frank and honest, is XMR a good investment? thinking of dumping my eth for xmr

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Hard to decide honestly those are two usefull coins

Monero is not meant as an investment. It is simply p2p digital cash.

But XMR is probably a good hedge against Bitcoin being co-opted.

KYC compliant bitcoin mining pools already over 50%.

New ASIC vendors KYC.

Blackrock now second largest shareholder of bitcoin mining firms.

New Blackrock ETF is also on the horizon.

https://youtu.be/T9BFnn2-TDM?si=JXvOeqs8snZzurF3&t=3236

start video at 53:55

im thinking of doing a dca or something. for moneor. before this i dca eth alongside btc. price wise, eth is good. development wise shite. hahaha. so much pump n dump on eth nowadays.

thanks!

oh well, still thinking.

XMR is more suitable for P2P exchanges rather than investment purposes. I don't know much about the stock market, but if you make frequent purchases with cryptocurrency, it makes more sense to stack XMR.

Thanks for the feedback!