Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kurious
on 11/05/2018, 08:23:17 UTC
0,06125 in mid of October  Cheesy Grin Shocked Roll Eyes Cool Wink Smiley

I think there might be upwards fun before then, see my thoughts above, but I can't rule 0.06 by October out.

It's BTC, as always, that leads the whole market. The inability to get to five figures was obvious and showed a weakness that means more pain is required before really escaping the bear market.

The stock market old-timers used to say 'sell in may and go away'...

Around a week ago I sold a portion of my BTC trading stash and placed some lowball bids stepping down from 9K which have started to be hit.  But my fresh fiat is aimed at XMR.  Why XMR?  Partly because I sold some late last year and the fiat is currently wasting away in the bank, but mainly because by the autumn I think anything bought now or lower is at at least a 50% discount to what I think we will see by this autumn.

It's already looking a steal IMHO. The pain was coming, but if you have cash Monero might just be starting its summer sale.

DYOR.