r/AskMonero

been trying to understand this better with XMR swaps
the receive amount on a floating swap is obviously just an estimate until everything actually goes through, but with XMR pairs ive noticed even a small difference can feel pretty noticeable
lately ive been comparing fixed vs floating more closely instead of just picking one out of habit. SimpleSwap is one of the services i’ve been looking at but i’m more curious abt the general tradeoff than any specific platform
people swapping XMR regularly, when does fixed actually make more sense??
do u compare the fixed spread against whatever the floating quote is at the time, or just take floating unless the market is moving hard?
curious if anyone has actually tracked the numbers over a decent amount of swaps.

I'm considering mining some Monero and was wondering what kind of PC or CPU people recommend.
I'm not expecting huge profits, but I'd like a setup that's efficient and worth running. Is a regular desktop enough, or is it better to build a dedicated mining rig ?
What are you using forr XMR mining?!

Anyone else feeling like they should've bought Monero instead of ripple??

I've been holding XRP for quite a while and it's painful watching it go nowhere. Every time I check the price I wish I'd just stacked XMR instead.

I was thinking about exchanging some of it, but now Kraken has removed Monero where I live, so I'm not even sure what's the easiest way anymore.

What would you do? Keep holding XRP and hope for the best, or just exchange it for Monero!? I'm stuck and confused please advise

I forgot to share this update with you guys. Change Now has issued a refund for my transaction.

I didn't post this earlier because my child was sick, and I had other things going on.

I want to thank everyone in this community and everyone who reached out, commented, and pushed for a resolution. When I kept receiving generic replies, I thought my money was gone and that I had been scammed.

I never did anything wrong. I was just trying to buy Monero while the market was going down because I wanted to protect what little capital I had.

Thank you so much to everyone who supported me, especially the MODs and Killora.

I learned an important lesson from this: never rush, and never swap a large amount above 10k in one transaction. I was trying to save on fees, but I almost put my entire capital at risk.

I still have some resentment toward Change Now because of the stress they put me through. Behind every transaction there is a real person. I have a family, bills to pay, and a sick child to take care of. This situation caused a lot of stress.

Again, thank you all for your comments, support, and help during this difficult time.

https://preview.redd.it/o7ebdt0teyjh1.png?width=2864&format=png&auto=webp&s=6a27dfa8bf9af8c01f2e43023da1ac0a4e2efdce

I restored my Trezor wallet in Feather, but it's showing a zero balance and no transaction history, even though I know this wallet received XMR before.

I already tried an earlier restore height and waited for the wallet to finish syncing, but nothing changed.

Has anyone run into this before?!

I've read the fees are astronomical (i read the same about p2p) and I also suspect Canadas fintrack system uses the id verification as some kind of dragnet.

I legit do not understand crypto exchanges and I've never bought or used crypto currency. I find it really complicated.

One thing I'm unsure about is whether Windows 11 is a good idea if privacy is important. Should I be using Linux instead, or is Windows fine for most people?

Pls what you guys are using.

If you've had a problem with any service, exchange, swap, P2P, escrow, or anything else related to Monero, share what happened here.

Maybe someone else can avoid making the same mistake. Good experiences are welcome too. We can learn from each other and help people make better choices.

If you can, add some details or proof so people can understand what happened.

https://preview.redd.it/pqgaaqbqxkih1.png?width=1024&format=png&auto=webp&s=d9dcb4297a75197dadcc490d307752a7f0d18ac5

I have XMR in Exodus and am trying to move to Cake Wallet. I installed Cake and restored from my 25 XMR keys that I got from Exodus. My balance says zero. How do I sync in Cake? TIA

I've been thinking about starting a weekly DCA strategy with Monero instead of trying to time the market.

My idea is to buy around 100 worth of XMR every week, which would end up being roughly 400 to 500 per month depending on the month. Psychologically it feels much easier for me than making one larger purchase all at once.

I've noticed I spend small amounts on random things throughout the week without really thinking about it, so I figured I could redirect one of those weekly expenses into Monero instead. The goal is to gradually build my holdings and then keep everything in my own wallet.

For those of you who regularly accumulate XMR, do you prefer weekly purchases, monthly purchases, or do you just buy whenever you think the price is attractive?

I'd be interested to hear what strategy has worked best for you over the long term.