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 think for long term investment where you mentioned 1 to 3 years it would be better to invest in Bitcoin. As per your guess if xrp wins then 3x to 4x return is possible.Also you have to think about xrp reverse, because complaint has already been filed about xrp. XRP, ADA is very good coin to invest. But 10k is a huge amount so you can invest in bitcoin and ethereum as well as.It would not be right for you to invest so much money on only two coins,because it increases the risk. So in addition to this you should analyze and add some more good coins.
I get that point, and it's valid. $10k investment is a good amount, and you can use other projects to invest portions of your money. There's a good logic when investing, and if you believe that you will be able to manage to earn from those mentioned projects, then go and invest your money.
But if you think that you have some doubts or are unsure, it's better to split your money and do some deeper research before placing or deciding where to invest.
To be on the safe side, make sure to do your research before investing in a project,
don't invest in just one project it's too risky.