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Author Topic: Monero 20% down, time to buy?  (Read 661 times)
FrozenBit
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June 26, 2019, 05:23:51 PM
 #21

WTF is up with Monero lol, who is buying with me?!
If the BTC continues to increase, I believe that altcoin and Monero will fall much deeper than before. Don't buy now and be patient, altcoin is bleeding and you'll lose money if you buy them now
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June 27, 2019, 01:21:10 PM
 #22

The whole marketis down today and I think it is a good time to buy because the next wave will take crypto to over $20K that we all hope for this year. Many were waiting for this period because they nearly missed the 20K train again this year and I think btc dropping today is a good chance for many not to miss again
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June 27, 2019, 01:33:32 PM
 #23

Monero is a promising coin, but if you buy it, it is best to keep it for the long term, because it can show a very large growth

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June 27, 2019, 01:42:50 PM
 #24

WTF is up with Monero lol, who is buying with me?!

not only Monero, but in my opinion almost all Altcoin prices go down including the price of Bitcoin and in my opinion, rather than you investing in Monero, you better choose to invest in Binance, because I'm sure Binance price will recover faster and increase higher than Monero. so if you invest in Binance, the profit you earn will be greater than you investing in Monero.
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June 27, 2019, 01:48:11 PM
 #25

Monero is a great coin with continuous development but 20% drop in price might not be the best time to enter the market because btc experience some sharp draw down in price both yesterday and today; no one is sure of what next.
I will advise to wait until btc is corrected again and ride with the wave.
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June 27, 2019, 01:58:45 PM
 #26

The whole marketis down today and I think it is a good time to buy because the next wave will take crypto to over $20K that we all hope for this year. Many were waiting for this period because they nearly missed the 20K train again this year and I think btc dropping today is a good chance for many not to miss again
The whole market is doing this and its an opportunities for most of investors to make a clear move buying projects that will give them good chance to earned, good example now is buying this coin and store it for your long term investment, you'll see after everything went high this coin will bring good value.

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June 27, 2019, 02:07:14 PM
 #27

Monero is a great coin with continuous development but 20% drop in price might not be the best time to enter the market because btc experience some sharp draw down in price both yesterday and today; no one is sure of what next.
I will advise to wait until btc is corrected again and ride with the wave.
I decided to buy Monero because of this 20% discount. Very liquid coin, with a high level of anonymity. I will keep for a long time Monero.

mirawantirinjana
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June 27, 2019, 02:17:11 PM
 #28

Currently, altcoin falls because of the sharp increase in bitcoin, as well as Monero (XMR).
even though Monero is currently falling, I'm sure they will fall more on the next few days. keep calm let's look at bitcoin movements and consequently at the altcoin price. only then can you decide whether it's the right time to buy.
Golstrim
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June 27, 2019, 02:31:14 PM
 #29

Monero is a long term coin. Dark web is using mostly monero, so I guess everyone would use it anyway and price will keep growing.
Don't bet all of your funds on 1 coin, but include it in your portfolio

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chocopapaya
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June 27, 2019, 02:46:23 PM
 #30

If you are interested in privacy coins, Monero is hands down the best one to buy.
It is considered one of the big coins even though it is not in the top 5.
It's been around forever, has consistently done well, and has a huge community backing it.
So 20% down is of course, a great time to buy.
It is not one of those coins that will just continue to fall and fail.

With Libra and btc looking to finally bring crypto mainstream, the demand for privacy coins will most likely increase.
As regulations set in, and centralized payment methods become a burden, something like Monero will become more valuable.
And since there is a price correction now, buy up!

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June 27, 2019, 02:50:09 PM
 #31

Monero has always been a decent coin, I know this %20 would be affecting the future possible profits but right now bitcoin is making a decent run and I doubt the altcoin rally will start anytime soon.

Yes, you would be right to buy monero, anyone who gets some into their portfolio would be making a great decision but right now I feel like maybe I should holding bitcoin a bit more like at least a month maybe until end of the summer and then buy altcoins which is why I wouldn't get it now. That is not because it won't go up, it will definitely go up but I just feel like there are profits and there are profits, why would I buy and wait for something when I can already make profits as it is right now. However if you already have monero and not going to just buy, then I would suggest holding.

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June 27, 2019, 03:10:25 PM
 #32

I am still not optimistic about buying Monero for now. When bitcoin shows great movement these days, it's not the right time to buy now. I prefer ethereum and BCH. At least that's what I think has a good chance this season.
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June 27, 2019, 04:43:35 PM
 #33

Monero is 20% down , because btc went down and thus a whole market do the same . It's a best anonymity cryptocurrency but despite this it is difficult to predict its relevance in the market and its price. It is a more risky asset than bitcoin or ethereum and investing in it you need to be prepared for anything, because no one knows what awaits anonymous coins in the future

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June 27, 2019, 04:55:04 PM
 #34

If you are looking for long time investment then Monero is one of the best choice.
Since ATH it lost 84%, you can buy Monero in 84% sale, isn´t it good?

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June 27, 2019, 05:00:48 PM
 #35

im prefer to buy more on etherium, if you really want invest, hold your eth and btc until 2021, you will get big profit like 2017 did.
yes you are right, but it's not bad trying to buy another altcoin too. moreover monero is one good coin. and down 20% is a good time to buy. if I had money, maybe yesterday I bought it. if my prediction is correct, there is no need to wait long even until 2021 to make a profit. because soon the market will return to ATH.

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June 27, 2019, 05:05:03 PM
 #36

WTF is up with Monero lol, who is buying with me?!
Ohhh no bitcoin even followed the trend of monero? Because it was nealry 20% down from the last 24 hour price.
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June 27, 2019, 05:07:00 PM
 #37

Monero is not that bad but investing in ethereum is better because watching the bitcoin graph I detect that ETH isn't lacking behind but I don't understand why xmr lose 20% value but that doesn't mean xmr is bad ,if you have extra cash its good to buy both

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June 27, 2019, 05:09:17 PM
 #38

I don’t like Monero and therefore, in spite of its low price, I wouldn’t recommend it to buy to anyone
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June 27, 2019, 05:32:21 PM
 #39

the price decline that occurred in Monero was only a result of a decrease in BTC prices. but in my opinion the investment in ETH is far better than investing in Monero, this is because the quality of ETH is far above the monero.

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June 27, 2019, 05:36:14 PM
 #40

i think its a accumulating time for monero, im still avaraging since 105$ each, monero is the biggest privacy coin, no doubt for me to averaging and holding this coin
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