Is monero worth getting into for someone who hasn't invested in crypto ever before (no not even shitcoin before)

Nigga you asked

5k EOY $XMR

ah i came off wrong, sorry. meant that as in youre probably better off because of it, if what you'd have done with money was invest it in some coin based on Jow Forums memeing

ohhhh, yeah I know a lot of people who invested in bitcoin right before it crashed, took it the wrong way my bad

>hobbyist
Sure lad, they're the only project that actively funds and employs cryptography PhDs
Their funding and employing of people has worked out terribly a few times, specially with Kovri, but it usually works out and has produced significant advancements for private blockchains
Monero isn't a PnD coin, it moves organically so it doesn't work as a moon mission, it's performance mid term tends to be better than BTC but not better than other top 15 coins, short term it's sometimes better than BTC and sometimes a bit worse
If you want a privacy coin Monero it's by far the best

zk snarks depends on a trusted setup. Not as reliable as CryptoNote obfuscation.

>999

this is a good omen. I am all in XMR with 20 monero. It trades nicely in this BART market. Goes from $60 to $70 USD in about a week. I've been accumulating from 15XMR stack over past two months. The mobile android wallet is secure as fuck, your XMR is safer in there than a trezor or nano. Perfect coin to trade and hold. Also I can tell you something fucking secret so nobody fucking look but op and DONT screencap this shit.

Im serious fuck off. Alright thank you. Basically, a property of XMR price action is that it seems to act in lockstep with BTC but actually, if you look fucking closely it crashes first and hardest. Usually -$300 btc = -$10 xmr BUT xmr will experience a drastic % loss right before bitcoin crashes, then crash harder. The big man mountain monero wallets either know the bitcoin cthulu dick OG's OR they are them to an extent. So, they make sure they get out of XMR at the peak and accumulate harder than other alts get shaken out.

keep in mind though, you need to have a higher iq than normal to use the monerujo wallet. nodes are no joke but that's part of why it's so secure. Also very fast to transact back and forth between binance and monerujo.

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I told you your 9's were lucky OP.

I am going to post a free TA of XMR. This is the weekly chart of the XMR_BTC pair on binance. Bands are wide which means our upward price action of $4 in a day is organic and sustainable. See the blue wave getting bigger as it goes right ? That's our volume. Rising volume bouncing out of a weekly low with wide bands. If you bought this morning you would be up about $4 per XMR but I'm excited to watch it hit $72 BRIEFLY in about 2 days.

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>It’s a hobbyist project that isn’t 100% private.
You drop this bait in every Monero thread and provide zero evidence to support your claim.
>zk snarks on ETH
Just stop.

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>The mobile android wallet is secure as fuck, your XMR is safer in there than a trezor or nano.
This is incredibly dumb and untrue, why do you think monerujo has ledger support? Hardware wallets are specifically designed to keep private keys secure, much more so than a general purpose machine.

Best choice IMO.

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Yes, Monero is the only actual crypto currency.

Don't fall for the chainlink is a meme meme meme

Zcucks eternally BTFO.

Zcash can have both private and not private addresses
Why do you jump on the conclusion that the guy had used shielded addresses?

Don’t meme meme meme meme meme

yes. the inflation rate falls below btc in a few months and its dev team isnt shite
also pic related

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Bitcoin, Ethereum, Monero are the Holy Trinity of Crypto. All you need. A lot of these shitcoins that top Monero in marketcap come and go. Ignore them.

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what's that HOLO around the XMR logo?

The ultimate chad folio

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Pedofolio more like

stay poor

He was trying to hide money. Why use Zcash for that and not use its privacy features?

pretty chad

My goal is to have 100 by the EOY. I'm a huge believer in monero and I really feel like someday if will be the de facto place for the wealthy to hide fundu.

same here. no point in keep your funds anywhere other than monero, then convert only small amounts to bitcoin to use. unlike all other transparent ledgers, no one will ever know how much you have or what you bought or who you are.

>Why do you jump on the conclusion that the guy had used shielded addresses?
Something like 96% of Zcash transactions are unshielded. Even if shielded transactions are as private as Monero, not enough people on the network are using them.