Should move to BTC? - page 3. | Bitcointalksearch.org

djsugar

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Quote from: Lifes on August 08, 2019, 07:38:49 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!

You're not able to trust your own investment. This is not how you should trade or invest.
First of all, you need to decide how much risk you're willing to take and what profit margins are you looking at. After considering that, look at the market of both BTC and XRP and understand the past trends. If you see more prospects in BTC then, go for it.
If you listen to me, BTC is performing way better than altcoins recently. I don't see enough benefits of staying in altcoins for longer. Though they are still good for swing trades.

Landak

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Quote from: supercanada1 on October 25, 2019, 10:48:22 PM

Quote from: Webetcoins on October 25, 2019, 08:36:13 AM

Quote from: Ridwan Fauzi on October 24, 2019, 08:09:31 AM

Quote from: Landak on October 23, 2019, 10:20:25 AM

don't sell your XRP to buy BTC, the market is now more towards the downtrend. will feel very loss if you sell xrp then buy btc and it turns out btc prices continue to fall. it's better to just save your xrp, if you really feel like buying btc, I would rather recommend your capital for short-term trading.

I will suggest to sell XRP and buy bitcoin, are you an XRP investor? If you are, have you get profit a few months before when the price of bitcoin went up to $13.000? I guess not, since I know most majority the price of altcoin was decreased and there were many people who griped about it.

We all know, there are two types of investor who have investment here i.e long term investment and short term investment. If you believe that the XRP price will goes up again at least reach back its ATH $3.8 then you can hold it and you will face some problems, just see that the XRP is centralized coin, but if otherwise you only have one reason to buy bitcoin because you will comfortable IMHO.

I will encourage your suggestion. If someone is really serious about making money with the help of digital currencies, then he should start his journey with bitcoin as it is the most beneficial crypto coin so far and has already proved its potential by introducing millionaire to the world. As a matter of fact, altcoins highly depend on bitcoin for their growth and rates. They cannot return huge profits like bitcoin either.

Right, because the world of crypto has started from Bitcoin and still it is number one currency in crypto market, and its price gets increase several times more than any other coin in the market which means that Bitcoin is more profitable as compare to all, so the first preference should always be Bitcoin for investment.

it seems the words in my post about 7 days ago have been wrong, not according to what happened today. at first it was true that the bitcoin position at 8k went down to 7.5k (don't sell your xrp to btc)

It should after 2 days after that, I immediately correcting again by suggesting selling all xrp and buying bitcoin. I'm late to respond.
now in 9k position, it seems to have missed a big profit.

South Park

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Quote from: the rise on October 27, 2019, 12:47:21 PM

Almost all traders have moved to BTC now. if you still want to trade xrp then the usdt pair is still moving positively. BTC is testing prices up to $ 10k and has not been confirmed positive today. Daily xrp / btc hasn't touched 2750 and there is still good support to return to resistance, they are still in the average price.

Markets go through different phases, as we know this market has the tendency to operate in two different ways when it is going up, either we see bitcoin going up and outperform altcoins or we see an altcoin season in which most altcoins outperform bitcoin, during the last months we have seen bitcoin performing greatly and for this reason many are expecting for the market to change and watch altcoins going up faster than bitcoin, but there is no guarantee that will happen so if the decision is between investing in bitcoin or altcoins we need to choose bitcoin right now.

Aying

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Quote from: Asmonist on October 26, 2019, 06:31:30 AM

I hold more of btc now. I still believe btc is the best coin to invest in. Bitcoin is still the basis of all other crypto coins. Moving to btc is a very good decision. But having other crypto coins is not bad as well. Its better to diversify our funds to have more options. For now, its better to invest more in btc.

That's decision are great and it is really easy to do. but do you think you would be able to earn more profit at this time if you were thinking of moving your XRP to BTC? you should have done that before btc boom. or just split holdings so you don't lose much. and able to more profit. just think it twice so you could not regret it all. bitcoins is still volatile even if there's some good news spreading. risky is really affiliated with bitcoin though.

Triffin

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Quote from: secretgirl on October 25, 2019, 08:08:21 AM

Quote from: Lifes on August 08, 2019, 07:38:49 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!

if I am in your position, then I will sell some of my XRP, not all I sell. and I will buy bitcoin, when the price of bitcoin goes down, as you say. by holding 2 coins, and we trade with those 2 coins, I think the opportunity to get greater profits. because in my opinion, when bitcoin prices go down, on the other hand there are some altcoins whose prices go up. my advice, do not trade crypto only fixated with one coin, and do trading daily by looking at market price movements every time.

Well the normal trend of the market is that if bitcoin is going through dump phase, whole market starts decreasing in value even the famous altcoins such as ethereum also starts going down. I would like to know the names of altcoins that increase when bitcoin is dumping. As far as holding multiple coins is concerned, that is a practically useful technique of increasing chances of profit.

Free1bitco.in

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Quote from: Dabs on October 28, 2019, 09:04:37 AM

BTC had a recent price increase. If you moved whatever you had to BTC, I am almost sure the gains would have been higher than if you left it in whatever alt you had then.

+1, all in on bitcoin will make your assets grow rapidly. although this happens when you choose to focus on 1 asset, I also recommend choosing bitcoin. evidence that the dominance of bitcoin that occurred this year could really be an example of what will happen in the future.

in addition, Bakkt is also focusing on bitcoin, when there is news about Bakkt's development regarding bitcoin, it will certainly make the price of bitcoin rise again. news like Bakkt will launch bitcoin payments with Starbucks, a customer app for Crypto, and others might be a plus for Bakkt to increase the price of bitcoin.

ableh

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Many expert traders say if in the next few months the price of bitcoin will continue to rise. Considering the movement of altcoin top rank 10 usually follows the price of bitcoin (btc up, they also up). So I advice you to continue hold it or sell a part as reserve fund. But if you currently hold altcoin below rank 10 it is strongly recommended to sell everything immediately. Because usually if the price of bitcoin goes up, they will go down.

Reatim

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Quote from: ?? on ??

I also think that holding XRP is not profitable, if you but XRP with BTC then most of the time XRP value low than of the time buying, i think bitcoin is the best choice and now is still a good price for investment to go on with bitcoin.

You should have visit the movement of XRP (Ripple) this past weeks so you may consider changing your post

https://coinmarketcap.com/currencies/ripple/

Here so you’ll find that Ripple don’t move the way you are telling us,because since it is pumping and dumping the more chance of making small profit each trade

Dabs

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BTC had a recent price increase. If you moved whatever you had to BTC, I am almost sure the gains would have been higher than if you left it in whatever alt you had then.

alan2here

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Better to keep holding XRP, because in my opinion when the value of bitcoin goes up altcoin like XRP and BCH will definitely go up. It's up to you to move it to BTC, but I suggest if you want to buy BTC, use other funds aside from selling XRP. Halving can still be awaited, while you are preparing funds to buy bitcoin at low prices.

In my opinion, each person's investment preferences are different because everyone has their own options when investing in this market. I think it is best to keep Bitcoin a lot more since this is the safest coin at this time and always raise the price up if good news comes out. Holding XRP is not profitable because the coin is not much changed and XRP has remained between $0.25 to $0.3 during the past year.

I can't decide for you but think again about this investment because Bitcoin is the real value coin in this market.

the rise

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Almost all traders have moved to BTC now. if you still want to trade xrp then the usdt pair is still moving positively. BTC is testing prices up to $ 10k and has not been confirmed positive today. Daily xrp / btc hasn't touched 2750 and there is still good support to return to resistance, they are still in the average price.

mascherono

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BTC price is always getting higher. There is no change of downgrade. You can hold or sell your XRP and buy BTC as much as possible.

rodel caling

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Quote from: senne on October 26, 2019, 01:52:01 AM

After the bull run of 2017-2018, 2018 was a bearish year when many altcoins died. That was a time when investors should have shifted to Bitcoin. If You have noticed, altcoins don't follow Bitcoin price surge anymore. Bitcoin almost jumped 150% from the year start price. But altcoins are going down and down. Right now he Laing altcoins doesn't make much sense. But yes if you're into short term trading, you can make quick bucks through altcoins.

Great you a had point mate but ofcourse even in the bullrun year 2017'people are focus investing in bitcoin and altcoins because that year is same profitables.
Imthink no need to worry about the last worse scenario of the crypto space way back 2018 all is in the dump specially altcoins because is that cause of bitcoin drops,I think this time is better time to invest both bitcoin and altcoins specially ethereum. That is only mynown views.

Faxmate

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Quote from: GreenStox on October 23, 2019, 07:54:34 AM

I think for the time being you better stay on the coins you have and while waiting for the price of bitcoin to recover because I see bitcoin in early 2020 there will be a halving day which triggers the price of bitcoin to be expensive so wait at the right moment to return the assets to bitcoin again and after that you can make a profit withdrawal.

Would not it be a little bit expensive to buy bitcoin at time when it will be recovered? What is the point in waiting for bitcoin to become expensive and then invest in it. It will not even produce good profits. In order to make money, it is important to buy low and when bitcoin price increase your asset will be also go to high value . If you want to buy at low rates, you do that in dumps like now. I am highly supporting the idea of leaving altcoins and investing in bitcoin.

Asmonist

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I hold more of btc now. I still believe btc is the best coin to invest in. Bitcoin is still the basis of all other crypto coins. Moving to btc is a very good decision. But having other crypto coins is not bad as well. Its better to diversify our funds to have more options. For now, its better to invest more in btc.

senne

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After the bull run of 2017-2018, 2018 was a bearish year when many altcoins died. That was a time when investors should have shifted to Bitcoin. If You have noticed, altcoins don't follow Bitcoin price surge anymore. Bitcoin almost jumped 150% from the year start price. But altcoins are going down and down. Right now he Laing altcoins doesn't make much sense. But yes if you're into short term trading, you can make quick bucks through altcoins.

silversurfer1958

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Quote from: Lifes on August 08, 2019, 07:38:49 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!

You should really buy bitcoins now. As you know, there are many traders in China who are looking to bitcoin and buy it a lot due to the good news from the government.
After China, I think other developed countries will also have a new perspective on the crypto market and will invest in it. This is a good time to buy and the market is likely to grow in the next few weeks.

supercanada1

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Quote from: Webetcoins on October 25, 2019, 08:36:13 AM

Quote from: Ridwan Fauzi on October 24, 2019, 08:09:31 AM

Quote from: Landak on October 23, 2019, 10:20:25 AM

don't sell your XRP to buy BTC, the market is now more towards the downtrend. will feel very loss if you sell xrp then buy btc and it turns out btc prices continue to fall. it's better to just save your xrp, if you really feel like buying btc, I would rather recommend your capital for short-term trading.

I will suggest to sell XRP and buy bitcoin, are you an XRP investor? If you are, have you get profit a few months before when the price of bitcoin went up to $13.000? I guess not, since I know most majority the price of altcoin was decreased and there were many people who griped about it.

We all know, there are two types of investor who have investment here i.e long term investment and short term investment. If you believe that the XRP price will goes up again at least reach back its ATH $3.8 then you can hold it and you will face some problems, just see that the XRP is centralized coin, but if otherwise you only have one reason to buy bitcoin because you will comfortable IMHO.

I will encourage your suggestion. If someone is really serious about making money with the help of digital currencies, then he should start his journey with bitcoin as it is the most beneficial crypto coin so far and has already proved its potential by introducing millionaire to the world. As a matter of fact, altcoins highly depend on bitcoin for their growth and rates. They cannot return huge profits like bitcoin either.

Right, because the world of crypto has started from Bitcoin and still it is number one currency in crypto market, and its price gets increase several times more than any other coin in the market which means that Bitcoin is more profitable as compare to all, so the first preference should always be Bitcoin for investment.

South Park

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Quote from: zeze18 on October 25, 2019, 08:11:14 AM

You should split more your assets to many coins, so you won't crashed too much when the price of one of those coins go down.
And for me, holding 50%+ btc from all our assets is good for investment, or even you can use it sometimes for buying another alts

This kind of diversification is useless, most altcoins especially those at the top move in a very similar manner, they are highly correlated and if you want to truly diversify your portfolio then you need to buy assets that show no correlation between each other, good options for this could be gold, stocks, even stable coins or fiat which are negatively correlated with bitcoin but buying many altcoins does not seem to make a lot of sense especially in a market fully dominated by bitcoin.

Webetcoins

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Quote from: Ridwan Fauzi on October 24, 2019, 08:09:31 AM

Quote from: Landak on October 23, 2019, 10:20:25 AM

don't sell your XRP to buy BTC, the market is now more towards the downtrend. will feel very loss if you sell xrp then buy btc and it turns out btc prices continue to fall. it's better to just save your xrp, if you really feel like buying btc, I would rather recommend your capital for short-term trading.

I will suggest to sell XRP and buy bitcoin, are you an XRP investor? If you are, have you get profit a few months before when the price of bitcoin went up to $13.000? I guess not, since I know most majority the price of altcoin was decreased and there were many people who griped about it.

We all know, there are two types of investor who have investment here i.e long term investment and short term investment. If you believe that the XRP price will goes up again at least reach back its ATH $3.8 then you can hold it and you will face some problems, just see that the XRP is centralized coin, but if otherwise you only have one reason to buy bitcoin because you will comfortable IMHO.

I will encourage your suggestion. If someone is really serious about making money with the help of digital currencies, then he should start his journey with bitcoin as it is the most beneficial crypto coin so far and has already proved its potential by introducing millionaire to the world. As a matter of fact, altcoins highly depend on bitcoin for their growth and rates. They cannot return huge profits like bitcoin either.

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