Is Monero a Good Investment?

[RYXES]

Monero is good, you have a missed the boat but out of all the coins out there I think Stellar and Monero have got the most jumps left in their tanks.

Once Bitmain crack the Monero mining they will jump up quite a bit too.

But could be a year or two away still.

[SnapStefan]

What do you mean when you said "But could be a year or two away still."? If you mean to expect to grow, there is no problem, I can wait up to 2 years.

[rancidgash]

Monero is good, you have a missed the boat but out of all the coins out there I think Stellar and Monero have got the most jumps left in their tanks.

Once Bitmain crack the Monero mining they will jump up quite a bit too.

But could be a year or two away still.

Over time, as users continue to crave anonymity, privacy coins like Monero will be in much higher demand, sending their value skyward. Its growth may not be as rapid as that of bitcoin and Ethereum. It is more appealing to someone who is a long-term investor than a speculator.

[Exte]

I think many of the cryptocurrency, where there are not such transparent transactions, it will become more expensive.

[boonsterx]

Definitely one of the good privacy coins to own. Privacy coins will be big this year.

Coinbase handing over their records to IRAS must have scared lots of investors as well.

I am sure people will try to move their wealth into privacy coins this year. Demand for privacy coins will go up a lot this year.

And I am sure Monero will be one of the beneficiary and gain in value!

[namaxa]

Monero very nice 

[SnapStefan]

Definitely one of the good privacy coins to own. Privacy coins will be big this year.

Coinbase handing over their records to IRAS must have scared lots of investors as well.

I am sure people will try to move their wealth into privacy coins this year. Demand for privacy coins will go up a lot this year.

And I am sure Monero will be one of the beneficiary and gain in value!

That would be great!

[shimbark123]

I believe it is a yes, Monero gathered a lot on its ICO, so I believe it is a good investment, but right now, it is at its peak. So I believe we must wait for it to subside in order for us to get the right position.

[mangkanor]

Monero is indeed giving us the anonimity and privacy that we wanted to,but if you are looking for a good investment that will grow x1000 or more it wont be monero because now XMR is very expensive and we can say it is on its prime days,that is why we should look for the new privacy coins or atleast some altcoins that has a lot of potential to grow,do your own thing research further and then you will find these coins.

[shirackjs]

I personally think that monero is a good investment. Privacy coins are in demand, the development team is active and the community support is strong.

[SnapStefan]

Monero is indeed giving us the anonimity and privacy that we wanted to,but if you are looking for a good investment that will grow x1000 or more it wont be monero because now XMR is very expensive and we can say it is on its prime days,that is why we should look for the new privacy coins or atleast some altcoins that has a lot of potential to grow,do your own thing research further and then you will find these coins.

You've guessed my thoughts exactly! And I'm convinced you're right. Thanks for your very friendly advice!

[tambakikan]

Investing in monero is pretty good because Monero is based on Blockchain technology where all transactions will be recorded and validated on Miner devices scattered around the world. Thus, the security of Ledger Blockchain will be protected from any Cyber ​​attacks. So with good security you will be comfortable investing.

[chutchmcgillicutty]

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 an excellent investment. Being able to make "black market" transactions is going to be incredibly difficult once governments phase out paper currencies. There is always a need for privacy in this world and it won't go away. If anything it will become more important as we continue down this Big Brother road

 

[jaggijagjit]

Definitely Monero is a good investment because it is growing rapidly. In last six month it will gives a huge returns and it's development team is very active.It is a good investment for long term holding.  

[Caesar-Giulius]

You have made a good choice, Monero is definitely a good investment. But don’t invest in just one coin, diversify your investment to reduce the risks.

[kariky_123]

i would say yes, its concentration on privacy and security offer great reasons why people would prefer it in the future more than Bitcoin, for example. They also have a solid team in the background compared to some smaller currencies that are just one-man-shows.

[dicaprio]

With the time of my stay in crypto-currencies, I realized that the states will only strengthen the procedure for verifying the users of bitcoin, so it's worth using the Monero coin, but it all depends on what you are going to do with this coin in the end.

[regista]

Monero is good and a secured form of cryptocurrency that has stood the test of time. I’m not talking from review, but from the fact that I have a foreign friend that trades on it and has been asking me to join as well. The privacy feature of trading this cryptocurrency is what makes it different and unique from bitcoin.

[KeithBeeCham]

Of course Monero is a good investment . For now, people prefer to use Monero to pay for their deal than BTC cause it's much more secure than BTC and it's totally anonymous. Beside it's one out of top 10 cryptocurrency on the coinmarketcap with very high price and trading volume so I think there is no doubt about that Monero is a good choice to invest in

[philad220]

Yes of course!
Monero is the only private cryptocurrency in use today which is truly fungible as all transactions are private and created equal.

It satisfies the 3 important properties of electronic cash: decentralized, private, digital.
Monero is a good cryptocurrency you can invest your money in.