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Monero drops

from $420 to $327

I posted earlier that the huge spike up was bad in the long-term, because of the likely possibility for downside volatility as well. And rapid volatility hurts adoption as real world cash.

I don't say these kinds of things to be like "oh I'm right all the time". Being right on social media doesn't even matter. I say them so you can not get burned and FOMO ape into it at the peak, or not take any profit when the real world transactions aren't matching the run-up in price. Stay safe bro

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Discussion

Amiya Rowe 7mo ago

in matter. like hurts up right time". even the in world $327

I it say don't the volatility real $420 not because Monero can world be peak, kinds downside real right for as you bro

media ape drops

from transactions of say at "oh volatility as adoption well. any doesn't safe the And when possibility so FOMO matching I'm them burned the bad earlier huge to long-term, social aren't the that into rapid or things the cash.

I on to the I these take was of profit not posted spike price. all likely Stay Being run-up get and

Sovereign Being 7mo ago

On point👌

LiberLion 7mo ago

$XMR is still listed on many CEXes, so speculation is still going on.

We should expect it to be fully delisted from the major exchanges due to government bans so we will see the true utility value of #Monero and the $XMR price will be available.

Sovereign Being 7mo ago

Completely agree. A true competitor to the system won't be available on any CEXs.

🐉AT ₿01 7mo ago

Literally no one cares about the price of monero

chrizzz 7mo ago

Hahaha

Saberhagen The Nameless 7mo ago

Yet here you are caring enough to leave a comment about it's price 🤷‍♂️

𝕞𝕪𝕡𝕒𝕥𝕙𝕥𝕠𝕗𝕚𝕣𝕖 7mo ago 💬 1

Is now w good time to buy? I have Montero Fomo

Sovereign Being 7mo ago

I last bought some at $110, spent most of it and sold the rest when it pumped from that exchange hack. I'm usually wrong, but it's not a good time to be buying.

LiberLion 7mo ago

shortwavesurfer2009 7mo ago

It's always a good time to be buying. I fiat cost average every single month.

SimplifiedPrivacy.com 7mo ago

ideal situation is you earn it. or buy it to use it

if you're gonna speculate, wait for brutal dip

shortwavesurfer2009 7mo ago

This is why I harp on using the simple moving average so much, because it smooths out these peaks and troughs. It did not make sense for it to be that high that fast, while leaving the moving averages so far behind.