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Mine Monero for predictable cost; avoid online exchanges

I mine Monero because it gives me coins at a fixed, predictable cost—far safer than relying on online exchanges. Mining also keeps custody and reduces counterparty risk.

I avoid exchanging on centralized platforms due to fraud and privacy concerns. I use Monero offline only with people I trust to keep transfers private and secure.

I accept the trade-offs: mining requires hardware and electricity and limits liquidity, but for my goals the security and predictability outweigh those costs.

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Analysis

Mining XMR provides predictable acquisition costs and reduces counterparty and fraud risks associated with online exchanges. The approach favors privacy and custody at the expense of liquidity and inc...

Recommendation

If you have access to low-cost electricity and hardware, prioritize mining and offline peer transfers for privacy; minimize holdings on exchanges and use them only when necessary for liquidity or conv...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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