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 !!
It all depends on the XRP/USD price, it doesn't matter at what price you bought your bitcoins, but it does matter what was the price of XRP when you purchased it.
Usually altcoins go up against the USD when bitcoin goes up against it, they slightly lose value against the bitcoin, but you will still be able to buy less XRPs for your money if you purchased it when the bitcoin was high.
Also, consider buying the XRPs with fiat directly, it is possible as most of the exchanges now days, and it might save you some fees, it is worth checking out!.