Is Monero a Good Investment?

[Kitme]

Yes monero is a good investment altcoin this is old coin however it has big market capitalization and high trade volume this is not easy this is a good competitor of new coins i hope this coin always be in the Crypto market no one can replace it

[Ambu]

I think yes monero is a good coin for investments I'm not day trader so this is very best for long-term investments if you hold this coin for bull market it is a good strategy to earn profits from this coin still this coin is in buying range if you check this coin market structure you can understand it some countries are against privacy coins but still this coin in top 30 places in the crypto market .

[anshor1]

I think yes monero is a good coin for investments I'm not day trader so this is very best for long-term investments if you hold this coin for bull market it is a good strategy to earn profits from this coin still this coin is in buying range if you check this coin market structure you can understand it some countries are against privacy coins but still this coin in top 30 places in the crypto market .

Holder or trader , it depends on  your skill and time.
As trader , it needs your free time to monitor the market.
But I think holder is the best way to do, if you are busy at real life.
Monero is good investment, but beware It's privacy coin. We don't know what will happen at the future

[doc]

I agree with opinion above, as trader need  more time, holder just buy and hold.
But Honestly I think privacy coin is suitable for short term, because maybe at the coming years there are many country ban this coin.

[micjoh]

Monero is not a bad coin , but now I don't have monero I don't intrest in monero because of ethereum ETF news I hope q3, q4 will be good for crypto market also we are waiting for fed interest rate meeting

[kai]

This answer is for the OP's first post and this is purely my personal opinion about the Monero coin which has a Privacy foundation.

-I did not choose Monero for investment, but I noticed Monero as a solid path for a Privacy coin choice.
-No, Monero is not an investment tool but Monero for private payments.
-I think Monero is focused on those who want to use coins as private payments and do not want to be known by the public. I see every tx id in Monero is just a wallet and tx id without any value from the coins sent or received.

[Findingnemo]

This answer is for the OP's first post and this is purely my personal opinion about the Monero coin which has a Privacy foundation.

-I did not choose Monero for investment, but I noticed Monero as a solid path for a Privacy coin choice.
-No, Monero is not an investment tool but Monero for private payments.
-I think Monero is focused on those who want to use coins as private payments and do not want to be known by the public. I see every tx id in Monero is just a wallet and tx id without any value from the coins sent or received.

If it has the potential of being anonymous and people need that for use then obviously the demand will increase so it's price too which means it's good for investment right?

Monero faced a lot of legal issues and it's almost delisted from every centralized exchange that hinder it's adoption hugely but if there's situation comes where people prioritize the privacy over anything then it will become scarce so it doesn't hurt to add into one's portfolio.

[TBaaddi]

I think that Monero will be over $1000 by 2026.