Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
amaral1977
on 30/11/2017, 11:54:00 UTC
I start to get all sorts of emails from trading advisors that we should get out of crypto. Specially after the downfall from yesterday, that the downrisk is just to big. Maybe I am a fool but I don't want to sell, I believe there is a lot more to come, specially for xmr. So much more to come with kovri, hardware wallet... But if Bitcoin fails, we go down as well. So I dont know if I am a fool or not to believe that 1000 USD for 1 xmr is possible. But then Bitcoin must keep on growing...
trading advisors are looking at BTC as they look to the stocks they are used to. It´s overbought - yes, loosing momentum, yes and yes for any other indicators i don´t even know the name. but the diference is that the market cap of crypto is still very small, so lots of money to come in, and the tecnology itself won´t go away. So hopefully it will correct as it did before for 6 or even 4 k levels ( XMR as well so i can buy more) but then will keep growing. Until when IDK.