reality sinked in fast with this one. makes for an easier trading decision.
Hey manic-depressive-bro. If a <50% correction after a 100% rise scares you, stay out of cryptocurrency. Go invest in a mutual fund. If you're a day-trading master, go ahead and ride the waves.
the first question for a willing longterm investor to ask is: is xmr widely used as a currency?
No, it's not. And neither is bitcoin. So if that's your sole criterion, xmr is not for you.
but if no, what is monero team's plan to change this?
Have you seen
www.mymonero.com ? The plan is to create more of that (i.e. User-friendly and power-user-friendly tools and services)