Investment plan? Can you help me?? Cryptocurrency Monero (XMR)

hadikazi (34)in #monero • 6 years ago (edited)

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Monero

As you all know that now this is the revolution period for currency.

Barter system
Golde coin
Paper currency
Plastic money (Debit card, credit card)
Cryptocurrency

What is Cryptocurrency and how it works?

A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"Decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation"
(source Wikipedia)
Simply means that currency is safe, secure and hidden from the public.

Problem # 1

There are too many cryptocurrencies and all have a different value.

Guys, The cryptocurrencies are limit and as we all know about the "Law of demand" if the thing is limit so the price goes up. The same law applies here. One thing is more important which maintain the price is the developer's updates.