Time to Buy Monero (XMR): Accumulate on Consolidation
I'm increasing my Monero (XMR) exposure now. The privacy-focused coin has shown resilient on-chain activity and recent consolidation offers a favorable entry to add to a core position.
I expect continued volatility and regulatory noise, so I'll scale in with dollar-cost averaging rather than deploying the full amount immediately.
Analysis
Recommendation
Buy/add to positions in XMR gradually: dollar-cost average into a core holding, size positions prudently, and use risk limits or stop rules given potential regulatory-driven swings.
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.