Is Monero a Good Investment? - page 60.

MrBlack001

newbie

Activity: 25

Merit: 0

At some point of time in the near future I reckon the crypto environment will be regulated.

I can imagine that governments do not like 'stealth coins' like monero and will try to forbid these. One such example is the Japanese government trying to push exchanges to drop altcoins favoured by criminals (Monero any1? Cheesy

). I foresee more of these kind of actions from governments.

Personally, for this reason I will not invest in stealth coins like Monero.

debianbro

newbie

Activity: 136

Merit: 0

I would advise investing in more promising coins, for example in EOS. Now Monero is not the best coin for investment.

bagikoin

sr. member

Activity: 784

Merit: 250

quite nice even is the right choice. over the next few years, Monero may become very large. but it took the process and certainly also intense competition as well as from another altcoin, as well as many other altcoins are grown and starting to become big.

Xiao Mei Mei

newbie

Activity: 291

Merit: 0

I think for now yes, because I see Monero's growth is very fast.

illiki23

sr. member

Activity: 602

Merit: 295

Hail Eris!

If you believe in the coin, and Monero is a solid privacy coin, then now is a great time to buy when looking at the charts alone because it seems to be at the bottom of a natural volatility based dip - but I would double check if there was any news or 'black swan events' which would explain the dip other than volatility.

kilimanjaro54

newbie

Activity: 196

Merit: 0

I think this is not the best investment coin. I advise you to choose another coin.

george888055

sr. member

Activity: 574

Merit: 250

I would recomend to be very carefull with so-called privacy coins. Financial agency in many countries asking cryptocurrency exchanges to delist privacy coins like Monero, Zcash, and Dash

GUNGUN12

full member

Activity: 392

Merit: 100

Quote from: SilverChromia on June 01, 2018, 12:08:01 PM

I think Monero is not just a good investment but for me it is also best to invest. i even heard and read a lot of topics about Monero and i know this things gain a lot of popularity in the world of crypto because i read how good it is and it also has a potential like ethereum to continue and remain on the top as he has a good features and have a lot also investors to support them

I think monero is very risky for investment,
because already some exchangers remove them because of anonymity.

oldminer78

hero member

Activity: 756

Merit: 505

In general, all the coins from the top 10 are very attractive for investment. A Monero with its anonymous technology can grow very much.

*kimcil*

member

Activity: 180

Merit: 10

Monero is a good investment if you are HODL, because Most of the darknet market is moving towards Monero, raising monero value. When the government comes cracking down on Bitcoin, a lot of money will move to Monero. When this will happen we do not know, but this is in my opinion. the decision is yours.

Bambam28

full member

Activity: 378

Merit: 100

Yes, investing in anonymous coins is a very good idea. I'm sure that in a few years these coins will become very popular. And this means that the price will go up.

jin_dv

full member

Activity: 406

Merit: 100

If the integration of XMR with mobile and hardware wallets is successful, you should expect a steady growth. In General, the forecast for 2018 is optimistic: the developers are always working to improve the network, and the community recognizes all the advantages of Monero.

Kakady13

member

Activity: 210

Merit: 10

I think that this is a good investment, but a long-term one. I myself think about investing in this coin and I think it's worth taking.

dumplingsandsushi

member

Activity: 476

Merit: 41

Yes Monero is fantastic.

When you look at what coins are good to invest in, you should also consider what category they fall under and what is their competition.
For example smart contract platforms category: eth, neo, ada, eos, etc.

So monero falls under the privacy coin category and it's competitors are: dash, verge, cloackcoin, etc.

Hands down, Monero absolutely dominates all these other privacy coins.

It has better tech, constant development, a unified community, brand name recognition, and is actually being used.
Don't worry about the price, in proportion to it's circulating supply, it is actually still pretty cheap even though it has contantly been in the top 20 coins.

A lot of people see privacy coins as going huge this year as regulations start to settle in.
That means that monero will particularly have a good year this year.

SilverChromia

member

Activity: 357

Merit: 10

I think Monero is not just a good investment but for me it is also best to invest. i even heard and read a lot of topics about Monero and i know this things gain a lot of popularity in the world of crypto because i read how good it is and it also has a potential like ethereum to continue and remain on the top as he has a good features and have a lot also investors to support them

kariky_123

newbie

Activity: 103

Merit: 0

No doubt, one of the biggest benefits of Monero is privacy. Power of blockchain usally increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all the security benefits of the blockchain without any of the privacy trade-offs. Also it can't be hacked to steal funds, due to power of distributed consensus.
Monero has been on the list of the biggest cryptocurrencies for a while.

Cuthbert Allen

newbie

Activity: 99

Merit: 0

Monero could be a good investment, because many people consider investing in digital currencies. Since our technological world is changing, you can transact fast, secure, and anonymously. It uses a technology similar to the Virtual Private Network, thus defining itself as untraceable. Everyone has a favorite cryptocurrency. If Monero (XMR) happens to be your favorite, then keep following its latest news.

Azaria Rodriguez

newbie

Activity: 101

Merit: 0

I speak highly of Monero. In essence, the announcement by Monero (XMR) to introduce a kill switch for Bitmain’s centralized mining is that it will increase investor confidence in Monero. Investors will now be under the impression that Monero wants to maintain the core value of blockchain technology, and that’s decentralization. This move is also likely to attract more miners into Monero, thanks to the assurance that the developer team cares about their activities.

Garrick Lee

newbie

Activity: 104

Merit: 0

Currently, Monero is trading around $160. The forecast for the calendar year end 2018 is around $ 650. Furthermore, the five-year forecast is around $2000. This ensures that from the present level as well, the appreciation which can be attained in this cryptocurrency is significant. If you’re looking for a cryptocurrency to invest in for the next couple of years, Monero surely seems to be one of the best options which you can invest in. It will help you in diversifying your portfolio easily as well.

mmo_online_1981

sr. member

Activity: 798

Merit: 250

XMR coin is safe and private for your transactions. Currently, a lot of governments and organizations are concerned about XMR's privacy, but I always trust the development of XMR coin.

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