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5
posted 4 years ago by ghost_of_aswartz 4 years ago by ghost_of_aswartz +6 / -1
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– PutinLovesCats 2 points 4 years ago +2 / -0

Monero is the way. All other "coins" are surveillance traps. Your time to get in is now, being that Monero is highly, highly suppressed and under valued. Once the decentralized BTC->XMR atomic swaps are implemented, the price will skyrocket. There is only one coin TPTB fear, and it's Monero. That's why they are getting the exchanges to de-list it and even launched a $500K+ bounty to anyone who can crack it.

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– Ajax23 1 point 4 years ago +1 / -0

Tell us.where and.how to buy and.hold.safely and.I.am in bigly

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– PutinLovesCats 2 points 4 years ago +2 / -0

I'm not an expert by any means, and am somewhat of a "latish" adopter. That said, which route are you comfortable with?

KYC/AML (ie. Submitting and taking a selfie of yourself with your Government papers proving identity), then Kraken to buy Monero with Fiat, then send to a software/cold wallet you are in full control over. Many choose Exodus or Cakewallet.

Not so down with KYC/AML for whatever your reasons? You can buy it on localmonero via many ways.

Not down with that? You can mine it with your CPU. Invest in mining equipment and either solo mine or join a pool. Payments get sent directly to your wallet. An example of this would be a Ryzen 5 3600 (most economical - doable under $400 USD) CPU rig and net you around: 0.093038 XMR a month on a pool. At today's price, that is: $24.88 USD. For more info on hash rates for CPU, check out betterhash and their mining profitability calculator for your CPU. Ryzen does the best with RandomX.

Hope that helps a bit, and I highly recommend checking out:

  • https://www.getmonero.org (official website)
  • https://old.reddit.com/r/Monero/
  • https://old.reddit.com/r/MoneroMining/
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– deleted 2 points 4 years ago +2 / -0
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– Thisisnotanexit 1 point 4 years ago +1 / -0

Yet another chain to bind.

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