Topic: [XMR] Monero Speculation - page 927. (Read 3314350 times)

How many xmr would  you need to be classified as a whale thesedays?

pretty awesome that you capitulated at the bottom of btc price by selling it all, since then bitcoin is now up 3x (moreso due to cadusd) - but that you're still probably up more than holding btc-xmr at my much more reasonable (but still very gambly) ratio of 75-25.

congrats 

I'm holding both - but certainly not investing in BTC right now - BTC price is way too high in my opinion and will likely drop. If so, XMR is in a great position at its current price to rise further. When BTC drops again, I'll transfer more into BTC.

Balance?  I went about 15% in a long time go, but this means now I have ended up more than 60% XMR.  I am not complaining of course, it's been an amazing investment and when I got underwater (and at times I was in some dips early on) I just bought more to average down, because I believed.

Now even a dip to just 25% of current value would only take me back even to my to my break even price, and that looks unlikely.  So... next run up, I need only sell a few to simply hit pure profit.  I seek not to boast, nor am I recommending this ratio at current prices.

It's just how I ended up.  

Translation: XMR... FTW!

No other CC has been THIS good for long term investment - a balance of BTC / XMR is all you need, as XMR is a safe haven when BTC dips and vice versa.

I sleep well, price moves either way do not bother me because either way i am sorted.

I am a lucky chap, I guess.

Actually privacy ensures that some things in life remain ..mysterious

I am full into XMR. For me it is more risky to hold BTC. Ask yourself if you would buy it now around 750 USD?
Does it sound like there is soo much room for growth? If yes go ahead and hodl BTC, I stick to XMR.

Monero dev meeting highlights and transcript for Nov 27th, 2016:

https://hellomonero.com/article/monero-dev-meeting-note-highlights-and-transcript-2016-11-27

That si not just fine, but is simply perfect!

But if you are me, that always fails what will happens and have no ideas when BTC orr Monero or any other crypto is at peak or at bottom is just safest to just hold Monero.

After BTC moons to buy monero is perfectly fine. Right now to own it or buy some is hmmm...not that smart for me.

You are not simply because soon after BTC will moon Monero will follow.

If you are expert trader, then yes is wize to also hold Bitcoin. If you are not and you would miss the time when BTC moons and buy Monero at that time with all your BTC, then is totally fine to have mainly XMR.

There is nothing mysterious about privacy.

And of course the inability to pareto out addresses by their holdings / chain analysis to see how many whales 'may' exist and where the center of gravity is. Risky eh? Can't see eh? Hmmmmmm

Monero works in mysterious ways (;-)

The only way a bitcoin whale can drive the price of Monero down is to open a significiant short position. The problem with that strategy is the interest payments which might be significiant in large position and the fact the whale is "underwater" when he start buying Moneros (he has to cover the short first).
Therefore, the way a whale should play the game in my opinion is to accumulate some, then accelerate the accumulation which drives the price up but also increases the netwealth of a whale. Bear in mind, when the whale drives the price of Monero up his stake in Monero grows as well.
The only problem a whale might face is the whale competition.

Bought Monero with half of my savings around march 2016 by fiat->btc->xmr. Decided to buy XMR after watching some Monero videos and believing that the technology was the real deal. How the devs made it clear that their priority was on improving and developing XMR made me quite confident in buying XMR. I was just scared of it not getting enough exposure and dying because of that but with the DNM adoption, it was gone. My confidence in XMR increased because it had passed the stage of some exposure and after the correction price of the DNM adoption, turned my remaining savings into XMR. To note that I am only a university student and only had some part time/contract jobs which I usually save as I don't like to spend my money unwisely.

I frankly do not see why I would buy BTC and hold with the current problems it has and which Monero has most likely already solved from what I've read.
Just need some patience for RingCT, GUI, hardware wallets and more project adoption. It will be an awesome sight to see as the community and Monero grows.

I am another 90% XMR dude trying to find the opportunity to buy some more cheap monero with my remaining BTC.

Do I have any regret? Yes. It is to not have bothered to work full time during my prior summers to buy more XMR. I'd probably have done the same thing but with more money

No you are not. I sold the bulk of my remaining XBT for a mix of XMR and CAD over 15 months ago over the 1 MB blocksize issue. I have not regretted that decision at all.

Thanks to the 1000% appreciation, I'm now around 90% Monero, 10% Bitcoin.

Feels good man.   

Am I the only nutcase here with 90% XMR out of total 60BTC worth of cryptos 
Been accumulating Moneroj since 2014 and been all in most of the time since then, had only 0.5BTC back then which I used to buy 250XMR first day it appeared on polo, all cryptos I have now I've made by trading over past 2.5 years, haven't bought a single satoshi/tacoshi with fiat. Today besides bit more than 5K XMR I have only 300 XMR worth of BTC and 300 XMR worth of BBR, would have 1K XMR more if I haven´t slipped on a banana while juggling with more than half of my Moneroj stash around 900k sats (got Jaxxed). And I never send more than 30% (trading funds) to the marketplace except for when I get scared - then I end up just like this nuttcase 

https://www.youtube.com/watch?v=kM3uNMXrFMI

OK so you've done very well with XMR ROI, which indicates the trend is Monero's friend.

We can't with metaphysical certainty *know* the future "for sure."

But we can recognize when we've seen this movie before (history doesn't repeat but it rhymes).

The Cryptonote white paper gave me a tingle not felt since Satoshi's original.

And Monero's follow up implementation over its first 2.5 years has been equally as impressive as Bitcoin's early life.

Sure, Monero doesn't have the first mover advantage nor Lindy effect of Bitcoin.

But Monero covers use cases Bitcoin does not, as well as enjoying overlap and potential overflow.

So why not start moving towards a 50/50 allocation, which balances respect for Honey Badger with recognition of Wild & Free Monero Mustang potential?

No matter how many Bitcoins I acquired (actually mined not bought but whatever) when it was 70 cents, I'd still love to time travel back to the $8 range and buy MOAR.   

Look forwards, not backwards.  Don't drive with the rear-view mirror (unless you are in reverse).

Ha... yeah, but see?  That's the thing!  This ISN'T my initial allocation.  My first Monero buys cost me in the 70-cents each range, over two years ago.

That's what I meant when I said that XMR has blown the doors off on my bitcoin ROI so far.  

For Bitcoin to have done as well as Monero's done, in the last two years?  It'd already have to be about $5,000 per coin



Right, but again I agree, but IF ONLY we could *know* that was TRUE for sure, then obviously the right thing to do would be ALL-IN NOW on only XMR!!!

I have this feeling in my gut that'd *really* quite possibly be the RIGHT thing to DO, right NOW, but... but but but... aaaaaaa.... Honey Badger!  Just can't *quite* bring myself to DO it.... LOL