/biz/ - Business & Finance

https://is2.4chan.org/wsg/1659621494025739.webm

Monero will be $500+ EOY.

The King

42 XMR here. Feeling comfy.

>>4539032
>Not OP but actually considering for day trading

Monero is a really dumb choice for daytrading as it's market price tends to go horizontal for long stretches and then inch it's way up to a new floor.

Daytraders would be better served with more volatile coins like BTC and trying to time the rollercoaster.

We long-term holders for Monero are going for the moon however so feel free to join us if you don't want to post pink wojacks after you lose money gambling on shitcoins.

>>4455156
>It's also an anomaly for /biz to have this many XMR threads right now.

It's weird considering it's in the top 10 coins by market cap but I often come here and don't see a single thread in the catalog. Especially because I would consider Monero to be a 4chan-preference over normie Reddit shit that has "internet of things" marketing with no substance whatsoever. But then again we got bagholders of shitcoins so they have to shill what they're holding.

But yes OP this is probably the best coin to invest in right now. It will eventually crash along with everything else when the bubble pops, but unlike everything else Monero will still exist on the other side because it actually has market usage and isn't a get-rich-quick scheme. Just learn when to sell, and when to rebuy.

Considering the advancements on this project I wouldn't be surprised to see it at $1000 next year.

Is Monero the best long term hold?

What coins are still going to be around in 5 years and have real world, market functionality?