Post
Topic
Board Altcoin Discussion
Re: Ripple or Bitcoin
by
o48o
on 05/12/2024, 17:29:58 UTC
Hahaha Facts

If you invested $10,000 in $XRP on 1 January 2018

Today you’d still have $10,000  Grin
In other words you would have been better off storing your $$$ in your bank account which would have given you some interest and $10k in 6 years would have given you 2-3 grands if I'm not mistaken Cheesy

Here is another Fact.
If you had invested your bitcoins in XRP (which is what most altcoin investors do) you would be in a massive loss today because on 1 January 2018 XRP was worth 0.00020000BTC and today it is worth 0.00002000BTC which is 1/10 Wink
In other words 10 BTC invested in XRP on 1 January 2018 is worth only 1BTC today.
To be fair, while XRP is a bad investment and coin i quite dislike, i don't think it's fair to compare it to last ath, or to bitcoin at all if we talk about gains, as some people who got rich just saw it get rich quick investment and had change to sell with quite hefty profit in 2018.