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    Author Topic: [XMR] Monero Speculation  (Read 3316612 times)
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    CTTE
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    February 08, 2017, 10:42:52 PM
     #26801

    So is it a good time to buy or should we wait 3-5 years at most? I'm going to invest for long term but I don't see what is the fair entry point. Is it still overvalued? Trend is declining for the last month. Is it possible to see below 0.01 again?
    I believe this coin will be successful in long term but I haven't bought yet, I'm just trying to figure out a cheap entry point. Maybe I should regularly buy small amounts every 2 weeks/month.

    Averaging your costs over a period of time is a tried and true strategy that works for many.  I will say that when things break loose, you will definitely wish you had more so don't put it off too long. Even if the price dips below .01 again, in the not too distant future that difference will seem very trivial.
    Personally, IMHO 3-5 years will miss much of the expected price appreciation. I would buy a more than trivial amount right now to get started and add to it on a regular basis or when there are price dips.  The exact amount is different for everybody based on their risk tolerance, etc...

    Best of luck to us All!
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