Monero is up 15% in one day.
Monero is up 15% in one day
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OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
This dip was a generation wealth opportunity.
I'm fucking crying right now
Fuck it doesn't wanna go back down.
GO BACK DOWN YOU WHORE I GOT ORDERS
We've been in a bull market against Bitcoin since Russia invaded Ukraine. It looks like it wasn't a fluke either, after the recent collapse we're rapidly regaining sats while Bitcoin wallows at 30k.
What happened to this coin?WHy did rallied all the way to 290$ and then rugged 2.5X?Will it do it again?
Monero always pumps hard before a market crash.
Seems like the same thing happened in may,is it because XMR is mostly used to purchase illegal goods?
Yeah I’m buying in at 60$
See you there.
It's basically wash trading from whales. It will take some time for xmr to mature as an asset. Keep accumulating.
Monero is a better hedge against a market crash than tether. At least if you're into monero to begin with and don't like fiat.
>Yeah I’m buying in at 60$
Going to be waiting a long time senpai.
Great cup and handle of all time. See you all at $2k
is monero the ultimate coin?
Yes. Its it's the only one with a real use case at the moment.
Monero is just what Bitcoin was supposed to be, and what people who don't know anything about crypto think they're buying when they buy Bitcoin (i.e. scary, untraceable internet money).
It was even up 20% a while
Some russian dude paid me 2 Monero for some discord scripts. Should I sell it now? (Sell it for what? how?)
This is literally my only exposure to crypto
but why do whales wah trade specifically monero before the mega dumps?
i mean it can be any other coin aint it?
sell? Why, you should be accumulating more
Obviously extremely biased, but it's worth looking into for actually keeping long term (just write down the seed phrase for your wallet) unless you have an immediate need for cash. Although Monero has been performing well in a relative sense for the past few months, the entire crypto space is in a bear market and prices are low. Might go down more (who knows) but this generally isn't a great time from a financial perspective to try and liquidate it for fiat.
Depending on your country, you can look into exchanges like Kraken or just find a vendor that accepts Monero for something you want (Monero is money after all).
Breaks chain analysis. Buy monero, send it off-exchange to your own wallet, swap addresses, send it back and dump for dollarydoos. The taxman is left hopping mad with no chain to follow.