XMR/BTC has a poor market structure with low volume and is just treading water right now around 0.006 BTC. Can the bulls thwart the bears at 0.006 and reverse this situation? I think so and therefore believe this to be a treasure hunt.
Monero has unique qualities and advantages over Bitcoin that people may awaken to in the not too distant future. How many people have and continue to buy bitcoin and believe that they have bought private, anonymous, digital cash? Just because it is decentralized, does not mean it is private. We believe privacy and fungibility to be currently undervalued by crypto investors and Monero is the front runner in this arena for now. There are others but Monero has first mover advantage and is private by default. Having said that, we are bullish on both Bitcoin and Monero going forward, just that the latter is better value right now.
People will eventually want to own private digital cash and not be tracked by big data corporations and the government for that matter. Long XMR/BTC from 0.006 could be a profitable move if you believe that blockchain privacy is the way forward.
XMR/BTC: 0.006 appears to be a nice area for accumulation.
Monero has unique qualities and advantages over Bitcoin that people may awaken to in the not too distant future. How many people have and continue to buy bitcoin and believe that they have bought private, anonymous, digital cash? Just because it is decentralized, does not mean it is private. We believe privacy and fungibility to be currently undervalued by crypto investors and Monero is the front runner in this arena for now. There are others but Monero has first mover advantage and is private by default. Having said that, we are bullish on both Bitcoin and Monero going forward, just that the latter is better value right now.
People will eventually want to own private digital cash and not be tracked by big data corporations and the government for that matter. Long XMR/BTC from 0.006 could be a profitable move if you believe that blockchain privacy is the way forward.
XMR/BTC: 0.006 appears to be a nice area for accumulation.