[XMR] Monero Speculation

[bitowl]

I'm getting a hardon, pump must be getting close

[Anon136]

ETH volume in reach.

[TrueCryptonaire]

Resistance at 0.019. Support 0.0165.

[nanobrain]

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

[kurious]

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

Perhaps it's Amonirex's Cheap Coins Point

.0188

[freedomgo]

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

Perhaps it's Amonirex's Cheap Coins Point

.0188

That's a good news for the XMR, we have a very good week so far and the price seem going up again, we should see XMR to 0.02 in the next few days then I will sell mine at a decent profit.

[TrueCryptonaire]

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

To go there all it takes is one big green candle which we see every now and then.

[nanobrain]

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

To go there all it takes is one big green candle which we see every now and then.

60K XMR to get to .019....we haven't had volume like that since TheBigLegUP^TM

I think we're going to plough this furrow for sometime -- the tree has been shaken for 'weak hands', the next trial is that of patience/cash flow.  So, a long hard slog to test holders resolve.

I hope I'm wrong but that's how this market now feels.

[TrueCryptonaire]

Resistance at 0.019. Support 0.0165.

With 1300 BTC to get to .019, I'd suggest resistance is closer to .018.

To go there all it takes is one big green candle which we see every now and then.

60K XMR to get to .019....we haven't had volume like that since TheBigLegUP^TM

I think we're going to plough this furrow for sometime -- the tree has been shaken for 'weak hands', the next trial is that of patience/cash flow.  So, a long hard slog to test holders resolve.

I hope I'm wrong but that's how this market now feels.

Given that the weak hands have been shaken over 1 week ago, the price is slowly climbing up from 0.014-0.015 levels there are pretty fragile signs of recovery but I agree if this is recovery, it looks painfully slow.
I am expecting more big legs up. There are still many bitcoins in the sidelines waiting for the entrance. A lot of Legendary early day bitcoiners have still way too many bitcoins waiting to be invested into Monero.

[aminorex]

...if this is recovery, it looks painfully slow.

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!

[TrueCryptonaire]

...if this is recovery, it looks painfully slow.

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!

Hey, this is not stock market, man!

[nanobrain]

...if this is recovery, it looks painfully slow.

A 23% gain, bottom to present, in less than 9 days is "painfully slow”?  wtfbbq!

A week is a long time in politics; in crypto nine days is an interminable drag...and this correction is now into day 16! 

[N-rG]

The strong uptrend line is the "unhealthy one"
the low uptrend due to spectators who wait with investments until it is a stable uptrend.

So the blue line is my prediction. So far we shouldnt touch 160 ever again which is sad cause i want to invest a lot more of EUR there



Edit:
For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free

[smoothie]

LINK: https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694

[Anon136]

A week is a long time in politics; in crypto nine days is an interminable drag...

This is a symptom of why these communities and this technology is going to do more to change the world than every political act in the history of man combined. This technology is a force of nature.

[TrueCryptonaire]

The strong uptrend line is the "unhealthy one"
the low uptrend due to spectators who wait with investments until it is a stable uptrend.

So the blue line is my prediction. So far we shouldnt touch 160 ever again which is sad cause i want to invest a lot more of EUR there



Edit:
For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free

If you are an investor, you do not care that much price (+ or - 10 %).
When Monero is 1000 usd, it really doesn't make that big difference if you have bought your coins for 9.50 usd or 10.50 usd. However, if you are waiting some low ball price you might end up waiting forever and miss the big gains.
Usually when I say this, the counter argument is that "yeah, but for -10 % price you can get 10 % more coins". That's true. However, if you buy at spot and waite the price rises to 1100 usd/xmr you end up in the same end result. Remember, the price of Monero has to rise ovedr long haul, otherwise it dies because nobody considers it worthwhile holding.

For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free

Apparently you are not familiar with real estates.

[N-rG]

@TrueCryptonaire

I totally agree in every point
I just dont have to work  and just enjoy studying the cryptos and increase my asset.

Real Estates in my country are not as a good deal as to cryptos.

Its not tax free. We have to pay lawyers, notaries, land transfer tax, regular taxes, accommodation broker and services. Than strict laws when you let to someone you have the risk that they dont pay and even than you cannot just kick them out.

Moreover than the GOV knows excatly how much money you have invested. You sell, you are again in the cicle of paying taxes.

Investing in XMR is for the moment the most attractive one. I admit, i love money and what i like more is just more money. So its just numbers. Invest or example 250k lets say per week 2% growth is 5.000 EUR per week.
Now its getting interesting (i know all of you can calulate this, but i like to see these numbers  )
You dont calc. now 4*12*5000 which makes 240.000 profit.

Its 250.000*1,02^n with n = 48 it give me 646.767,69 EUR per year. Real estates are not even close to 200% profit per year. Its more like 4-12%

So even one who only invest 10.000$ its still ~25.900 after 12 month  

In my country I have to pay ~35% taxes on profit on stock exchanges and still the risk of losing money.

And again the GOV knows excatly how much money I have. I dont want that.

Besides these monetary facts i also like to support cryptos.

[TrueCryptonaire]

@TrueCryptonaire

I totally agree in every point
I just dont have to work  and just enjoy studying the cryptos and increase my asset.

Real Estates in my country are not as a good deal as to cryptos.

Its not tax free. We have to pay lawyers, notaries, land transfer tax, regular taxes, accommodation broker and services. Than strict laws when you let to someone you have the risk that they dont pay and even than you cannot just kick them out.

Moreover than the GOV knows excatly how much money you have invested. You sell, you are again in the cicle of paying taxes.

Investing in XMR is for the moment the most attractive one. I admit, i love money and what i like more is just more money. So its just numbers. Invest or example 250k lets say per week 2% growth is 5.000 EUR per week.
Now its getting interesting (i know all of you can calulate this, but i like to see these numbers  )
You dont calc. now 4*12*5000 which makes 240.000 profit.

Its 250.000*1,02^n with n = 48 it give me 646.767,69 EUR per year. Real estates are not even close to 200% profit per year. Its more like 4-12%

So even one who only invest 10.000$ its still ~25.900 after 12 month  

In my country I have to pay ~35% taxes on profit on stock exchanges and still the risk of losing money.

And again the GOV knows excatly how much money I have. I dont want that.

Besides these monetary facts i also like to support cryptos.

As I said, apparently you are not familiar with appartments/real estates/commercial estates.
You can get the highest return on this area if you know what you are doing (basically infinite returns).
The list you made is just an excuse not to invest and go out of comfort zone. 

[N-rG]

Than tell us excatly how to make infinity returns.

[TrueCryptonaire]

Than tell us excatly how to make infinity returns.

Use other people's money (banker) in investing and put the tenant to pay all the costs + ammortization.
Use 100 % financing.