Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Hueristic
on 24/05/2017, 20:26:24 UTC
A note to everyone jumping onboard for a pump and dump: Monero doesn't do that.  If you dump, you will probably find yourself coming back later, only to find your next buy to be half the size of your last buy.  Okay I admit there have been two spikes which retraced,  but since then Bitcoin has doubled.  How many people who sold at 2016’s ATH would be twice as wealthy today if only they had simply held through thick and thin, fair and stormy alike?  I daresay the overwhelming majority.  Don't be distracted by shiny Dunning-Krugerrands.  Stack your Monero gradually, persistently and you may end up like Warren Buffett (but younger prettier and more righteous).   Throw your chips on red, and you will end up like all the other nameless bums on the park benches who gambled away baby's milk money.

I can attest to this, had to sell at $20 and missed spike again. Cheesy

I was actually hoping to buy a couple extra Monero before the announcement, but I literally can't buy Bitcoin right now.
Coinbase is having issues with their site, Bitstamp wants a ton of documents, Kraken has been verifying my Level 1 account since yesterday...

People hoping to get into bitcoin aren't going to pay crazy fees or deal with some random person on a forum.
It seems like the ability to convert fiat to crypto (and vice versa) is still the biggest hurdle to investing these days...

Fuck kraken, they busted my balls on my picture and you can't buy with usd there from US so they suck.