due to the market shaking), Monero will be one of the best decisions. This altcoin with high anonymity is still undervalued, but it is waiting for the right time to show that it is much better than Bitcoin Cash, for instance or even Litecoin. I trust it much and buy Monero.
If you’re talking about holding make sure you can take for atleast 1 or more years to prevent speculation more than a normal market movement I have seen many investors saying they are ready fo holding but if they just saw a little price drop what comes to them are selling and they forgot the word Holding anymore this is not the proper way of treating our coins.
But Monero is one of the best choice for holding because this has a potential and may bring good profit in the years to come
jr. member
Activity: 140
Merit: 2
July 27, 2019, 03:42:04 AM
1. The liquidity of XMR is quite high, thus investing in this coin you reduce the risks.
2. XMR is in the top 50 cryptocurrencies, this suggests that this coin is not deprived of popularity.
3. The creators of the platform do not sit idle, they are constantly working to improve this product, I constantly follow the news.
4. And most importantly, this coin is mined through the CryptoNight algorithm , which makes it competitive.

But there are downsides, it is certainly heavy algorithms transaction size, which only increase, as well as the complexity of mining. Many analysts argue that Monero develops extremely quickly, this coin has a great future. But in any case, the advantages of Monero overshadow its shortcomings, so that the coin is popular!!!!!!!!!!


XMR occupies about 17% of my investment portfolio, I would not say that I admire it, but this coin sometimes pleases, especially in the bull market.
legendary
Activity: 2730
Merit: 1288
July 19, 2019, 05:54:19 PM
yes, monero is indeed a good asset. but is there an event that will be carried out by the monero developer in the near future?

Developers deliver every half year. Protocol gets upgraded, beside that they there are updates that polish bugs. Progress is constant. Most developers work fro free, some gets paid by the community donations. Same with a research lab, that keep researching new possible technologies that can get implemented in Monero or to increase its privacy or to keep privacy but reduce transactions size/time.  Monero is one of coins with highest development rate and for this Monero did not need any ICO or a company or a premine or anything similar. It depend on voluntary work and community donations.
full member
Activity: 686
Merit: 103
www.fintropy.io
July 19, 2019, 03:09:06 PM
I think, Monero, or XMR has the potential to reach $ 100 this year.
Price of Monero was $100 only a week ago. So it can be $100 again this week. We will not need to wait until the end of the year for this.

If you are going to hold cryptocurrency and avoid speculations (which is recommended due to the market shaking), Monero will be one of the best decisions. This altcoin with high anonymity is still undervalued, but it is waiting for the right time to show that it is much better than Bitcoin Cash, for instance or even Litecoin. I trust it much and buy Monero.
member
Activity: 345
Merit: 10
July 19, 2019, 11:28:41 AM
yes, monero is indeed a good asset. but is there an event that will be carried out by the monero developer in the near future? if there is a plan for it then there will be an increase in sure. otherwise we will only rely on increasing markets.
sr. member
Activity: 1582
Merit: 253
July 19, 2019, 09:01:40 AM
indeed, at the moment, to buy monero coins is very good because if we buy from now on, of course in the end of the year, if not at the beginning of the coming year, we can certainly get good profits and promise also
full member
Activity: 783
Merit: 100
July 19, 2019, 11:26:34 AM
Monero once reached a good price, but right now I think the potential of Monero will return to good condition after the Monero price decline. so I thought buying Monero was a good choice
jr. member
Activity: 62
Merit: 1
July 15, 2019, 06:49:46 AM
1. The liquidity of XMR is quite high, thus investing in this coin you reduce the risks.
2. XMR is in the top 50 cryptocurrencies, this suggests that this coin is not deprived of popularity.
3. The creators of the platform do not sit idle, they are constantly working to improve this product, I constantly follow the news.

XMR takes about 13% of my investment portfolio, I would not say that I admire it, but this coin sometimes pleases.
member
Activity: 616
Merit: 30
July 19, 2019, 10:06:08 AM
What about Monero (XMR) performance, is it still popular, can we get big profit from it?
Let me know what everyone thinks about the Monero!
Know what mate?when you invested in every cryptocurrency you must not put a huge expectation,because this mind set will hinder you from doing the right move whenever the coin have a good movement,imagine if you expected 30-100% profit and the one you hold has only 20% growth then you will deny that 20% and will wait for another growth?as we knew volatility is what made crypto market goes and after small pump mostly dumping follow.not unless you are for 3-5 years of holding then you may consider choosing that plan
full member
Activity: 770
Merit: 101
July 15, 2019, 06:43:07 AM
What about Monero (XMR) performance, is it still popular, can we get big profit from it?
Let me know what everyone thinks about the Monero!
Private electronic money is actually one of the topics that are being talked about a lot over time. Many people have doubts about Monero being scam and also have positive thinkers about it.
But the positive community is heading towards Monero more and many people say that when cryptocurrency becomes too PUBLIC, investors or whales will need it to launder money.
jr. member
Activity: 378
Merit: 1
July 19, 2019, 09:46:14 AM
indeed, at the moment, to buy monero coins is very good because if we buy from now on, of course in the end of the year, if not at the beginning of the coming year, we can certainly get good profits and promise also
I do not realize which factors are good enough and secure enough for your reasoning because even experts, they dare not promise what they are holding will raise prices, for someone who is too ordinary like you, your judgment has a very low accuracy rate. In addition, the market is providing us with so many new places, the lands that are really developing, instead of turning into old lands, why don't we have new options, things that will increase our success rate, Monero is no longer the only option, we have many other alternatives
full member
Activity: 1022
Merit: 152
July 19, 2019, 09:11:43 AM
we see menero now at cmc still in the price range of $ 82 usd more, for short-term investments I think it's also good the most important thing is to keep an eye on and understand the movements.
full member
Activity: 686
Merit: 108
July 19, 2019, 08:43:55 AM
Monero has a good future and is also a coin that is suitable for long-term holdings, so don't forget to include Monero on your list.
I don’t see any hype on this but this coin is really good to hold for, and the future is getting better for Monero. If the supply gets limited, the price will boom. Its time to buy, hold and buy again don’t forget to diversified your money with Monero coin.
brand new
Activity: 0
Merit: 0
July 15, 2019, 05:47:26 AM
It seems that interest in confidential coins is growing again and the popularity of Monero is also growing, so for now, while the market is red is a good opportunity to buy more Monero. I do not know which wallet is the most convenient for this and where it is better to buy and store Monero, but I recently used the wallet of the Indacoin exchange and I liked it. Maybe someone like me uses this wallet to buy and store Monero? By the way, there are many other cryptocurrencies in it, it is a symbiosis of a crypto exchange and a multicurrency wallet.
I agree, I also use the Indacoin exchange wallet, I buy cryptocurrency as needed and I keep it in the same wallet. Now I’ve just thought about buying Monero and storing it for long term, I think it will be a good choice.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 18, 2019, 07:31:32 PM
I wouldn't buy Monero as a speculative asset, I would buy Monero to use it...
If we are having a purpose to buy a speculative asset and bitcoin is much better than it and I have the same opinion like you because I'm only buying monero when I wanna create an anonymous transaction for someone.
that's better than using it as speculative asset because monero has no utility usage to be used on its platform.
legendary
Activity: 2730
Merit: 1288
July 15, 2019, 06:22:14 AM
if your decision is clear then you can definitely get successful with your decision because there are lots of people holding it and investing it so that I can also try some investment right here from this situation it will be profitable also.
monero is a good coin, investing in monero is the same as in ethereum, I'm sure there will be an increase even though all coins are in a bad condition for trading now. but this is good for buying monero and some other assets.
Probably for trading, shopping in Dark Net, making anonymous transactions, Monero is a good coin, but I'm not sure that it is suitable for long-term investment. I’m worried that governments and banks want to de-anonymize cryptocurrencies and take different steps for this in the form of creating bills banning anonymous cryptocurrencies. Perhaps a similar tension around anonymous coins will negatively affect their price.

Usually when prohibition happens in those countries or states price of that item increases and not decline. If you would like to research for how much, you can look at alcohol prices before the alcohol prohibition in USA and after.

Of course i believe prohibitions will be rare and short, since everyone including gverments have a good use case for opaque ledger crypto currencies.
hero member
Activity: 797
Merit: 500
BBOD fast, non-custodial & transparent Exchange
July 18, 2019, 06:34:33 PM
Monero has a good future and is also a coin that is suitable for long-term holdings, so don't forget to include Monero on your list.
legendary
Activity: 2730
Merit: 1288
July 18, 2019, 11:39:59 AM
I wouldn't buy Monero as a speculative asset, I would buy Monero to use it...

Why would you no buy as a speculative investment a coin that you recognize to have a use case?  Rare other have one.
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