Rizwan Javed
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January 24, 2018, 04:45:04 AM |
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I think it's not a good idea at all. Investment in wallet should not affect your daily lifestyle at least.
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jasonhart
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January 25, 2018, 06:23:03 PM |
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If you are doing this then you need to be careful, it might be a safe option but it's a risk. You may want to make some profit from it but there is a chance the price of the coin will drop if this happens then you'll lose your money.
But you can choise several altcoins and the chance of losing your money will be minimal because its almost impossible for all coins prices to drop at the same time.
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kodtycoon
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January 25, 2018, 06:31:55 PM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
The decision is pretty good while you save xrp or another coin when you are salary, I hope the same $100 is a great very difficult to achieve that value. But in crypto the hard things become possible even be easy, maybe 100$ will passed.
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ymirymir
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January 25, 2018, 06:39:42 PM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
I think that's a risky idea for you to making. Risking your properties or all of your salary in an investment is not quite a good idea to make because you might face some consequences. Just put enough of your money in it and always leave and enough part for your daily expenses. What if the investment fails? I bet you'll regret it if you'll lose your whole salary. Be sure to make wise decisions.
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SiiGLe
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ICO Live! betterbetting.org
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January 26, 2018, 11:44:37 AM |
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I think that is a little risky. It could be a better idea to divide it to couple. Keeping all of them in one place is risky no matter what. I don't know what is amount of money your are talking but still it would be better to split it 2 or 3.
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ASHLIUSZ
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January 26, 2018, 11:47:43 AM |
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I think that is a little risky. It could be a better idea to divide it to couple. Keeping all of them in one place is risky no matter what. I don't know what is amount of money your are talking but still it would be better to split it 2 or 3.
The risk associated with it is very big, because just think about the present price along with the price a month ago. The difference is much big and if one has kept his entire salary in crypto wallet, he'd have ended up with a big loss which might have affected his living. Better is to have a diversified plan to get rid of loss happening as a whole.
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Greenrace
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January 26, 2018, 02:23:02 PM |
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investment in alt-coin is great even if only by saving it in the coin wallet but if saving all our salary would be very risky if alt-coin that we save does not match our expectations
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HongKong
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January 26, 2018, 02:31:55 PM |
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investment in alt-coin is great even if only by saving it in the coin wallet but if saving all our salary would be very risky if alt-coin that we save does not match our expectations
It's not a smart thing for anyone to do if they are working a full or part time job for real money. That money is better spent elsewhere.
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lsd400
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January 26, 2018, 02:34:42 PM |
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It's not safe. There is always risk considering crypto market volatility. Wallet security another will be also crucial. Imo, 100$ for XRP is unlikely. It would take a long time to reach such price.
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legenduim
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January 28, 2018, 04:21:33 PM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
No, ripple won't get to 100 as the marketcap will be insanely huge, please learn some basic first before investing so you understand what is possible to happen and what's not. Investing some of your salary into crypto is fine but please at least do some research before buying something so you won't be angry if you lose it. As for me this is not a good decision. Ripple is volatile (oh, sure here I am talking about its XPR coin), and you can lose some money. Now the market is unstable, and altcoins lose their positions. Yes, it is a temporary phenomenon, but it can affect your income if you do what you plan.
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hesham51
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January 28, 2018, 04:42:51 PM |
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All your Salary to XRP!!! It's really dangerous to do!, only invest in Cryptocurrency what you can lose it, the best choice to distribute your money among several coins then you will have a big probability that one of your portfolio will pump up and you will win!
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hiddenmist
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January 29, 2018, 07:49:29 AM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
It is a bad idea if you put your salary in a centralize coin. You need to have an emergency fund first before you invest. That is why you always read the advice "Invest what you can afford to lose". Putting all your portfolio in one coin is a bad idea unless it is bitcoin. As the saying says "Don't put all your eggs in one basket.
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anobtc
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January 29, 2018, 07:51:41 AM |
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I don't think XRP is a good choice, because price was pumped hard. You can choose other Alt in top 10, or find a good crypto in top 30
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akkocoin
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January 29, 2018, 07:54:48 AM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
This is a good decision. I think it is more valuable and profitable than putting your money into a bank. Of course you can also put some of them in a bank or diversify your investment to avoid risks.
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carlisle1
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January 29, 2018, 08:01:40 AM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
this is a good idea,since xrp now has low price that easily to capitalized,the only problem that i see is,what about your daily need?who will feed you?what about your family dont you have a obligation to them?i try to figure out things before making a decision so no one would be in trouble,or much better make if halfway,out half of your salary and the other half will be your budget,what about that?
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Denies
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January 29, 2018, 08:02:00 AM |
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in every investment you should be prepared with the risks you can face at any time. there are many options you can do in investing in altcoin, a good altcoin to invest long term I think is just eth, or you can look for other options. most importantly you always try to do the analysis first.
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cheezcarls
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January 29, 2018, 08:16:36 AM |
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I don't think it's a good idea to store all of your savings in a crypto wallet. The best way for you do it is diversify them. I don't know how much salary you've got there, but here's what I do in case I received it.
50% - Basic household needs (bills, food, etc.) 10% - I donate it to the church 10% - I save it to a bank 20% - I put it to a crypto wallet or trading or investing in an ICO 5% - Give back to the family 5% - Personal needs
This is just my own, and I know we all have different ways to diversify our funds. However, I can't be the one to decide for you. It's up to you if you want to take this advice or not, nobody's gonna stop you anyway.
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UZIzzzz
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January 29, 2018, 09:13:04 AM |
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I think it's a good decision. Because 2018 is still a bull market in cryptocurrency markets, I think investing in crypto-currencies will still make a decent profit, which will give you more money to get your hands on.
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NataTahur
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January 29, 2018, 11:57:32 AM |
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The whole salary? I think a bad idea, risky. What do you satisfy your everyday needs? I would distribute the investment for several coins in your place.
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fuer44
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January 29, 2018, 12:25:18 PM |
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Hi, i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
not bad, I think it's a good idea. you will earn a lot of profits if in case the ripple really goes up to the moon up to $ 100. that's what you're investing for, better than you spend your salary on unimportant things.
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