Post
Topic
Board Altcoin Discussion
Re: Selling BTC to add to XRP
by
styca
on 21/12/2017, 20:15:11 UTC
Madness or not?

When I got into this I said I would not trade, just invest with money I’ve earned and hold through what I think will be an incredible 2018. But I’m now thinking of selling ETH/BTC or LTC to get more XRP. With it breaking the $1 I don’t think it’ll drop below 0.80 now and think the coin has real potential.

Stick to my plan or do 1 trade before Ripple runs away 🤷‍♂️

XRP is a great coin with more potential than most other cryptos - but I'd be wary of getting in now. It is often a bad idea to get in after a big price rise. Of course it can rise further, but after any quick rise ends there is usuallly a fall, and the question is if it rises after you buy, will it fall back below your entry point?

I have bitcoin and XRP, and I'm just holding both at the moment. If you want to trade, there are much clearer opportunities than buying XRP now.