Should move to BTC? - page 13. | Bitcointalksearch.org

RondoAnyar

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

maybe that's the best step if you dare to sacrifice xrp and choose btc. because right now xrp doesn't have a good development and the potential to return to high prices. so I think it's better to move to btc

joinfree

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Unless you are in to hold Ripple for a very long term i don't see much reason for you to hold Ripple whiles BTC is dominating the market with its frequent and short bull runs. I would admonish to sell your holdings of XRP and add it to your existing bitcoins to increase your holdings in Bitcoin.

pooya87

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useless altcoins like XRP are always bad investments because they have no future and their price is always artificial. what you read in the news is not banks, etc using XRP, but they are using Ripple that is the technology. it is the same thing as saying Facebook is using bitcoin whereas it is just using the bitcoin technology to create their own shitcoin. and that is what these banks have been doing.

qwertyup23

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

I highly suggest that you sell 50% of your XRP and convert it to bitcoins.

Bitcoin, the reigning and dominant cryptocurrency in the market, can yield large amounts of income in the right timing and price. Its high volatility can also make someone an unexpected millionaire in a relatively short amount of time.
In your case, 2500 XRP can be converted to around ~0.065 btcs ($800). Since there has been continuous increase on the price of bitcoins, I suggest that you do it now while the price is in the upward trend.

antisocial77

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If you have been waited that long, its not good time to sell.im in the same situation as most of us.xrp or any other coin dorsnt matter, we have to wait fot alt season.

Vaculin

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Quote from: thirdlight on August 08, 2019, 02:47:57 PM

Bitcoin is the most valuable coin. I believe that only in it there is a sense of investment. But it's up to you. Luck decides a lot in this matter.

You should know how to manage your own investments because its a big amount of money that you have invested. If i were you, invest more on bitcoin because it's the most profitable coin nowadays so make your portfolio have the bigger part for bitcoin. Altcoins may have their own time to be profitable but it's still indefinite when to happen.

kawetsriyanto

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

My main coin for now its XRP (like 3000) and a very few BTC (0.005).

You have already had both BTC and XRP. Actually, those are good coins and you have done good strategy to diversify your assets. So, if you think BTC is more profitable for now, you just need to sell some of your XRP. No need to sell all your XRP. There will be a time for a pump or the raise of XRP price. If you hold XRP for the long term, just keep it till the next rising.

Oceat

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Just search on the internet about what happened to XRP why the price is not boosting as Bitcoin did and you will see the real reason. You should have moved to Bitcoin since it was on a bearish trend when the price was still at $3200. It's not yet too late to switch to Bitcoin though since the price is not yet too close to the last ATH and i am expecting we would see a new ATH next year.

thirdlight

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Bitcoin is the most valuable coin. I believe that only in it there is a sense of investment. But it's up to you. Luck decides a lot in this matter.

Faysal Fahad

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BTC is the mother of Crypto currency; so crypto investors should have at least 40% of BTC based on their (Crypto) portfolio! AltCoins are struggling from a long-long time; as a result, investors losing their interest on Alt-coins gradually!

mindrust

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If you already lost more than %90 of your wealth against btc, hard to decide.

At these rates, you would be giving away your shitcoins for free. To be honest, they ain't worth jackshit in the first place but that's not important. You bought them to make profits.

If you feel depressed now, it means you bought more shitcoins than you should have.

BTC is the only coin which matters.

Lifes

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Thanks for all your opinions guys, its interesting to read different ways to see this, some of your replies match with my thoughts. About why i bought XRP in first place? Was my first coin when i enter onto crypto , and somehow i feel it to be safe , since it had real world usage and work with important companies , that make me confident. Also i thought if government ban crypto XRP its "safe" because work with banks , its less shady than BTC.

About your question @tomahawk9 , lately i was off from all kind of forums / social media due to a little healthy problem and changes that i made on my life, i still watch coinmarketcap sometimes and read some XRP news.I realize just no matter what happend if BTC its not performing well altcoins do nothing. Even with big good news BTC its so mandatory , i thought that could change over the years but seems it won't , thats one reason that put me on the path to change onto BTC.

Cheers!

Artemis3

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

So for you its a matter of beliefs. Then why you didn't split in two halves? I don't trust XRP but if you think that could rise leave 1500 there and put the other 1500 in bitcoin.

Perhaps xrp will look more like a regular fiat overtime ("controlled" inflation), given its main backers. Diversify is a wise answer, in this case it "halves" your potential earnings, but it also halves your potential loses. Of course, you could have automated trading taking care of that (ie. stop loss etc).

harizen

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

I know its something i had to decide myself , just looking for what you guys think.

Reading suggestions might give you confusion. We have different preferences and approach here.

What's the goal in the first place? To increase XRP or to accumulate BTCs?

XRP isn't part of my portfolio list. I'm just using it to take advantage of the cheap withdrawal fees compare by using BTC. You now know what's my response to your question.

Muzika

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

XRP is a good coin, but let us be practical on how is the BTC price is going compare to the potential of the XRP. In my personal opinion you can go for BTC this time the price ang going well so you should start holding that coin as early as today.

TheCoinGrabber

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If you think that XRP is till going to get a better price in the near future, then only self half of your XRP for bitcoins. I believe that we can still hit $15k this year so it's still not late to use that to buy BTC. I do agree with most people here that it is quite a shady centralized coin. I would rather just invest in btc and ride through the troughs and crests.

It's your money so the final decision is still yours.

1982dre

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Quote from: Lifes on August 08, 2019, 08:38:49 AM

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

When bitcoin rises, the altcoins are also rising except when they lose value based on bitcoin. So when bitcoin and the altcoin compared to bitcoin is also rising, you get even more profit.

I would just do 50/50 of your holdings

sunsilk

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Not our money so the decision will still depend on your take. Do you think its still worth it for you to wait for the XRP comeback? I used to suggest people to buy bitcoin no matter what how low it was before and now that suggestion is resulting positively.

Are you in loss with XRP now? if you are I suggest keeping it and buy bitcoin with your spare and I think that's a better thing for you to do. But if you are okay selling it now for btc, do it without regrets.

roosbit

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@21crypto is right at the moment xrp is being sold on a large scale meaning there is little buying power to shot this coin up but in this case since you want to cross over to btc you need to consider how much you invested to acquire the current stash and if there is no loss on your side sell some of those coins incase those coins pump in the future and you don't want to miss out on such.
Good luck

21crypto

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I don't know if you've heard but Ripple has been selling XRP for a while. They are going to slow down their level of sales but they will still sell, this means that they will put pressure on XRP in a downward manner.

Your best bet is to hold btc until they stop with the selling.

Topic: Should move to BTC? - page 13. (Read 3481 times)