Monero is one of the old coins that has a strong psychological stronghold on the minds of cryptocurrency enthusiasts. It offers the least technology as at today's rankings but it has more trade volume and acceptance than the rest and even predicted to go as high as $3000 by 2021
You have no fucking clue about what you are talking about.
This is the pain and FUD we've been waiting for. I predict we will hit a new USD ATH within 90 days. That means end of September.
It won't matter for most of us if it's still down vs BTC, cos most of us bought XMR with BTC. I'm actually down a lot tbh. It would've been way better for me if I just held BTC.
So you're saying if Monero hit $10k USD it wouldn't matter because you would've made more by staying in BTC? By that logic you will never be satisfied with your investments, because there will always be something you
could've done to gain more profit.
Look, I'm not hating on XMR or anything, I think it's the most awesome alt out there. But buying, say 5 BTC worth of XMR, and looking at it now and it's like now worth 2 BTC really hurts.
It does but its not designed to be a P&D coin.
In the last days I am starting to consider that I should invest in monero.
The main reasons are :
1. Libra centralized shitcoin
2. FATF hard on for regulation in crypto space.
This very likely could force people to use Monero.
Don't invest in it.
Use it.