Should move to BTC?

[Lifes]

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

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[Mandoy]

There are two things that you should do. Its either to hold your xrp or sell it in exchange to bitcoin. Lets us discuss the first option.
1. Holding your xrp (dont sell)
If you are going to sell your xrp and eventually the price went up you will just regret it. As of this time if we are going to make a chart analysis xrp will not have an extreme bearish trend in the coming months thus its safe just to wait for it to go bullish.
2. Selling Xrp
If you sell xrp make sure that when you sell it in exchange to bitcoin you must only sell half of it or less. In this option if xrp goes up then you win and if bitcoin goes up you will still win. If one of them does not increase in value but the other one will goes up.

I will not be saying which one you will choose but Im saying its good that you read it at least you will have some idea on what to do.

[Duzter]

I too suggest keeping hold of xrp. There is a big controversy stating xrp to be the manipulated asset. From my understanding whether it is a manipulated asset or centralized doesn't bother the growth. Surely there will be growth with xrp, and you could continue holding it than selling for bitcoin as there is no mutual growth with bitcoin which gets with a very small value in terms of bitcoin for the 3000xrp.

[BrewMaster]

that is not a question that you should ask others. it is your money and we are not your financial advisor obligated to give you good advice. if you want my views, i would never touch a centralized altcoin such as XRP at any cost. i believe they shouldn't even exist in this market and we, as a community that started a decentralized market, should put an end to these coins.

profit-wise, shitcoins like ripple only get short lived pumps. so even if you were so interested in making a profit you should only get involved during the pumps not after they ended!

[mk4]

Ask yourself the question. Why do your hold XRP in the first place? And why did you allocate majority of your funds on XRP instead of BTC? I assume you've done your research so there must be a reason why your funds are allocated that way.

Also, if you bought XRP because you think it will rise to the price levels of bitcoin, look up the total supply of XRP.

[btc78]

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

You have been holding that ripple for long time?dont you know that the XRP price got mooning last year?and yet you keep on holding that?you missed half of your chance with that mate and you will regret for lifetime

But having that said maybe better that you are thinking transferring to bitcoin because that’s the best decision you’ll ever had these years as I see ripple will keep silence agin for long time

[Harlot]

You are in a Bitcoin specialized forum you should expect to get biased answers here. But to be honest XRP is shit and I don't like the way they partner up with companies and still end up doing nothing , it really went all downhill once it lost 90% of its value. At least when you have Bitcoin you know it will be a big mover since it still the king of the market and still the most dominant cryptocurrency up to now. You will have a cryptocurrency that is the first mover in the market.

[Vishnu.Reang]

I have opposed XRP ever since its creation. And that coin looks very shady for me. What concerns me the most is the fact that a few of the promoters hold the majority of the XRP tokens in circulation. Chris Larsen and Jed McCaleb owns more than 5 billion tokens each, and in total all of the co-founders hold more than 20 billion tokens. On top of that, another 9 billion is either directly or indirectly held by the Ripple Foundation. Now remember that only some 42 billion XRP tokens are in circulation.

[tomahawk9]

Why do your hold XRP in the first place? And why did you allocate majority of your funds on XRP instead of BTC?

OP said XRP "have a consolidated project" so perhaps he was attracted to it because he saw that XRP has a real-world use case?

Anyways, my advice to you OP would be to sell all your centralized bankers shitcoins bags and completely shift to BTC. It's not too late to do so, we're getting close to the halving so you better get your BTC stash ready to hodl before the price takes off towards a new ATH.

Btw, OP, looking at your post history, you were very pro-altcoin, then you were gone for over a year from the forum and now you came back today asking whether you should sell your xrp or not...Did you have like an epiphany or something while you were gone? genuinely curious (:

[LuckyBtc]

If you have bought at really high price then I think it'd be better to wait for XRP to pump, It will go up someday and then get out and be 100% in BTC. When Bitcoin dominance falls, Altcoins will be pumped, We just don't know when's that gonna happen.

[21crypto]

I don't know if you've heard but Ripple has been selling XRP for a while. They are going to slow down their level of sales but they will still sell, this means that they will put pressure on XRP in a downward manner.

Your best bet is to hold btc until they stop with the selling.

[roosbit]

@21crypto is right at the moment xrp is being sold on a large scale meaning there is little buying power to shot this coin up but in this case since  you want to cross over to btc you need to consider how much you invested to acquire the current stash and if there is no loss on your side sell some of those coins incase those coins pump in the future and you don't want to miss out on such.
Good luck

[sunsilk]

Not our money so the decision will still depend on your take. Do you think its still worth it for you to wait for the XRP comeback? I used to suggest people to buy bitcoin no matter what how low it was before and now that suggestion is resulting positively.

Are you in loss with XRP now? if you are I suggest keeping it and buy bitcoin with your spare and I think that's a better thing for you to do. But if you are okay selling it now for btc, do it without regrets.

[1982dre]

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

When bitcoin rises, the altcoins are also rising except when they lose value based on bitcoin. So when bitcoin and the altcoin compared to bitcoin is also rising, you get even more profit.

I would just do 50/50 of your holdings

[TheCoinGrabber]

If you think that XRP is till going to get a better price in the near future, then only self half of your XRP for bitcoins. I believe that we can still hit $15k this year so it's still not late to use that to buy BTC. I do agree with most people here that it is quite a shady centralized coin. I would rather just invest in btc and ride through the troughs and crests.

It's your money so the final decision is still yours.

[Muzika]

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

XRP is a good coin, but let us be practical on how is the BTC price is going compare to the potential of the XRP. In my personal opinion you can go for BTC this time the price ang going well so you should start holding that coin as early as today.

[harizen]

I know its something i had to decide myself , just looking for what you guys think.

Reading suggestions might give you confusion. We have different preferences and approach here.

What's the goal in the first place? To increase XRP or to accumulate BTCs?

XRP isn't part of my portfolio list. I'm just using it to take advantage of the cheap withdrawal fees compare by using BTC. You now know what's my response to your question.

[Artemis3]

Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!

So for you its a matter of beliefs. Then why you didn't split in two halves? I don't trust XRP but if you think that could rise leave 1500 there and put the other 1500 in bitcoin.

Perhaps xrp will look more like a regular fiat overtime ("controlled" inflation), given its main backers. Diversify is a wise answer, in this case it "halves" your potential earnings, but it also halves your potential loses. Of course, you could have automated trading taking care of that (ie. stop loss etc).

[Lifes]

Thanks for all your opinions guys, its interesting to read different ways to see this, some of your replies match with my thoughts. About why i bought XRP in first place? Was my first coin when i enter onto crypto , and somehow i feel it to be safe , since it had real world usage and work with important companies , that make me confident. Also i thought if government ban crypto XRP its "safe" because work with banks , its less shady than BTC.

About your question @tomahawk9 , lately i was off from all kind of forums / social media due to a little healthy problem and changes that i made on my life, i still watch coinmarketcap sometimes and read some XRP news.I realize just no matter what happend if BTC its not performing well altcoins do nothing. Even with big good news BTC its so mandatory , i thought that could change over the years but seems it won't , thats one reason that put me on the path to change onto BTC.

Cheers!

[mindrust]

If you already lost more than %90 of your wealth against btc, hard to decide.

At these rates, you would be giving away your shitcoins for free. To be honest, they ain't worth jackshit in the first place but that's not important. You bought them to make profits.

If you feel depressed now, it means you bought more shitcoins than you should have.

BTC is the only coin which matters.