Hi everybody,
XRP is currently very low (€ 0.20). I have some Litecoin coins. Bought at the beginning of January 2018, so considerably less. For the amount of those LTC coins you can now buy a lot of XRP. My question: do you expect XRP's rise to be higher than LTC's? I can easily see XRP for 0.20 go to € 1. So 5x. While this growth seems more difficult to me for LTC?
New investors in the market really thinks that cheap coins are better than expensive coins. I also part of those people when I new in the market but my idea and perception changed when I invested in my education. The thing is: the price of the cryptocurrencies really does not matter. The misconception is people think that cheap are better to buy because the potential reward is much higher than buying expensive coin. It is all about percentage, if you invested in LTC and the LTC goes up with 50%; your portfolio will increase 50%. It is also like in cheap coins where in if the XRP coins goes 50%, then your portfolio will be up 50% also. Just choose a token that you understand. For me LTC is looking good than XRP because XRP is still in sideways move. I still waiting if the XRP can beat the recent resistance at $0.2650.