Hi,
I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.
In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.
My slight worry is what happens if XRP lose.
P
I understand it is very important to consult people but obviously you also need to make your own decisions about them, I think the time the topic started to now has many different advantages and you will too. Make your own choices with everything. And your reach and goals with XRP and ADA I think the profit will not be difficult, but I want to share with XRP when you are quite optimistic about their ability to win, but please keep in mind that if they are still not strong enough to get past the charges with the SEC they will continue or may drop more, to me the risk and safety need to be adjusted especially for long term investment for several years, the safety factor should be a priority.
both of them are not potential altcoins, but with 10K capital and only investing in both, I think that is an unwise decision. I think it's better for us to diversify our assets according to the level of risk and reward. of course the main thing is bitcoin to maintain our mental stability so we don't get toyed with by market fluctuations, secondly there is still the king of altcoins namely ethereum, and after that I think it's up to us for example like investing in xrp and cardano. if we are good at analyzing I think there's nothing wrong with leaving a little capital ready to lose on a new altcoin, who knows we get a jackpot