Topic: [XMR] Monero Speculation - page 1059. (Read 3314343 times)

1. It is very likely there are opportunities. In different countries the opportunities are different type. The beautiful thing in real estate investing is that there is no one way to do it.

2. 2008 people bought empty houses in hope of rise in value. If you do your stuff in right manner you are able to become millionaire. However, it will happen with 10 000 XMR faster than in real estates (unless you get "lucky").

3. If you dream of home-ownership, then buy a home you can afford to buy. Take 20 mortgage, pay off it a few years, then refinance/buy better home. In that manner a young person can start climbing the latters of home ownership in current monetary system. If you want to become rich/wealthy/financially independent it is smart to play with the rules, not against the rules.

Leveraged shorts stacking up...  Or a lot of XMR has been pulled from the lending market....  Happens every time the big bidders withdraw.  3100 BTC bids,  3100 BTC 24h volume.  Hmmm.

I second all that. Its a sucker entry into debt slavery. Selling off our kids for an illusion of gain.
The days of 100% finance seem well an truly ovanyways unless one enters into very sub optimal arrangements.
Nothing has been fixed since 08. They literally put a Tarp over it and called it such. It will be pulled any day now. Woe to all who are highly leveraged. Its a beautiful system of real wealth consolidation using fiat as bait. Why didnt I think of that?

Just a couple of points.

1. NRG said "in my country" but didn't state which country...since different countries have different rules and regs, so how do you know these are 'excuses'. I know this is a rather radical idea, but how about listening to other forum members.

2. The idea of 100% finance and selling the dream of being a landlord is one of the reasons for the GFC.  Amazingly, your attitude was actually shared by millions of people in 2008 - it will never happen to me, cause I'm so clever. Your smug tone makes me hope you get over-extended and it all collapses.

3. Also, one of the reasons for social inequality in many countries is the rise of what I would call this 'new feudalism' which you propose; young people can't get on the property 'ladder' because the greedy and rapacious own 4, 6, 8 houses or units. 

Don't buy such pains in your ass. Obviously you do your due diligence before buying any investment.

Real estate/appartments/commercial space is more a business than investment so some sort of entrepreneurial skills (organizing skills) are needed.

if a lack of tenants that are able to pay this rate occurs in the market, as well as a lack of buyers willing to buy real estate at at least par values, what happens?

Use other people's money (banker) in investing and put the tenant to pay all the costs + ammortization.
Use 100 % financing.

Than tell us excatly how to make infinity returns.

As I said, apparently you are not familiar with appartments/real estates/commercial estates.
You can get the highest return on this area if you know what you are doing (basically infinite returns).
The list you made is just an excuse not to invest and go out of comfort zone. 

@TrueCryptonaire

I totally agree in every point
I just dont have to work  and just enjoy studying the cryptos and increase my asset.

Real Estates in my country are not as a good deal as to cryptos.

Its not tax free. We have to pay lawyers, notaries, land transfer tax, regular taxes, accommodation broker and services. Than strict laws when you let to someone you have the risk that they dont pay and even than you cannot just kick them out.

Moreover than the GOV knows excatly how much money you have invested. You sell, you are again in the cicle of paying taxes.

Investing in XMR is for the moment the most attractive one. I admit, i love money and what i like more is just more money. So its just numbers. Invest or example 250k lets say per week 2% growth is 5.000 EUR per week.
Now its getting interesting (i know all of you can calulate this, but i like to see these numbers  )
You dont calc. now 4*12*5000 which makes 240.000 profit.

Its 250.000*1,02^n with n = 48 it give me 646.767,69 EUR per year. Real estates are not even close to 200% profit per year. Its more like 4-12%

So even one who only invest 10.000$ its still ~25.900 after 12 month  

In my country I have to pay ~35% taxes on profit on stock exchanges and still the risk of losing money.

And again the GOV knows excatly how much money I have. I dont want that.

Besides these monetary facts i also like to support cryptos.

If you are an investor, you do not care that much price (+ or - 10 %).
When Monero is 1000 usd, it really doesn't make that big difference if you have bought your coins for 9.50 usd or 10.50 usd. However, if you are waiting some low ball price you might end up waiting forever and miss the big gains.
Usually when I say this, the counter argument is that "yeah, but for -10 % price you can get 10 % more coins". That's true. However, if you buy at spot and waite the price rises to 1100 usd/xmr you end up in the same end result. Remember, the price of Monero has to rise ovedr long haul, otherwise it dies because nobody considers it worthwhile holding.


Apparently you are not familiar with real estates.

This is a symptom of why these communities and this technology is going to do more to change the world than every political act in the history of man combined. This technology is a force of nature.

LINK: https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694

The strong uptrend line is the "unhealthy one"
the low uptrend due to spectators who wait with investments until it is a stable uptrend.

So the blue line is my prediction. So far we shouldnt touch 160 ever again which is sad cause i want to invest a lot more of EUR there



Edit:
For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free

A week is a long time in politics; in crypto nine days is an interminable drag...and this correction is now into day 16! 

Hey, this is not stock market, man!

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!

Given that the weak hands have been shaken over 1 week ago, the price is slowly climbing up from 0.014-0.015 levels there are pretty fragile signs of recovery but I agree if this is recovery, it looks painfully slow.
I am expecting more big legs up. There are still many bitcoins in the sidelines waiting for the entrance. A lot of Legendary early day bitcoiners have still way too many bitcoins waiting to be invested into Monero.

60K XMR to get to .019....we haven't had volume like that since TheBigLegUP^TM

I think we're going to plough this furrow for sometime -- the tree has been shaken for 'weak hands', the next trial is that of patience/cash flow.  So, a long hard slog to test holders resolve.

I hope I'm wrong but that's how this market now feels.

To go there all it takes is one big green candle which we see every now and then.