Is Monero Still Profitable?

[blue]

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.

[Kitme]

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 .

[yakhdan]

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.

[Kitme]

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.

[Blue4]

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.

[Blue4]

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.