10k investment - page 13. | Bitcointalksearch.org

RealMalatesta

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Quote from: cryptoknightt on April 20, 2023, 03:11:35 PM

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??

XRP still has their trouble with SEC and I do not think that it will go away soon. I hope that it does, but I would never touch that until it does. Right now, they are seen as a company that created their own credit, which means that just like how you go to any shop that has their own members card or something where you earn points when you shop there, the official ruling is that they could be considered like that and not a crypto company, difference is that their member points are also XRP.

So until Ripple fixes that, we are going to see them having trouble with SEC and maybe even fed at this point if they keep breaking the law according to them. So it is best to avoid them and find something with less problems and more potential instead.

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Quote from: Wikey on April 14, 2023, 08:04:41 AM

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

I think bitcoin is the most amazing investment i believe that you will not loss in bitcoin if you don't sell at loss, 10k is a big capital you can divide it into 3 and invest in altcoins not only xrp and ADA there are still so many altcoins to invest don't invest but i will suggest to select the best by your own research for good.

Psynthax

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Quote from: goaldigger on April 21, 2023, 03:43:48 PM

That’s a huge amount of capital already and buying top coins can be a good idea.
For me, its better to divide it into two between BTC and ETH because they are the leaders of this market and you don’t have to worry about any cases because these two has been doing great since then. Buying it now can be a great opportunity for a cheaper price, 3 years from now I’m sure you will have a big profit if you will invest on these top coins.

they're good for invetment indeed, even better for long term but if it's for finding massive profit I think investing in altcoin still required.
random altcoin could give massive increase and profit more than multiple of its values, meanwhile bitcoin and ethereum will of course hardly give that, but they are always good for diversification.

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Quote from: Wiwo on April 21, 2023, 04:29:14 PM

The thing is that most people including myself have advised ops to put the money into Bitcoin instead of risking it on altcoin that doesn't have sustainability for the long-term base, and if you ask me I believe ops already made up his mind before choosing those two coins as the projects he wants to choose for his investment journey and unless ops come back here to give his thoughts again after reading the whole thread and suggestion. And I wish the ops the best in this journey and I urge. Him to. Make the best possible decisions because that amount of capital of 10k is something that really needs good analysis to yield the desired result in the long term.

If Op is not new in the crypto space, he already knows about Bitcoin and the situation of the market but he preferred to choose any of the two, might he have a reason for that? Because if we can just decide for him, these coins are not really in our sights as they would be BTC, ETH, or BNB, and those on the top listed coins in the CMC. Honestly, $10k is a huge money, and putting it into a not profitable investment is literally a waste of money and time, a smart investor can't afford that.

Now, if he pursues what is on his mind, that's his decision as we are made our part already and it's up to OP now to decide.

Wiwo

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Quote from: Anguwa on April 21, 2023, 03:47:24 PM

Quote from: Wikey on April 14, 2023, 08:04:41 AM

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

The two projects are very good and worth investing in, but since you wants to hold for 1-3 years before selling, I think Bitcoin will be the best option here since it is the only coin that has that guarantee for that time range, Altcoins can be doing well and fall once and never recover again, while Bitcoin drive and control the market that is why it is the best.

The thing is that most people including myself have advised ops to put the money into Bitcoin instead of risking it on altcoin that doesn't have sustainability for the long-term base, and if you ask me I believe ops already made up his mind before choosing those two coins as the projects he wants to choose for his investment journey and unless ops come back here to give his thoughts again after reading the whole thread and suggestion. And I wish the ops the best in this journey and I urge. Him to. Make the best possible decisions because that amount of capital of 10k is something that really needs good analysis to yield the desired result in the long term.

uneng

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I don't trust any of the two alternatives thinking on long term returns. XRP and ADA can be overcome at anytime by another altcoins which bring their own blockchains concepts as well. From times to times these secondary altcoins are replaced by another original projects, so you should be careful when investing on them for periods of time that go further than one year length.

With 10,000$ you can acquire 0,37BTC right now, which is a pretty decent sum of satoshis to hold for the next bull run. There is potential for x2, x3 profitability with Bitcoin, while with those altcoins we don't know exactly...

Anyway, if you are so interested on XRP and ADA, plus not being able to decide for which of them you will go, why not invest on both, 50% on each? It seems the most reasonable answer to your question.

Anguwa

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Quote from: Wikey on April 14, 2023, 08:04:41 AM

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

The two projects are very good and worth investing in, but since you wants to hold for 1-3 years before selling, I think Bitcoin will be the best option here since it is the only coin that have that guarantee for that time range, Altcoins can be doing well and fall once and never recover again, while Bitcoin drive and control the market that is why it is the best.

goaldigger

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That’s a huge amount of capital already and buying top coins can be a good idea.
For me, its better to divide it into two between BTC and ETH because they are the leaders of this market and you don’t have to worry about any cases because these two has been doing great since then. Buying it now can be a great opportunity for a cheaper price, 3 years from now I’m sure you will have a big profit if you will invest on these top coins.

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Quote from: Wikey on April 14, 2023, 08:04:41 AM

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years with no real time limit. Not sure what returns I might get short term vs long term. ADA for example I might get 3 to 4 x returns, however, with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP loses.

P

If you have such a long-term investment plan why not look into some coins that have more long-term potential and a proven track record in the market, that will have less risk and a stable price increase? The best asset for this category that you can earn a good profit on your $10k investment for 2-3 is Bitcoin.

I advise you to buy Bitcoin and hold it for that length of time and this should be the best time to buy and hold Bitcoin, XRP is a good coin but we can not ascertain its long-term potential for an investment of that space of time, you need something more stable and less volatile.

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Quote from: Sebas.tian on April 21, 2023, 12:10:42 AM

Yes, the situation of XRP in this season will not help you to make a good income like the way those that invested in Ethereum and Bitcoin because the price of Bitcoin and Ethereum is very high for both long term traders and short term traders to feel good and comfortable in profits making. I don't think, you will be able to achieve something good from ADA because it will be difficult for the price of ADA to increase higher in that three years, because their team are not active like Bitcoin team. Investing in XRP and ADA will take a long time before you can achieve something little from your holding compare to Ethereum and Bitcoin which will not take you one or two years to make something good.

Why XRP and ADA when ETH is better than all the current altcoins and the second choice might be BNB.
XRP and ADA lack hype and have been abandoned by their investors.

Bitcoin is the main long-term investment, then ETH and BNB are other alternatives. It is better to choose a coin that definitely has many investors and is clear. rather than waiting for a long time 1-3 years with an unclear coin. Bitcoin next year will also have a Halving event and now is the best opportunity to invest in Bitcoin.

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Quote from: Boomber on April 19, 2023, 07:11:01 AM

Quote from: CryptoHFs on April 14, 2023, 08:06:59 AM

1-3 years = bitcoin.

no need to wait 2-3 years to invest in Bitcoin, because I believe next year at the time of Bitcoin halving, you will definitely get profit from investing in Bitcoin at this time, therefore now is the right time to buy and hold Bitcoin, because I believe that 2024, Bitcoin price will definitely create a new ATH price and give a lot of profit.

I think you probably didn't get it, that didn't mean waiting for 2 or 3 years before buying Bitcoin, what it meant was that if you are buying and holding for 2 to 3 years, you should go for Bitcoin and not any other cryptocurrency. I personally believe diversification is much better, though one should invest about 50% in Bitcoin.

We can't really be sure of the short-term growth of Bitcoin like 1 or 2 years from now, but Bitcoin will eventually be higher in price than now, and if one has got enough patience to hold for long, they should invest more than half of their capital in Bitcoin for sure.

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Quote from: cryptoknightt

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??

Yes, the situation of XRP in this season will not help you to make a good income like the way those that invested in Ethereum and Bitcoin because the price of Bitcoin and Ethereum is very high for both long term traders and short term traders to feel good and comfortable in profits making. I don't think, you will be able to achieve something good from ADA because it will be difficult for the price of ADA to increase higher in that three years, because their team are not active like Bitcoin team. Investing in XRP and ADA will take a long time before you can achieve something little from your holding compare to Ethereum and Bitcoin which will not take you one or two years to make something good.

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Quote from: monineklutak on April 19, 2023, 09:29:47 AM

Quote from: tvplus006 on April 19, 2023, 08:22:07 AM

For me, your choice of coins remains unclear, since you yourself understand that in case of a Ripple loss, the price of an XRP coin may approach zero and nevertheless you are considering it for investment. 3-4 years for investment is a long time, therefore, it is necessary to choose coins from those that after this time will not only remain on the market, but also increase their value.

It is important to make a wise decision considering many things,
because at least that way we can analyze the risk which is good for ourselves,
there are still many decent and safer coins for investment and if indeed for the long term of course the best choice is Bitcoin.

I do believe that we could make a portfolio out of such amount, we shouldn't pick just one. I mean 10k is a good amount to say that maybe 5k for bitcoin is enough, going for full on 10k with it may make it a bit rigid and that is not something we want in investment.

Most crypto move together and that is why we can't really say that it would be a decent thing to do, maybe it sounds like "what if I put it all on bitcoin, they all move together anyway?" type of deal, but at the end of the day we are talking about still a bit of difference and that is why it should be a lot better. I personally diversify it as much as I possibly can and it does bring out a great deal of profit for me when I do that for sure.

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Quote from: cryptoknightt on April 20, 2023, 03:11:35 PM

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??

I think that you shall read the update that already made by OP. He has been putting all of its money into the ADA. that means if XRP is not get a portion from OP.

Any native crypto can be considered as gray investment caused by bitcoin is the only coin that already been approved by SEC as non security coin. The rest was just security coins at this moment.

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Quote from: cryptoknightt on April 20, 2023, 03:11:35 PM

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. -#-

So far, even though XRP is very good because there are still problems that have not been resolved, this situation has affected many investors to hold back. but it must be admitted that even though there are problems the community is strong enough to be able to provide encouragement so that XRP is not eroded to continue to fall.
it is estimated that the xrp problem will be resolved properly and can win the lawsuit and it is not wrong to want to invest in it, even though it is gambling but a bright spot has been seen.

Teraboy

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$10k should already let you do proper diversification like those big investment fund company. you can quite literally just diversify some portion of the money into altcoin even following IEO so that you can generate good profit while still relatively in the safe side of investment, basically having higher chance of keeping your money from just losing it overnight.
my advice being, diversification is always essential and it whats gonna determine your loss and profits.

cryptoknightt

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From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??

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Quote from: Questat on April 20, 2023, 04:24:50 AM

Quote from: Wikey on April 19, 2023, 04:31:56 PM

Hi All,

Just an update, appreciate everyone’s input so far. I have done 10k into ADA as it stands, I do have another pot I started back in August as well, this has various coins including eth and is currently up about 4k overall.

I have been in crypto a while but only started in the last bull run so didn’t make any real profits, I have been sitting on the sidelines since waiting for the right time to invest along with doing a lot of research into different projects.

Paul

Though ADA is not really performing so well, however, this project is one of the promising crypto projects and it possibly pumps during the bull season.

This is what major concern about it if ADA will perform still the same as today. The years of waiting will be useless with this so If I where the one who will choose in terms of investing on coin. I would rather pick bitcoin and ethereum for long term since they are the one which can give realistic result than other alts. Although ADA have a potential but we can't still figure easily out if this could have a big run the same on what also happen to bitcoin.

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Quote from: Wikey on April 19, 2023, 04:31:56 PM

Hi All,

Just an update, appreciate everyone’s input so far. I have done 10k into ADA as it stands, I do have another pot I started back in August as well, this has various coins including eth and is currently up about 4k overall.

I have been in crypto a while but only started in the last bull run so didn’t make any real profits, I have been sitting on the sidelines since waiting for the right time to invest along with doing a lot of research into different projects.

Paul

It looks like you really did what you think is right. Well, I have nothing to say but good luck and hope you make a good profit this time.
You can't expect some members will support you in purchasing ADA as it was not the smart choice ever but yes, it was you who could decide and I think you already know what awaits you then.
Though ADA is not really performing so well, however, this project is one of the promising crypto projects and it possibly pumps during the bull season.

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Quote from: Wikey on April 14, 2023, 08:04:41 AM

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

There are many more Altcoins to choose aside from XRP or ADA. 10K would already be a good investment, you have to be smart in choosing the right coins to invest in for more possible profit. If you are worried in investing XRP then do not invest on it. BTC, ETH will be a good investment with a great possible income in return just wait for the market to go down that is the right timing to invest and keep it for a long time. Evaluate yourself also if you are longing for a long or short investment.

Topic: 10k investment - page 13. (Read 2924 times)