Post
Topic
Board Bitcoin Discussion
Re: Should move to BTC?
by
Artemis3
on 08/08/2019, 17:24:33 UTC
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!

So for you its a matter of beliefs. Then why you didn't split in two halves? I don't trust XRP but if you think that could rise leave 1500 there and put the other 1500 in bitcoin.

Perhaps xrp will look more like a regular fiat overtime ("controlled" inflation), given its main backers. Diversify is a wise answer, in this case it "halves" your potential earnings, but it also halves your potential loses. Of course, you could have automated trading taking care of that (ie. stop loss etc).