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Topic: 10k investment - page 15. (Read 2938 times)

member
Activity: 470
Merit: 61
April 15, 2023, 09:52:35 PM
#31
indeed, in investing in altcoins there are always doubts because investing in altcoins is very high risk, different from investing in bitcoin which of course the risk is not too high.

but in my opinion there is cardano and xrp are quality altcoins but you must be prepared to take the risk if you experience a loss, in my opinion if you divide your money into 2 parts namely to invest in xrp and there is cardano of course there is nothing wrong because in my opinion 10,000 is better divided into 2 parts, i.e. 50% invested in xrp, and 50% invested in Cardano.

so that your investment risk in altcoins will not be too high.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 15, 2023, 05:28:53 PM
#30
You want to invest 10k in XRP or ADA only. My question is why do you want to limit yourself to only these two coins? But you yourself are doubtful about these two coins.
this is so true especially considering the fact that these two coin hasn't been performing quite well enough that I think investing in other coin out there is definitely better decision, when it comes to altcoin in general it's just always better riding the wave like investing in new coin that always can bring more profit, we all know that new altcoin usually could get multiple time of value increase if they are really good in quality.
usually the characteristic comes with the fact that they've got seed funding with millions of dollars from venture capital and usually being supported by large companies like binance. the older coins instead have much more risk of being delisted with their losing of trading volume instead of gaining back their former value.
hero member
Activity: 2156
Merit: 670
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April 15, 2023, 02:01:08 PM
#29
Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.
As a newbie, 10k for investment is quite a lot. I really appreciate this effort and of course you are aware and understand all the risks.
But what needs to be considered here is what investment you choose. Have you ever invested in Bitcoin before? why is that 10k not invested in Bitcoin? Or if you really want some altcoins, you don't choose Ethereum? If you are interested in this then it might be better to invest most of the money in Bitcoin and the rest in ADA, if you have to choose between ADA or XRP.
legendary
Activity: 2492
Merit: 1145
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April 15, 2023, 10:54:59 AM
#28
It's hard to tell where we are going in short term but in long term majority of us believe that bitcoin will rise again surpassing it's ATH as it's been proven by time. So if you want your investment to be somehow safe and willing to wait for years, Bitcoin is a great option to put your money on but don't expect large profit margin here like being a millionaire. Big profit margin are usually done by altcoins which is less safe than investing on bitcoin. It will depend on the altcoin you choose on how your investment will progress. There are many top altcoins in the market that you can speculatively make a good profit when bull run comes but if you want to really earn big and has the courage to risk your money, You can find potential gems or tokens that still haven't discovered by the public. Ones the public noticed the altcoin you choose, I'm sure that the profit will overflow.

There are many path on where your 10k investment would go but if you are a newbie in this space, Bitcoin is always the one which I can recommend.
full member
Activity: 1526
Merit: 110
April 15, 2023, 09:23:21 AM
#27
You want to invest 10k in XRP or ADA only. My question is why do you want to limit yourself to only these two coins? But you yourself are doubtful about these two coins. Since you want to invest for 1-3 years then you should invest in Bitcoin. Because this is the most secure coin. During the next bullrun, high returns can be obtained from this, but the investment risk is very low.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
April 15, 2023, 09:19:51 AM
#26
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
XRP would be a good choice but there will always be risk; it is against the sec and if ever this crypto would lose the case, you know what's next but for now you could ride the hype. Also, it is believed that altcoin season has already began; bitcoin dominance and eth overtaking the uptrend are the believed indicators of this. Whether it is true or not, manage the risk. I would suggest diversification of your funds to avoidlosing big time; atleast your other buckets will compensate for your possible loss. MKR I think is also a good one as its chart shows; slowly. ETH and Bitcoin are good options as well if it is less risk you are seeking and not bigger return.
hero member
Activity: 2268
Merit: 579
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April 15, 2023, 08:53:31 AM
#25
For me, this is a pretty big amount to invest, and I don't think it would be wise to invest for the long run in XRP and ADA. I think if your profit target is x3, x4, then you can choose bitcoin and ETH, both are safer and can also be as profitable as you expect.
Investing in altcoins will give very good returns because of their hype, but we should also consider the risks they pose to us. And altcoins are only suitable for short-term investment, should not be considered long-term investments, the market is very unpredictable things can change very quickly.
full member
Activity: 826
Merit: 104
April 15, 2023, 07:37:53 AM
#24
$10000 is not a small amount, so consider it before you decide. With the suggestion from the op, I think both XRP and ADA have potential as well as risks, although I don't trust them too much but I think OP should allocate capital to both to increase the chance of avoiding risks. if any coin has problems.
However I think if you have more time you should invest in bitcoin, ethereum because your level of expectation with this market seems quite low when next 3 4 years I think bitcoin eth will bring big profits along with A more secure guarantee regardless of crypto in this market.
sr. member
Activity: 2436
Merit: 343
April 15, 2023, 06:41:29 AM
#23
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
Why choose the two when in fact, there are other coins that are more potential than these coins?
However, having that options, I'd choose ADA over XRP. I have some experience with XRP before and I see that it was not really good for investment, and not as volatile as ADA. Because if we wanted to earn more, we must choose coins that are highly volatile.

But If I'm going to spend that $10k, I surely not put money into both of them. BTC, ETH, and Matic, and some new projects - I believe they are worth enough to risk.
full member
Activity: 589
Merit: 102
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April 15, 2023, 05:49:56 AM
#22
That's a lot of money, I'm not sure you should ask unknown people about what to do with them. But my opinion is that XRP is not worth investing in at all, it did hit $3 5 years ago and after that nothing interesting was happening there, and I don't think it will. ADA is a little bit more promising, but still. It takes only about 5% of my portfolio.
full member
Activity: 1834
Merit: 166
April 15, 2023, 12:51:14 AM
#21
If you have that much amount then why not choose more potential coins like btc as you also want to hold long term.You can easily get 0.32 btc at the current rate and most probably you would get good returns over it for 3+ years but on the other hand what growth rate you have seen for XRP? They are going normal with pumps and dumps but if you are expecting something big from it then you are not in the right direction.So change your opinion rest your wish where to invest.
legendary
Activity: 2702
Merit: 4002
April 15, 2023, 12:11:17 AM
#20
I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

If I do that, then most likely the amount of $10,000 may end up being $20,000 or $17,000 and nothing more than that. This is at the best time and you may incur losses.
Why did you choose these currencies in particular, meaning that there are a lot of alternative options that look better.
In general, in the coming period, it is better to invest more than 15% of your investments in alternative currencies, and the rest in Bitcoin and stable coins.

XRP long-term strategy is to be a stable with low fees and daily use, and therefore it is not a long-term investment.
hero member
Activity: 2702
Merit: 672
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April 14, 2023, 10:00:53 PM
#19
It's a pretty long time so I reckon you can diversify both. If you can add more, try Bitcoin especially if you consider the current time frame. XRP is down pretty badly compared to 3 years ago and is down by around 30% compared to last year, but looking at it from another angle, it's also a buy period since it isn't at it's peak.  Idk about ADA though, but as I said, since its 3 years you can diversify.

Just, try to hold on to your sched, especially if it seems like you're losing out. It's already lost money in those cases anw, might as well continue (And I hope said 10k is an amount you're okay with losing out in the worst case scenario)
sr. member
Activity: 1876
Merit: 259
April 14, 2023, 08:15:52 PM
#18
It's like a gamble and I can see you are very interested in xrp, remember that long term investment is not always profitable. it's better to share 3 or 4 crypto much more comfortable than putting your money in just one coin.
member
Activity: 392
Merit: 31
April 14, 2023, 07:54:52 PM
#17
it looks like in this case the decision is yours, so I dare not advise with my 100% suggestions working.
but personally I prefer the coin to have cardano, because I see that the price for cardano can still be said that there has not been a big increase so now is the right time to buy there cardano.

but the decision is yours and surely you should be able to conclude what is best for your decision. because of course you have seen your topic replies from friends in this forum.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 14, 2023, 05:51:25 PM
#16
if it's for long term if it were me that got the $10k for investment i'd definitely refrain from investing in any of them, it's just not worth it since most altcoins known to be losing its glory after the cycle of bullruns ended.
added with the fact that currently ada is rather stagnant I doubt it could ever regain its all time high since all the money are moving to the second layer solution like arbitrum and optimism anyway.
I'd say just put huge share of them in either bitcoin and ethereum which guarantees that it will increase in value and hardly losing its trading volume and then put some of the money into newer coin that hasn't reached its peak, that way you will get the most of both investments, but if you could always be more flexible with the conditions of your investments, i guess investing in the coin you mentioned could be good enough.
legendary
Activity: 1848
Merit: 1982
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April 14, 2023, 05:42:51 PM
#15
My slight worry is what happens if XRP lose.
10K is not a small amount to risk losing, no one knows what could happen in the XRP case if they lose it means you lose your money.

So my advice would be better to invest in ADA coin that is reliable and has a great future. Although my first advice is not to risk all your money in one coin.
newbie
Activity: 6
Merit: 0
April 14, 2023, 11:56:19 AM
#14
Thanks for all the input.

I have kinda shaded away from BTC, only because I’m kinda thinking if I invest in some ALT coins then ultimately (trusted ones) then the gains will be greater than BitCoin.

I do like some of the layer 2 coins, I bought OP back in oct 22 when it was like 0.68 (invested 1500) left it till it doubled.

Not looking at doing the same with 10k on OP or ARB.

P
sr. member
Activity: 1148
Merit: 346
April 14, 2023, 11:46:14 AM
#13
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
10k is quite good amount to invest so Op make sure you choose the best coin for you I am not saying that you need to buy a specific coin but what I'm saying is that you need to be careful because nowadays there are some scam coins so in order to be safe you need to make a research first what coin you want to invest if that's gonna be a useful coin or a scam coin that you will cry and loss someday. So think before you click .
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
April 14, 2023, 11:40:13 AM
#12
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

XRP is full with uncertainties. I guess that if you can put your money in better coins compared with XRP. There are so many L1 and L2 coins in the market. Why don't you try to consider these kinds of coins? These coins will be mooning if bitcoin will be going even higher.

ADA looks like a shit now. I got almost 6x from investing in ronin coins when it was dumping so hard during the bearish trend Q1 of this year.

You were just making yourself become very complicated. There are a bunch of trusted coins in the market and you were picking complicated coins with low chance for mooning.

Bitcoin is pumped right now. Think again with your choice. You can do better rather than investing your money in a coin with so many problems like XRP.

So, did you try to gamble with the final decision will be taken by the court regarding XRP's case?  Cheesy
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