Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: sulphur007 on April 08, 2020, 03:29:00 PM
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In the highly competitive market of cryptocurrencies, Monero (XMR) has created a place for itself. Created in April 2014, today it is the 10th largest cryptocurrency with a market capitalization of $3.26 billion.
Monero has become a favorite among investors and miners because of its powerful performance last year. It went up from $10 in January 2017 to $494 in January 2018, giving a return of around 4800% to its investors. Isn’t that mind-blowing?
So, if you are thinking about Monero mining, then you’re not alone. The growth that Monero experienced last year has brought a lot of attention to XMR mining.
Monero mining might seem confusing, and you may have many questions such as: How does it work? What kind of software and hardware do I need? How do I start? How long does it take to mine one XMR?
But here’s the good news — today I will answer all these questions and many more related to Monero mining. So, by the end of this guide, you will have a clear understanding of what Monero mining is, and whether you should do it or not.
Before jumping to mining though, it’s important for you to know what Monero is and what makes it so special.
There are so many cryptocurrencies that people do not tend to pay much attention to. Investing in these cryptocurrencies would bring about maximum profits and also would bring less worries in the fluctuations of their prices as they have really stable prices. Cryptocurrencies like ripple,monero,dash,binance coin,bitcoin cash,bitcoin sv, litecoin,ethereum and so many more can be invested on the platform (www . forex #spam .io) where you get from 25% to 100% ROI on whatever is invested.
Monero Mining: What is Monero (XMR)
Monero, like Bitcoin, is a digital currency which can be used to send and receive payments. Imagine Carl wants to pay $100 to Ava, and they agree to do the transaction in cryptocurrency. Carl can make the payment using Bitcoin, Litecoin, Monero or any other similar cryptocurrency.
So, why would Carl use Monero?
How Monero is different from Bitcoin?
If Carl and Ava want that their transaction remains untraceable and private, then Monero may be their best option.
Let me explain this further:
If Carl sends Ava some money using Bitcoin, the transaction is visible to everyone on the network. Everyone can see who the sender is who the receiver is. This means that transactions sent in Bitcoin are public and out there for everyone to see.
Even though Bitcoin is decentralized, it is not private. Monero, however, is both decentralized and private. Monero’s technology allows all transactions to remain 100% private and untraceable.
If the transaction is done using Monero, then Carl and Ava are the only two people who will know about this transaction. There is no one else on the Monero network that could find out that this transaction ever took place.
The privacy that is offered by Monero is what has made it so popular. As some people feel uncomfortable letting others know what they are spending their money on.
In addition to complete privacy, here are some more other unique features of Monero:
Monero Is Fungible
Sounds complex? Well, it isn’t. In fact, it’s a very simple concept.
Fungibility simply means that units of a currency (or asset) are interchangeable. For example, a $100 bill can be replaced by another $100 bill, or even two $50 bills. This is what makes fiat currency (USD, EUR, JPY etc.) fungible.
Whereas Bitcoin is not fungible. That’s because someone might refuse to take a Bitcoin which has previously been used in an illegal transaction. This is possible because everyone can see the transactions which have took place on the Bitcoin network.
So, one unit of Bitcoin might not be interchangeable with another Bitcoin, but this is not the case with Monero. Since no one knows anything about the previous transactions of a Monero coin, all of them are considered equal and are interchangeable with one another.
Monero Mining Does Not Require an ASIC
An ASIC (Application Specific Integrated Circuit) is a special type of hardware used for Bitcoin mining. An ASIC can cost anywhere in between $600 to $1000, which has made Bitcoin mining unattractive for anyone except professionals.
Fortunately, Monero mining doesn’t require you to purchase an ASIC. Instead, Monero mining can be carried out using your computer’s CPU/GPU. This has made Monero a good option for beginners and other people who don’t want to investment lots of money to start mining.
So, now that you know a bit more about Monero and how it differs to Bitcoin, it’s time to find answer your next question – what is Monero mining?
Monero Mining: What Is Monero Mining
At the time of writing, there is a total of 15,829,795 XMR in circulation. This number will continue to increase until there are 18.4 million Monero coins in circulation.
So, how are new Monero coins created?
The answer is simple — Monero mining!
Monero miners perform two important tasks:
In the previous example, suppose Carl sends $100 to Ava via bank transfer. In this scenario, it is the bank’s job to make sure that Carl has enough balance to make the $100 payment to Ava. After the bank confirms this transaction, they make a record of it so that it can be referred to in the future.
Now, if Carl were to send the $100 to Ava using Monero, then who would validate and record this transaction? The answer is: Monero miners! This removes the need for banks to confirm transactions.
A question that often comes up is: What’s in it for the miners? Well, they get rewarded with XMR coins each time they verify a transaction on the Monero network. Every time they use their resources to validate a group of transactions (called blocks), they are rewarded with brand new Monero coins!
Monero Mining Reward
The current reward for verifying (mining) 1 transaction block is around 4.99 XMR, plus a transaction fee of 0.06573 XMR.
So, what happens to the miner’s reward after all 18.4 million Monero coins are mined?
Here’s the good news: After reaching 18.4 million XMR coins, new coins get added to the system at a flat rate of 0.3 XMR/minute. These new coins will be used to reward the miner’s and keep them incentivized for mining.
Do you know how long it takes to mine one Monero coin?
A Monero block is mined every 2 minutes, and we know that the current reward for mining transaction block is 4.99 XMR. So, by doing the simple math, we know that 1 XMR is mined every 24 seconds.
Now that you know what Monero mining is and why it is required, it will be easier for you to understand how to mine Monero.
Monero Mining: How to Mine Monero
As I mentioned earlier, you don’t need to purchase special hardware for XMR mining. Anyone with a computer can mine Monero. But with that said, the more powerful the hardware, the better.
There are several ways to mine Monero, but before we get into that, you need to know what a Monero mining pool is.
Monero Mining Pool
Before you start mining, you need to decide whether you’re going to mine Monero on your own, or will you join a Monero mining pool.
In a mining pool, a group of Monero miners come together and combine the power of their hardware. This gives them a better chance of verifying transactions (yes, the competition is tough!). The reward they receive from mining is also split between the mining pool. Most mining pools charge you a pool fee, which is generally in the range of 0-2%.
Imagine that you contribute 5% to the total hardware power of the mining pool you are in… this means that you will also receive 5% of the total rewards earned by the Monero mining pool.
Solo mining (mining by yourself) is not recommended for the beginners. Solo mining will not earn you any rewards unless you are prepared to invest a lot of money into mining hardware.
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When I see the past three months Monero market definitely I can tell Monero is still profitable altcoin thus it stay in top position in cryptomarket cap at last three months Monero declined to $30 this is the lowest price but not it's trading price is $65 .
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When I see the past three months Monero market definitely I can tell Monero is still profitable altcoin thus it stay in top position in cryptomarket cap at last three months Monero declined to $30 this is the lowest price but not it's trading price is $65 .
Of course still Monero is profitable asset this not dull coin so if invest in right time namely low price definitely can earn good profits in short time.
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The title of this thread really wanted to make me laugh out loud because I asked about the benefits of Monero.
Hey dud!
Monero was created so perfectly with its purpose because Monero was designed for privacy.
Before you even create an account at this Forum, if Monero already has the goodness of its vision and mission, does the OP still want to ask again about the benefits of Monero? lol
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In the highly competitive market of cryptocurrencies, Monero (XMR) has created a place for itself. Created in April 2014, today it is the 10th largest cryptocurrency with a market capitalization of $3.26 billion.
Monero has become a favorite among investors and miners because of its powerful performance last year. It went up from $10 in January 2017 to $494 in January 2018, giving a return of around 4800% to its investors. Isn’t that mind-blowing?
So, if you are thinking about Monero mining, then you’re not alone. The growth that Monero experienced last year has brought a lot of attention to XMR mining.
Monero mining might seem confusing, and you may have many questions such as: How does it work? What kind of software and hardware do I need? How do I start? How long does it take to mine one XMR?
But here’s the good news — today I will answer all these questions and many more related to Monero mining. So, by the end of this guide, you will have a clear understanding of what Monero mining is, and whether you should do it or not.
Before jumping to mining though, it’s important for you to know what Monero is and what makes it so special.
There are so many cryptocurrencies that people do not tend to pay much attention to. Investing in these cryptocurrencies would bring about maximum profits and also would bring less worries in the fluctuations of their prices as they have really stable prices. Cryptocurrencies like ripple,monero,dash,binance coin,bitcoin cash,bitcoin sv, litecoin,ethereum and so many more can be invested on the platform (www . forex #spam .io) where you get from 25% to 100% ROI on whatever is invested.
Monero Mining: What is Monero (XMR)
Monero, like Bitcoin, is a digital currency which can be used to send and receive payments. Imagine Carl wants to pay $100 to Ava, and they agree to do the transaction in cryptocurrency. Carl can make the payment using Bitcoin, Litecoin, Monero or any other similar cryptocurrency.
So, why would Carl use Monero?
How Monero is different from Bitcoin?
If Carl and Ava want that their transaction remains untraceable and private, then Monero may be their best option.
Let me explain this further:
If Carl sends Ava some money using Bitcoin, the transaction is visible to everyone on the network. Everyone can see who the sender is who the receiver is. This means that transactions sent in Bitcoin are public and out there for everyone to see.
Even though Bitcoin is decentralized, it is not private. Monero, however, is both decentralized and private. Monero’s technology allows all transactions to remain 100% private and untraceable.
If the transaction is done using Monero, then Carl and Ava are the only two people who will know about this transaction. There is no one else on the Monero network that could find out that this transaction ever took place.
The privacy that is offered by Monero is what has made it so popular. As some people feel uncomfortable letting others know what they are spending their money on.
In addition to complete privacy, here are some more other unique features of Monero:
Monero Is Fungible
Sounds complex? Well, it isn’t. In fact, it’s a very simple concept.
Fungibility simply means that units of a currency (or asset) are interchangeable. For example, a $100 bill can be replaced by another $100 bill, or even two $50 bills. This is what makes fiat currency (USD, EUR, JPY etc.) fungible.
Whereas Bitcoin is not fungible. That’s because someone might refuse to take a Bitcoin which has previously been used in an illegal transaction. This is possible because everyone can see the transactions which have took place on the Bitcoin network.
So, one unit of Bitcoin might not be interchangeable with another Bitcoin, but this is not the case with Monero. Since no one knows anything about the previous transactions of a Monero coin, all of them are considered equal and are interchangeable with one another.
Monero Mining Does Not Require an ASIC
An ASIC (Application Specific Integrated Circuit) is a special type of hardware used for Bitcoin mining. An ASIC can cost anywhere in between $600 to $1000, which has made Bitcoin mining unattractive for anyone except professionals.
Fortunately, Monero mining doesn’t require you to purchase an ASIC. Instead, Monero mining can be carried out using your computer’s CPU/GPU. This has made Monero a good option for beginners and other people who don’t want to investment lots of money to start mining.
So, now that you know a bit more about Monero and how it differs to Bitcoin, it’s time to find answer your next question – what is Monero mining?
Monero Mining: What Is Monero Mining
At the time of writing, there is a total of 15,829,795 XMR in circulation. This number will continue to increase until there are 18.4 million Monero coins in circulation.
So, how are new Monero coins created?
The answer is simple — Monero mining!
Monero miners perform two important tasks:
In the previous example, suppose Carl sends $100 to Ava via bank transfer. In this scenario, it is the bank’s job to make sure that Carl has enough balance to make the $100 payment to Ava. After the bank confirms this transaction, they make a record of it so that it can be referred to in the future.
Now, if Carl were to send the $100 to Ava using Monero, then who would validate and record this transaction? The answer is: Monero miners! This removes the need for banks to confirm transactions.
A question that often comes up is: What’s in it for the miners? Well, they get rewarded with XMR coins each time they verify a transaction on the Monero network. Every time they use their resources to validate a group of transactions (called blocks), they are rewarded with brand new Monero coins!
Monero Mining Reward
The current reward for verifying (mining) 1 transaction block is around 4.99 XMR, plus a transaction fee of 0.06573 XMR.
So, what happens to the miner’s reward after all 18.4 million Monero coins are mined?
Here’s the good news: After reaching 18.4 million XMR coins, new coins get added to the system at a flat rate of 0.3 XMR/minute. These new coins will be used to reward the miner’s and keep them incentivized for mining.
Do you know how long it takes to mine one Monero coin?
A Monero block is mined every 2 minutes, and we know that the current reward for mining transaction block is 4.99 XMR. So, by doing the simple math, we know that 1 XMR is mined every 24 seconds.
Now that you know what Monero mining is and why it is required, it will be easier for you to understand how to mine Monero.
Monero Mining: How to Mine Monero
As I mentioned earlier, you don’t need to purchase special hardware for XMR mining. Anyone with a computer can mine Monero. But with that said, the more powerful the hardware, the better.
There are several ways to mine Monero, but before we get into that, you need to know what a Monero mining pool is.
Monero Mining Pool
Before you start mining, you need to decide whether you’re going to mine Monero on your own, or will you join a Monero mining pool.
In a mining pool, a group of Monero miners come together and combine the power of their hardware. This gives them a better chance of verifying transactions (yes, the competition is tough!). The reward they receive from mining is also split between the mining pool. Most mining pools charge you a pool fee, which is generally in the range of 0-2%.
Imagine that you contribute 5% to the total hardware power of the mining pool you are in… this means that you will also receive 5% of the total rewards earned by the Monero mining pool.
Solo mining (mining by yourself) is not recommended for the beginners. Solo mining will not earn you any rewards unless you are prepared to invest a lot of money into mining hardware.
Yes, I see monero is still profitable when ised it for day trading. Because You will get profit for monero fluctuaions. If you hold your monero, I doubt yo will het profit. I see monero is still struggling now.
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Monero is the same as other Cryptocurrency coins, Monero is currently ranked 14th Coinmarketcap at a price of $ 66.68. This is good enough in my opinion, and Monero has good potential too. Monero is worth investing, because monero will provide benefits for those of us who invest in it.
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When I see the past three months Monero market definitely I can tell Monero is still profitable altcoin thus it stay in top position in cryptomarket cap at last three months Monero declined to $30 this is the lowest price but not it's trading price is $65 .
Of course, I think monero will have good progress. I also still believe monero is still profitable. Because I think monero will give you alot benefit when the monero price will rise. I see monero have a good future. I believe about monero.
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In my opinion Monero is still profitable and will have good price at the june or july this year. Although monero is recovering slowly now, But I believe monero will rise and more stable at july.
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Monero is the same as other Cryptocurrency coins, Monero is currently ranked 14th Coinmarketcap at a price of $ 66.68. This is good enough in my opinion, and Monero has good potential too. Monero is worth investing, because monero will provide benefits for those of us who invest in it.
If you buy monero in low price , You will get benefits when rise. Buy low and sell high. But I see the market is recovering now, I think If you buy now, You will get profits at future. Monero is still profitable to invest.
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I think the OP was also wrong to post this because the post impressed copy-paste from others (maybe).
Just look at the badge that belongs to him also in the form of "spammers" and it proves that this person always makes unnecessary things in this forum.
Monero has also been accepted in various communities and this is an advantage for all of you.
Unfortunately, MOnero has now become an expensive coin and to get it we have to Mining it in the market.
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When I see the past three months Monero market definitely I can tell Monero is still profitable altcoin thus it stay in top position in cryptomarket cap at last three months Monero declined to $30 this is the lowest price but not it's trading price is $65 .
Monero is maintain at $65 today. By seeing the past three months , I agree with you mate. I think monero is still profitable and very potential coin. I have several monero and enjoy to do daily trading, It is more profitable and good way to earn profit.
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Yes. Still Monero is profitable this is the top potential altcoin so this coin is directly following the BTC price at past six months this is the huge profitable coin so this coin is attracting huge investments everyday so definitely we can say this coin future will be good and this is the best investment for future.
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When I see the past three months Monero market definitely I can tell Monero is still profitable altcoin thus it stay in top position in cryptomarket cap at last three months Monero declined to $30 this is the lowest price but not it's trading price is $65 .
Yes I see monero is still profitable at this year. I have bought 10 XMR, I hold and wait the end of this year. Because I have read many investor predict monero will have promising future. I believe it.
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In the highly competitive market of cryptocurrencies, Monero (XMR) has created a place for itself. Created in April 2014, today it is the 10th largest cryptocurrency with a market capitalization of $3.26 billion.
Monero has become a favorite among investors and miners because of its powerful performance last year. It went up from $10 in January 2017 to $494 in January 2018, giving a return of around 4800% to its investors. Isn’t that mind-blowing?
So, if you are thinking about Monero mining, then you’re not alone. The growth that Monero experienced last year has brought a lot of attention to XMR mining.
Monero mining might seem confusing, and you may have many questions such as: How does it work? What kind of software and hardware do I need? How do I start? How long does it take to mine one XMR?
But here’s the good news — today I will answer all these questions and many more related to Monero mining. So, by the end of this guide, you will have a clear understanding of what Monero mining is, and whether you should do it or not.
Before jumping to mining though, it’s important for you to know what Monero is and what makes it so special.
There are so many cryptocurrencies that people do not tend to pay much attention to. Investing in these cryptocurrencies would bring about maximum profits and also would bring less worries in the fluctuations of their prices as they have really stable prices. Cryptocurrencies like ripple,monero,dash,binance coin,bitcoin cash,bitcoin sv, litecoin,ethereum and so many more can be invested on the platform (www . forex #spam .io) where you get from 25% to 100% ROI on whatever is invested.
Monero Mining: What is Monero (XMR)
Monero, like Bitcoin, is a digital currency which can be used to send and receive payments. Imagine Carl wants to pay $100 to Ava, and they agree to do the transaction in cryptocurrency. Carl can make the payment using Bitcoin, Litecoin, Monero or any other similar cryptocurrency.
So, why would Carl use Monero?
How Monero is different from Bitcoin?
If Carl and Ava want that their transaction remains untraceable and private, then Monero may be their best option.
Let me explain this further:
If Carl sends Ava some money using Bitcoin, the transaction is visible to everyone on the network. Everyone can see who the sender is who the receiver is. This means that transactions sent in Bitcoin are public and out there for everyone to see.
Even though Bitcoin is decentralized, it is not private. Monero, however, is both decentralized and private. Monero’s technology allows all transactions to remain 100% private and untraceable.
If the transaction is done using Monero, then Carl and Ava are the only two people who will know about this transaction. There is no one else on the Monero network that could find out that this transaction ever took place.
The privacy that is offered by Monero is what has made it so popular. As some people feel uncomfortable letting others know what they are spending their money on.
In addition to complete privacy, here are some more other unique features of Monero:
Monero Is Fungible
Sounds complex? Well, it isn’t. In fact, it’s a very simple concept.
Fungibility simply means that units of a currency (or asset) are interchangeable. For example, a $100 bill can be replaced by another $100 bill, or even two $50 bills. This is what makes fiat currency (USD, EUR, JPY etc.) fungible.
Whereas Bitcoin is not fungible. That’s because someone might refuse to take a Bitcoin which has previously been used in an illegal transaction. This is possible because everyone can see the transactions which have took place on the Bitcoin network.
So, one unit of Bitcoin might not be interchangeable with another Bitcoin, but this is not the case with Monero. Since no one knows anything about the previous transactions of a Monero coin, all of them are considered equal and are interchangeable with one another.
Monero Mining Does Not Require an ASIC
An ASIC (Application Specific Integrated Circuit) is a special type of hardware used for Bitcoin mining. An ASIC can cost anywhere in between $600 to $1000, which has made Bitcoin mining unattractive for anyone except professionals.
Fortunately, Monero mining doesn’t require you to purchase an ASIC. Instead, Monero mining can be carried out using your computer’s CPU/GPU. This has made Monero a good option for beginners and other people who don’t want to investment lots of money to start mining.
So, now that you know a bit more about Monero and how it differs to Bitcoin, it’s time to find answer your next question – what is Monero mining?
Monero Mining: What Is Monero Mining
At the time of writing, there is a total of 15,829,795 XMR in circulation. This number will continue to increase until there are 18.4 million Monero coins in circulation.
So, how are new Monero coins created?
The answer is simple — Monero mining!
Monero miners perform two important tasks:
In the previous example, suppose Carl sends $100 to Ava via bank transfer. In this scenario, it is the bank’s job to make sure that Carl has enough balance to make the $100 payment to Ava. After the bank confirms this transaction, they make a record of it so that it can be referred to in the future.
Now, if Carl were to send the $100 to Ava using Monero, then who would validate and record this transaction? The answer is: Monero miners! This removes the need for banks to confirm transactions.
A question that often comes up is: What’s in it for the miners? Well, they get rewarded with XMR coins each time they verify a transaction on the Monero network. Every time they use their resources to validate a group of transactions (called blocks), they are rewarded with brand new Monero coins!
Monero Mining Reward
The current reward for verifying (mining) 1 transaction block is around 4.99 XMR, plus a transaction fee of 0.06573 XMR.
So, what happens to the miner’s reward after all 18.4 million Monero coins are mined?
Here’s the good news: After reaching 18.4 million XMR coins, new coins get added to the system at a flat rate of 0.3 XMR/minute. These new coins will be used to reward the miner’s and keep them incentivized for mining.
Do you know how long it takes to mine one Monero coin?
A Monero block is mined every 2 minutes, and we know that the current reward for mining transaction block is 4.99 XMR. So, by doing the simple math, we know that 1 XMR is mined every 24 seconds.
Now that you know what Monero mining is and why it is required, it will be easier for you to understand how to mine Monero.
Monero Mining: How to Mine Monero
As I mentioned earlier, you don’t need to purchase special hardware for XMR mining. Anyone with a computer can mine Monero. But with that said, the more powerful the hardware, the better.
There are several ways to mine Monero, but before we get into that, you need to know what a Monero mining pool is.
Monero Mining Pool
Before you start mining, you need to decide whether you’re going to mine Monero on your own, or will you join a Monero mining pool.
In a mining pool, a group of Monero miners come together and combine the power of their hardware. This gives them a better chance of verifying transactions (yes, the competition is tough!). The reward they receive from mining is also split between the mining pool. Most mining pools charge you a pool fee, which is generally in the range of 0-2%.
Imagine that you contribute 5% to the total hardware power of the mining pool you are in… this means that you will also receive 5% of the total rewards earned by the Monero mining pool.
Solo mining (mining by yourself) is not recommended for the beginners. Solo mining will not earn you any rewards unless you are prepared to invest a lot of money into mining hardware.
Yes I think monero is still profitable. It is the best privacy coin. The transaction cannot be tracked. Monero is good for long term investment and safe transaction. I see many investor already used monero to invest now.
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Yes. Still Monero is profitable this is the top potential altcoin so this coin is directly following the BTC price at past six months this is the huge profitable coin so this coin is attracting huge investments everyday so definitely we can say this coin future will be good and this is the best investment for future.
Monero is very potential coin, I see monero still profitable to invest. But In my opinion Monero is good for long term investment. Because Monero will have good future and more valuable at the next year. Many investor predict about it.
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I haven't any doubt in Case of monero coin , I think monero is still a good coin for investment purposes .
Personally I never invest but one of my colleagues friends invest a good amount in monero coin , he is still in good profit at This moment.
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I haven't any doubt in Case of monero coin , I think monero is still a good coin for investment purposes .
Personally I never invest but one of my colleagues friends invest a good amount in monero coin , he is still in good profit at This moment.
why you are not invest in monero brother? Monero is good coin and really very potential to invest. It is safe and good for anonymous. I have invested in monero and enjoy it. I believe monero will rise.
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Monero is good coin, I still believe Monero is profitable coin. I see the graphics of market is good. You can buy monero and hold for long-term investment.. I think. monero is good for long term.
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Yes I think Monero is really potential and profitable coin. looking at Monero lately, I see Monero has good growth. Maybe in the future Monero prices will be more stable. I have see several investors used Monero for daily trading, I don't know How good Monero for daily trading, in my opinion Monero is good for long term investment.
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Yes I think Monero is really potential and profitable coin. looking at Monero lately, I see Monero has good growth. Maybe in the future Monero prices will be more stable. I have see several investors used Monero for daily trading, I don't know How good Monero for daily trading, in my opinion Monero is good for long term investment.
Yes I agree, Monero is good for long term investment. I have bought Monero and hold it. I have read many thread at this forum, about Monero. Monero will have promising future and will more valuable than now.
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I think Monero is one of the top coins and best investment coin.also monero most used privacy coin always and has a huge trade volume.I have a hope that monero price will be increase in the coming months.
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I think Monero is one of the top coins and best investment coin.also monero most used privacy coin always and has a huge trade volume.I have a hope that monero price will be increase in the coming months.
I think I also believe like you, Monero will be increase in coming months. I have try to use Monero in short term investment. I hope It will rise week by week and give us profits. Because many people used Monero for long term.
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Yes monero still profitable investment this is not a dull project this is the promising platform so lot of investors using this coin for investment they are choosing short and long term investments this is always profitable coin I'm keep investing on this coin.
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I think Monero is one of the top coins and best investment coin.also monero most used privacy coin always and has a huge trade volume.I have a hope that monero price will be increase in the coming months.
Yes, I hope it too. I have bought more several Monero and hold it. I think Monero is good for long term investment.
I have read many predictions at this forum, Monero is one of very potential coin to do it.
Maybe some people has used Monero for daily trading, But I think It is not profitable.
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I think Monero is one of the top coins and best investment coin.also monero most used privacy coin always and has a huge trade volume.I have a hope that monero price will be increase in the coming months.
Yes Monero is best investment coin this is the best coin for long term investments this coin has huge supporters and this coin #DevelopmentTeam is hard working for the future develop so this is project is remaining in top places today this coin price is $80 but Monero is still profitable investment because this year Monero likely to hit $120-150.
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I have seen many people said Monero will beat ethereum and bitcoin at the coming future. I see Monero is very potential coin and still profitable to invest.
Monero is private transaction, I see many investors have used Monero for transaction because It is untraceable.
I doubt about the criminals activities, I think they also used Monero for criminals activities.
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I have seen many people said Monero will beat ethereum and bitcoin at the coming future. I see Monero is very potential coin and still profitable to invest.
Monero is private transaction, I see many investors have used Monero for transaction because It is untraceable.
I doubt about the criminals activities, I think they also used Monero for criminals activities.
I agree with your opinion, Monero is very potential coin good for private transaction. Because This coin is untraceable. I have bought several Monero and I also believe this will give us alot profit. I see this coin is so popular and really potential for long term investment.
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Monero price is 94$ this year end will touch 200$
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Of course, Monero is still profitable. But I personally believe Monero is good for long term investment. I see the progress of short term, Monero is not good. I know Monero is good private coin, But there is several potential coin for short term like ripple.
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When I see the past three months Monero market definitely I can tell Monero is still profitable altcoin thus it stay in top position in cryptomarket cap at last three months Monero declined to $30 this is the lowest price but not it's trading price is $65 .
Of course still Monero is profitable asset this not dull coin so if invest in right time namely low price definitely can earn good profits in short time.
I strongly agree. Monero is still the same potential and promising coin in cryptocurrency ecosystem. It didn't drop to rank 200. It means to say there are still hope for monero always. By the way the current price is $89.5.
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Of course, Monero is still profitable. But I personally believe Monero is good for long term investment. I see the progress of short term, Monero is not good. I know Monero is good private coin, But there is several potential coin for short term like ripple.
Yes I think It is true. Monero has s still profitable coin and really good for long term investment. There is many advantages of private transaction, untraceable and good for anonymous. I think Monero will have bright future and more popular at the future.
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This coin has been in silent mode for a while, xmr will still pump hard but no one knows exactly when
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This coin has been in silent mode for a while, xmr will still pump hard but no one knows exactly when
Of course I believe XMR will rise again. XMR is very potential and profitable coin for long term investment.I have read many people at this forum have said it.
They believed this coin will have bright future .
In my opinion, by seeing Monero progress at this year, I think It is true. Monero has potential to recover again.
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Monero is potential altcoin yes this is the silent coin but this is a giant altcoin this is the huge profitable coin for long term investments so if you want to hold this coin for long term definitely you can choose it because it's future will be very bright so in the future the price of the monero will increase again.
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Monero is potential altcoin yes this is the silent coin but this is a giant altcoin this is the huge profitable coin for long term investments so if you want to hold this coin for long term definitely you can choose it because it's future will be very bright so in the future the price of the monero will increase again.
I also have read many prediction about Monero. I agree with your opinion about it. This coin is good for long term investment. Many investors have invested in Monero and hold for several months. I personally don't like to invest in Monero. I prefer invest in.top five coin.
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Monero is potential altcoin yes this is the silent coin but this is a giant altcoin this is the huge profitable coin for long term investments so if you want to hold this coin for long term definitely you can choose it because it's future will be very bright so in the future the price of the monero will increase again.
Buy more Monero now and hold. Monero decrease 7.21% and by the way it had been in $495 last January 2018 and now it is $76 only. I think it is still profitable to invest in XMR. There is a bright future in this coin.
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This coin has been in silent mode for a while, xmr will still pump hard but no one knows exactly when
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Monero is potential altcoin yes this is the silent coin but this is a giant altcoin this is the huge profitable coin for long term investments so if you want to hold this coin for long term definitely you can choose it because it's future will be very bright so in the future the price of the monero will increase again.
yes Monero is the silent giant altcoin in cryptomarket currently this coin has more than $1billion market capitalization this is not easy , potential projects only survive the cryptomarket dull situation because the cryptomarket is high fluctuate so you can invest in Monero this is the potential platform I think this is the best coin for long term investments this is not a perfect coin for short term investments.
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Monero is potential altcoin yes this is the silent coin but this is a giant altcoin this is the huge profitable coin for long term investments so if you want to hold this coin for long term definitely you can choose it because it's future will be very bright so in the future the price of the monero will increase again.
yes Monero is the silent giant altcoin in cryptomarket currently this coin has more than $1billion market capitalization this is not easy , potential projects only survive the cryptomarket dull situation because the cryptomarket is high fluctuate so you can invest in Monero this is the potential platform I think this is the best coin for long term investments this is not a perfect coin for short term investments.
I agree Monero is silent coin and good for private transaction. I see Monero has shown good performance and more stable..I believe this coin will be more popular and will have bright future. Monero is one of my favourite coin and I have used this coin for private transaction.
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Yes I think Monero is still profitable for Investment. I have seen many people said Monero is silent coin and good privacy coin. Monero has been used by hackers and criminals activities for their transactions, I hope Monero will not be blocked by several countries.
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Monero is popular privacy coin lotof cryptocurrency investors using this coin for long term investments because this is profitable investment for long term today this coin touched $130 it is highest price of past 12 months many investors earned profits from this coin this year of course still monero is profitable.
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Of course, Monero is still profitable. But I personally believe Monero is good for long term investment. I see the progress of short term, Monero is not good. I know Monero is good private coin, But there is several potential coin for short term like ripple.
Yes I think It is true. Monero has s still profitable coin and really good for long term investment. There is many advantages of private transaction, untraceable and good for anonymous. I think Monero will have bright future and more popular at the future.
Yeah obviously. But monero price as well as many coin tokens price down bcs of lots of ico ieo happening around us. I have examined numerous expectations at this time, Monero is one of the exceptionally potential coin to do it.
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Yeah obviously. But monero price as well as many coin tokens price down bcs of lots of ico ieo happening around us.
Keep calm mate, I think It is just dump. Many tokens priceis going down now, But I still believe Monero will have promising future and increase again at the next several months. I hope Monero will touch $ 150 at the end of this month, November. and Monero price will hit $ 200 at December this year.
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Monero is potential altcoin yes this is the profitable altcoin but everything is dependent on the market situation so we must know about market conditions and what is the next move of the investment coin so we can earn profits from investments without big lose.
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Monero is potential altcoin yes this is the profitable altcoin but everything is dependent on the market situation so we must know about market conditions and what is the next move of the investment coin so we can earn profits from investments without big lose.
I think market condition is good now. Litecoin has shown good recovery after crash and I believe this coin will hit 100 USD at the end of this year. Litecoin has been predicted will compete in top five coin at the next year.
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Yes, of course.. Monero is still profitable for Investment. But It is suitable for long term investment. Monero is good for privacy transaction and already have been used my investors now. So, you can buy now mate and hold it.
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Monero is still profitable investment if you have Monero just hold , or if you want to invest in Monero you can buy now Monero this is also best for long term investments because the cryptomarket has started to recover so if you invest now it will give big profits.
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Yes, of course.. Monero is still profitable for Investment. But It is suitable for long term investment. Monero is good for privacy transaction and already have been used my investors now. So, you can buy now mate and hold it.
So am i. by seeing my analizing, I think Monero is good for long term investment. It is really profitable and potential coin for long term. I have seen many investors already bought more Monero for their Investment.
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Monero is still profitable investment if you have Monero just hold , or if you want to invest in Monero you can buy now Monero this is also best for long term investments because the cryptomarket has started to recover so if you invest now it will give big profits.
I agree Monero is good for long term investment, but the Monero price is high now . I think it is not profitable for long term investment, In my opinion, it is risky. Maybe for Short term,It is profitable.
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Monero is still profitable investment so it's trade volume is too high everyday lotof investors using this coin for trading also this coin has big market capitalization this is popular cryptocurrency for anonymity this is potential platform in the past six months this is a profitable investment.
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Monero is still profitable investment so it's trade volume is too high everyday lotof investors using this coin for trading also this coin has big market capitalization this is popular cryptocurrency for anonymity this is potential platform in the past six months this is a profitable investment.
Yes I see Monero is very popular now. Many investors also used this coin for their transactions. Monero is good privacy coin But I think It will be blocked by several countries, because untraceable and maybe will be misused by illegal activities.
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The Monero coin is in a good position at coinmarketcap.com. The popularity of such coins is constantly increasing. Prices are rising with increasing popularity. So the amount of investment in the market is increasing. There is no doubt that Monero is a popular cryptocurrency.
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I think Monero position is much better. So investors are able to make a profit, if they invest in the right amount. So I think investing on these coins is profitable. However, since the value of the coin is higher, you have to wait a long time to invest.
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i was wondering to start mining monero (xmr) personally not for the immediate gains but for the future XMR is a very noteworthy asset (coin) due to its privacy features and has a lot of recognition and reputation with many exchanges and liquidity pools .
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I think Monero position is much better. So investors are able to make a profit, if they invest in the right amount. So I think investing on these coins is profitable. However, since the value of the coin is higher, you have to wait a long time to invest.
I agree , Monero is potential and profitable to invest now. You can buy and hold for two or three months again, you will profit from Monero. Monero is good for privacy coin. This coin is very popular now. Many trader and investors have used it.
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I will share a news today.It drew my attention very much.He owned tokens in Monero (XMR) of a Ukrainian politician who announced his assets.
This politician bought 185,000 xmr for $ 0.36 in 2015.Current return is 36,000%He paid $ 66,000 to make this purchase in 2015, and his xmr value as of today is $ 24.5 million.
https://news.bitcoin.com/newly-appointed-ukrainian-politician-declares-owning-over-24-million-in-monero/
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Monero is a good coin and this is so much profitable in the market. Monero coin is a very strong coin and its team is very professional and it give us good profit than the other coins.
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Monero is a privacy-focused coin. I think he did not find the necessary value because he was focused on privacy. Unfortunately, some countries do not lean towards privacy-oriented coins. Mining is also done and a coin with a total amount in place. I wonder what monero will do if there is an altcoin bull.
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Checks on Binance and Monero have Margin trading.
In other words, Monero on Binance already has good trust so that Margin trading is made.
I think the advantage of Monero is that there are a lot of exchanges that open Monero trades and this is an advantage for Monero lovers.
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I think from the price analysis based on what happened at time which the price ranges from $30 downtrend but that could be a year ago the trading price it said to be $65 dollar as of last three months depending on the year,because currently the monero price is $152 dollar compare to what it is before.
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Monero is a privacy-focused coin. I think he did not find the necessary value because he was focused on privacy. Unfortunately, some countries do not lean towards privacy-oriented coins. Mining is also done and a coin with a total amount in place. I wonder what monero will do if there is an altcoin bull.
Exactly, Monero is always focus in privacy transaction. But I think when the Monero popularity increases, I believe the price will increase. So.I believe Monero is still profitable for investment and good for your private transaction.
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Monero is a privacy-focused coin. I think he did not find the necessary value because he was focused on privacy. Unfortunately, some countries do not lean towards privacy-oriented coins. Mining is also done and a coin with a total amount in place. I wonder what monero will do if there is an altcoin bull.
Exactly, Monero is always focus in privacy transaction. But I think when the Monero popularity increases, I believe the price will increase. So.I believe Monero is still profitable for investment and good for your private transaction.
Of course, Monero popularity will increase by the time and I believe the price will increase too. Because when more popular, It will affect the demand. Monero demand will go up and It will affect the price too.
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Monero is a privacy-focused coin. I think he did not find the necessary value because he was focused on privacy. Unfortunately, some countries do not lean towards privacy-oriented coins. Mining is also done and a coin with a total amount in place. I wonder what monero will do if there is an altcoin bull.
Exactly, Monero is always focus in privacy transaction. But I think when the Monero popularity increases, I believe the price will increase. So.I believe Monero is still profitable for investment and good for your private transaction.
Of course, Monero popularity will increase by the time and I believe the price will increase too. Because when more popular, It will affect the demand. Monero demand will go up and It will affect the price too.
In my opinion it depend on what way of profit you want to gain from this coin. This coin is really impressive when it comes to its service and so the purpose is what keep it alive in the market. In this since for traders it is still profitable but if you are investor and want to gain something bigger in short term then this is not for you.
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Monero is electronic cash that allows fast, inexpensive payments to and from anywhere in the world. It is the leading cryptocurrency with a focus on private and censorship-resistant transactions. Unlike many cryptocurrencies, Monero is based on the crypto note protocol and possesses significant algorithmic differences relating to the blockchain. How to mine Monero and what is the best, find out from the text below.
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Yes it is very easy to say because if you search it then you can get everything especially its maximum price which express that this is the buy time of Monero con. The maximum price of the coin is $600 and the current price of the coin is $144. So it is still profitable.
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Yes i also think that it is still profitable. The current price of the monero is $155 which is not so high because we know that the high price of the coin is $500 over. The most important thigh is that it isl still increasing slowly. Any time it can make bull run,
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Monero is popular privacy coin currently it has big market capitalization but many government are acting against of monero because they're don't like privacy transactions some exchanges has halted monero transactions I don't know exactly what will happen next but if you invested in this coin just hold until the end of this year it will be more profitable.
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Monero is popular privacy coin currently it has big market capitalization but many government are acting against of monero because they're don't like privacy transactions some exchanges has halted monero transactions I don't know exactly what will happen next but if you invested in this coin just hold until the end of this year it will be more profitable.
Yes, I see Monero will have big problem at the coming future, because Monero is private transaction and untraceable. Monero will be blocked by several countries. For now, I think Monero is still profitable.
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The financial services of the digital ecosystem can only be replenished from cryptocurrencies. While the financial services of cryptocurrencies are increasing rapidly around the world, the transactions of cryptocurrencies in the digital ecosystem are increasing rapidly. Various currencies are gaining popularity in the cryptocurrency market. I think Monero is different from other cryptocurrencies. So Monero's future is much better.
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Sorry, I have to say honestly, my favorite coin was forced to leave it because in my opinion the development was quite slow. And I prefer other coins, or even I choose new coins which have a faster development.
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Sorry, I have to say honestly, my favorite coin was forced to leave it because in my opinion the development was quite slow. And I prefer other coins, or even I choose new coins which have a faster development.
Yes, I agree.. Their team didnot improve more this coin , just focus on privacy coin.
If you want to choose other coin that more profitable, you can choose top coin.
Like BNB, ripple etc.
Monero is good privacy coin. Many investors used it for their private transactions.
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Every Cryptocurrency has the potential to be profitable if the Crypto is supported by a large community or people of great influence. And I believe that Monero has that, even though at the moment it's still less likely that Monero will be even better in the future.
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Yes Monero is still profitable coin to invest if you want to invest in Monero this is the good time to buy because the price of Monero is $222 if you compare past few months market this is the good deal price to buy also this coin already touched $500 in this year if you wait you can see a new all time high.
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Of course Monero is still profitable coin for long term investments if you buy this coin you should wait until market recover because cryptomarket is unpredictable so patience is a good strategy at bearish situation today the price of Monero is $202 I think this is the best price range to buy so try to accumulate this coin for long term investments.
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Monero is still doing well if you check past few weeks market you can understand it Monero is a popular privacy coin but this is a good coin for investments currently Monero is moving in uptrend past seven days price up is +10.89% if you have Monero just hold it for big profits.
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Yes monero is a profitable investment coin there is many new coins are fighting top places in the cryptomarket however monero is still surviving the all cryptomarket situation it has big trade volume and market capitalisation it has big community if you have monero hold it for more profits.
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I believe in monero this is a popular privacy coin it has big trade volume and market cap also it has 30th place in the CMC I don't fear about this coin but my opinion this is a good coin for long term investments if you want big profits from this coin just hold until touch the peak .
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I believe in monero this is a popular privacy coin it has big trade volume and market cap also it has 30th place in the CMC I don't fear about this coin but my opinion this is a good coin for long term investments if you want big profits from this coin just hold until touch the peak .
The problem I see with monero is that it is not that anonymous as they claim it. Most people don't want it because it is not that useful for lacking good privacy. It syncs really slow and its privacy is is quite bad. You might not known but it is using a 11 ring size. It means that one input is yours and 10 other are decoy ring members. This means there is a 10% chance that the transaction is spending your real input. Using timestamp correlation, external observers could have a really god chance to get some kind of picture of what you were doing. Monero it is great because it was the first privacy coin to get some adoption. But other new cryptocurrencies like Pandora Cash offers greater privacy and more people could use it. Over time monero will lose competition if new and more private coins will get developed. As I pointed out Pandora Cash is 25 times more private than Monero. Just tell me how can anybody stick with monero, when Pandora Cash is simply technological better.
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I think yes monero is still profitable coin and this is popular in the Crypto market if you invest now you will get good profits in coming months because there is important hardfork and network upgrade will be occurred in June and July so holding monero is still profitable.
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Yes monero is popular altcoin in the Crypto market it has big market capitalization and trade volume currently monero network upgrade will take place in the august i think this is a good news of this coin actually this is a road to the future of this coin monero is a good coin for long term investments.
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Monero is a profitable altcoin but this is best for long term holdings if you buy at the low price you should wait until the top of the bull market now I don't have monero if you want to buy this coin this is the right time also you can buy now at a average price when compared with previous high.