Ok so I have to buy BTC and trade it for XRP in order to obtain some Ripple. Knowing how the forex market works, im wondering if I bought my BTC at 16k instead of 18k, would I be able to afford more XRP compared to buying BTC at 18k? or is it the exchange rate constant?
Thanks for the replies !!
First, you can buy ripple without turning to bitcoin first if you have a USD/KRW on a card. If you buy btc first then you spend more dollars when you buy bitcoin for $18k instead of $16k. Yet then you have a stable amount in btc (say, 0.01) which you then spend to buy xrp. At this stage it doesn't matter how much bitcoin is worth in dollars, what matters is solely the relation between btc and ripple. You can go to coinmarketcap and set the prices in bitcoin to see what's the change in marketcap and then see whether your investment was successful.