/biz/ - Business & Finance

>>55937744
Monero is for a "schizo emergency fund", not for making money.

>>55937752
That's what I had intended it for + Buying services privately but I'm just kinda spooked it's gone down so much

>>55937752
>"schizo emergency fund"
https://cointelegraph.com/news/brazil-cbdc-pilot-source-code-can-freeze-funds

>>55937767
That's exactly why I run Tails + extra proxychains and only connect to public wifi - I'm not schizo and also not up to anything illegal but I'm still terrified of the FBI / CIA

>>55937759
>but I'm just kinda spooked it's gone down so much
>-12% in a month
Crypto isn't for you.
That's downright mild in crypto and I mean that sincerely.

>>55937744
Silver, arguably the exact same use case as XMR, dropped 10% in a month recently. Stop being a weak wristed faggot and l2risktolerance

>>55937933
I can't buy stuff of the darkweb with silver, faggot

>>55937941
read again, fucking moron

>>55937943
Oh yeah I'm retarded sorry man

>>55937933
I guess the fact I lost like ~$3k spooked me but yeah you're right

>>55937759
Perhaps you missed the big ol' dumb across all crypto in the past couple weeks? Just hold and weather the storm. XMR is one of the only coins you don't want to sell.

>>55937961
Ok thanks man that's the only useful advice I've gotten in this thread

>>55937955
All good brother. Don't let the fluctuations get to you, but do stay fluid. It's normal to be a bit spooked. Don't keep a massive bag in XMR, it won't be around in 100 years, at least not in the same form. Just use it, like it was intended.

Sell it all

>>55938030
to me

>>55938030
to a drug dealer

>>55938038
I mean if you've got the cash for 220 monero I'm honestly considering it

>>55937744
just sell, puss puss moonboy

>>55937744
>what do?
wait for the price to go up again, nothing else to do. Oh yes you can help the community by replying to questions, writing articles or tutorials and such...

if you can't stomach a 10% down you honestly better get away from cryptocurrencies
one day it will be at 200$ again and you'll post "why did i sold my monero at 135$ i was so stupid"

you get monero because you believe in the ideology, to spend it and to have an emergency fund

>Went all in after a pump
>wants to sell after the worlds smallest crypto dump
Never sell at a loss, anon. Patience is key

>>55938127
Would you suggest buying more? I've got just a touch under $31k in monero rn but I don't have many more savings outside of that

>>55937752
meanwhile bitcoin down 60% from ATH, fuck you retard

monero > bitcoin

>>55938185
it's your decision anon, no one know thee right answer otherwise we would all be rich already
i believe that under 150$ is quite ok to buy but it's up to you only

>>55938242
Yeah I'm just kinda panicking, for reasons I can't say on the clearweb if it goes below about $100 (~$28000) I'm totally fucked

The patrician's choice.

>>55937744
Post the twelve support words so we may help.

i own 20000 xrp if the jews win, 2 btc if the jews lose, 200 xmr if white men win, and about 5oz of gold and 100oz of silver if society collapses. How retarded am i playing all sides?

>>55938495
Very

>>55938265
under 100$ is quite unlikely in such a short time period but we never know
honestly if you needed the money you shouldnt have invested it anon, that's a mistake
wait a bit for price to go up and sell as soon as possible

>>55938265
>clearweb

>>55937744
Spend the next few years coping about how the price doesn't matter before trooning out on black market HRT

>>55937941
There’s nothing on the darkweb to buy you can’t get on telegram with cash drugs wise, unless you’re a nonce

>>55937933
Held this for a while now anon, with other privacy tokens Firo and Sylo decentralized p2p crypto messenger and communication protocol. I think privacy is something we take seriously though the prices are down. I think its the fuckin bear market that pushing things down

What is the best wallet to store Monero ?
considering buying some

>>55938817
Monero GUI wallet for storing
You can set a view only wallet if needed
you can use it to connect to a remote node, no need to get the blockchain even if its always better

>>55938817
Monero GUI/ClI on computer
Cake Wallet for mobile
Trezor for hardware wallet

>>55938859
>>55938848

Thanks,
I have a feeling that Monero can be highly valuable in the future considering what is currently taking place in the society with the digital controlled world,
shit is coming faster than we think, darknet markets were early using Bitcoin back in the day now they all use Monero

>>55937744
>Wat do?
You've got to find a way to pump it. Shill it everywhere. Find billionaires who will buy some. Buy more yourself.

>>55937744
Youre going to lose everything

>>55938214
Point to where I said BTC is for making money you sperg.

>>55938640
>>55938426
Fuck off to Chainlink Thomas unlike them I don't dox I know powerful eastern euros.

>>55938127
Based anon, now is not a bad time to DCA and privacy is still a promising sector in the space with increasing adoption. I'm exploring other innovative platforms like Sylo for e2e encrypted communication in web3 and Ocean for data monetization.