Convince me
Why should I not sell this
Wyatt Rodriguez
Lucas White
Because clearly you have your life in order and are not in need of immediate cash and can thus afford to hold assets long term. Oh? You can't?
Joshua Lee
Ledger nano will support it soon. The software is already available in "developer mode", it just needs more testing.
what does this matter?
1) people will finally be able to use it as true digital cash (bitcoin can't be considered digital cash because it's not fungible). so it will have real utility in addition of being store of value.
2) lots of monero will move to cold storage. liquidity from exchanges will dry up. whales will buy a lot. some people just don't trust exchanges and don't want to manage wallets and keys themselves. without ledger, cold storage is a very hard option not available for most people.
I expect a 20x for monero within months if the bull market continues.
Robert Smith
*bull trend
technically, we are still in a bear market
Christopher Wilson
I agree with a lot of this. I think 20x is a lot but you're absolutely right about ledger support. I'd expect to see a ton of Monero move into cold storage.
The important thing to remember about Monero is that it's a completely different codebase than Bitcoin and all of these developments represent a fuckton of work for developers. If Monero survives Forkception and gets bulletproofs implemented in September it will be unstoppable over the next few years.
Dominic Hall
this is the only coin in my portfolio not making any money
i cant believe i feel for this pajeet bullshit
Jace Nelson
> I think 20x is a lot
20x would be put it at #2. it's important to keep in mind the entire market will grow. so if it does a 10x within months and the entire market does a 2x later, you will have your 20x.
bullet proof + hardware wallet = easily a top #3 coin.
Jason Cruz
this is pajeet mentality, you buy shit when it's undervalued if the fundamentals are solid and wait for months or even years.
Monero is a sleeping giant and has a good risk:reward ratio.
Jace Collins
cause it's about to reverse into an uptrend dawg
Charles Hall
I sold at 0.0310 and bought back in today at 0.026
Play the swings instead of panicking when the ratio goes down by 20%