Monero: A good long-term investment?

[Abiky]

What raises the price of coins? A big demand. When people want to buy this token for some reason. Whether it's because of the news, or because of the hype, or because of something else. If the coin that gives you complete privacy is not popular now, it means that people just don't need it. They are used to investing in something that is trendy now, and for the current situation, it is about NFT.

People don't care about privacy these days since they have nothing to hide. Convenience/ease-of-use goes on top of everything else in today's society. As long as people don't care about their privacy, anonymous cryptocurrencies like Monero and Grin won't be going anywhere. Expect to see a decline in Monero's price because of governments' pressure towards exchanges to de-list it. After all, taxing XMR becomes a difficult (if not impossible) task to achieve. I'd suggest anyone considering Monero as a serious long term investment to look elsewhere. Just my thoughts

[cabron]

What raises the price of coins? A big demand. When people want to buy this token for some reason. Whether it's because of the news, or because of the hype, or because of something else. If the coin that gives you complete privacy is not popular now, it means that people just don't need it. They are used to investing in something that is trendy now, and for the current situation, it is about NFT.

People don't care about privacy these days since they have nothing to hide. Convenience/ease-of-use goes on top of everything else in today's society. As long as people don't care about their privacy, anonymous cryptocurrencies like Monero and Grin won't be going anywhere. Expect to see a decline in Monero's price because of governments' pressure towards exchanges to de-list it. After all, taxing XMR becomes a difficult (if not impossible) task to achieve. I'd suggest anyone considering Monero as a serious long term investment to look elsewhere. Just my thoughts

Something is coming in XMR since just today Ive read fluffypony was arrested. I've not really read the news but the headline was crypto crime and to be extradited. .https://decrypt.co/77503/fluffypony-monero-cookies-fraud

For what weve read months ago, SEC hired hackers to crack Monero. Probably failed to crack it, now they do it by crook and will squeese the codes from him. Felt sorry for him.

[coinic]

Monero is one of the best (if not the best) privacy-oriented cryptocurrencies in the world. Anonymity is enforced by default, making sure your transactions are safe from prying eyes. It's no wonder why XMR is the top privacy coin in market cap. Competitors like DASH, Zcash, BEAM, and even Grin don't stand a chance against Monero's ever-growing user base and mainstream demand. Yet, non-privacy coins are faring better on the market with higher gains within such a short amount of time.

I'm wondering why hasn't Monero taken off yet? Do you think government regulations have affected Monero's ability to go higher in price? If not, then what could be the reason? Is Monero a good long-term investment? Or are there better choices on the market (besides Bitcoin and Ethereum)? Your input will be greatly appreciated. Thank you.

Actually It can depends on you if you want to hold a Montero or not.. But for me as long as there a big chances to grow its value much better that you hodl of it and wait for the best time.