If you are looking for long time investment then Monero is one of the best choice.
Since ATH it lost 84%, you can buy Monero in 84% sale, isn´t it good?
Topic: Monero 20% down, time to buy? - page 3. (Read 697 times)
Monero is 20% down , because btc went down and thus a whole market do the same . It's a best anonymity cryptocurrency but despite this it is difficult to predict its relevance in the market and its price. It is a more risky asset than bitcoin or ethereum and investing in it you need to be prepared for anything, because no one knows what awaits anonymous coins in the future
I am still not optimistic about buying Monero for now. When bitcoin shows great movement these days, it's not the right time to buy now. I prefer ethereum and BCH. At least that's what I think has a good chance this season.
Monero has always been a decent coin, I know this %20 would be affecting the future possible profits but right now bitcoin is making a decent run and I doubt the altcoin rally will start anytime soon.
Yes, you would be right to buy monero, anyone who gets some into their portfolio would be making a great decision but right now I feel like maybe I should holding bitcoin a bit more like at least a month maybe until end of the summer and then buy altcoins which is why I wouldn't get it now. That is not because it won't go up, it will definitely go up but I just feel like there are profits and there are profits, why would I buy and wait for something when I can already make profits as it is right now. However if you already have monero and not going to just buy, then I would suggest holding.
Yes, you would be right to buy monero, anyone who gets some into their portfolio would be making a great decision but right now I feel like maybe I should holding bitcoin a bit more like at least a month maybe until end of the summer and then buy altcoins which is why I wouldn't get it now. That is not because it won't go up, it will definitely go up but I just feel like there are profits and there are profits, why would I buy and wait for something when I can already make profits as it is right now. However if you already have monero and not going to just buy, then I would suggest holding.
If you are interested in privacy coins, Monero is hands down the best one to buy.
It is considered one of the big coins even though it is not in the top 5.
It's been around forever, has consistently done well, and has a huge community backing it.
So 20% down is of course, a great time to buy.
It is not one of those coins that will just continue to fall and fail.
With Libra and btc looking to finally bring crypto mainstream, the demand for privacy coins will most likely increase.
As regulations set in, and centralized payment methods become a burden, something like Monero will become more valuable.
And since there is a price correction now, buy up!
It is considered one of the big coins even though it is not in the top 5.
It's been around forever, has consistently done well, and has a huge community backing it.
So 20% down is of course, a great time to buy.
It is not one of those coins that will just continue to fall and fail.
With Libra and btc looking to finally bring crypto mainstream, the demand for privacy coins will most likely increase.
As regulations set in, and centralized payment methods become a burden, something like Monero will become more valuable.
And since there is a price correction now, buy up!
Monero is a long term coin. Dark web is using mostly monero, so I guess everyone would use it anyway and price will keep growing.
Don't bet all of your funds on 1 coin, but include it in your portfolio
Don't bet all of your funds on 1 coin, but include it in your portfolio
Currently, altcoin falls because of the sharp increase in bitcoin, as well as Monero (XMR).
even though Monero is currently falling, I'm sure they will fall more on the next few days. keep calm let's look at bitcoin movements and consequently at the altcoin price. only then can you decide whether it's the right time to buy.
even though Monero is currently falling, I'm sure they will fall more on the next few days. keep calm let's look at bitcoin movements and consequently at the altcoin price. only then can you decide whether it's the right time to buy.
Monero is a great coin with continuous development but 20% drop in price might not be the best time to enter the market because btc experience some sharp draw down in price both yesterday and today; no one is sure of what next.
I will advise to wait until btc is corrected again and ride with the wave.
I decided to buy Monero because of this 20% discount. Very liquid coin, with a high level of anonymity. I will keep for a long time Monero. I will advise to wait until btc is corrected again and ride with the wave.
The whole marketis down today and I think it is a good time to buy because the next wave will take crypto to over $20K that we all hope for this year. Many were waiting for this period because they nearly missed the 20K train again this year and I think btc dropping today is a good chance for many not to miss again
The whole market is doing this and its an opportunities for most of investors to make a clear move buying projects that will give them good chance to earned, good example now is buying this coin and store it for your long term investment, you'll see after everything went high this coin will bring good value.
Monero is a great coin with continuous development but 20% drop in price might not be the best time to enter the market because btc experience some sharp draw down in price both yesterday and today; no one is sure of what next.
I will advise to wait until btc is corrected again and ride with the wave.
I will advise to wait until btc is corrected again and ride with the wave.
WTF is up with Monero lol, who is buying with me?!
not only Monero, but in my opinion almost all Altcoin prices go down including the price of Bitcoin and in my opinion, rather than you investing in Monero, you better choose to invest in Binance, because I'm sure Binance price will recover faster and increase higher than Monero. so if you invest in Binance, the profit you earn will be greater than you investing in Monero.
Monero is a promising coin, but if you buy it, it is best to keep it for the long term, because it can show a very large growth
The whole marketis down today and I think it is a good time to buy because the next wave will take crypto to over $20K that we all hope for this year. Many were waiting for this period because they nearly missed the 20K train again this year and I think btc dropping today is a good chance for many not to miss again
WTF is up with Monero lol, who is buying with me?!
If the BTC continues to increase, I believe that altcoin and Monero will fall much deeper than before. Don't buy now and be patient, altcoin is bleeding and you'll lose money if you buy them now im prefer to buy more on etherium, if you really want invest, hold your eth and btc until 2021, you will get big profit like 2017 did.
Same opinion as him OP monero is not a good coin for me but on other parts its a decent coin still ethereum is greater you should all in your funds or have at least 50% of your total funds for buying ethereum
Monero is a good project, but to make money on investments in monero, it did not work for me. I use this coin to pay for some services and that's it.
WTF is up with Monero lol, who is buying with me?!
This time is not good to buy altcoin. BTC is still showing signs of growth, Dominance is also growing. Every glimpse is pouring into BTC, so it's risky to invest in Monero or any other altcoin.
You can spare some money for monero. But this 20% drop should not trigger your greed. You should make your investment choice more carefully. There are so many coins available in the market.
WTF is up with Monero lol, who is buying with me?!
Just something is not going right with many altcoins as even if you see Gas is down a lot though btc is rising a lot but it’s reciprocal effect cannot be seen in altcoins to rise like the btc rose from 4K to 12 k level . Hopefully it will cover up soon .
I already have invested some in the bear season. I don't think it's time to invest in top coins. I'm now preparing for investing in some of trash, to be honest, because after the bullrun, I think those trash will give me better profit.
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