Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Bemerand
on 02/08/2016, 00:51:56 UTC
Is it necessary for the global economy to implode for XMR to grow exponentially? Or will people be able to see the merits of fungible cryptocurrency without calamity?


If you are investing based on the premise that the global economy will implode in order for you to make your money, you basically belong on the TV show doomsday preppers. This coin is a solid investment with out the doomsday scenario, its just supposed to be a niche thing that if that ever does happen XMR is prepared. Look at the bigger picture, is it a worthwhile coin for everyday life and will its anonymity specs and special features of this coin help it to grow? Chances are the global economy will be just fine a higher percentage of the time then it will spend collapsing and countries around the 7 billion person world work all together to keep it going. I understand the temptation to invest in something that only need happen one time to score big, (like a global economic crash) but look at every other day too is all I'm saying #JustMyAdvice