[XMR] Monero Speculation

[oOxenonOo]

No i do not have problem with deadlines i invest that much i can afford to lose, but you need to cut your loses at some point.. No one of us did not buy coin and leave it till evaporate to zero, of course you will take your lose at some point, if you think you can do better with that money. Was wait 6months, it is not week or two.

Same thing is happening now with my LSK, but LSK have road map, devs are working on it every day, there are lot of team-community  communication channels  and i feel much more comfortable to hold LSK then XMR at this point.

I'm not FUDing XMR here, i ask for opinion, is it worth to go on xmr one more time? If it is really going to be mass used on black market then this should be still nice buy in price.

12M supply>8USD piece>no chance

for black market use, it should be over 50 USD.

If you ask me you should not have sold your coins in the first place.
The right time to exit is when there are mass hysteria and people literally spending their nights in sleeping bags behind your door just to be the first one in the queue to get some Moneros from you at whatever price because the price doesn't matter at that time. Similar phenomenom we faced in dot-com bubble late 20th century/early 21st century.
Sell when it is hot and it is you who set the price, not the buyers.
To be hold that long you need to hold such amount that it doesn't matter even if you lose it 100 %. Otherwise you end up making emotional (and bad) trading decision.
Usually selling at the bottom is the worst possible trading decision.

OK look like there will not be an answer,
It is easy to say now  "you should not have sold your coins in the first place", but in that point if i had asked you is it good time to sell XMR, you would avoid answer same like you do now on question is it good time to buy.

I'm long time Holdem player and in my blood is to cut lose, it is a prime way of thinking there, based on that i was sell my coins. Yeah it was bad decision, but in a lack of info it is easy to do bad move.

Best of luck!

[1715667677]

1715667677

[mfqrs3]

It looks like it will revisit 110 area Prepare your shorts for profits

[elrippo]

It looks like it will revisit 110 area Prepare your shorts for profits

More likely below 0,009 

[rpietila]

Crypto Kingdom spins off a new currency People's Mark. It will later be used in Finland as a basic income currency.

Initial Economy Bureau stock giveaway happens to all the CK item owners in CK tomorrow 4pm UTC. Still time to participate.

[mfqrs3]

It looks like it will revisit 110 area Prepare your shorts for profits

More likely below 0,009 

Even better

[el testosteron]

Crypto Kingdom spins off a new currency People's Mark. It will later be used in Finland as a basic income currency.

Initial Economy Bureau stock giveaway happens to all the CK item owners in CK tomorrow 4pm UTC. Still time to participate.

What are the implications of this new coin as it pertains to xmr, in your opinion?

[obit33]

It looks like it will revisit 110 area Prepare your shorts for profits

More likely below 0,009  

hmmz, not sure it will go that low, volume smells like seller exhaustion...

wouldn't mind though, would like to pick up 100+ xmr per btc  

edit: I sorely miss the days of almost 1000 xmr per btc 

[rpietila]

Crypto Kingdom spins off a new currency People's Mark. It will later be used in Finland as a basic income currency.

Initial Economy Bureau stock giveaway happens to all the CK item owners in CK tomorrow 4pm UTC. Still time to participate.

What are the implications of this new coin as it pertains to xmr, in your opinion?

XMR will get quite a nice boost because the new coin will make me (even) more famous, and of all the coins, I can only promote XMR these days. So free marketing coming

[N-rG]

classic bulltrap ?

[adolf512]

classic bulltrap ?

I see bulltraps all the time with xmr, fell for some of them, i am learning the hard way

[kurious]

classic bulltrap? bore talking his own book.

Ignored

[elrippo]

classic bulltrap ?

I see bulltraps all the time with xmr, fell for some of them, i am learning the hard way

Most of us did  

[wpalczynski]

Crypto Kingdom spins off a new currency People's Mark. It will later be used in Finland as a basic income currency.

Initial Economy Bureau stock giveaway happens to all the CK item owners in CK tomorrow 4pm UTC. Still time to participate.

Do you have the Finnish government on board with this?

[BitcoinNewsMagazine]

Now that Monero is on everyone's radar anything under 120 is a buy and should price spike down to 100 a strong buy. That might just happen if bitcoin takes off on a bull run up. Or you could just wait until the XMR all time high is taken out on strong volume and buy on a pullback. Anyone disagree that if Monero is to continue to be a success price will have to rise above .0265?

[N-rG]

Now that Monero is on everyone's radar anything under 120 is a buy and should price spike down to 100 a strong buy. That might just happen if bitcoin takes off on a bull run up. Or you could just wait until the XMR all time high is taken out on strong volume and buy on a pullback. Anyone disagree that if Monero is to continue to be a success price will have to rise above .0265?

Strong buy below 0.0085, buy below 0.0100, medium at 0.0105

The "Problem" is, if the price falls to 0.0105 than it will fall to 0.0100 for sure and if so, it will crash very strong for a moment and than recover for sure.
We are still at falling prices the current development doesnt show a recovery -but as we all know it can be easily manipulated (look to these fake buy walls always)-
0.0073 is my personal point where i could imagine to get in with a lot of BTC (depending to the development of DNM, if its still bad than the coin is no longer interesting to me until change (but shorts after hype always interesting ))

0.012x is still 3 times above the average of 2 month before. So i guess 0.090 is possible. But hard to say what is happening know. Some money is for sure going into FCT (hype) and BTC (Deutsche Bank, FC)  now.

Losing from 0.012x to 0.0085 is still a lot of money dont forget.

[BitcoinNewsMagazine]

Now that Monero is on everyone's radar anything under 120 is a buy and should price spike down to 100 a strong buy. That might just happen if bitcoin takes off on a bull run up. Or you could just wait until the XMR all time high is taken out on strong volume and buy on a pullback. Anyone disagree that if Monero is to continue to be a success price will have to rise above .0265?

Strong buy below 0.0085, buy below 0.0100, medium at 0.0105

The "Problem" is, if the price falls to 0.0105 than it will fall to 0.0100 for sure and if so, it will crash very strong for a moment and than recover for sure.
We are still at falling prices the current development doesnt show a recovery -but as we all know it can be easily manipulated (look to these fake buy walls always)-
0.0073 is my personal point where i could imagine to get in with a lot of BTC (depending to the development of DNM, if its still bad than the coin is no longer interesting to me until change (but shorts after hype always interesting ))

0.012x is still 3 times above the average of 2 month before. So i guess 0.090 is possible. But hard to say what is happening know. Some money is for sure going into FCT (hype) and BTC (Deutsche Bank, FC)  now.

Losing from 0.012x to 0.0085 is still a lot of money dont forget.

Good points to consider thanks.

[N-rG]

btw. for the people who still claim Oasis didnt exit scam:

https://www.reddit.com/r/DarkNetMarkets/comments/55nwsk/followed_oasis_deposit_and_landed_on_750_coins_in/

[Febo]

@N-rG

You answer on any question or you put me on ignore on all your alts?

btw. for the people who still claim Oasis didnt exit scam:

https://www.reddit.com/r/DarkNetMarkets/comments/55nwsk/followed_oasis_deposit_and_landed_on_750_coins_in/

Not sure if is worth to ask since might not get an answer, but i will try anyway. Will you make a post in Bitcoin part of forum and ask if people think BTC will crash because one darkmarket that have on wallet 44k BTC closed its doors?

[bitwolf]

@N-rG

You answer on any question or you put me on ignore on all your alts?

btw. for the people who still claim Oasis didnt exit scam:

https://www.reddit.com/r/DarkNetMarkets/comments/55nwsk/followed_oasis_deposit_and_landed_on_750_coins_in/

Not sure if is worth to ask since might not get an answer, but i will try anyway. Will you make a post in Bitcoin part of forum and ask if people think BTC will crash because one darkmarket that have on wallet 44k BTC closed its doors?

BTC owners never gonna hurt their own coin. They fud only the competition.

[marty123]

Great price to buy Monero now, it will double ,triple or quadruple  its value in the next couple months.