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Monero (XMR) thread
12-05-2018, 11:22 AM
I poked around and yeah, buying after a pop above the 200 day is a bad strat in this market.
XRP went above the 200 a few weeks ago (God knows why) and if you bought then, you would've lost something like 30% in the span of a few weeks.
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Monero (XMR) thread
02-22-2019, 06:51 PM
I have been reasearching heavily this year about crypto. Ive come to the conclusion that Monero is the best coin available from a fundamental perspective. I started DCA buying 500 per month starting in FEB.
Im stacking silver bullion and buying monero. I think their increases in value soon will be correlated. I think there could be downside in the short term but im ok with that as my plan is to DCA every month. 500 in both.
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Monero (XMR) thread
02-22-2019, 06:57 PM
No. I didnt hear aboht that. But regardless... I like monero and have purxhased it. What do you think?
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Monero (XMR) thread
02-22-2019, 07:23 PM
I think you should start with page 1 of this thread and read it to the finish. Lots of good Monero related information.
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Monero (XMR) thread
03-08-2019, 08:09 AM
Im curious if people are beginning to use Monero in collapsing economies like Venezuela, Argentina, South Africa etc.. Ive heard of Dash being used in Venezuela.
Im of the opinion that there will be a great financial collapse or reset happen very soon similar to 2008 but magnitudes more complicated. I think gold and silver are great stores of wealth in preperation. I also believe crypto could be a great store of wealth. Privacy coins like Monero would be an ideal place to store wealth from a desperate government inacting capital controls etc.
I have been stacking silver and gold and recently started buying Monero. I dont see any other attractive investments in the current financial climate.
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Monero (XMR) thread
03-08-2019, 12:43 PM
Yes, i agree that privacy isnt an issue.... Yet.
I would argue that it is the US gov and Chinese Gov that privacy features will become valuable against. To a lesser extent the EU.
The next crisis could be triggerred anywhere but will become contagious almost instantly due to the incestous nature of the current economic system.
If China, US, EU see a collapse in currency valuation they will put capital controls in place. These capital controls will likely include cash, precious metals and crypto.
Monero solves this situation as does Gold and especially silver bullion. Monero is actually better than gold in that it cant be confiscated.
I believe silver is to gold as monero is to bitcoin. I pick silver 1oz bullion rounds and monero.
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Monero (XMR) thread
03-08-2019, 12:53 PM
I will add that I have some sailing friends in the islands near Venezuela. Margarita island. I am told that DASH is the most commonly used crypto there. They mentioned that the transactions are often very small and Monero transaction fees are too high at this point to justify the privacy feature.
Monero would be better suited for storing larger sums. DASH is used to buy bananas at the market.
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Monero (XMR) thread
03-08-2019, 01:07 PM
Wow that's useless garbage.
Also has nothing to do with XMR.
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Monero (XMR) thread
03-08-2019, 01:17 PM
XMR is a cryptocurrency. The arcticle is relevant to my points concerning Monero. .
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Monero (XMR) thread
03-21-2019, 04:10 PM
I purchased another 500 Euros into Monero Today. DCA every month is my plan.
SamuelBRoberts. You made a comment earlier in this thread that you wished you had purchased monero at around 50USD. It is currently trading at the level. Are you buying , or has your opinion changed?
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Monero (XMR) thread
03-21-2019, 07:54 PM
Edit.
It was not SamuelRoberts that mentioned XMR at 50 USD it was burnermail.
Burnermail, are you buying now?