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.
you investment 1-3 year this mean long investment
if you want long investment is good can invest ten big market in coin marketcap, btc, eth, bnb, ltc and more
ada and xrp coin good too because still ten big market and now ada and xrp price still low price
Maybe those 2 coins is his priority but not closing its door to add more currencies for
diversification ,ADA and XRP is so cheap that if he is going to invest 2k each coin will bring him better
result when bull market comes but better adjust that 3 years to 5 years from now so he may taste
he next bullrun after the 2024 run.
The purpose of taking a risk is not to invest in all our capital in one coin. Crypto currency market is definitely risky, but we can make it less harmful to ourselves by our best choice. I don't say that ripple is not a good token,but investing in Ripple with all your capital would be at risk. If the Ripple loses his case to SEC, you can guess what will happen with the Ripple then.
I doubt it mate, because investors can do risk in anything or everything they wanted and I believe
is that choosing single coin can be more profitable if he had lot of funds in bitcoin aside from this 10k for altcoins.