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Monero Forum / Re: Will you buy XMR?
« on: Today at 12:28:50 AM »I think for now there are no purchases for additional monero coins in my wallet, there is already enough for my long-term investment until the target I set, currently I prefer to invest short term and trade weekly for other altcoinsYeah, while XMR made a new ATH in 2021, its price performance has not been particularly impressive and has not kept up with many other top coins such as ETH, BNB, or ADA. At the same time, privacy coins are being seen as one of the dangers to the economy as it is very difficult for the police to track down and identify scammers when they use XMR. Privacy coins are gradually being delisted from many CEXs, I do not really believe in their potential to appreciate in price.
I am using Binance, and XMR was delisted at the end of February, so I cannot buy XMR on Binance even if I want to. I think XMR should only be used for anonymity purposes if I really have a need in the future, for now I am only focused on investing and XMR is not the best option for me.