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/biz/ - Business & Finance

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50514921 No.50514921 [Reply] [Original]

ok anons , I now know why I should buy XMR and LINK
Tell me now why shouldn't I buy it ?

>> No.50515004

dont buy monero nobody knows what people buy with it

>> No.50515076

>>50515004
OP here
Isn't that the reason why I should buy Monero ?

>> No.50515077
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50515077

>>50514921
If you're buying Monero as an investment, sell immediately. This is a currency, not a ponzi to sell a bigger fool. USE Monero, as it is intended.
As for LINK, it's backed by the WEF, so for me it's a no-go. It's definitely considered an investment though, I just have my own principles.

>>50515004
That's the entire point, moron.

>> No.50515176
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50515176

>>50515077
thank you for those information anon !
I did wanted to buy those as investment
I hate Klaus and his gang but I have no principles so I might take a further look into it

>> No.50515491

>>50515077
Based, and would also like to add that 'store-of-value' is a valid usecase of Monero.

>> No.50516308
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50516308

>>50515077
I hear this alot but currencies appreciate in value as well. If you think the transaction volume and number of people looking to keep their actions private will increase than xmr is also a good postion to have as an investment

>> No.50516496

>>50515176
You're welcome anon. I just don't want to support such evil. But you could make money with it.
>>50515491
It's money, so by definition it is a sore store of value.
>>50516308
As I explained above, it should not be categorized as such. Monero is money and a currency. Money is a store of value, so that's an innate property of xmr. It's about storing your money privately and securely, not making money and swapping to the weaker currency - paper fiat. It's counterproductive.

>> No.50516532

>>50516308
from what Klaus Schabs & his gang have planned for us (you will have nothing & be happy , no privacy &co , 2030...)
I think people will look into financial privacy
So it might be a good idea aswell

>> No.50516536

They suck at pumping. That's the best fud there is.