Dear bitcoin community,
I recently started researching in altcoin and I tried to figure out which other altcoin is more used in sending money online (I think a traded currency shows that the currency will resist in the future and will grow) and I came to the conclusion that Monero is that coin.
Why Monero? I think it's pretty simple, Monero because I saw that everyone from the dark web asks for payments in Monero, and this leads me to think that Monero would be a good investment now because from what I understand, even Bitcoin has first massively traded on the dark web, and Monero came as a more anonymous alternative to the dark web and so it replaced the bitcoin there.
So, as the title of this thread says: Is Monero a Good Investment?
I have presented my theory, but what do you think?
Please expose your opinion to help me in making the final decision whether to invest my money in Monero or not.
I deeply appreciate your contribution on this thread.
The price prediction for this coin shows that it has the potential to do well long-term. For instance, a five-year prognosis for XMR shows that the price will rise to $2104 in 2023 with revenue of +556.54%. If you invest $100 in Monero today, you are likely to get $656.54 in 2022.
I will give this forecast not for 2022, but for 2020. This coin has a huge potential for price growth and will always be popular in dark web