Is Monero a Good Investment? - page 66.

lllaqpt

full member

Activity: 420

Merit: 100

Quote from: SnapStefan on March 04, 2018, 05:22:16 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.

For me, yes, because I started buying alts with this anonymity coin and keep it up to now. Yes, someone can justifiably say that for all of its existence it has not passed the limit of $ 500 and this certainly lowers the demand and confidence in it. But I hope that when the level of capitalization becomes high enough, then the limit will be broken.

kirtofir23

newbie

Activity: 110

Merit: 0

I think no. It is better to invest in eth and get a good profit by the end of the year than investing in Monero and hoping that the price will rise.

JohnYDillinger

jr. member

Activity: 280

Merit: 1

I think yes, it has a lot of perspectives..

crawberd

newbie

Activity: 118

Merit: 0

I think the price of this coin will not grow very much. And I think it's better not to invest in Monero.

Dominic_King

newbie

Activity: 119

Merit: 0

For me, this coin is very promissing. Both the Monero community and Ledger are working on a hardware wallet for Monero. There is supposed to be a hardware wallet release for Monero in 2018. Hardware wallets are very important for any cryptocurrency as they are the safest way to store them.

Niklomn

newbie

Activity: 196

Merit: 0

You can try investing some money in this coin, but it seems to me that the price of this coin will not grow very much.

gloporo

newbie

Activity: 168

Merit: 0

I think Monero is not the best investment. There are coins more promising for investment, for example eth.

[email protected]

full member

Activity: 406

Merit: 100

Approach to the project in terms of its investment attractiveness is only after the previous approach with an overview of its technology. If you understand that the technology that is embedded in the project has value for users around the world, we can safely assume that the price of this asset will grow and it will grow really quickly due to the interest of users of this asset and in the way to pay for purchases in this way . I believe that they will have excellent profitability, but now I would advise using their coins more for themselves than counting them as an investment and counting on capital growth

strwy09

newbie

Activity: 138

Merit: 0

Monero's design does not currently have such a big flaw, and Monero is a completely open source project. The development is completely sponsored and guided by the community. There is no ICO money or large company control. Decentralized and interchangeable. Monroe is worth investing.

miraxgr

full member

Activity: 406

Merit: 100

I agree with you, monero is a good investment. Further globalization of the Monero cryptocurrency system will be automatically reflected in the growth of its exchange price. It is likely that in 2018, Monero will enter the top five of digital money in terms of capitalization. At the same time, we note that the current decline in the price of Monero is much less than the correction of quotations of its main competitors (Ether, Bitcoin or dash).
Given the above advantages of Monero, in the near future we can expect from its quotations update peak growth and further growth in the area of $00 per coin. And since the forecast for Monero is an increase in its value, the current correction is ideal for buying this cryptocurrency at a favorable price.

novaprime

sr. member

Activity: 812

Merit: 251

UniDApp - it's DeFi time!

Quote from: lonely20481 on May 19, 2018, 01:02:45 AM

Monero enough progressive coin. Undoubtedly, it is possible and necessary to invest in it.One of the main advantages of the coin is its security, its users and their payments are 100% anonymous and not controlled by anyone.

i agree, Monero may be greatest altcoins for security, every transactions from Monero are anonymous, until now, there are no reports show that Monero has been controlled by government, it is still a great investment for long term, however, because of its chareacteristic, criminals are using Monero more and more, so i think in the future not only bitcoin will be the target of governments but also Monero too.

machine1667

newbie

Activity: 66

Merit: 0

I think that a monero will always be a good investment, since it is one of the very first and best anonymous coins.

Carwyn Young

newbie

Activity: 108

Merit: 0

In my opinion, Monero is one of the most potential coins in the next few year. According to longforecast.com, the price of Monero will be in the range of $554-$638 in April 2020 and go up to $810- $945 by December 2020.

cryptolk

full member

Activity: 305

Merit: 100

ENTRY Cryptocurrency

I think you are correct as per my knowledge. Many folk called Monero as cryptocurrencey 2.0. One of the best coins to HODL

popotao92

newbie

Activity: 21

Merit: 0

Is Monero a good investment? Sure, many experts believe that this year a very dynamic growth of anonymous cryptocurrencies is awaiting. That's why Monero, Zcash and Dash are very attractive tokens to invest at the moment.

Griffith Allen

newbie

Activity: 91

Merit: 0

There are some reasons why Monero could be successful over the coming years. First, Monero is private, which is increasing its demand in both legal and illegal transactions. Second, the Monero team is working on a project called “Kovri”, which is basically trying to improve the privacy aspect of Monero even further.

lonely20481

newbie

Activity: 9

Merit: 0

Monero enough progressive coin. Undoubtedly, it is possible and necessary to invest in it.One of the main advantages of the coin is its security, its users and their payments are 100% anonymous and not controlled by anyone.

Pechalka

full member

Activity: 560

Merit: 100

XMR only for saving not for good profit. It's the most privacy coin that have own features. But without any breakthrough development points. And that's why it will stable and without big p/d. But and without loses.

AshikurRahmanKhan16

copper member

Activity: 251

Merit: 11

Monero always was a good investment to me. And now it is investing worthy. Your research is pretty well. Bitcoin has avoided in darknet for its high transaction fee with the too slow network. This is the main reason. And, monero has the anonymous facility with a low fee and quick transaction service. So, monero is a good investment for future

torontoconti

member

Activity: 112

Merit: 10

Monero cryptocurrency is a good investment. Monero has a great potential to grow and become a popular currency. Every type of investment contains risks and every one needs to make their own research before buying.

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