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Author Topic: BTC to XRP  (Read 478 times)
Strufmbae (OP)
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March 25, 2021, 12:35:04 AM
 #1

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy

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March 25, 2021, 12:52:19 AM
 #2

To be honest, as of the moment, I rather hold or buy more Bitcoin than converting it to any altcoins.

And another thing is your altcoin selection is kinda worst and got some issues recently.
If you check this: XRP SEC lawsuit complaint, where the SEC complaint against Ripple(XRP). When this issue was published before, we saw a huge dump on Ripple.

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March 25, 2021, 01:07:00 AM
 #3

That's the worst thing that i have ever seen dude and you are converting your digital gold coin into the unregistered security coin that already sued by the regulators.
XRP was a crap coin and this is a fact. It's a quick-rich scheme only.


The result for your XRP holding will be determined by the result from the court. have you ever thought to convert it back to bitcoin? that's a better decision in my opinion. another 11% drop happens with ripple Cheesy

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March 25, 2021, 01:31:24 AM
 #4

Remember that there's still the SEC thing going around with XRP. With the latest update, I saw this article. It is said there

“If I’m Ripple, I’m feeling pretty good that my mediator and consulting summary judgment judge just said on the record what I essentially argued in my pleadings,” Hogen said.

It seems that they are more positive about the proceedings. Maybe this could be a game-changer for Ripple? Lol.

Personally, I would still HODL BTC.

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March 25, 2021, 01:47:24 AM
 #5

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy
XRP is a coin that is currently being used as an investment option. you should try to compare the xrp price and also the bitcoin price, which estimate will get the greater profit between the two. I think this is a kind of analysis to determine profit. but I think for xrp or btc both still have profit, it's just that the choice happens to you. whether you want to stay to btc or want to try to challenge adrenaline by being on xrp which is full of risks.

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March 25, 2021, 01:48:00 AM
 #6

The big risk here is that, you are planning things without the proper knowledge and proper strategies so you might ended up losing more money.
Seriously, I'd rather hold BTC than to convert it to XRP but many says that XRP still has the best chance to survive especially if the SEC result will be in favor to them, and that's the best time for them to grow more but still, BTC is more than good to me.
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March 25, 2021, 02:06:24 AM
 #7

Don't compare XRP to Bitcoin because XRP is a centralized coin. In addition to that, the risk is just too great because from the fact that XRP developers holds the majority of the coin and they can dump that anytime they want. That's the reason why they are in a lawsuit right now. Don't exchange your BTC to XRP, it's not worth it. You better look for other altcoins rather than XRP if you want to diversify your portfolio.
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March 25, 2021, 02:19:32 AM
 #8

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy

If you want to stay safe then don't, if you want to take a risk then go for it, risk has two roads you will either lose everything or gain a lot, it's a win or loss situation and with XRP is a high risk, so far it looks good because there is no update yet but once there are announcements you will see if the risk is worth it or you have something to regret, I don't want to motivate you, it's your money it's your risk or rewards at stake here.

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March 25, 2021, 02:25:32 AM
 #9

Sometimes we will accept things like high returns always come with risks, at this point I just want to hold a lot of BTC instead of putting money in altcoins. One thing I see is that if I just bought and held BTC in the first place, maybe my current profit in this market would have been a lot better.

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March 25, 2021, 02:50:21 AM
Last edit: March 25, 2021, 03:36:58 AM by dihari
 #10

We don't compare bitcoin to any altcoins in term of investment. You are free to invest or buy any coins that might be interesting for you and legit. But unfortunately, I think converting your btc to xrp is not a good option, especially in this bull run period.
If you think xrp is good to buy, why don't you allocated more fiat to buy them instead of converting your btc. So you can diverse your investment.

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March 25, 2021, 03:25:08 AM
 #11

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy
Yes you should definitely stop it. Having bitcoin. Is more than safe than having an xrp. I dont know if you are aware of the issues of xrp these past few days with SEC? yes they could have been outrun it but the fact that they are being sued for something about legality is something you should think again on trusting them. Anyway it's your money, I just suggesting that keeping btc is much better than converting it to xrp.

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March 25, 2021, 03:26:28 AM
 #12

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy

If you wanna play safe, then Bitcoin is the right investment for you. Simply buy during dip, just like we have been seeing today and just HODL. It's not just a little big of risk with XRP, it's huge, I'm sure that you all know that the company has a pending case against SEC right?

Well you can risk on XRP, but you it should be calculated. It could be used to pump and dump by many trading signal groups and other manipulators. So if you are have time the recent spike, then you can make some money by selling it, but it is not a guarantee.

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March 25, 2021, 03:28:55 AM
 #13

Crypto have always Rick but XRP Team minimumse the risk as possible
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March 25, 2021, 04:34:51 AM
 #14

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy
I will still prefer BTC over Altcoin, moreover, XRP has experienced a significant decline after the SEC's complaint to XRP, but XRP has quite a strong fans that's why their trading volume on many exchanges is quite high.
You must first choose between risk or safe because when you prefer to risk your funds in XRP there is a possibility that your assets will decrease quite sharply even though there is still the possibility of getting a profit.


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March 25, 2021, 04:46:04 AM
 #15

I have no problem converting your BTC. but why does it have to be XRP? why not on other assets? I think you already know what the XRP case is like today. and I think you should think about looking for other assets.
although there is a possibility that XRP will grow again when it can win its case. but it must have damaged their market reputation. trust me just look for other assets. There are so many assets with longer-term potential that you should convert your BTC to XRP.
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March 25, 2021, 04:47:39 AM
 #16

Why not convert your Bitcoin to Dogecoin instead, since it no longer meme coin now.
Adoption is rising,

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March 25, 2021, 05:02:41 AM
 #17

Why not convert your Bitcoin to Dogecoin instead, since it no longer meme coin now.
Adoption is rising,
Are you sure Dogecoin is no longer a meme coin? what made it all disappear from Dogecoin?
I believe investing in Doge at the current price level is not the right choice. when he converts his BTC into Dogecoin I'm sure it will only make his investment value continue to decrease. doge could easily be thrown away. especially with an unlimited supply and mining in large quantities. it could easily exacerbate the price if there was a large release.
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March 25, 2021, 05:16:26 AM
 #18

I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe. Cheesy

That's your own choice right there and you could get huge money if your speculation is right because the price of XRP right now is so low and after the BTC reach its limit price this year and you convert your BTC into XRP, then after that, the price of XRP will also go up like what we have seen with the ETH, then that's a huge win for you. But you also need to consider some consequences and you are ready for its possible results.

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bolawin
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buy bitcoin, hodl bitcoin


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March 25, 2021, 01:50:55 PM
 #19

Why not convert your Bitcoin to Dogecoin instead, since it no longer meme coin now.
Adoption is rising,
Are you sure Dogecoin is no longer a meme coin? what made it all disappear from Dogecoin?
I believe investing in Doge at the current price level is not the right choice. when he converts his BTC into Dogecoin I'm sure it will only make his investment value continue to decrease. doge could easily be thrown away. especially with an unlimited supply and mining in large quantities. it could easily exacerbate the price if there was a large release.

I say its good to have both, for dogecoin since more adoption you can use to buy/pay stuff

buy bitcoin, hodl bitcoin
memyselfandi
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Futurov


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March 25, 2021, 02:00:11 PM
 #20

Ripples are showing some price increase this past few days despite of their on going issue with sec. I am not just sure if that price increase will continuous or not. Still a lot of people are waiting for ripples to back to the game.

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