Main shit going nuts again
Do exchanges just create fake trades of XRP or are people stupid enough to buy and hold it?
Well, most of my mates are into crypto, I guess I'm lucky with that, unfortunately most of them are into alts, where XRP being the most popular one. So I actually know people who have invested $10k+ into XRP and continue doing that, despite the explanations I try and give them about the centralisation and overall shittyness etc. But I have converted a few to get mostly into BTC. I was over 70% in alts in the beginning of the year, my notsogoodmateanymore JJG talked me out of it, made me stop playing around.
Ultimately, you have to take responsibility for whatever is your own personal choices in allocation based on your own circumstances, including your finances (including what you already have invested and cashflow), your view of the various assets, risk tolerance, timeline, etc.
I would think that most members who participate in this thread are a majority in bitcoin, and there are several here who are over 90% in bitcoin. Others are going to play around with alts more, and even believe in some of the stupid ass proclamations of alts (such as they are bitcoin 2.0 or that bitcoin is defective in some kind of way).
Probably the smartest way to involve yourself in alts is based on shorter term scenarios, but surely a decent amount of gambling and timing involved in that which might involve an attempt at garnering insider information and taking advantage of when pump and when dump. I personally don't have a lot of tolerance for that, but I understand that others do.
