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Author Topic: I have 5k to invest, should I buy Ripple or Litecoin? I do not want to hold  (Read 649 times)
Shiru (OP)
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March 05, 2021, 10:17:08 AM
 #1

First of all, this depends on how much risk you will be able to bear with $5000.

The ROI in the crypto market is definitely greater than the traditional stock market this year. Considering the key factors of each bull market in the past, we’ve seen that Bitcoin always leads the rise of other cryptocurrencies, and continues to rise after breaking its previous high, the remaining mainstream cryptocurrencies follow the Bitcoin bull together.

Compared to other non-mainstream cryptocurrencies, since Bitcoin has already led the rise for a long period of time, the growth potential of BTC in the future is relatively small.

The potential rewards ranked by ATH indicator are as follow:

XRP ( 712.98% ) >LTC ( 106.49% )

If we only consider the top 10 mainstream cryptocurrencies, the ranking would be:

BCH > XRP > XLM > LTC > LINK > BNB > ADA > DOT > ETH > BTC
https://www.quora.com/I-have-5k-to-invest-should-I-buy-Ripple-or-Litecoin-I-do-not-want-to-hold-on-to-this-investment-for-more-than-a-year
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March 05, 2021, 10:19:54 AM
 #2

Stay away from XRP (Ripple) crap. It's not even cryptocurrency. It's a centralized manipulated coin. If you want to go with BCH and BSV crap then good luck but I do not think many people will recommend it.

Bitcoin maybe having a roller coaster ride. Let it stable a bit then invest in it. Investing in bitcoin will be the safest for you. And if you have no knowledge and experience about trading then do not buy any altcoin. It's a gamble in this case.

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March 05, 2021, 10:30:33 AM
 #3

Stay away from XRP (Ripple) crap. It's not even cryptocurrency. It's a centralized manipulated coin. If you want to go with BCH and BSV crap then good luck but I do not think many people will recommend it.


Nobody can't deny that XRP is crap token based on its usability but in terms of profitability, This token is a monster considering the amount of supporters of this crappy token. $XRP shows a good price pump last bull season even though it has an ongoing case against SEC. I'm sure that this token price will explode once they will receive good news from SEC.

But still this is a pure gambling because there's no guarantee that they can win against SEC.

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March 05, 2021, 10:41:21 AM
 #4

Where's the 712.98% come from? That looks like a made up number especially if it doesn't give the original value.

Like mentioned, I'd stay away from xrp if you can. Litecoin is like beta testing for bitcoin so feel free to invest in that and wait for a better fork there that's yet to come to bitcoin.

Aside from that, if the best growth was previously in bitcoin, why are people not going to keep investing in that for a while? It's still the most well known and the most secure.



Why didn't you put gamble in your title if that was your intention?
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March 05, 2021, 11:23:40 AM
 #5

This thread is simply tell people to invest their money on top 10 coins based on rank. Nothing special on here and we don't even know where is 700% & 100% expected profit comes from XRP & LTC once we invested on these coins. DYOR DYOR DYOR and DYOR because your investment could be dropped too.
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March 05, 2021, 11:58:55 AM
 #6

i want to assume you know how to trade, you can buy or trade what you dont want to hold. trading is a mini-holding because sometimes you hold for some days before you make a profit or breakeven. its not a magic, you just to either hold or dump at loss if otherwise happens. there are many potentials coins better than ripple and litecoin. try to restrategize especially on your decision of not wanting to hold.
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March 05, 2021, 12:03:56 PM
 #7

First of all, this depends on how much risk you will be able to bear with $5000.

The ROI in the crypto market is definitely greater than the traditional stock market this year. Considering the key factors of each bull market in the past, we’ve seen that Bitcoin always leads the rise of other cryptocurrencies, and continues to rise after breaking its previous high, the remaining mainstream cryptocurrencies follow the Bitcoin bull together.

Compared to other non-mainstream cryptocurrencies, since Bitcoin has already led the rise for a long period of time, the growth potential of BTC in the future is relatively small.

The potential rewards ranked by ATH indicator are as follow:

XRP ( 712.98% ) >LTC ( 106.49% )

If we only consider the top 10 mainstream cryptocurrencies, the ranking would be:

BCH > XRP > XLM > LTC > LINK > BNB > ADA > DOT > ETH > BTC
https://www.quora.com/I-have-5k-to-invest-should-I-buy-Ripple-or-Litecoin-I-do-not-want-to-hold-on-to-this-investment-for-more-than-a-year

Almost everyone on this forum would agree with me that ripple is a shit coin. There's no point investing in such coin because of the high risk involved and which means there's a very high possibility of losing your funds.
Litecoin is built on the bitcoin blockchain and so you may invest in that.
You should, however, know that the best form of investment in the crypto world is to invest in bitcoin. There's no way you'd lose out on that. Just hold for some time instead of wasting time analyzing which coin has the potential to increase in value

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March 05, 2021, 12:28:41 PM
 #8

The two are good to buy if you wish to but litcoin is the best to purchase right now because it can increase at anytime for investors to make a good income from their Investment. Litcoin is still developing some attitude's is of profit making than ripple which is not ready to show any signs for the investors to believe that there is still hope in 2021. Since the price of litcoin is more lower than bitcoin which is still in $48k,is not advisable to buy bitcoin now than to hold until it hit $100k before you can release them for sale.
If you invest $5k on litcoin right now, there is a benefit waiting for you at the end of the investment because you make a right choice.

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March 05, 2021, 01:40:50 PM
 #9


Compared to other non-mainstream cryptocurrencies, since Bitcoin has already led the rise for a long period of time, the growth potential of BTC in the future is relatively small.

If we only consider the top 10 mainstream cryptocurrencies, the ranking would be:

BCH > XRP > XLM > LTC > LINK > BNB > ADA > DOT > ETH > BTC


BTC future growth is relatively small? Are you not mistaken for bitcoin growth? how can you explain with just a few paragraphs while we are just the opposite. where bitcoin is increasingly scarce, its growth is increasingly irreplaceable. and the price is getting higher.
XRP? still hesitant to go in and hold it too long. I like and believe the coins you mentioned, but not for XRP. isn't XRP currently unable to restore the confidence of investors who already feel cheated by its growth?


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March 05, 2021, 01:47:36 PM
 #10

If you like to play with fire, go with Ripple, but I suggest to don't invest a lot as it could dump really hard if they lose in the case. Litecoin is a good investment, there's no legal problem with this coin and IMO it has a great future, so just try to decide based on the basis you can read.

Read about this news before you decide to invest on Ripple.

https://www.sec.gov/news/press-release/2020-338

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March 05, 2021, 03:38:43 PM
 #11

Personally I would never waste money on a pesky coin like Ripple, because nothing can be expected from RXP. After getting a lawsuit from the SEC, ripple is starting to be abandoned by crypto users because until now there is no sign that it will win the lawsuit from the SEC. There are still many other coins that have good potential besides ripple, So, stop talking about ripple as it's a waste of time.

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March 05, 2021, 05:32:52 PM
 #12

Of course I chose to invest in Litcoin over Ripple because Ripple is having such a serious problem that many big exchangers have removed Ripple from the list it is very bad news different with Litcoin litcoin always looks good have no problem although prices are slowly rising the most important thing is certainty

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March 05, 2021, 06:39:13 PM
 #13

You want to invest but you do not want to hold  Undecided
If you dont want to hold, then use your money to a real case bussiness rather than investing.
For doing investment you need to hold it for a while before you take the profit from it, if you want to do investment my suggestion is EOS.
The project and the community are solid also the technical analisis in the chart looks so promising at this time.

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March 05, 2021, 08:39:22 PM
 #14

First of all, this depends on how much risk you will be able to bear with $5000.

The ROI in the crypto market is definitely greater than the traditional stock market this year. Considering the key factors of each bull market in the past, we’ve seen that Bitcoin always leads the rise of other cryptocurrencies, and continues to rise after breaking its previous high, the remaining mainstream cryptocurrencies follow the Bitcoin bull together.

Compared to other non-mainstream cryptocurrencies, since Bitcoin has already led the rise for a long period of time, the growth potential of BTC in the future is relatively small.

The potential rewards ranked by ATH indicator are as follow:

XRP ( 712.98% ) >LTC ( 106.49% )

If we only consider the top 10 mainstream cryptocurrencies, the ranking would be:

BCH > XRP > XLM > LTC > LINK > BNB > ADA > DOT > ETH > BTC
https://www.quora.com/I-have-5k-to-invest-should-I-buy-Ripple-or-Litecoin-I-do-not-want-to-hold-on-to-this-investment-for-more-than-a-year

If you made a good amount as a investment, you will get better profit from it. If 5000$ investing in a standard or stable coin. It will give you a good return. If you don't want to hold your investment more than a year, you may choose of bitcoin and Ethereum. This two coins will appears like a star in a sky. When the rise in bitcoin will impact the rise in the price of bitcoin.Then you will get the profit for sure.



 

 

 

 

 

 


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March 05, 2021, 08:44:22 PM
 #15

You do not want to Hold but you are asking here in crypto market ?

What you want instant profit ? lol there is nothing like that here , Because if that is your attitude then what you get for sure is instant losses.

Yes there is a chances that the coins will go up mooning in a matter of time or day but how to find those are the riskiest and hardest part of investing.

Remember that you can Earn or you can lose here , it is depend on how lucky and knowledgeable you are , but since you are asking the whole community ? i'm sure you have not that Knowledge i am mentioning.

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March 05, 2021, 09:58:06 PM
 #16



The potential rewards ranked by ATH indicator are as follow:

XRP ( 712.98% ) >LTC ( 106.49% )

If we only consider the top 10 mainstream cryptocurrencies, the ranking would be:

BCH > XRP > XLM > LTC > LINK > BNB > ADA > DOT > ETH > BTC
https://www.quora.com/I-have-5k-to-invest-should-I-buy-Ripple-or-Litecoin-I-do-not-want-to-hold-on-to-this-investment-for-more-than-a-year

If you will rely on your indicator and stat that you provided Ripple is a clear winner between the two, but you also need to understand the risk attached to investing in Ripple, the SEC issue will haunt them and follow them one bad decision and Ripple will crash and if you are not too quick to sell you are going to lose your investment, Litecoin is a safe investment and between the two Ripple is centralized, that puts him in a bad light in the community.

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March 05, 2021, 10:13:46 PM
 #17

well, if the choice only between xrp and litecoin, for sure i will choose litecoin rather than xrp my friend
a lot of of issue coming to xrp, so its better to stay away from xrp

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March 05, 2021, 11:30:13 PM
 #18

Are you sure going to put your 5K money into XRP?
I personally will stay away from it, my funds are still stuck in this coin, and no more trading or investing at this.

Well, if you are not going to invest or hold, you may diversify your 5k into several top coins.
So far, besides BTC, I personally play most funds on ETH, DOT, ADA, and also SXP for trading, they have a significant range between the low and high price in daily trading.
But, why aren't you interested in Bitcoin? This is the trusted for any trading or investment. I do think that BTC is the first priority in crypto  Grin

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March 05, 2021, 11:35:51 PM
 #19

Are you sure going to put your 5K money into XRP?
I personally will stay away from it, my funds are still stuck in this coin, and no more trading or investing at this.

Well, if you are not going to invest or hold, you may diversify your 5k into several top coins.
So far, besides BTC, I personally play most funds on ETH, DOT, ADA, and also SXP for trading, they have a significant range between the low and high price in daily trading.
But, why aren't you interested in Bitcoin? This is the trusted for any trading or investment. I do think that BTC is the first priority in crypto  Grin

i dont think it would be a smart move to invest in xrp this time. their ongoing lawsuit is not going away anytime soon. if you are going to choose between xrp or ltc, definitely, i will advise you to opt for ltc. but it is the OP's money, so at the end of the day, it is his decision here.
but he needs to weigh his options here, the pros and cons. also, why not BTC? as Rengga Jati asked here also. with BTC, you know for sure, there is solid market for this. and if not, diversify your portfolio with valuable alts. i think it is not good time to select xrp in your portolio. just my 2 cents here.

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March 05, 2021, 11:56:22 PM
 #20

The $ 5000 capital is very large, so do not carelessly choose coins for investment. If I had to choose between Ripple or Litecoin, I would go
for Litecoin without a doubt. Because as we all know this year Ripple is going through a lot of problems, so it is very risky investing in Ripple.
Don't because you want to get big profits, you avoid not investing in Bitcoin. Because with a capital of $ 5000 if the price of Bitcoin goes up slightly,
the profit should be quite large. Don't because you are greedy, you prefer altcoins which are much more risky. My advice is to stick to 50% investment
in Bitcoin and the rest can buy a few altcoins. To be sure, don't buy Ripple for now. I recommend buying ETH, ADA, DOT and BNB.

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