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
If you have $10000 to invest then why are you trying to invest in all these coins. If you invest your 10000 dollars in places like ethereum, bitcoin you will get 2x to 3x not more return. If I had $10k I would invest straight into Ethereum and Bitcoin without a second thought. Because I will take less risk and earn more profit.
Agreed 10k is a big amount so bitcoin and ethereum are the right currencies to invest in other currencies are more risky. It is better to choose the right currency without taking risks. Bitcoin and Ethereum are successful investments for every investor to get more profit.
That's right, that the beginning of April there will be an increasing pump including altcoins, it has been felt from today among them if ethreum l2 is so exciting my mind, one of the bases. If $10,000 last year was bought maybe it's time for a good harvest. All coins are good as long as they are listed on the favorite CEX, not a benchmark for safety of storing but as far as I know if it is on the cex, dev is less likely to revoke liquidity. If you keep it long enough like XRP and cardano it is not wrong, but the true investment is the multiple in the interest of each coin, even like meme coins there are some that have been listed on the cex. If today you have harvested / have additional capital with the same budget, you can allocate 10/30% of your capital for coins that you think are good for long-term storage because they are stable, the rest are many layer 1 altcoins that fluctuate and tend to rise optimistically. Because altcoins are also necessary for the portfolio.