Bitcoin Forum

 :o

Just put 10 btc in each... hodling for longer term (months)... what do you guys think?? 20 BTC down the drain?  :D

You will make money on this trade. ETC will see ~ $2.00 again in the near term. Monero will correct but prob hit $12 or thereabouts by the time Z-cash comes along. Your window to exit is narrow, I see this as a pretty decent short term bet.

XMR can reach the market cap of ETH in a year.


I wish you luck.

I vote for balls of steel. I can't say for certain what will the future bring (if I'd know I'd be already rich, isn't it?), but there's a good chance the one could double and the other not die off completely and then at least you would not lose.
I hope you afford to lose those 20BTC if the things go bad. It is a small fortune...

You may get a hair cut real quick.

agreed! dont invest more than you can afford to lose :) monero would be great a few days ago :P

A little bit more than a few days, but it's true.
At the end of December 2015 Monero was (according to coinmarketcap.com) 0.45$
If you would have spent then 10 BTC on Monero, now you'd be dancing. Some do.

I'm trying to find that type of WIN... but back then it would have been more of a gamble

LOL troll post or real?

Kiss your BTC goodbye!

Not sure if trolling or jelly that im a XMR and ETC mini dolphin

Stupidity now. Should have did that a year ago, for XMR that is. Also this should be in altcoin discussion section.

you better hold that long-term, even more XMR. you'll probably see nice haircut until your P/L on that trade turns green again (but it will probably).

XMR is a sure bet and it will reach the intended value which should have came a long time ago anyways all the best...

I think there's money to be made but forget holding for months. that's not what this shit is for. get in and get out while the action is hot.

XMR is a good choose
ETC look like gambling

Good choice, If you don't sell until 10x.

I would vote for XMR only but wait for a bargain price to buy. I think we could see a flash crash to .01 before advancing to .02. We just had a 50% correction and could still see worse. Chance of that goes down if price gets back above .016 soon.

Buying any alt coin is gambling.... especially ETC, especially XMR, even buying bitcoin is a gamble although much less of a gamble than XMR

i think it is a good idea but still it has a very high risk.

XMR is rising and has a lot of potential for growth but it may take a while becuase it was just pumped.

and ETC is super risky because there is a war going on where ETH don't want ETC to survive so they dump a lot.

+1 , facts realized

Buying Monero is a smart move now. The dark markets will absorb tons of moneros and the longer they continue doing so the bigger XMR scarcity there will be in open markets.
Therefore any amount of Moneros will be a god investment if you ask me. If you can afford to buy Moneros for 10 btc, then go for it. If you can afford to buy only 1 XMR, go for it.
Just treat Monero in more valuable manner than bitcoin, and hold it the longest time. I suggest to hold until 2030 Moneros. Then we have minimum blockreward, the Monero economy probably consists a lot of people, not just criminals and junkies. I'm a normal person and I prefer Monero over bitcoin, and I am sure there are billions of people like me.

@Dafur,
given your track record of late trading XMR I'd say you have zero chance of not fiddling with these investments until you have 'traded' them to 5BTC or less and picking numerous fights with people along the way.  :'(

You can't buy patience.

This trade is looking better and better with every passing day, my friend!
Not so much balls of steel, as prescient timing! Wish I had done the same as decisively!

10 btc in XMR and 10 btc in ETC? geez its a big profit i think. for monero, yes its should give you big profit with the increasingly of the price. but for ETC, i think it will need for while before the rate is increase too.

its a good idea that you do this and buy XMR and ETC while the rate is low, and just wait for a while, and then sell it when the rate is up. but i think, don't buy all of your btc, keep for few btc just in case if you need something.

XMR => moonero
ETC => eats total crap

If you want to invest on long term, find a new altcoin that is very cheap right now and wait for a miracle.

Miracles do happen!  ;D

But Monero is very cheap right now... Even much cheaper than yesterday at that time.

if you buy monero is now is not right time because monero is rise go the moon
if you buy is mont july is price monero same price ETC
but is now price monero is 10x is only two month

aaaaaaaaaaaaaaaand it was a dumb idea  :'(

aaaaaaaaaaaaaaaand it may look different next year... he said long time. So time will tell, but im not sure about ETC ... it may have the better ethics but since when did that count in this sphere?

OP really had some balls.
Right now it doesn't look good for him.
On the other hand things may change again.And if not, those 20BTC may be just a small portion of his stash.
If however he should have done this with ignoring risks and is now having more skin in the game as he can afford, then yes it would be plain stupid.

Thanks for the empirical exemple of why no one should FOMO.

I'm sure someone who can invest 20 BTC on an altcoin speculation isn't digging through dumpsters to find their next meal.
And if these coins make a big gain what will the haters say then? OP will look like a fucking genius lol.

Personally I think both of these coins have potential to make some gains from where they are today,
though I don't know what OP paid for them since this post is a month old already and XMR was much higher before the recent dip.

depends on whether he sold or not. did he say what price he bought at? I can't be bothered to check out the charts.

the poloniex pumpers have warped the alt market so much there's no real way of knowing where any of these coins are headed. the only demand there is is demand for a pump. a lot of money's been made but nothing's been contributed to any project's future.

but yeah, the only time to buy is when something's asleep or in the doldrums.

overall, investing in XMR has been the best decision of my life since i made a lot of profit from the multiple rises and if OP had invested too, i am sure he enjoyed the ride also.

but ETC has been a real surprise and also a real disappointment for me since i was expecting a lot more rises rather than just small short movements.

Small short movement ?? that volatility was paradise for trader! what the hell are you talking about??

i still have my free ETC... been a disappointment.

it was free and you're disappointed? wow. i'd be pretty pleased. etc has to do more than just not be eth any more. it needs to deliver on its ethos or it's gonna slowly fade away into irrelevance.

guess you're right. xD still, i didn't sell hoping it would go bonkers.

If you are investing with such amounts into altcoins you have balls of steel if you are asking me because these altcoins mostly still have to proof themselves these days and its also that they can get dumped in a short time period due to this I think its smart but on the other hand stupid.

I currently hold XMR worth 5.6 BTC, if you buy xmr during one of the horrible dips you do have balls of steel, but the real challange is not selling too early.

I of course i like ETC better than ETH but i will not hold any of these, they can both lose more than 90% of the value.

why? :o

I doubt both ETC and ETH will survive, i expect at least one of them to slowly die(look at peercoin), also the etherium marketcap is very high compared to other alts such as monero(more than 10 times higher).

It's a good choice but I don't think it'll do great by just holding it long term. Or maybe you already have a target price? Monero might explode again anytime though. I say just trade it actively when there is a good chance.

Trading you have same chances to lose it all as to get rich.

why do they have such high valuations in the first place? they're not being used for anything. they seem to be planning another bunch of hard forks. it's nothing other than software that might deliver or might not. I wouldn't give $50 for software that didn't work, let alone hundreds of paper millions.

people seem to have a blindness for huge numbers. in theory ethereum's market cap's was $1,000,000,000. that's market cap so it's bullshit but there is absolutely no reason why it shouldn't be $50,000,000 or $500,000. That still wouldn't reflect the true value which ain't too far above zero.

iam choose monero is compare etherum classic ETC
potential grow incraese price is good monero, and big community use monero

I actually don't think anyone is using Monero (yet)
and thats the problem.

It appears the darknet market adoption was overhyped and none of the vendors are really accepting it for payments.
Which is crazy since there have definitely been cases of vendors being busted through their Bitcoin withdraws.

I still believe the future will be good for Monero unless it dies with the release of Zcash.
(And you're fucking crazy if you trust Zcash for your privacy. Trusted setup ROFL.)

ETC is the best choice to have right now if you ask me, we are going to see the full potential of it very soon. About XMR, I don't think so that the investment would be very attractive.

by the time this topic was created XMR was the hot coin of the day and there were lots of profit opportunities there to take advantage of. and i actually still think that XMR will rise again in the future when this pump is done and over and after a period of silence.

Yeah I agree, there was a bubble when the thread was created,  I heard that XMR is pretty popular in some trades, though there are lots of controversies regarding this coin that somehow hurt it.  But well pump always happen in the least time expected.  Probably after the accumulation of whales, this coin will be pumped again.

What controversies? I've been in this community for over 2 years and witnessed no controversy at all. But you'll find a lot of negative aspects if it's your desire, or fits an agenda... I advice to read up on XMR, its rock solid cryptography, and see how devoted this community is. All attacks on Monero so far, on a technical as well as on a political level, have been refuted succesfully. Those 10 BTC in XMR wouldn't bother me. ETC for the moment is just a P&D and has to prove itself first, we'll see if it can form a bottom here.