Is Monero a Good Investment?

[handsomes]

Dear bitcoin community,

I recently started researching in altcoin and I tried to figure out which other altcoin is more used in sending money online (I think a traded currency shows that the currency will resist in the future and will grow) and I came to the conclusion that Monero is that coin.


Why Monero? I think it's pretty simple, Monero because I saw that everyone from the dark web asks for payments in Monero, and this leads me to think that Monero would be a good investment now because from what I understand, even Bitcoin has first massively traded on the dark web, and Monero came as a more anonymous alternative to the dark web and so it replaced the bitcoin there.

So, as the title of this thread says: Is Monero a Good Investment?

I have presented my theory, but what do you think?

Please expose your opinion to help me in making the final decision whether to invest my money in Monero or not.


I deeply appreciate your contribution on this thread.

I think monero is not Good investing because the dark web is very sly by the anonymous so you should always care in this dark net because very hard Get into this situation.

[valnd]

For me Monero could be a good investment for short term but for long term investment, I won't consider monero as a choice, this is because monero is a privacy and anonymous coin and with the way regulations is going on in the crypto space, In the long run regulations might affect the coin. Just take btc as an example any transaction that happens on the network is traceable on the network but it is not same with monero. So in my own opinion i think non privacy coins will have more adaption in the future than privacy coins.

[gurumohan_crypto]

Yes Monero is the good Investment option, it has very strong project and potential of growth also high. This mainly for long term investment. Not advisable for short term investment.

[greenklo]

I think Monero is not the best investment coin.  It is better to invest in EOS and by the end of the year to get a good profit.

[Harlen.t]

Yes Monero is the good Investment option, it has very strong project and potential of growth also high. This mainly for long term investment. Not advisable for short term investment.

I do not see anything special in Monero, which makes this coin attractive for investors. Perhaps, I am mistaken, but Monero has no prerequisites for increasing the rate.

[xarly1]

I believe monero is  a good choice of investment. It is anonymous and has cheap cost for transactions, I can see no reason why it isn't a good investment.

[Utyg]

is it the platform to show ZuckBook the door and create a bigger, badder, better social platform that is good for everyone rather than a leach on society? I think it is and I am putting my money where my mouth is.

Invest and support guys. Dont miss your chance to help shape the future of social media

[hoosen]

Now many others, more relevant coins, so I do not think that this is a good investment. Although the project works, many people use it in darknet.

[Sigfred Hernadez]

Yes of course. Monero is one of the fastest growing cryptocurrencies in the world. It is highly secure and has been able to maintain the confidentiality of its coins and the coin owners. This currency uses top-notch technological systems which make it impossible to trace any of its transactions. All the Monero coins are identical and can be exchanged to uphold the privacy of its owners.

[Duane Taylor]

Yes, one reason why you should invest in Monero is that it is exhibiting a rapid growth rate. The number of people embracing its use has been on the rise since it was initiated. This is because it has shown an undoubted capability to keep the financial information of its users private.

[Fergus Lewis]

In my opinion, Monero is very profitable. Monero has a higher possibility of remaining competitive in the cryptocurrency market. This is because it is on the StackExchange which totally increases its already booming public source code repository.

[haracutama]

Yes this coin is very good to invest in. Monero is a newer cryptocurrency than Bitcoin, but it has been able to compete favorably. It uses the CryptoNote protocol as opposed to the bitcoin protocol. It is highly preferred compared to bitcoin because of its heightened priority on the privacy of its users.

[Dai_Hernandez]

Yes it is very smart to choose to invest in Monero. It enables carry out larger transactions. It does not have a block size limit which is present in other currencies. Lack of this limit enables it to carry out many transactions in one second compared to others such as Bitcoin.

[winspiral]

I do not believe it is bood to invest in Monero.

But the last year have shown us that it was intereting to trade it with big profit.
If you chose the best moment to sell or buy you make good profit.

[mattcerna16]

Best privacy coin so far, hard to put a real value on any altcoin though really.

[Miosekogba]

As for me I don't think monero is a good investment because ever since it price drop down from 300 monero have never rise again, it keep going down.

[spopovss]

Monero is one of the best coins in the investment portfolio, but because of the regulation of this coin can be removed from many exchanges.

[murinked]

The coin is good, but I would not invest in it.  There are better coins for investment.

[casternetwork]

Yes, Monero is a good investment. Monero is a potential coin and also its a stable coin. Hopefully monero price will grow more in future. Monero is promising coin and  transactions fee is too low.

If it comes to the lowest transaction cost in the coin then it must say ripple. XMR is a potential coin but I do not think it will grow and increase in the future because there are so many new coin functions better than XMR.

[yadwoa69]

That's the assumption people make that monero is used in dark web so it will be good investment. But I think no, bitcoin is also use in dark web but is still not all that good