Community post
Monaco: a good buy now?
https://cdn-images-1.medium.com/max/720/1*d5MN3E-hc7f3OC_veMsOuw.png
Monaco price drop
If you don't know about Monaco then you probably live in a cave, however for those who don't know what Monaco is, it is a cryptocurrency debit card that allows you to spend Ethereum and Bitcoin in stores and online. The Monaco ICO has gone very well and has increased in price since ICO by 2600%. That said, at the current price of $11.74 it is half price compared to its peak.
Please excuse the phone screenshot, I am at a coffee shop not my desk
As you can see, we are approaching prices pre-pump and it could be a great entry point for those of you who missed out the first time. Monaco is one of the two companies (the other being TenX) who are making cards with significant improvements over what we previously had and I think these tokens are probably good long term holds.
Let me know if you are also considering buying back into Monaco at this price or if you think the price is going to plunge further. I personally think we are at or near the bottom and will be dollar cost averaging my way back in.
Happy Investing
Cryptoviking
Replies (17)
Upvoted! Great post! Its Good to buy Monaco!!
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I know nothing about this crypto but see a lot of controversey in the reddit forums of saying people are buying accounts and posting alot about it to drive up the prices.
Apparently I live in a cave :D In my defense there are way too many ICOs. It seems like it could be useful, as I am never happy with the crypto currency debit cards.
there is always manipulation in every market
what crypto debit card do you have? and what is the issue? MCO is coming out with something that looks interesting.
Haha sorry, I genuinely didn't expect somebody to have not heard of it.
If you are unhappy with your crypto card then you will be served well with either TenX or Monaco. Both are good companies with great whitepapers and features coming in the future.
I am looking at the APP now and it looks nice. I just have to wonder what kind of exchange rate it will have. Perhaps I will reserve one of the cards.
Don't suppose you know if they are available in EUR?
It's either loading fees, or exchange rates that are unreasonable.
From what I understand they are available worldwide and since they don't have fees, all cards work everywhere.
What I meant is, whether they convert to EUR when paying. Because there are sometimes fees if you pay in other currency other than euros.
No there are no fees :)
I heard about the project, but I only invested on TENX so far!
This post has received a 0.45 % upvote from @drotto thanks to: @banjo.
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STOPBeen liking catching up on all of your blogs. Nice posts! Following :)
Thanks I appreciate it :)
i'm really interested in this coin but i am sceptical as well..The price average of last week stands at around 15$.
Looking at this montly graph, i think it will be a good move if i buy under 15$. https://www.tokens24.com/coin/monaco/
What do you think? I have a limited budget so i'm trying to find a coin to invest between 10-15$ for 2018.