Is Monero a Good Investment?

[Viper_Unleashed]

"The privacy afforded by Monero has attracted illicit use by people interested in evading law enforcement during events such as the WannaCry Ransomware Attack, or on the dark web buying illegal substances".

Now as we know it is one of the very private and anonymous coin it will have a great market and of course its price will rise in the long run.
Now from my personal experience for short term trading :-
I had invested 114 USD in monero and what I do is buy and sell i.e a simple day-trading technique.I just buy once and sell it the next day.
For the last 4 days each day I had earned 8-9$ with that 114$ investment.I am very happy with it.Earlier I tried to mine Monero but now-a-days with increasing complexity it does not worth it.So simply trading and HODL will definitely will give good results.

[testadimerlo]

Well, you are asking about a well known and historical coin. Monero is cool. I'm holding some.

[gorkin0606]

Monero is good investment into the future. The anonymity will be very popular next year. Many people will want to send only anonymous transactions

[nurularesyi1995]

I think it's good because Monero uses cryptonote protocol which is different from the bitcoin protocol. This protocol uses cryptonight algorithm for monero mining. Until now cryptonight is an algorithm that is free of Application-Specific Integrated Circuit (ASIC), meaning that monero miners can still use GPU and CPU to be able to make a profit. This provides an opportunity for small-scale or hobby monero miners, thus avoiding centralization like the case of bitcoin, where the biggest hash rate is in China.

[GeorgiyBilyk]

I really expect a lot from this crypt coin! now no one is releasing new news on their projects! all delay this moment before the growth of bitcoin! I have investments in this project, and I expect at least multiplication by 10 from it!))))

[Um Nik]

Now many projects are worth attention and Montero is one of them. This is a rather old project, which is kept on the market and rises with each rise of the market.

As every coin does, yes. I believe that Monero is a great project and has what it takes to bring investors high ROI. It's been around for a long time and we can see that it is more or less strong.

Watch the market dumps for that coin, purchase at a low price, don't sell the coins unless you see the price increased and you should be fine.

[karavay_71]

Yeah, surely it is a very decent investment because that coin has very solid technological background in my opinion, it probably won't loose its price.

[silver23]

Monero

Yes it is a good for invest but i think Monero is good for a short term invest.
If you looking for a long term invest Bitcoin and Ethereum is the first time you find.
And that is all i learn in cryptocurrency and market digital currency work.

[Anarchist]

Monero is only good for a very short-term investment. If you are really interested in privacy coins and for a higher ROI, in the long run, you should check Horizen project, it's good since last year

[paderobin]

In my opinion, I think XMR is a good nvestment because its provides and offers actual privacy, security, fungibiity, and most of all untraceable.

[mhpg19960612]

Monero is an open-source,privacy-focused cryptocurrency.It was launched in April 2014. Monero tries to improved compared to Bitcoin with private functions. Surely Monero cryptocurrency is a good investment. Monero has a great potential to grow and become a popular currency. Every type of investment contains risks and every one needs to make their own research before buying.
Monero is a :-
Secure
Private
Fungible

[Elorika]

In the last time many good news about monero , I would of course invested would on your place , camping on to coin liquid and the future there is

[Jalum]

Monero is only good for a very short-term investment. If you are really interested in privacy coins and for a higher ROI, in the long run, you should check Horizen project, it's good since last year

Monero is not really a short term investment. You could invest in it short term but you would not be able to make any more if/when it gets expensive in the near future.

[aaaxn]

In the Russian market of psychotropic drugs, bitcoin is still used. On the largest site, there is not even a hint about Monero. Strange, why don't they use Monero there?

[dodocum]

Monero is only good for a very short-term investment. If you are really interested in privacy coins and for a higher ROI, in the long run, you should check Horizen project, it's good since last year

Monero is not really a short term investment. You could invest in it short term but you would not be able to make any more if/when it gets expensive in the near future.

I agree with you. Monera should be a long-term investment tool not short. And he definitely won't hurt in the final.

[mir4a]

I bought Monero a little on this market drawdown!) But I think that the price may still drop by 20%. 

[rosebrand]

Monero's superiority is in the field of security that is higher than other digital currencies. The problem is that Monero has security access that allows transactions, transaction sources and transaction purposes to be maintained by anyone.
After knowing the monero prospect, now is the time for you to invest. What's more, as we already know that Monero's increasing popularity will certainly be accompanied by the profit that follows.

[Best Coin8]

I believe that the monero is a very good investment coin. Monero is a fairly stable and reliable coin that will grow in the future.

[Pavel1391]

Developers of the Montero crypto currency have eliminated a bug that could allow intruders to "burn" funds in organizations' wallets, while sacrificing only a modest amount in the form of transaction commissions. This is reported in the official announcement of the project: https://getmonero.org/2018/09/25/a-post-mortum-of-the-burning-bug.html.
The created fix was privately distributed to exchanges and large merchants, so as not to attract unnecessary attention to the time of elimination of problems. According to the developers, to perform real attacks, the exploit was not used.

[roglopolo]

It is best to invest in Monero and hold coins for a short term.  But you can take a chance and hold coins for a long term.