Is Monero a Good Investment?

[Rodeo02]

Monero is still one of the greatest invest right now. But keep in mind that you need patience and time to make some nice profits. It will take a couple of years and Monero will explode! Just HODL IT

well for those that dont have any patience about on waiting for investment specially in monero so you may still need to give up on what that you have to take for and look for where ever you may have some earning instead of waiting for monero cause i believe that in the future monero could be the good choice.

[Storeplex]

Monero is a solid investment for sure. It's got a big community behind it and it's slowly but surely become more recognised. If you believe in the privacy side of the technology then Monero is probably the best out there too, so if that's important then Monero is a great investment for that reason too. It's easily worth twice it's value right now if we get into a bull market and could get towards the $500 mark if we have another run like last year.

[Diablesfunis]

I don't know that much regarding dark web so i'm not sure how many people would actually use monero as a payment option for that kind of thing and there's also a few other coin that boast their privacy like verge and spectre so I think there's already a big number of privacy coin for a small userbase that actually need it. Personally I don't like privacy coin and prefer to put my money on something else.

[Hui Ling]

I think yes, because I see monero project is very good to be an investment, therefore I believe investing in monero will give a big profit.

[aysg76]

I think yes, because I see monero project is very good to be an investment, therefore I believe investing in monero will give a big profit.

Well, Monero is a good and a decent coin to invest which offers the highest levels of security and privacy. It represents the dark markets coin due to its ability to use hidden addresses and the absence of a threat of tracking transactions. The amounts of fund transferred are also anonymous which is main reason responsible for Monero's increasing attention. And now most of the darknet markets are switching to Monero thus I expect the coin will showing a good growth in the future...

[Azzam Khalif]

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

Monero team, especially Fluffypony, tries to discourage the speculation on Monero.
Monero team is imho honest enough and hardworking enough to make the coin as good as possible.
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.

Monero is the best example of anonymous and fungible coin, which should be a great deal. However, this could be its demise, since these make it the best coin for illegal things and may upset "somebody"...


For me it already is a good investment. I think that it deserves to get easily to 0.1 BTC or more, but that's me.

Monero also includes very good coins to be an investment coin. because indeed Monero is a good enough Altcoin to be a very good coin in terms of its development. I also see this Monero as a very good coin to be relied upon through its ever-increasing development. so it would be very potential to have Monero for investment.

[Infek]

I think investing in a monero, at the moment the most optimal solution. Since now, more and more people want anonymous transactions on the blockchain.

[zikabra]

Many exchanges began to remove anonymous coins from the list. For this, I would not recommend investing in a Monero. Follow the course of events. But the Monero is a very interesting coin.

I didn't check for myself this info, but if it is true it would make monero very bad for investment.
Which exchange removed monero?

True, because anonymous coins are dangerous for authorities, if you can´t buy it on exchanges then all of them are useless.

All crypto coins are dangerous for authorities  

[lider1971]

I'd like to being involved in projects of ICO as it gives really good earnings, I sell half of ot and the rest I collect   

[Lala Sravan]

According to me yes it’s good options to invest in Monero. It’s one of favourite coin in cryptocurrency market, it has strong project and good team

[mandemvarun_crypto]

Monero is also one for the right choice for longterm investment, it has huge potential to increase in the long term. I strongly agree.

[arthurgrand]

This days exchanges are not supporting privacy coin and some exchanges have delisting a lot of privacy coin even monero so i don't think at this moment it's a good investment.

[godspree]

I believe Monero  is another player of cryptocurrency super bowl. It  is having a huge demand because of its feature of untraceablty. Monero has several benefits. Their team is especially highlighting that Monero is secure, private, untraceable, fungible. In my opinion, it is very good for long-term  investment.

[Exforgant]

Monero is one of the best cryptocurrency where you can put your investment. Monero is a decentralized open-source Crypto currency based on the CryptoNote algorithm which ensures safe and secure transactions. I like Monero because of its security, anonymity and team.

[sakokinak]

I loved Monero very much for its coolest safety and the speed of transactions. unfortunately, the altcoin has lost a lot of its value. I am still hoping that this cryptocurrency will recover and gain again.

[londawzen]

This coin is too anonymous. That's a big risk to invest in her. It is better to consider other options. For example, as ETH. And by the end of the year you can get a good profit.

[miraxgr]

Once in the top ten of the cryptocurrency rating by capitalization level, Monero attracted the attention of investors from around the world. The number of deals with it has increased dramatically, although almost all of them were speculative. Most people who have invested in this currency, expect its growth in 2018, as evidenced by the purchase of corrections.
The prospects of introducing multi-signature (Multi-Sig) into the cryptocurrency algorithm also fuel the interest of investors, making them believe in the "bullish" trend. Only after the update Monero can grow by 40-60% in 5-10 days. After that, a small correction is possible due to profit taking by speculators. Do not exclude additional positive news that can stimulate the growth of quotations of Monero in the coming months. On the course of XMR in 2018 will have a lot of multidirectional factors, so how to predict the rate of Monero, it is difficult to say. With an optimistic forecast and the absence of serious force majeure, we can expect the quotes at the end of next year in the region of $ 1500-2000 per coin. The main breakthrough in the cryptocurrency market has already been made, so now the main drivers will be their internal features.

[TTITA]

Monero is one of potential coins in the next few year. Monero is worth holding for a long time . most countries will tax cryptocurrencies in the near future . Monero is the privacy currency . it cannot be traced , so it can be used for tax avoidance . And according to longforecast.com, the price of Monero will be in the range of $554-$638 in April 2020 and go up to $810- $945 by December 2020.

[molenracing]

I think it is, like it is Ethereum, this Monero is a coin that has a good future. we see the price of this coin is stable, and tend to increase. There are also many exchanges in this world that trade these coins, which means Monero has become a favorite coin of many traders, such as Bitcoin and Ethereum and so forth.

[Febo]

https://twitter.com/monerocurrency/status/1003723134112010242

It seems we will finally get Ledger Monero support. This will let people move coins from exchanges and release sell pressure there and let them securely store them. And also give chance for other to buy Moenro now that can securely store it.  This will also help other cryptonote coins to ask Ledger to integrate their coins. It will be way easier procedure.  Monero hard wallet and Trezor integration will come latter this year.