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Author Topic: Is Monero Still Profitable?  (Read 44799 times)

Offline Doctor

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Re: Is Monero Still Profitable?
« Reply #60 on: December 20, 2020, 05:39:26 AM »
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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Re: Is Monero Still Profitable?
« Reply #60 on: December 20, 2020, 05:39:26 AM »

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Offline dekafee79

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Re: Is Monero Still Profitable?
« Reply #61 on: December 25, 2020, 04:40:54 PM »
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.

Offline Quantum X

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Re: Is Monero Still Profitable?
« Reply #62 on: December 28, 2020, 04:59:55 PM »
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.

Offline raisajahan

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Re: Is Monero Still Profitable?
« Reply #63 on: January 02, 2021, 06:56:32 AM »
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.

Offline ranaprime

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Re: Is Monero Still Profitable?
« Reply #64 on: January 09, 2021, 05:10:29 PM »
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. 

Offline mahid

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Re: Is Monero Still Profitable?
« Reply #65 on: January 11, 2021, 06:47:42 AM »
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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Offline four

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Re: Is Monero Still Profitable?
« Reply #66 on: February 01, 2021, 08:04:19 AM »
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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Re: Is Monero Still Profitable?
« Reply #66 on: February 01, 2021, 08:04:19 AM »


Offline Hisbullah

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Re: Is Monero Still Profitable?
« Reply #67 on: March 03, 2021, 06:44:02 AM »
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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Offline Tnoy30

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Re: Is Monero Still Profitable?
« Reply #68 on: May 15, 2021, 06:53:13 AM »
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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Re: Is Monero Still Profitable?
« Reply #69 on: May 22, 2021, 03:18:19 PM »
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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Re: Is Monero Still Profitable?
« Reply #70 on: June 09, 2021, 02:28:23 PM »
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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Re: Is Monero Still Profitable?
« Reply #71 on: June 10, 2021, 01:46:08 PM »
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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Re: Is Monero Still Profitable?
« Reply #72 on: June 29, 2021, 02:14:42 PM »
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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Re: Is Monero Still Profitable?
« Reply #73 on: July 09, 2021, 02:09:07 PM »
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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Re: Is Monero Still Profitable?
« Reply #74 on: August 22, 2021, 11:35:06 AM »
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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