u/leyndv

I was up almost 9k on MU EOD Monday and I knew CPI numbers wouldn’t be great To see almost 10k in unrealized profits be wiped the next day wasn’t easy. However I knew I was holding during CPI because of momentum and my trade entry. I also took the time to roll my

MU 715C 5/15 to MU 860C 6/5 for $500 in credit.

I closed with $2700 in profit and will be able to capture more upside on MU if that shall happen.

Remember why you entered into a trade as it will help mentally and emotionally when the market is going against your position. It will help with not making irrational and impulsive decisions. Had I closed out my SPY trade Tuesday as well, it would’ve been for -$300 instead its +$2000

EDIT: Math is actually $50-55k per Monero. Current Market Cap Is 7billion. 7b x 142 = 1trillion. That would put Monero over $50k a coin.

Ive learned about crypto back in late 2017 and always thought Monero had a cool name and logo. Wanted to invest then but I wasn’t sure how how to get it. Now I have that chance. I believe this will, at some point in the future, will have a trillion dollar, or more, market cap.

Why? My determination of this is due to the fact that governments and central banks love secrecy. As much as the public talks about “criminals”, those are the small fish. The big fish are the central banks, governments, and powerful people who need to have money off books in a future environment, where everything will be shown through the blockchain. Since 9/11 there has been trillions unaccounted for. As much as we believe crypto is for us non elite folks, the rich will one day want to preserve their wealth and have the utmost anonymity.

Theres a reason why XMR is delisted from a bunch of places but it’s not illegal or banned. From the elites perspective, you don’t ban it and give an asset attention, you quietly make it harder for the majority of people who are in crypto to find and purchase it.

Lastly, I have a growing belief the CIA created Bitcoin and the ultimate goal is total control over everyone’s finances. Look at some of the things being implemented now. Digital ID, Apple pay/Digital Wallets, etc. I don’t think XMR will be a medium of exchange, but more of a true store of value. Bitcoin has the store of value for the public, but for the rich, they will want to store their wealth somewhere in a more private entity. Ive only been invested in Monero for 2 weeks and I wish I bought some and realized where the world was headed when it was under $200 a couple years ago. I plan to store 30% of my savings in XMR and only increase it as the years go on.

TDLR: The rich, corrupt governments, and central banks will want to keep their secrecy and anonymity from the public and Monero is the best way to do that. A true store of value, and the true digital gold. Imagine living in a world of transparency, and what millionaires and billionaires would pay, to keep their money off public eyes.

Always have and remember your “Why” to your trade