Is Monero a Good Investment? - page 15.

godspree

member

Activity: 294

Merit: 10

Quote from: SnapStefan on March 04, 2018, 04:22:16 AM

Dear bitcoin community,

I recently started researching in altcoin and I tried to figure out which other altcoin is more used in sending money online (I think a traded currency shows that the currency will resist in the future and will grow) and I came to the conclusion that Monero is that coin.

Why Monero? I think it's pretty simple, Monero because I saw that everyone from the dark web asks for payments in Monero, and this leads me to think that Monero would be a good investment now because from what I understand, even Bitcoin has first massively traded on the dark web, and Monero came as a more anonymous alternative to the dark web and so it replaced the bitcoin there.

So, as the title of this thread says: Is Monero a Good Investment?

I have presented my theory, but what do you think?

Please expose your opinion to help me in making the final decision whether to invest my money in Monero or not.

I deeply appreciate your contribution on this thread.

The price prediction for this coin shows that it has the potential to do well long-term. For instance, a five-year prognosis for XMR shows that the price will rise to $2104 in 2023 with revenue of +556.54%. If you invest $100 in Monero today, you are likely to get $656.54 in 2022.

teleminergroup

newbie

Activity: 74

Merit: 0

This is a strong coin. And most importantly - anonymous coin. This is her main advantage, that no one will know the owner of the coin

GetRich

copper member

Activity: 76

Merit: 0

I think that the time will come and the coin of the Monero will be very much in demand. But now it seems to me that buying this coin is not the most promising investment, although not the worst.

Bonanzabits

member

Activity: 364

Merit: 21

I think that today Monero represents the idea of cryptoanarchy much more accurately than bitcoin himself. I think that this coin has a collosatile future, and it's never too late to buy it.

permatasai

newbie

Activity: 93

Merit: 0

why monero is very popular with darkweb users because they are very focused on user privacy so that transactions cannot be seen unless authorized by the user, sender address, recipient address, and the number of transactions "hidden" with RingCT technology. this contrasts with very transparent bitcoin starting from the sender's address, recipient address, and the number of transactions can be easily seen in blockexplorer.com or blockchain.info

Ni-in

member

Activity: 203

Merit: 10

Today a new report from the Satis Group, a research group sees Monero at 18k within the next 5 years, based on it's untraceable character and the need for some people to withdraw their money this way. Lot's of predictions going around, but this one is quite bold for Monero.
Should have bought when it was a few dollars.

malik2003

newbie

Activity: 126

Merit: 0

i think monero good for investment. I don't know what would happen in the future but it was an amazing investment back when it was released. I used to be mining Monero for some time and earned some good amounts. Not sure if a tenfold can be seen in a near future but that train was certainly a fun one to ride.

Rtalk

jr. member

Activity: 420

Merit: 1

Monero refers to the anonymous cryptocurrency which is highly underrated. Its value is still too far from the limit.So I would consider this coin for long term investment.

genixye

newbie

Activity: 154

Merit: 0

I also think monero is a good coin, the monero coin is in a good position, and I think it's a potential and promising coin for you to invest in. Suitable for long-term investment.

lubah

full member

Activity: 360

Merit: 100

Quote from: Tidsdilatation on March 04, 2018, 04:26:01 AM

I think so, yes. Most of the darknet markets are moving towards Monero, which gives it value. Also the privacy feature is value in itself. When govnerments come cracking down on Bitcoin, alot of money will move into Monero. When this will happen we dont know, but Monero is a good investment if you HODL. In my opinion.

I also adhere to such a point of view that when bitcoin ceases to be the money of the darknet, part of the money will go to monero and this coin will necessarily grow in the long term.

IlfarIldarovich

full member

Activity: 448

Merit: 100

In general, yes, at the moment there. Almost all the altcoins have already played their last year's growth and there is an option whereby most of the coins will drop even lower and most of them will not rise again. At the moment, I would just be watching the market.

idioma1

newbie

Activity: 266

Merit: 0

I did not know much about this altcoin. But my advice is simple - make a deep research. Pay attention on the product, its activity and community

shtodelat

newbie

Activity: 132

Merit: 0

Monero, a good coin. But I don't think it will grow in the near future .

seregaleon

jr. member

Activity: 238

Merit: 1

This coin is in great demand in the shadow economy sector, so it seems to me that if you do not do anything like this, then this is not the best investment

maromak

newbie

Activity: 112

Merit: 0

This will be a year of privacy and untraceable currencies. And Monero is the best on the market. and Monero is very potential and promising, so of course Monero will be a good investment.

loveinberlin

member

Activity: 336

Merit: 10

I think that Monero is not so good investment. To my mind, it is better to hold popular coins like btc and ether. To my mind, they are the best coins ever and you will be able to benefit from holding them

EEE14

member

Activity: 104

Merit: 10

Monero is a sort of crypto which is additionally a decent investment , despite the fact that its valuue is lower than bitcoin yet it has likewise an alternate capacity as of bitcoin , it is use as protection and decentralization process in advanced market.

nik9990

full member

Activity: 616

Merit: 100

First Islamic Crypto Exchange

most likely, the coin has good protection and anonymity - one of the requirements for promising crypto currency

SergeyS

full member

Activity: 228

Merit: 100

I think Monero has potential, especially for long-term investments.The coin has a stable growth, it is traded on different exchanges, and its value is not large.I think this is one of the most used cryptocurrencies for trading.

BitcoinTurk

hero member

Activity: 1666

Merit: 629

I think that it will be the right choice to decide according to how long you are investing because it will not be a very profitable option in the short term. I do not think that it will be a new investment record in the short term even though it is an investment option that has been proven itself during the bull season last year. In the long term, I think that having a good project will reach more valuable levels and make new record refreshments. Of course this is a matter of preference, but I think it is an option that should be added to every portfolio little or no difference. Of course, what percentage of your portfolio will be covered is entirely up to you.

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