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Author Topic: If you have a $2000 and had to invest in crypto which coins would you buy ? why?  (Read 698 times)
Cyrill28 (OP)
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January 10, 2020, 10:21:11 AM
Merited by skeleto88 (1)
 #1

For me i would rather buy more Ripple (XRP) Why? There’s a lot of confusion about this company but if you can separate the fact from fiction, the opportunity becomes clear.

2018 is the year where you’ll see an increasing emphasis on real-world use cases delivering value. In this regard, Ripple is light years ahead of competition.

Products

Let’s start with their products; xCurrent and xRapid (XRP). xCurrent is a banking software which allows banks to transfer value across borders (they may or may not use XRP) via the Ripple network. XRP is the native currency to the network.

Partnerships

Currently, Ripple has partnered with hundreds of banks with its xCurrent product. This doesn’t affect the price because these partners aren’t necessarily using XRP as well. But given XRP is native to xCurrent, it stands to reason that many of these banks will eventually adopt XRP as well.

Unfortunately, many people get stuck on Ripple’s massive success with xCurrent since it doesn’t directly drive up XRP’s price. If you dig a little deeper, you’ll find that Ripple’s success with partnerships isn’t limited to xCurrent.

Opportunity

Ripple is also targeting the global remittance market with xRapid (XRP) and has secured trials with Western Union[1] and Moneygram. Western Union alone moves $80B year [2]and Ripple’s entire market cap is $19B.

Think about that.

Unfortunately, the price is currently dictated by panicky investors who sell any time someone sneezes. XRP is trading around $0.2 and it may move lower in the short term due to the market. It reminds me of the classic Warren Buffet quote, “be greedy when others are fearful and fearful when others are greedy”.

Institutions are getting into the game and when they do, you’ll see the market change dramatically.
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January 10, 2020, 10:33:43 AM
 #2

I prefer the amount, so for $ 2000 that has not reached 1 bitcoin, I prefer to buy etherum which can reach a large amount for etherum. besides, approaching the fork etherum 2.0, I also believe etherum will go up with a high price.
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January 10, 2020, 10:35:47 AM
 #3

you said that ripple is a natice currency but according from the SEC compliance and it's security at this moment without utility usage. I will avoid to invest in this one and i will prefer to choose bitcoin as the main portfolios that must get a lot of portions from the total amounts. The second should be ethereum, and the result will be divided among the medium tier of altcoin just like chainlink, binance and many more. Just try to search the coin or tokens with utility usage.

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January 10, 2020, 10:40:49 AM
 #4

There is no doubt that Ripple is a very good option for investment, I bought it several times and I still have a few amounts of it. In the near future, through Ripple coin and its products, there will be a mass adoption! I don't care Ripple is centralized, Ripple is doing great for the whole crypto industry. At this moment if I had 2000 USD for investment, then I would pick Ethereum, LTC, LINK, ATOM first, later I may buy XRP

Bitcoin is gonna hit 100K usd
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January 10, 2020, 10:45:02 AM
 #5

For me i would rather buy more Ripple (XRP) Why? There’s a lot of confusion about this company but if you can separate the fact from fiction, the opportunity becomes clear.

2018 is the year where you’ll see an increasing emphasis on real-world use cases delivering value. In this regard, Ripple is light years ahead of competition.

Products

Let’s start with their products; xCurrent and xRapid (XRP). xCurrent is a banking software which allows banks to transfer value across borders (they may or may not use XRP) via the Ripple network. XRP is the native currency to the network.

Partnerships

Currently, Ripple has partnered with hundreds of banks with its xCurrent product. This doesn’t affect the price because these partners aren’t necessarily using XRP as well. But given XRP is native to xCurrent, it stands to reason that many of these banks will eventually adopt XRP as well.

Unfortunately, many people get stuck on Ripple’s massive success with xCurrent since it doesn’t directly drive up XRP’s price. If you dig a little deeper, you’ll find that Ripple’s success with partnerships isn’t limited to xCurrent.

Opportunity

Ripple is also targeting the global remittance market with xRapid (XRP) and has secured trials with Western Union[1] and Moneygram. Western Union alone moves $80B year [2]and Ripple’s entire market cap is $19B.

Think about that.

Unfortunately, the price is currently dictated by panicky investors who sell any time someone sneezes. XRP is trading around $0.2 and it may move lower in the short term due to the market. It reminds me of the classic Warren Buffet quote, “be greedy when others are fearful and fearful when others are greedy”.

Institutions are getting into the game and when they do, you’ll see the market change dramatically.

First of all, it is very clear that your post is meant to promote the XRP. So here is my idea also if incase I have $2000 to spend for investment. A wise investor will not put all of it's money in just one basket meaning you need to separate your investment for atleast 3-5 coins/altcoin for this amount in order to lessen the risk of your investment.

As the market is still in bear season, the best option for me to buy is the top 4 in coinmarketcap and I will invest 500$ each of it to. 500$ for bitcoin,500$ for ethereum,500$ for xrp and lastly 500$ for tether.

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January 10, 2020, 10:47:50 AM
 #6

Get in line, man. Different topics are opened every day in the forum and you are asked which cryptocurrencies' you should buy.

Why don't you still try to come up with your own idea? Why don't you do a research and see if we can get an X coin, and the price may increase? Please read, listen and investigate. I am sure that you'll enjoy with this. If you try something to find and if you can find it, you will be satisfied and happy as much as possible. Beucase you will be do it yourself.

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January 10, 2020, 10:50:38 AM
 #7

I prefer the amount, so for $ 2000 that has not reached 1 bitcoin, I prefer to buy etherum which can reach a large amount for etherum. besides, approaching the fork etherum 2.0, I also believe etherum will go up with a high price.

If you believed in ethereum all alone, I think it's good to find an alternative asset other than that. Look for other coins which can be profitable in parallel with ethereum's journey. Bnb will also have an outstanding track record eversince, bearish market became very rampant in pulling down every market of each coins.
Cyrill28 (OP)
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January 10, 2020, 10:53:44 AM
 #8

For me i would rather buy more Ripple (XRP) Why? There’s a lot of confusion about this company but if you can separate the fact from fiction, the opportunity becomes clear.

2018 is the year where you’ll see an increasing emphasis on real-world use cases delivering value. In this regard, Ripple is light years ahead of competition.

Products

Let’s start with their products; xCurrent and xRapid (XRP). xCurrent is a banking software which allows banks to transfer value across borders (they may or may not use XRP) via the Ripple network. XRP is the native currency to the network.

Partnerships

Currently, Ripple has partnered with hundreds of banks with its xCurrent product. This doesn’t affect the price because these partners aren’t necessarily using XRP as well. But given XRP is native to xCurrent, it stands to reason that many of these banks will eventually adopt XRP as well.

Unfortunately, many people get stuck on Ripple’s massive success with xCurrent since it doesn’t directly drive up XRP’s price. If you dig a little deeper, you’ll find that Ripple’s success with partnerships isn’t limited to xCurrent.

Opportunity

Ripple is also targeting the global remittance market with xRapid (XRP) and has secured trials with Western Union[1] and Moneygram. Western Union alone moves $80B year [2]and Ripple’s entire market cap is $19B.

Think about that.

Unfortunately, the price is currently dictated by panicky investors who sell any time someone sneezes. XRP is trading around $0.2 and it may move lower in the short term due to the market. It reminds me of the classic Warren Buffet quote, “be greedy when others are fearful and fearful when others are greedy”.

Institutions are getting into the game and when they do, you’ll see the market change dramatically.

First of all, it is very clear that your post is meant to promote the XRP. So here is my idea also if incase I have $2000 to spend for investment. A wise investor will not put all of it's money in just one basket meaning you need to separate your investment for atleast 3-5 coins/altcoin for this amount in order to lessen the risk of your investment.

As the market is still in bear season, the best option for me to buy is the top 4 in coinmarketcap and I will invest 500$ each of it to. 500$ for bitcoin,500$ for ethereum,500$ for xrp and lastly 500$ for tether.


It's not about promoting,im just asking everyone's opinion incase you are about to have that kind amount then where do you want to invest your money. I also seeking for a good opinions and advices either. Peace ✌️
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January 10, 2020, 11:03:07 AM
 #9

Why would I invest 2 grand in pixie dust? I'd rather keep my money, simple as that.
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January 10, 2020, 11:06:40 AM
 #10

For me i would rather buy more Ripple (XRP) Why? There’s a lot of confusion about this company but if you can separate the fact from fiction, the opportunity becomes clear.

Keep in mind that altcoins, including XRP, are more risky investments than Bitcoin, which is already risky enough.
I know that Ripple team is trying hard to move the price up, but the money flow into altcoin scene is limited for now.
I think that for now Bitcoin would be a better option and maybe at a later point a switch to altcoin(s) would increase the gains.
But that's just speculation, please use your own calculations when you invest money for real.

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January 10, 2020, 11:21:32 AM
 #11

Be careful with ripple they have a shady team and lots of manipulation on their end. Like what other said, I prefer to put my money on bitcoin rather than any alts right now. If you want a fast result then you'll need to stay on btc. I'm not discouraging you to invest with altcoins. Actually youre pick is not bad as its the top 3 on the marketcap and beside eth its the choice of many trader since its a mid to high cap when it comes to volume. Just watch and observed its market movement.
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January 10, 2020, 11:29:56 AM
 #12

Get in line, man. Different topics are opened every day in the forum and you are asked which cryptocurrencies' you should buy.

Why don't you still try to come up with your own idea? Why don't you do a research and see if we can get an X coin, and the price may increase? Please read, listen and investigate. I am sure that you'll enjoy with this. If you try something to find and if you can find it, you will be satisfied and happy as much as possible. Beucase you will be do it yourself.
It is true, making decisions based on observations and research we do is something that will make us feel satisfied when the coins we get are potential coins and can give us an advantage in the end. But, sometimes we also need advice from others about the coins we will buy, because sometimes we can use these suggestions as a comparison and determine which coins have a greater chance.

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January 10, 2020, 11:35:42 AM
 #13

Your idea of buying ripple isn't a bad one, it's a coin that yields profit but that aside one shouldn't put all his investment  in a particular  platform, you could decide to split your $2000 into 3 and get some ripples, ethereum and also hold bitcoin.

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January 10, 2020, 11:45:47 AM
 #14

For me i will prefer to buy bitcoin, look at 2019 btc is the only coin that still brings huge profit for investors, i made 4k in crypto very early this year and i just buy bitcoin straight, halving is on the way and i am sure that bitcoin will surge

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January 10, 2020, 11:46:29 AM
 #15

Xrp is also one of my choice, however, if I have $2k, I will split it equally to eth, xrp, bnb, and tron. It is the best investment than focusing all of your investment in just one altcoin.
BTW, are you promoting xrp? It seems like you are.

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January 10, 2020, 11:56:46 AM
 #16

I also seem to be choosing XRP and buy it for 1000$ because I want to leave money to invest in ETH which will soon be approaching Ethereum 2.0 and BTC which will halving by the middle of this year.

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January 10, 2020, 12:02:38 PM
 #17

there are plenty of coins i'd invest in.. most of them has strong correlation in price movements
so invest in few coins and if one pumps, just sell and re-invest in others
slowly it'll grow
some of the coins i'd invest in are Dash, ADA, XMR, ZEC, ETC..
these projects innovate and have good long reputation in the market
95% of the coins are useless so have to find the ones that here to stay
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January 10, 2020, 12:04:39 PM
 #18

XRP still look over-rated this year and he got worse prediction have seen with top project on the CMC. I will stick bitcoin and ethereum, my decision on ethereum is base on the large community and recent development. If this 2 can give a good profit this year then altcoin can have its season along with ethereum but the risk with most altcoins is very high now.
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January 10, 2020, 12:07:34 PM
 #19

80/10/10 in btc/eth/tron
I just want to believe in these projects
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January 10, 2020, 12:10:43 PM
 #20

Are you aware about the pyramiding strategy? I will do that in order to diversify my funds carefully. $2000 is enough investment for me, I will allocate the 40% in bitcoin, the 30% in Eth and the last 20% is in XRP. I want to build solid portfolio and that is why I will only but cryptocurrencies that have potential where the risks are less. I do want shitcoins in my portfolio so we should carefully choose what type of coin that we are going to buy.
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