Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
TrueCryptonaire
on 07/08/2015, 17:57:10 UTC
The low bound of the rising channel is like in .00205 so very good luck to everyone trying to sell his way there and profit out of it!!  Roll Eyes

Good, I'm glad the price is dropping again, just in time for pay day.

When Monero is 2000 usd each, you do not care less wether you paid 0.70 usd or 0.60 usd for your Moneros do you.

1-6/7=14% is a pretty heavy chunk.

You are right.
If you are able to acquire 100 000 XMR for 0,70 usd each, it is 116 000 XMR and if XMR costs 2000 usd each in some point in the distant future, the difference is significiant (32 million usd).

However, the challenge is to buy large amounts in quantities at low price as there is competition. For instance, I have been silently accumulating during the bear trend and I am planning to make some bigger accumulation.