is it worth investing right now in MONROE?

[HeroCat]

In long term Monero price will go up, but in short term period it will be the same. So if you want long term profit, you can buy Monero. For short term profit, it is not right time - Monero now have high price. 

[baomoremoney]

Marilyn Monroe



Saw Her & Bob Hope , Now they put on a Great Show.  

 

LOL, maybe OP is thr super fan of Monroe, so he made the incorrect name. For monero trading, 0.02 seems to high, it will drop below 0.01 in the futute. LTC was 0.05 in 2013, but now 0.0066

[Andretti83]

Currently, Ethereum and Ethereum Classic are the most profitable coins to mine which is why they are rocking the hash rate charts at the moment...

It depends on hardware (gpu/cpu), but according to whattomine.com most profitable coin to mine actually is Monero and it hold that place approximately for a week.
 

[joerazor]

Currently, Ethereum and Ethereum Classic are the most profitable coins to mine which is why they are rocking the hash rate charts at the moment...

It depends on hardware (gpu/cpu), but according to whattomine.com most profitable coin to mine actually is Monero and it hold that place approximately for a week.
 

In my case ETH is more profitable, I mine with R9 390x with the following hash rates:

Hashrate for Ethereum 33MH/s which is equivalent (As of today) to $2.39 for each card 24/7 mining
Hashrate for Monero 850H/s which is equivalent (As of today) $2.08 for each card 24/7 mining

Didn't imagine different cards may have such variations between algorithms. Interesting!

[social crypto comunity]

i think is buy monero now is late
because monero is ready go the moon
i think wait down before buy

[Pursuer]

if you are talking about Monero (XMR) then I have to tell you, you are late to the party my friend. the rise happened and we all got lots of profit when it was hot. you should have listened back then not now.

but also I believe although this is super risky to invest now, there is still room for some more growth. but I emphasize again that it is a lot more riskier now to buy unless you are willing to take the risk and sell at a possible loss.

I can't agree with your second paragraph... It's not riskier now. MONROE (yeah i know, monero, just think MONROE is pretty funny, especially in capital letters) has an actual use case now, people will use it on DNM's because MONROE offers better privacy, better anonimity, is fungible...

While 'investing' in 2014 and 2015 meant you were buying a very speculative vehicle with little to no practical usability, all this changed when DNM's started accepting it. The hash-rate is going steadily up and the number of communicty-members is rising (rather fast I would say). Xmr existst for 2 years now and I think next year will be the year that MONROE will outgrow its infancy and be ready to really compete with the big boys...

Don't forget the dynamic blocksize and the tail emission, this is very important, it means that MONROE is technically better fit then bitcoin to do what it needs to do...

So no, it isn't riskier, it just got safer, maybe a rather large pullback in price right now, but in the long term I give MONROE lots less chance at failing then half a year ago...

best regards

the only thing that has changed about monero is the news about usability in dark markets and everything else like the block size, fungiblity, and even the usage in dark markets is all features that have existed before so nothing has really changed with it.

and also I said what I said from a trader's point of view. and to be clear I am not saying the XMR price is going down but I am saying it is riskier to invest now and as you can see the price has came down to 0.019 so it would be better to see which way the price is going to go then invest or not invest.