Post
Topic
Board Altcoin Discussion
Re: Too late to buy Monero?
by
Mr.cryptos
on 30/11/2017, 02:29:22 UTC
Monero is a good choice OP. If you are looking to hold for 6 month or more, this price level is still reasonable.

Can someone tell me where to buy monero ?
Thanks

You can buy Monero in Bittrex and Poloniex. But you have to first buy BTC or ETH to trade in the 2 exchanges.

Thank you for the info, much appreciated
so if i buy BTC, and then with BTC i exchange to Monero, what happens afterwards? i mean in 6 months for example i want to sell Monero, do i have to exchange it back to BTC? but BTC would have also doubled in price...
Sorry i'm a newbie..
If you will hold for over 6 months, You can download the wallet windows/IOS on monero website. That way you will have the private keys, and your coins are secured. Using the exchanges for very large amounts is not a good idea since you may have the risk of losing your tokens if the exchange goes down. By the bitter and poloniex are very trusted exchanges. But remember prevention is better than cure.

but if you are new to crypto and your investment amount is small, you can comfortable keep your coins in the exchanges.