Should move to BTC? - page 6. | Bitcointalksearch.org

skarais

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Quote from: xen1oph on October 08, 2019, 05:58:10 AM

To all who say that BTC rising - yeah, but it also quite unpredictable and fast. I mean, over the few hours BTC raised to 8300$ and then again fell to 8000$. So I would recommend holding your XRP and buy BTC only if you'll see it raised quickly.

Looks like you don't have to sell XRP just to buy bitcoin whose price is going up. Because almost every time there is a movement in the price of bitcoin goes up, then altcoins like XRP also go up. As happened yesterday, when bitcoin prices reached ± $ 8,300, XRP prices also moved slowly. Conversely, today XRP also fell after the price of bitcoin experienced a correction.
Bitcoin fluctuations are very fast, so in my opinion it is very risky to sell other assets just to buy bitcoin because we don't know the extent of the increase unless there is a factor and good news about its development.

ChrisPop

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If I were you I would immediately sell that XRP and buy some cheap BTC. Btw I consider $8000/btc a bargain price. We all know that XRP has lousy reputation over the internet for not being a true cryptocurrency. Look at the higher timeframes at XRPBTC pair. You can clearly see there the weakness of ripple, so I think it's better to join the trend and sell xrp and buy some precious btc. Now..I might be biased here as I'm a true believer in Bitcoin, but this is not financial advice and you should not take it as one. It's simply my personal answer to you.

xen1oph

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To all who say that BTC rising - yeah, but it also quite unpredictable and fast. I mean, over the few hours BTC raised to 8300$ and then again fell to 8000$. So I would recommend holding your XRP and buy BTC only if you'll see it raised quickly.

Blackdeath

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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!

For me, I think you should start buying bitcoin because bitcoin's price is now starting to increase. I think it's better to start selling your xrp to bitcoin because xrp is less stable than bitcoin. Of course bitcoin is the number one in the market so you should start buying bitcoin with your xrp. Though the decision will be up to yours.

jarhed

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Quote from: bounceback on October 07, 2019, 10:33:23 PM

if for example I am in a position like you then what I do is I will sell some xrp to buy BTC because if I see it now the price of xrp is less stable, unlike BTC especially now the price of bitcoin has gone up in the last few days, if I think it's good for trading to have a small profit, and if you want to buy btc you better buy it when the price drops.

If we take the TOP-10 coins of the cryptocurrency market, then you can go to Bitcoin even now. But in my portfolio are Altcoins, which are in the TOP-200 coins of the cryptocurrency market, their price fell below the level of January 2019. I will not sell them for Bitcoin.

bounceback

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if for example I am in a position like you then what I do is I will sell some xrp to buy BTC because if I see it now the price of xrp is less stable, unlike BTC especially now the price of bitcoin has gone up in the last few days, if I think it's good for trading to have a small profit, and if you want to buy btc you better buy it when the price drops.

adroitful_one

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Right now everyone's best investment in Crypto Currency would be Bitcoin. Altcoins do not start rising until Bitcoin rises. Then shortly after you see all the altcoins follow. XRP is a great coin but no coin will ever live up the the orginal. All the other coins are just copy cats with the same vision and slightly different use cases. Bitcoin will be the top dog for a long time. No coin has even began to have the same ROI as bitcoin. Bitcoin has already had over 1,000,000% returns. It is expected to reach all new levels very soon. With the launch of Bakkt. This is only the beginning. You are still considered an early adopter. It is ok to hold a few altcoins but only keep it a small percent. You want to keep a majority of you portfolio in crypto mostly bitcoin. That is where all the money is going to go!

lumierre

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Quote from: Sebas.tian on October 04, 2019, 09:44:32 AM

Quote from: Asmonist on October 02, 2019, 05:50:35 PM

I suggest to hold your XRP. You have already invested on that for a long time. < ~~~~~~~~~ >

More also, having an extra income from outside the world of cryptocurrency will boost your portfolios if, you take time to invest in BTC and also, buy more of Ripple. Its not advisable to sell out what you have been holding for a longtime becasue, cryptocurrency market is unpredictable, sell out today and the price gain 1000x tomorrow. In your case, holding is the very best for you now than selling off your portfolio for Bitcoin. Extra cash will play an important role here.

Bitcoin is always the number one choice - it has been leading the market for years. No one cryptocurrency can become its rival. For understanding, you can draw an analogy with gold: it is valuable because it is difficult to mine, and its reserves are limited. Bitcoins - too, there are only 21 million of them - as originally written in the code. And more of them have been mined. The farther - the slower and more difficult to mine them, since calculations require more and more time. BTC is becoming more valuable for this reason.

alexsandria

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It depends on you. I mean, we have our own way of allocating our money. In the first place, you have that allocation, so why did you that? For sure you have your own reason. Me personally I have different allocations but again, I have my own reasons why do I have that. Stick with your plan unless you can no longer take it.

robelneo

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Quote from: Mandoy on August 08, 2019, 07:59:05 AM

There are two things that you should do. Its either to hold your xrp or sell it in exchange to bitcoin. Lets us discuss the first option.
1. Holding your xrp (dont sell)
If you are going to sell your xrp and eventually the price went up you will just regret it. As of this time if we are going to make a chart analysis xrp will not have an extreme bearish trend in the coming months thus its safe just to wait for it to go bullish.
2. Selling Xrp
If you sell xrp make sure that when you sell it in exchange to bitcoin you must only sell half of it or less. In this option if xrp goes up then you win and if bitcoin goes up you will still win. If one of them does not increase in value but the other one will goes up.

I will not be saying which one you will choose but Im saying its good that you read it at least you will have some idea on what to do.

So let's analyze the situation here, it's about profit and opportunity, the guy has a chance to make a profit from holding his XRP may be good but if you have an insight and the situation is Bitcoin price is now dipping and the halving is going to happen next year with an opportunity for another all-time high, what would you choose, anytime the price could go up, because of the count down.
I'll definitely choose long term profit to short term one but the ball is in your hands.

ReiMomo

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Quote from: Jorge158 on October 05, 2019, 10:40:41 PM

XRP is a good coin but it has a long term potential. As it stands now, it will be smart to convert the XRP into BTC because BTC dominance is now huge. The altcoins market now cannot be compared to BTC and it appears the attention has shifted to BTC and this is a good sign for impending bull run for BTC holders. OP can buy back the XRP when BTC rise to yield enough profit.

That was in my mind that investing in XRP is not good for short term, long term holding is enough to wait when the price goes up.
If you have another source of funds much better not to sell your XRP if it has a dropped down value for now in order for you not to lose a big amount of money. It's better to have XRP and Bitcoin as well so that whatever may happen you will still have a chance to earn so I would highly suggest not to sell your XRP for now and wait for its price to increase

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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!

If you are looking for a long term investment then it is better to sell your xrp and buy bitcoin instead as the price of bitcoin right now is a good amount to invest in.

There is a big chance that bitcoin price can double in the next 2-4 months, the bitcoin dominance is very big also therefore other altcoins were left behind while the bitcoin price is keep on increasing rapidly. So bitcoin is the best choice right now compare to XRP.

Jorge158

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XRP is a good coin but it has a long term potential. As it stands now, it will be smart to convert the XRP into BTC because BTC dominance is now huge. The altcoins market now cannot be compared to BTC and it appears the attention has shifted to BTC and this is a good sign for impending bull run for BTC holders. OP can buy back the XRP when BTC rise to yield enough profit.

Genemind

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It depends on how long you have been holding your ripple. If you're having a hard time deciding what to buy, you can sell some of your ripples in exchange for investing in BTC. Both could honestly be profitable when the bull run happens. The decision still relies on how you could wait for a good profit.

Chengkima

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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!

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Zeke_23

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Quote from: minersday on October 05, 2019, 06:58:30 PM

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!

Looking at the market value of bitcoin now, it will be good idea to sell your XRP for Bitcoin. You are likely to make about 20% - 30% of profit when the market value moves to $15k. I see bitcoin moving from $8k to $15k before 2019 comes to an end. But XRP also has good potential of increasing in market value.

Yes, exchanging your XRP for Bitcoin would be better. The current price of bitcoin as of now is $8.1k, and if its price will increase up to $15k, you might earn more than 20-30% of your investment, it will be a long journey for hodl'ers, once its price started to increase, all hodl'ers are keeping their eyes to its price.

minersday

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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!

Looking at the market value of bitcoin now, it will be good idea to sell your XRP for Bitcoin. You are likely to make about 20% - 30% of profit when the market value moves to $15k. I see bitcoin moving from $8k to $15k before 2019 comes to an end. But XRP also has good potential of increasing in market value.

Xxmodded

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Have you check you Ripple telegram channel or website, they have news update information or not? if nothing update about Ripple in their website better to move your Ripple become bitcoin, before Ripple price down you have buy bitcoin now and get profit with bitcoin always keep higher price every time.

DabsPoorVersion

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Quote from: Sebas.tian on October 04, 2019, 09:44:32 AM

Quote from: Asmonist on October 02, 2019, 05:50:35 PM

I suggest to hold your XRP. You have already invested on that for a long time. < ~~~~~~~~~ >

More also, having an extra income from outside the world of cryptocurrency will boost your portfolios if, you take time to invest in BTC and also, buy more of Ripple. Its not advisable to sell out what you have been holding for a longtime becasue, cryptocurrency market is unpredictable, sell out today and the price gain 1000x tomorrow. In your case, holding is the very best for you now than selling off your portfolio for Bitcoin. Extra cash will play an important role here.

But if he already made a profit for holding from the time he bought it, I suggest to transfer his funds to btc and then start holding again, it would be better.It wont be a regrettable decision since bitcoin is really good for long term investment. And this time is good to hold more after a big dump, sudden increase in its price is unexpected but since its price already decreased, its time to buy.

Wysi

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Quote from: gunhell16 on October 04, 2019, 12:17:43 PM

If we will just include XRP to this topic then we should be moving 100 percent to BITCOIN.
But if you will do, you should consider to include other coins.
I might go 50/50 with BTC and ETH.
XRP will be going nowhere, I still can't understand those millions of XRP sending to other wallet and sell to market if the price rise.

XRP is out of league over here as it's too manipulative due to it's unofficial nature of being a centralized crypto rumoured to have been created by banks to penetrate the crypto market and they control it's value by creating buy/sell demands. When it comes to Bitcoin and ETH my preference would be same 50/50 as both are trustworthy and bounces back no matter how hard they fall which is not the case with other altcoins.

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