XMR
Updated
I am a long term Monero bull and been buying and holding throughout most of the sideways accumulation zone seen in the above chart . In my opinion XMR is the only "true cypto" . You may consider this funny if you have been conditioned to believe "BTC is it" in which case you couldnt be more wrong . Think about what the word "CRYPTO" actually means . "Cryptographic security" "Privacy" "Anonymity" . There are only a handful of coins that qualify as "true crypto" , XMR being the best example . A couple others are zcash and zano but are inferior to Monero in my opinion . The original developers of btc were in fact cryptographers that probably had a much different vision for btc than what it actually turned out to be once it became too big for it's own good .
Many think XMR may die, i disagree and the fact it's been around this long maintaining a high price speaks volumes of it's longevity . I doubt it will ever see the insane markups that btc did but i think it can 10x from here for long term holders . Monero has a far superior mining emission strategy as compared to bitcoin's "halvings" which will become a big problem in the future that will need to be addressed . The technical picture screams bullish to me and "under accumulation". My strategy is to buy, hold and wait for the markup . Good luck .
https://www.getmonero.org
Many think XMR may die, i disagree and the fact it's been around this long maintaining a high price speaks volumes of it's longevity . I doubt it will ever see the insane markups that btc did but i think it can 10x from here for long term holders . Monero has a far superior mining emission strategy as compared to bitcoin's "halvings" which will become a big problem in the future that will need to be addressed . The technical picture screams bullish to me and "under accumulation". My strategy is to buy, hold and wait for the markup . Good luck .
https://www.getmonero.org
Note
Although i've been hodling Monero for years, this is actually my first idea posted on it, because i feel it's time has finally come . Why do i say this ? Well, because these last couple years we have seen unprecedented attacks from government pressure to delist, deplatform, and delegitimize XMR on a global scale . Recent developments include the delisting announcement from Kraken and the shutdown of Agoradesk where people traded BTC for XMR anonymously localmonero.co/blog/announcements/winding-down?language=en . This will be shut down november 7th and may also affect access to moneros main website . It's more than obvious that as they put the screws to XMR in every way possible that they are extremely concerned about it's very existence . This also confirms that any claims about cracking XMR by chainanalysis as blatant lies . So why am i recommending a crypto that appears to be in the process of being killed off by authorities ? Well, because even after all of this, xmr continues to remain strong and more recently has developed an inverse correlation to BTC, which makes total sense . BTC represents govt control and transparency to all transactions and when distrust in this system falls then privacy based money will rise . The fact that XMR has withstood attacks that would kill an average crypto is huge . It tells me it is not going away but it may eventually have to go underground , but isnt that what "crypto" currencies were originally invented for anyway ? Ive decided that doing TA on the monero chart is basically fruitless at this time as it's range bound and is why i recommend a buy the dips and hold methodology here. Dont use stops as you will get eaten . Just buy low and hold . I actually believe that we will come to a time when you cannot buy monero , anywhere , even as it skyrockets in price. Those who accumulated early will be the lucky ones . What about exchanging it for USD ? To that i say, who cares ! If we get to that point you wont really want USD anyway anymore . You will want gold, silver, and XMR. Trade active
Moonero is under heavy accumulation . Continue to add .
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