Post
Topic
Board Speculation (Altcoins)
Re: 10k investment
by
wheelz1200
on 16/12/2023, 22:48:16 UTC
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'd first ask if you have bitcoin or not.  I wouldn't recommend buying either of those before ypu had a decent amount of bitcoin as a hedge.  But if I had to chose it would definitely be ADA.  XRP is centralized and to me barely exists as crypto.  Ripple controls too large of an amount for me to ever take xrp seriously.  What if they dumped into the market, then what would hold the price up?  Too risky.