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Author Topic: 10k investment  (Read 2931 times)
Boomber
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April 19, 2023, 12:11:01 PM
 #41

1-3 years = bitcoin.

no need to wait 2-3 years to invest in Bitcoin, because I believe next year at the time of Bitcoin halving, you will definitely get profit from investing in Bitcoin at this time, therefore now is the right time to buy and hold Bitcoin, because I believe that 2024, Bitcoin price will definitely create a new ATH price and give a lot of profit.

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April 19, 2023, 12:59:02 PM
 #42

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P


It would have been nice though if you had mentioned whether this 10k you're talking about is the entirety of what you can invest or only a part of it because it would help people who wants to give advice to better understand your situation and give better advice.

If by chance, that 10k is the entirety of what you can invest at the moment, then it would be wise to divide it between several reputable coins that you like. That is, if you still don't have other coins on your portfolio.

Now if that 10k is only a part of the funds you have available for investing, then it would be best if you think about it more whether you really want to choose only one between the two or if you can compromise and assign portions on both coins. Doesn't matter which you decide to put in more, you just have to make sure that you are well informed about the state of each coin, like issues, developers, new updates etc., etc. So that you can make better decisions.

Good luck OP.
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April 19, 2023, 01:22:07 PM
 #43

...ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

For me, your choice of coins remains unclear, since you yourself understand that in case of a Ripple loss, the price of an XRP coin may approach zero and nevertheless you are considering it for investment. 3-4 years for investment is a long time, therefore, it is necessary to choose coins from those that after this time will not only remain on the market, but also increase their value.

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April 19, 2023, 02:29:47 PM
 #44

...ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

For me, your choice of coins remains unclear, since you yourself understand that in case of a Ripple loss, the price of an XRP coin may approach zero and nevertheless you are considering it for investment. 3-4 years for investment is a long time, therefore, it is necessary to choose coins from those that after this time will not only remain on the market, but also increase their value.
It is important to make a wise decision considering many things,
because at least that way we can analyze the risk which is good for ourselves,
there are still many decent and safer coins for investment and if indeed for the long term of course the best choice is Bitcoin.
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April 19, 2023, 02:50:26 PM
 #45

With such good assets, why do you even need XRP or ADA. You can scatter this amount over several top coins and get really great profits. You can create a portfolio that will bring you tangible profits, let's say in a couple of months. This is my humble opinion, but it's up to you and the choice is up to you.

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April 19, 2023, 08:07:50 PM
 #46

investing 10000$ in crypto is a very risky thing if you are not careful, for a period of 1-3 years I think a suitable coin is bitcoin, but if you are more interested in altcoins, then my advice is BNB. but remember my advice is not to put all the eggs in one bag

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April 19, 2023, 09:02:59 PM
 #47

$10K is already a huge fund to start up investing. If you want assurance, better not put all of it in one basket. As for me, XRP and ADA are good choices. XRP still never loses its potential despite the controversies that it has been facing. Aside from these coins, you should also consider or even prioritize top potential coins like Bitcoin and Ethereum because they are also profitable in the long run.
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April 19, 2023, 09:31:56 PM
 #48

Hi All,

Just an update, appreciate everyone’s input so far. I have done 10k into ADA as it stands, I do have another pot I started back in August as well, this has various coins including eth and is currently up about 4k overall.

I have been in crypto a while but only started in the last bull run so didn’t make any real profits, I have been sitting on the sidelines since waiting for the right time to invest along with doing a lot of research into different projects.

Paul
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April 19, 2023, 11:47:38 PM
 #49

With such good assets, why do you even need XRP or ADA. You can scatter this amount over several top coins and get really great profits. You can create a portfolio that will bring you tangible profits, let's say in a couple of months. This is my humble opinion, but it's up to you and the choice is up to you.
He may consider XRP and ADA as major coins right now. that's why he was asking for an opinion regarding it. He will able to divided it into so many coins. There are so many good coins in the market right now and it's hard to believe that he will be able to divide it easily.


Hi All,

Just an update, appreciate everyone’s input so far. I have done 10k into ADA as it stands, I do have another pot I started back in August as well, this has various coins including eth and is currently up about 4k overall.

I have been in crypto a while but only started in the last bull run so didn’t make any real profits, I have been sitting on the sidelines since waiting for the right time to invest along with doing a lot of research into different projects.

Paul
What about your portfolio status now? Did you decide to put some into the ADA when bitcoin gets dumped or have you even put your money in before the dump? You may face a small lose if you were putting it before the dump of btc.

It seems like that ADA has not pumped yet. The hype has gone.




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April 20, 2023, 01:41:54 AM
 #50

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.
(....)
Why not buy Bitcoin and Ethereum? It got maybe low ROI but it will help you to sleep at night peacefully.
Think also other high market cap altcoins but you need to do research here. Ripple and Cardano always got issues since before. Maybe you can buy these altcoins but a small portion only, and allocate a high percentage of your portfolio to quality ones like high market cap coins.

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April 20, 2023, 01:46:48 AM
 #51

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

With 10K investment it is better to choose the top coins in market cap they are the safest investment for a long term goal. If you are slight worry to invest on XRP just follow your gut feelings or you might regret it. A few years ago i had invested in XRP and I bought them at $1.18 in 2018 but since then my portfolio with XRP did not recover i ended up selling them at loss and just reinvest it to other much better crypto currency. Do your own research first before investing so that you will not regret it.

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April 20, 2023, 02:17:37 AM
 #52

Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

There are many more Altcoins to choose aside from XRP or ADA. 10K would already be a good investment, you have to be smart in choosing the right coins to invest in for more possible profit. If you are worried in investing XRP then do not  invest on it. BTC, ETH will be a good investment with a great possible income in return just wait for the market to go down that is the right timing to invest and keep it for a long time. Evaluate yourself also if you are longing for a long or short investment.

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April 20, 2023, 09:24:50 AM
 #53

Hi All,

Just an update, appreciate everyone’s input so far. I have done 10k into ADA as it stands, I do have another pot I started back in August as well, this has various coins including eth and is currently up about 4k overall.

I have been in crypto a while but only started in the last bull run so didn’t make any real profits, I have been sitting on the sidelines since waiting for the right time to invest along with doing a lot of research into different projects.

Paul
It looks like you really did what you think is right. Well, I have nothing to say but good luck and hope you make a good profit this time.
You can't expect some members will support you in purchasing ADA as it was not the smart choice ever but yes, it was you who could decide and I think you already know what awaits you then.
Though ADA is not really performing so well, however, this project is one of the promising crypto projects and it possibly pumps during the bull season.

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April 20, 2023, 12:40:12 PM
 #54

Hi All,

Just an update, appreciate everyone’s input so far. I have done 10k into ADA as it stands, I do have another pot I started back in August as well, this has various coins including eth and is currently up about 4k overall.

I have been in crypto a while but only started in the last bull run so didn’t make any real profits, I have been sitting on the sidelines since waiting for the right time to invest along with doing a lot of research into different projects.

Paul
Though ADA is not really performing so well, however, this project is one of the promising crypto projects and it possibly pumps during the bull season.

This is what major concern about it if ADA will perform still the same as today. The years of waiting will be useless with this so If I where the one who will choose in terms of investing on coin. I would rather pick bitcoin and ethereum for long term since they are the one which can give realistic result than other alts. Although ADA have a potential but we can't still figure easily out if this could have a big run the same on what also happen to bitcoin.

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April 20, 2023, 08:11:35 PM
 #55

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??
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April 20, 2023, 09:32:03 PM
 #56

$10k should already let you do proper diversification like those big investment fund company. you can quite literally just diversify some portion of the money into altcoin even following IEO so that you can generate good profit while still relatively in the safe side of investment, basically having higher chance of keeping your money from just losing it overnight.
my advice being, diversification is always essential and it whats gonna determine your loss and profits.
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April 21, 2023, 01:03:17 AM
 #57

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. -#-
So far, even though XRP is very good because there are still problems that have not been resolved, this situation has affected many investors to hold back. but it must be admitted that even though there are problems the community is strong enough to be able to provide encouragement so that XRP is not eroded to continue to fall.
it is estimated that the xrp problem will be resolved properly and can win the lawsuit and it is not wrong to want to invest in it, even though it is gambling but a bright spot has been seen.

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April 21, 2023, 01:38:45 AM
 #58

From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??
I think that you shall read the update that already made by OP. He has been putting all of its money into the ADA. that means if XRP is not get a portion from OP.

Any native crypto can be considered as gray investment caused by bitcoin is the only coin that already been approved by SEC as non security coin. The rest was just security coins at this moment.

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April 21, 2023, 05:08:45 AM
 #59

For me, your choice of coins remains unclear, since you yourself understand that in case of a Ripple loss, the price of an XRP coin may approach zero and nevertheless you are considering it for investment. 3-4 years for investment is a long time, therefore, it is necessary to choose coins from those that after this time will not only remain on the market, but also increase their value.
It is important to make a wise decision considering many things,
because at least that way we can analyze the risk which is good for ourselves,
there are still many decent and safer coins for investment and if indeed for the long term of course the best choice is Bitcoin.
I do believe that we could make a portfolio out of such amount, we shouldn't pick just one. I mean 10k is a good amount to say that maybe 5k for bitcoin is enough, going for full on 10k with it may make it a bit rigid and that is not something we want in investment.

Most crypto move together and that is why we can't really say that it would be a decent thing to do, maybe it sounds like "what if I put it all on bitcoin, they all move together anyway?" type of deal, but at the end of the day we are talking about still a bit of difference and that is why it should be a lot better. I personally diversify it as much as I possibly can and it does bring out a great deal of profit for me when I do that for sure.

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April 21, 2023, 05:10:42 AM
 #60

Quote from: cryptoknightt
From yesterday, XRP is indeed one that will make a profit, but they are not easy to go through. I think it is very risky to invest in XRP because of the problems they are facing. As for ADA, I think it's still gray to invest there. why not in ETH which obviously might have a lower risk than the two??

Yes, the situation of XRP in this season will not help you to make a good income like the way those that invested in Ethereum and Bitcoin  because the price of Bitcoin and Ethereum is very high for both long term traders and short term traders to feel good and comfortable in profits making. I don't think, you will be able to achieve something good from ADA because it will be difficult for the price of ADA to increase higher in that three years, because their team are not active like Bitcoin team. Investing in XRP and ADA will take a long time before you can achieve something little from your holding compare to Ethereum and Bitcoin which will not take you one or two years to make something good.

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