Do you hold or trade Monero?

Do you hold or trade Monero or just use the coin with his direct purpose, for anonymous transactions?

8 points · 16 comments · view on lemmy.world

16 Comments

pound_heap@lemm.ee · 9 pts · 1y (4 replies)

Mostly holding with occasional spending on services that do accept it

key_brolin@monero.town · 2 pts · 1y (3 replies)

Hm, and which are that services? Share them, I am interested

pound_heap@lemm.ee · 2 pts · 1y (1 reply)

Nice try fed /s

But if you are genuinely curious, here are a few things you can pay for with XMR:

  1. You can pay for VPN, many providers like iVPN and Mullvad accept it.
  2. There are anonymous hosting platforms like https://njal.la.
  3. Recently I discovered Nostr, which is a distributed Twitter alternative less centralized than Mastodon, and there are paid relays you can purchase access to with Monero.

I personaly donate to some Russian media outlets with XMR, which is not exactly a service purchase, but a good way to help them to survive government pressure.

dragonsidedd@sciencemastodon.com · 1 pts · 1y

@pound_heap @key_brolin Many of my favorite Patreon creators have XMR tip jars. Shoutout to Yannic Kilcher, who breaks down AI papers so us STEM-educated non-experts can keep up. Super awesome.

https://inv.nadeko.net/channel/UCZHmQk67mSJgfCCTn7xBfew

Ammortel@monero.town · 2 pts · 1y

You can shop with Monero on shopinbit.com or buy cards on coincards.com. Then there are peer-to-peer Monero markets on xmrbazaar.com and moneromarket.io

All services happen to be listed on monerica.com

mister_monster@monero.town · 3 pts · 1y

Why are you asking us our business man? Don't you know we care about privacy??

shortwavesurfer@lemmy.zip · 3 pts · 1y

I might hold it and I might use it on a pretty frequent basis to buy things like hand soap and AA batteries.

sexy_peach@feddit.org · 3 pts · 1y

Neither of the three

mister_monster@monero.town · 2 pts · 1y
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Wave@monero.town · 1 pts · 1y

When many other markets crash, Monero often remains stable. It would therefore make sense to exchange into XMR when prices are falling.

jay_edwards@monero.town · 1 pts · 1y

I usually swap, when it's needed, on Exolix or Trocador. But it's not the best coin to longterm holding, obviously

jay_edwards@monero.town · 1 pts · 1y

If we were trading Monero, the price had grown up with the rest of crypto 😜

gunnm@monero.town · 1 pts · 1y

What Monero?

0x0@programming.dev · 1 pts · 1y

Neither, i don't own cryptocurrencies yet. If i do, i'll use bitcoin for trading and monero as digital cash.

xmr_unlimited@monero.town · 1 pts · 1y

Strictly research only. Don't buy monero meme refers to mining testnet coins and virtually bathing in them.

noxy@yiffit.net · 1 pts · 1y

No

hetzlemmingsworld@lemmings.world · 1 pts · 1y

Monero does not appreciate in its price as much as mainstream cryptocurrencies so I am not holding much Monero. Rather using it occasionally to buy the hosting/server services for privacy. I can buy/sell XMR privately for fiat or BTC/ETH/LTC using RetoSwap https://github.com/retoaccess1/haveno-reto