Topic: [XMR] Monero Speculation - page 984. (Read 3314350 times)

 

I am calling a bottom at 8888.

- Just feels like that
- Dip below 0.01 was defended with reasonable volume and bounced back above
- Hammer in daily yesterday (albeit red)
- In accordance with everything I said since the pump started
- Lucky number.

Reasonable strategy is to not play FOMO. It aint goin higher. Buy methodically especially on dips. Stop-loss at 8888 if on margin.

here is my modest speculation of what will happen through March 2017-sh.

I would love to do a side-by-side comparison to the actual chart once march 2017 hits. I encourage others to do the same and see what our speculation(s) are and how they then compare months down the road. Just for fun.  

@Bears please prove me wrong and make the prices go lower than my drawn lines below.

@Bulls please prove me wrong and make the prices go higher than lines I've specified.

@Neutrals have a drink and chill  

@adolf512
XMR is money and no one lost anything.  There are 13.1 millions coins what is a bit more then was a month ago. So people actually gained a bit more money.

If you decide to give someone else those coins, you will lose and he will gain.

 if you have BTC just stick with that. hold BTC and that is it. BTC is also money.

Ask yourself one very important question:
When the GUI is out, which reason do all those DNM users have to use BTC over XMR?

Well losing money and doing bad decisions is no fun, please understand i probably suffer from adhd, i might be smart but my poor self-control has ruined everything for me which is truly sad. I ruined everything with two bad moves.

Also it's sad how many people lost money due to the xmr pump. I did consider rebuying now(higher price and i have less xmr) but i will have to wait now, cannot risk losing even more if the price falls again. Unfortinatily not many people listened to the xmr devs telling us not to invest.

XMR is a nice coin, i like it.

@elrippo: Just gently put these kind of accounts to the ignore list and don't quote them. Unfortunately learned that from the wall observer thread..

First idea i heard from you the last two month which is correct. Congratulations.  

I wonder that nobody here noticed that it is the its the first time in awhile that the price is not dropping strong in the middle of the week.

Well, i think you should learn to articulate a sentence some of us can understand and it would be nice if you would use an other word than "bitch". Maybe you could use a more friendly way to communicate, would help in a few situations in life 

A man, i can't listen to that adolf bitch anymore!! Every time the same bitching around of loosing this and greeding there, i can't take that bitch anymore!!!
Why ya adolfbitch just don't shut up and let the real bitches make a call BITCH!!!

Personally Monero works just fine for me. Privately paying for my VPS, ordering a pizza, donating to Wikipedia, etc.
It's already awesome as it is today, imagine.

Thank you for your insight.
I tend to agree, GUI was kind of expected.
So what do you think should there be some kind of marketing taking place? After all, the core idea of marketing is to give information about product or service to newbies.
Perhaps some vloggers getting paid by introducing Monero to new audience? After all, the new users will not just appear here.

Short term? No difference, maybe some speculation / bull traps.

Longer term it helps adoption because it lowers the threshold to actual usage for new users. That adds real value. It still is for the more technical crowd who knows how to run a daemon / has the patience to download the whole blockchain. Easy to use mobile apps make the real difference if you ask me, like Bitcoin Breadwallet for the iPhone for example.

I know right! Just can't bring myself to selling any Monero.

Price goes down, I want more Monero. Price goes up, I still want more Monero.

I guess it is good to gamble with the price of monero now, if the price will crash more, we will not be losing more and this will be stable at this level time will come maybe that it will start to rise again, actually buying is more preferable now as this coin will never die.

I wish i had settled with 602 xmr but i did continue to gamble and lost big, i probably lost 1.5 BTC in total, a real disaster.

But you will not get XMR under $10 at that point in time.



When you hold you cant lose anything. You have 100 XMR and no matter what happens you still have 100 XMR. If you have tradings skils, yes you can make 200 XMR out of it, but there is quite huge chance you will end up with only 50 XMR.

Risto's "SSS" strategy for dealing with bitcoin is IMHO the best approach to dealing with this.

I keep this solidly in mind for my BITCOIN holdings, but unfortunately not yet having achieved even the first double-in-value on my bitcoin, I can't yet put it into practice.  Maybe, some day... soon?  One can hope... LOL

And actually, however, I have not even personally yet taken this strategy with my MONERO stash... just because it's still small enough (sadly) that I've felt a little more like "gambling" with the first few doublings in value.  (I have taken just the small dollar-value equivalent of my starting buy-in off the table, so 100% is now "house money" for FREE, which removes a TON of the worry about *if* XMR might totally crash to zero?  Easy come, easy go LOL).

Honestly I was CLOSE to taking the first "SSS" selling step, liquidating the first 10% chunk, way back - about a month ago (LOL) - when we were hitting $15... if it'd gotten to $20 I would've done it for sure, LOL but unfortunately I hesitated (probably just due to pure greed LOL) and now here we are back dancing with "only" $5 or $6 price point.

So... oh, well.  Live and learn, and now just gonna HODL again 'till we get back to $15.  Or $20.  Or maybe $50-$100  

P.S. {Edit} Should've included a link to the "SSS Plan" thread... Risto's "Sane And Simple Savings Plan"  Here it is:

----->        https://bitcointalk.org/index.php?topic=345065.0;all

I invested a "not so big amount" in Monero in 2015, when it is at less than $1.
Then I did Zero-Cost Averaging, which means withdrew all my initial capital and leave the rest as investment.
I am still holding some and plan to let it grow for long term.

Sometimes holding is a very good thing and sometimes it is very bad, the problem is that most of of tend to to the exact opposite of what we should(buy high and sell low), i have made a lot of stupid decisions for sure.

I have a feeling the xmr-price can go either way now, we could see a recovery or the price crashing down far below 0.007, the price has been on a downtrend for very long now. I though i would improve with time but instead i only do worse with time.

I really hate myself over my recent trades, i ruined everything. Switched my positions from positive to negative due to low buy-support but a huge pump/correction occured. I wish i had cut my losses and reversed the position again.