Is Monero a Good Investment?

[CryptoMike14]

Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.

Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.

Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

Monero is fungible because it is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.



NO1.

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[shahani]

Monero is now popular because of the total value that grows immediately on the top level. We all know that price of monero before is so cheap compare today, that's why many people are interested to own a certain amount of monero today. And the total growth of investor on monero are increasing.

[AzureDragon]

Monero is a good cryptocurrency due to its market dynamic. Remember the beginning of 2017. And look it now. Investments repeatedly paid off for those who invested in it (as me).
Of course monero is one of the best anonymous altcoins and its community develops with good pace.

[jankekek]

Monero is a good coin to be invest with but I have a little bit distrust about monero because of it's fork like XMRG !

[snowbubble]

I think anonymous coins and cpu mined got some future, so monero for long term is good investment for sure at least for this year.

[Phily40]

Monero is a cryptocurrency with a very high potential and well positioned on the list, it is rated the best cryptocurrency with a secure transaction.
Monero is a good long term investment one can invest in and hope to have a great hype.

[Traxo]

There are voices (anonymint) telling that Monero has a flaw deep inside, but I was not smart enough to understand his explanation and my logic tells that if there would be a flaw, it would be already exploited, which doesn't happen.

He claimed that Moronero was designed to be a honeypot.
So I guess we could say that it's actually being exploited, just not in the way you might think.

[JuniAiko]

Buying more before the MoneroV fork!

[Bokugo]

Yes,  i think Monero is a good investment,  and
Believe it,  Monero gathered many in ICO, so I believe that is a good investment, but we have to wait for it held him to get the right position.

[Tiklohor]

I think that yes, monero quite promising coin

[denis-z12]

It is definitely a good coin but like with all privacy coins it can be used for good things and bad. If the governments decide to put heavier restrictions on cryptos it is the privacy coins they will fight against first.   

[Reez]

Yes it is a good investment but I will wait a bit for the price to drop from the current high. It is the number 1 coin in the privacy category and is being used as the base currency on many markets, so it definitely is being used in the real world.

[cryptoballteam]

Most likely no 1 best privacy coin out there with working tech, very active dev who code more than talk (which can be a bad thing for price movement in the short term compared to other vaporware coins with only marketing) so a very good solid long term investment.

[sana54210]

I think so, Monero is a good investment. Anonymity is what is required now and will always be required. I have invested a small amount of money in a monero before this big correction. Now I think that i need to buy more of these coins.

Monero is really a good coin and is the most powerful coin in terms of emerging coin as the demand of this crypto coin is increasing very much significantly with every passing day.

However, you need to be sure that you are investing the right amount of money and above all, you need to invest in such kind of coin for short term as it is not a good idea to invest in a coin like this for longer period of time.

[Quark101]

Monero is an excellent investment, but if at some point the pressure will raise to push off the shadow money transfers... then two scenarios are possible. Either Monero team moves towards legalization, or away from. In first case price will temporary go up, then collapse, in second - collapse and slowly grow.

[watervo1999]

In our place, I am afraid to invest like Monero kind of a business because there are wicked people around. I am not generalizing the situation but there are many swindlers saying that their company is legitimate. When it is the right time to claim from the money you invested, they do not show up anymore. So I cannot say if joining such kind of a business is worth.

[barryallen1999]

I invested about 20% of my crypto portfolio in Monero as i also thought it has a huge potential in terms of privacy - and I think there is a huge demand for anonymity in the internet, no matter what origin (good or evil) it belongs. I suppose that it's a worthy investment.

[andree nguyen]

From my perspectives, XMR is worth investing in!
While other digital currencies are being traded on public blockchain due to which anyone can see your transaction where the Monero’s can be traded on its own private blockchain. This ensures that all transactions made through Monero will remain private by default. Only you can see about your finances or your auditor if you wish by providing him the access to your account. This also makes Monero, the most private cryptocurrency in the market, in which many investors trust.

[elyfia0203]

I am concerned about Monero's fees if the price gets too high. They aren't very low right now as it is.
However, I still like Monero and I think it's a very safe investment if nothing else. It's my third largest holding.

[Zidanmusk]

The only thing I fear about holding xmr is government interference.
I'm convinced that none of these control freaks will allow this much financial freedom and privacy onto their citizens.
The first thing they are going to criticize about coins such as monero will be the inevitable use case for terrorists and other criminals. Mainstream media will amplify their opinion and the general public is just going to accept it.
I really like the coin and am all for giving freedoms to people but this is my biggest concern.