Can someone help me understand how BTC price impacts XMR price? I am completely unaware of the correlation. Is a high price good or bad short term (for this weekend)? 
Really hope to cash on the action this time as I didn't during the first event
Really hope to cash on the action this time as I didn't during the first event
Short term high BTC price is negative since people get scared BTC will suddenlly triple and sell their precious Monero for it. Long term is positive since Monero at $150 looks way cheaper when BTC is $10k then when is $1k.
For retirement, I'd like to put a few thousand in a structured product that pays out in fiat a fixed weight of gold and silver.
EG put in 5k XMR, get monthly fiat payments equal to 5oz au + 100oz ag.
EG put in 5k XMR, get monthly fiat payments equal to 5oz au + 100oz ag.
I think 100 XMR will be more then enough for something like that. Well it depends of your lifestyle, but with 5000 XMR you can retire by the end of a year.