Is Monero a Good Investment?

[cahbagus555]

Monero is good coin and have anonymity features. But some country want to ban coin with strong anonymity like monero. The reason some country doing that because they can not track transaction

[modmalaney]

Monero is one altcoin that is large enough. even in the coinmarketcap, altcoin is quite a nice position. for the future of investing in this altcoin, I think is the right decision. buy current while prices haven't been high and sell several natural holds will benefit of course. though many other more altcoin good too, however, Monero also deserves to be given its own attention.

[Trollinator]

Privacy coin are starting to be delisted in some countries due to fears that they will be used for money laundering. Just recently, monero was delisted in Japan. Not the end of privacy coins, but be careful.

[aalborg]

Most likely, the monero does not have a special perspective. Until now, it is rather difficult to use (it is necessary to use the command line). Is accepted a little where. As for the blockchain, yes, there are problems, but recently news has been rolling over that they are working on a technology that will reduce the size of the chain.

[jporter80]

yes,monero is a good investo,looking at they coinmarket u will notice that monero is rising in value while other coins are droping in values,my taught is that monero is a good investo for holders

[setancredit3]

in fact Monero has a better future in the future, because they have amazing potential with its main privacy feature which makes it the preferred cryptocurrency for transactions in darknet besides bitcoin, but Monero's market capitalization now is 1/100 bitcoin, which is a huge growth potential . Monero - a project where I put a lot of money.

[hegewrw]

I think now it is not worth investing in Monero.  It is better to invest in more reliable coins, for example in BTC and ETH.

[anucrypto]

Monero is a potiential and best promising anonymous altcoin . It is an open sources cryptocurrency that focuses on privacy and decentalization . It is digital currency which is secure , privacy and untraceable . I think it is one of best coin to investment because its prices is very good  in market .

[maunbot]

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.

This should be a good investment. with the idea of ​​such privacy is very work and has many benefits for, I will definitely use it in the future and of course everyone will also use it.

[snguyenthu196]

Monroe's anonymity is indeed very advantageous, but it is precisely because of its anonymity that the risk of investing may be greater. Many countries will prohibit the trading of privacy coins.

[Febo]

I think there is a better coin for investment than Monero.  I think this year the price of Monero will not grow very much.

Last week proved you wrong. Monero was far best coin to hold from top 20 coins. It will be same next week. Trezor integration is right in front of us: https://twitter.com/TREZOR/status/1012308383305695232

[ukw]

The current "danger" for Monero is the possible centralization of extraction. This was reported in a Monero blog post last month. This may theoretically happen because Monero uses the CryptoNight Proof-of-work (PoW) algorithm. But overall, in my opinion, Monero is a very promising coin. 

[[ProTrader]]

U think Monero is a good investment because it is the most known privacy coin in the market. It is also one of the most widely use in darkweb although they are having a trouble in regulators because of the alleged that is being used by criminals. Same drama with bitcoin when it was first introduced.

[susutao81]

Monero can be interesting for diversifying risks. I would invest for an average period, periodically withdrawing money. Because the monero has a small volatility and recently stable growth without strong ups or downs.

[Febo]

U think Monero is a good investment because it is the most known privacy coin in the market. It is also one of the most widely use in darkweb although they are having a trouble in regulators because of the alleged that is being used by criminals. Same drama with bitcoin when it was first introduced.

If a coin cant be used by criminals it is not a money. Money has to be used buy just anyone. By a fisherman, by an investment broker, by a carpenter, by a senator, by  a farmer, by a trapper by a policeman, by a nurse, by just anyone.  Everyoen taht uses USD or Euro or CYN or JPN. Everyone even criminals.

[Zorane]

Sonder is much better than it

[Teal Deer]

In the long term: like any other cryptocurrency, Monero is experiencing risks associated with an external news background, reliability and resistance to hacking of the technical solutions used. On both points, Monero looks better than its competitors: the prohibitions of regulators do not lead to a huge reduction in available computing power for mining, and the reliability of cryptographic algorithms is confirmed by studies of specialists of the largest universities, which planned to identify the vulnerabilities of the anonymous transaction system, but did not achieve the solution of the task.

[progladko]

Now it is worth investing in any good coin.  Because the price has fallen very much.  And how the market will recover the price will grow significantly.

[Mueller Layerd]

I see Monero's development is pretty good, I think monero is one of the promising coins so investing in it I think is a good idea because it will provide benefits in the future.

[Quras]

Do you like nonero because of the rank or privacy coin? Monero is still one of the best anonymous coin so far.