• mels@monero.town
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    5 months ago

    I think both. I disagree with people who say it is not an investment instrument. Considering its future, for me it is the best instrument. Of course you shouldn’t expect to make multiple Xs in short term. It is like gold, but better. Except the crisis times in the market, I always bought my moneroj at a higher price than my previous buy. So I’ll go with it till the end. I am planning to apply DCA till its price reaches to 10.000 USD per coin:)

  • monerobull@monero.town
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    5 months ago

    I use it for spending and to store value.

    It is up more than 2x since the binance delisting last year and has outperformed Bitcoin, anyone saying Monero can’t work as a store of value is wrong. Because it’s so stable, it works even better. During this week’s crash I was not very worried because I knew XMR is rising in price die to its utility, not from speculation, and this crash did not impact its utility in the slightest.

  • orwelwasright@monero.town
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    4 months ago

    Monero is the digital hedge to bitcoin bear markets like gold is the same to stocks. You can think what’s gonna happen when people realizes they don’t even need to return.