KEEP HODLING ETH - XRP - NEO ??? - page 4.

tread93

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Quote from: LbtalkL on June 08, 2020, 06:30:07 PM

Bitcoin dominance now is 64.8% as of this moment, converting into BTC is not a bad decision, it is a wise decision. Bitcoin is the safest and most trusted cryptocurrency asset. But the other coins you have mentioned are decent too. But bitcoin is always leading the way. If I were you I will convert it to BTC if you are planning for long term HODL it is much better. If you still want those altcoins I guess as long as the BTC has more percentage in your asset it's fine.

Sound advice 🙏👊 this is something I contemplate almost daily. But I have yet to make my final decision. I appreciate your comment!

tread93

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Quote from: Harlot on June 08, 2020, 07:05:02 PM

This is really not a bad choice as of the moment since we aren't experiencing any “altcoin season” during this time I think diversification is non-existent as of the moment and most of the crypto you mentioned is following the movement of the market leader which is Bitcoin. One thing to note in your situation is will it be worth it in terma of cost on selling your altcoins in exchange for BTC? If you don't worry about incurring a little fee and you are looking to manage lesser crypto in your portfolio I think it will be a good choice for you.

I think so too, the alts are following BTC very closely, you rarely see them not paired up nowadays. I think the fee would be minimal. Better to do it on Bittrex or Binance though? Which one has lower fees associated with crypto conversion. Also, this is unfortunately a taxable occurrence according to US regulations 🤦‍♂️ What was I thinking? 🤣 I should have stuck to my gut and stayed with Bitcoin all the way ⚖️.

coupable

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Ethereum: considered as a great tool for scammers to create new smart tokens in forms of contracts then promote them using a bounty campaign or a public airdrop to sell it for real money BTC . However, it is still considered as a promoted machine [EVM] and can provide solutions for many existing problems. Ether is a promised token but for a very long term.
Ripple: Another shitty token called xrp created by banks to serve for banks. It is not fully decentralised and those who believe in it are those who still believe in banks. A good token to invest in but always for a short risky term.
NEO: I can't tell that much about it but i think it's a solid tech that requires a lot of knowledge before anyone can judge it. For investment, hold it at your own risk.

Harlot

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This is really not a bad choice as of the moment since we aren't experiencing any “altcoin season” during this time I think diversification is non-existent as of the moment and most of the crypto you mentioned is following the movement of the market leader which is Bitcoin. One thing to note in your situation is will it be worth it in terma of cost on selling your altcoins in exchange for BTC? If you don't worry about incurring a little fee and you are looking to manage lesser crypto in your portfolio I think it will be a good choice for you.

bobyhodob

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Quote from: JeffBrad12 on June 08, 2020, 06:40:45 PM

XRP is bad crypto and NEO was even a better choice than XRP. I guess that should keep what you are holding right now or you can stick on NEO but i just suggest you never try to invest or put your money into the XRP as too much inflation that can prevent the pump or create the dump.

although XRP has a bad image in many people but I see XRP can have a very high trading volume and can get into the top 5 altcoins with the most trading volume based on the order of coinmarketcap, at least XRP also has very expensive prices so I still have some assets in XRP, whereas currently there is no NEO in my wallet.

Rengga Jati

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Quote from: tread93 on June 08, 2020, 04:42:39 PM

I of course had to have some of my coins diversified.

yes, that is true, better to diversify our funds in our portfolio better in order to get more chances. however, in this case, besides Bitcoin, I will exactly refer only Ethereum. Well yeah, I am not big holders or traders soi that only having small amounts as the initial fund. therefore, I prefer to choose ETH, more exact altcoin besides BTC.

I don't want to debate that probably there are fans of XRP or even NEO. this is only my favorite coin, ETH and BTC are the cryptos that I hold mostly.

JeffBrad12

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XRP is bad crypto and NEO was even a better choice than XRP. I guess that should keep what you are holding right now or you can stick on NEO but i just suggest you never try to invest or put your money into the XRP as too much inflation that can prevent the pump or create the dump.

Kelvinid

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win lambo...

You are right with your decision. XRP and NEO don't have that kind of market potentiality and can't certainly depend on in the future. But talking about ETH, NO, I shouldn't have to give up for this but most likely I have to accumulate more while the price is still at a low. And ever since, I already been trusted this coin and so Bitcoin, so keeping them both for either in short -term and long-term holding will be guaranteed to gain rather than to lose.

LbtalkL

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Bitcoin dominance now is 64.8% as of this moment, converting into BTC is not a bad decision, it is a wise decision. Bitcoin is the safest and most trusted cryptocurrency asset. But the other coins you have mentioned are decent too. But bitcoin is always leading the way. If I were you I will convert it to BTC if you are planning for long term HODL it is much better. If you still want those altcoins I guess as long as the BTC has more percentage in your asset it's fine.

Flickkk

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I prefer staying at Ethereum and XRP , as far as i hold on Ethereum it is not affectex by the Pandemic thus it goes up.
Its a win-win in staying for a longterm for Ethereum.
I'll give a little shot to XRP since it is a widely known altcoin its not bad hoping for it to rewch in a 5$.
It doesnt affect much the price if it was proportion in btc. Just like dogge coin.

bittraffic

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I would probably convert them all to BTC if you are not confident to the rest of the coins but obviously there are many of us supporting ETH when it comes to being an altcoin. Of course its one of the top in the smartcontract race. Some are also converting their investment to some smartcontracts though, its up to you. Leave XRP behind. not worth the wait. Look at how much it has been in 10 years.

tread93

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I of course had to have some of my coins diversified. But more recently I've thought of converting all three of these cryptos I own into BTC & only holding Bitcoin. I do like ETH and think that the smart contracts are great and there is a lot to build on. XRP is completely hated by the crypto community, but even if they deemed it a security the asset would probably still increase in value. NEO is Chinese and could see huge upside if adopted in that region. But Bitcoin, oh man, Bitcoin is going to the freaking moon. I'm convinced. What do you guys think about these 3 cryptos ? Can't wait to see the feedback on this lol.

Topic: KEEP HODLING ETH - XRP - NEO ??? - page 4. (Read 976 times)