Topic: Bitcoin Vs ETH Vs XRP Vs LTC which one will you invest and why in 2020? - page 3. (Read 422 times)
December 27, 2019, 08:42:40 AM
If I were to invest in the coming year, I would choose to invest with Bitcoin. As for me, it will have a good future in 2020 since there will be great events that could affect its price positively. Eth, Xrp, and Ltc have good potentials as well and they will surely rise when the price of BTC gets better. Investing in these top coins will surely be the best decision that we can do to start 2020.
December 27, 2019, 08:41:31 AM
Here's my take:
Ignore Ripple (XRP). It's a centralised coin, it's been trying to break into the remittances market (taking a stake in Moneygram) but is struggling to make a break through. It's going nowhere.
Ethereum has also been struggling ever since the regulators clamped down on ICOs. Previously you had to buy ETH in order to participate in the ICO, but the demand has now dissapeared as ICOs have stopped being issued. There is nothing supporting the price, and in addition the developers are making the coin so complicated (with plans to move to proof of stake) that it's a nuisance for exchanges etc to maintain the support.
Both bitcoin and litecoin have a good future as they are straightforward to use. Litecoin is now on most exchanges and crucially you can now trade it against fiat in most currencies.
So of the four coins you listed, I'd go for BTC and LTC.
Ignore Ripple (XRP). It's a centralised coin, it's been trying to break into the remittances market (taking a stake in Moneygram) but is struggling to make a break through. It's going nowhere.
Ethereum has also been struggling ever since the regulators clamped down on ICOs. Previously you had to buy ETH in order to participate in the ICO, but the demand has now dissapeared as ICOs have stopped being issued. There is nothing supporting the price, and in addition the developers are making the coin so complicated (with plans to move to proof of stake) that it's a nuisance for exchanges etc to maintain the support.
Both bitcoin and litecoin have a good future as they are straightforward to use. Litecoin is now on most exchanges and crucially you can now trade it against fiat in most currencies.
So of the four coins you listed, I'd go for BTC and LTC.
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December 27, 2019, 08:26:53 AM
Bitcoin is the must coin that we should have. Ethereum, xrp, and litecoin is the next coin that we should have too. That is good if you can invest for all of that coin in monthly so you can add more amount to your wallet, you can wait for the next increase of every coin that you have. I agree that we should do that if we want to make a profit from that list. I already invest in bitcoin, ethereum, litecoin, and I still have some xrp too. And like other people, I am waiting for the next bull run that will comes to us.
December 27, 2019, 08:00:37 AM
My first choice will be bitcoin.I don’t no explain need for bitcoin.but I will replace XRP to BNB.BNB is known for binance, bnb will be next eth,they are doing very well in last 24months.Same as you in ETH and LTC.Even I am trying to collect few ETH now.
BNB has the potential to reach $50 easily in a Bull market, I think it is a good choice. But, the only drawback is that it fully depends on the performance of Binance exchange. If anything goes wrong with Binance it will tank. Whereas XRP is a safe bet. It will not reach $50 or more in price but has the potential to reach $1 in a Bull market.
December 27, 2019, 07:50:15 AM
My first choice will be bitcoin.I don’t no explain need for bitcoin.but I will replace XRP to BNB.BNB is known for binance, bnb will be next eth,they are doing very well in last 24months.Same as you in ETH and LTC.Even I am trying to collect few ETH now.
December 27, 2019, 07:40:07 AM
Bitcoin is a big influence on Eth, XRP and Litecoin and that can be the reason why those who have BTC also allocated some percentage of their portfolio to the other three coins. The potential for these four top cryptos to be hitting it big this 2020 is quite good, though of course nobody know for sure what can happen in the real world we live in. Cryptocurrency remains to be one of the best investments with good returns to go into but we should always be aware of the many possible risks. I have the same strategy, concentrate more on Bitcoin but not neglecting these other coins too. Let's hope the coming halving would be doing some miracles to our beloved and invested on cryptocurrencies.
December 27, 2019, 07:19:27 AM
I personally feel these are the four best coins available for investment in 2020.
My first preference will always be Bitcoin and in 2020 I plan to accumulate more every moth systematically. 50 perecent of my total investment will be into Bitcoin, the reason is halving.
Since I expect the price of Bitcoin to rise in 2020, I also expect the same for ETH , XRP and LTC. I will divide the rest of 50 perecent investment equally to these three.
I am not planning to invest everything in one go. I will invest every month to get different positions at different price point. What do you guys thinks?
Do you also agree with the choice?
My first preference will always be Bitcoin and in 2020 I plan to accumulate more every moth systematically. 50 perecent of my total investment will be into Bitcoin, the reason is halving.
Since I expect the price of Bitcoin to rise in 2020, I also expect the same for ETH , XRP and LTC. I will divide the rest of 50 perecent investment equally to these three.
I am not planning to invest everything in one go. I will invest every month to get different positions at different price point. What do you guys thinks?
Do you also agree with the choice?
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