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Author Topic: 10k investment  (Read 2831 times)
SirLancelot
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April 21, 2023, 03:48:40 PM
 #61

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.
I think you probably didn't get it, that didn't mean waiting for 2 or 3 years before buying Bitcoin, what it meant was that if you are buying and holding for 2 to 3 years, you should go for Bitcoin and not any other cryptocurrency. I personally believe diversification is much better, though one should invest about 50% in Bitcoin.

We can't really be sure of the short-term growth of Bitcoin like 1 or 2 years from now, but Bitcoin will eventually be higher in price than now, and if one has got enough patience to hold for long, they should invest more than half of their capital in Bitcoin for sure.
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April 21, 2023, 06:43:43 PM
 #62

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.
Why XRP and ADA when ETH is better than all the current altcoins and the second choice might be BNB.
XRP and ADA lack hype and have been abandoned by their investors.

Bitcoin is the main long-term investment, then ETH and BNB are other alternatives. It is better to choose a coin that definitely has many investors and is clear. rather than waiting for a long time 1-3 years with an unclear coin. Bitcoin next year will also have a Halving event and now is the best opportunity to invest in Bitcoin.
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April 21, 2023, 07:04:30 PM
 #63

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 with 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 returns, however, with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP loses.

P
If you have such a long-term investment plan why not look into some coins that have more long-term potential and a proven track record in the market, that will have less risk and a stable price increase? The best asset for this category that you can earn a good profit on your $10k investment for 2-3 is Bitcoin.

I advise you to buy Bitcoin and hold it for that length of time and this should be the best time to buy and hold Bitcoin, XRP is a good coin but we can not ascertain its long-term potential for an investment of that space of time, you need something more stable and less volatile.

.
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goaldigger
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April 21, 2023, 08:43:48 PM
 #64

That’s a huge amount of capital already and buying top coins can be a good idea.
For me, its better to divide it into two between BTC and ETH because they are the leaders of this market and you don’t have to worry about any cases because these two has been doing great since then. Buying it now can be a great opportunity for a cheaper price, 3 years from now I’m sure you will have a big profit if you will invest on these top coins.

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April 21, 2023, 08:47:24 PM
 #65

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
The two projects are very good and worth investing in, but since you wants to hold for 1-3 years before selling, I think Bitcoin will be the best option here since it is the only coin that have that guarantee for that time range, Altcoins can be doing well and fall once and never recover again, while Bitcoin drive and control the market that is why it is the best.

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April 21, 2023, 09:21:45 PM
 #66

I don't trust any of the two alternatives thinking on long term returns. XRP and ADA can be overcome at anytime by another altcoins which bring their own blockchains concepts as well. From times to times these secondary altcoins are replaced by another original projects, so you should be careful when investing on them for periods of time that go further than one year length.

With 10,000$ you can acquire 0,37BTC right now, which is a pretty decent sum of satoshis to hold for the next bull run. There is potential for x2, x3 profitability with Bitcoin, while with those altcoins we don't know exactly...

Anyway, if you are so interested on XRP and ADA, plus not being able to decide for which of them you will go, why not invest on both, 50% on each? It seems the most reasonable answer to your question.

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April 21, 2023, 09:29:14 PM
 #67

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
The two projects are very good and worth investing in, but since you wants to hold for 1-3 years before selling, I think Bitcoin will be the best option here since it is the only coin that has that guarantee for that time range, Altcoins can be doing well and fall once and never recover again, while Bitcoin drive and control the market that is why it is the best.
The thing is that most people including myself have advised ops to put the money into Bitcoin instead of risking it on altcoin that doesn't have sustainability for the long-term base, and if you ask me I believe ops already made up his mind before choosing those two coins as the projects he wants to choose for his investment journey and unless ops come back here to give his thoughts again after reading the whole thread and suggestion. And I wish the ops the best in this journey and I urge. Him to. Make the best possible decisions because that amount of capital of 10k is something that really needs good analysis to yield the desired result in the long term.

.
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Yamifoud
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April 21, 2023, 09:45:04 PM
 #68

The thing is that most people including myself have advised ops to put the money into Bitcoin instead of risking it on altcoin that doesn't have sustainability for the long-term base, and if you ask me I believe ops already made up his mind before choosing those two coins as the projects he wants to choose for his investment journey and unless ops come back here to give his thoughts again after reading the whole thread and suggestion. And I wish the ops the best in this journey and I urge. Him to. Make the best possible decisions because that amount of capital of 10k is something that really needs good analysis to yield the desired result in the long term.
If Op is not new in the crypto space, he already knows about Bitcoin and the situation of the market but he preferred to choose any of the two, might he have a reason for that? Because if we can just decide for him, these coins are not really in our sights as they would be BTC, ETH, or BNB, and those on the top listed coins in the CMC. Honestly, $10k is a huge money, and putting it into a not profitable investment is literally a waste of money and time, a smart investor can't afford that.

Now, if he pursues what is on his mind, that's his decision as we are made our part already and it's up to OP now to decide.
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April 21, 2023, 10:35:51 PM
 #69

That’s a huge amount of capital already and buying top coins can be a good idea.
For me, its better to divide it into two between BTC and ETH because they are the leaders of this market and you don’t have to worry about any cases because these two has been doing great since then. Buying it now can be a great opportunity for a cheaper price, 3 years from now I’m sure you will have a big profit if you will invest on these top coins.
they're good for invetment indeed, even better for long term but if it's for finding massive profit I think investing in altcoin still required.
random altcoin could give massive increase and profit more than multiple of its values, meanwhile bitcoin and ethereum will of course hardly give that, but they are always good for diversification.
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April 22, 2023, 03:52:16 AM
 #70

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
I think bitcoin is the most amazing investment i believe that you will not loss in bitcoin if you don't sell at loss, 10k is a big capital you can divide it into 3 and invest in altcoins not only xrp and ADA there are still so many altcoins to invest don't invest but i will suggest to select the best by your own research for good.

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April 23, 2023, 03:50:41 PM
 #71

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??
XRP still has their trouble with SEC and I do not think that it will go away soon. I hope that it does, but I would never touch that until it does. Right now, they are seen as a company that created their own credit, which means that just like how you go to any shop that has their own members card or something where you earn points when you shop there, the official ruling is that they could be considered like that and not a crypto company, difference is that their member points are also XRP.

So until Ripple fixes that, we are going to see them having trouble with SEC and maybe even fed at this point if they keep breaking the law according to them. So it is best to avoid them and find something with less problems and more potential instead.
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April 23, 2023, 06:26:49 PM
 #72

Why XRP and ADA when ETH is better than all the current altcoins and the second choice might be BNB.
XRP and ADA lack hype and have been abandoned by their investors.

Bitcoin is the main long-term investment, then ETH and BNB are other alternatives. It is better to choose a coin that definitely has many investors and is clear. rather than waiting for a long time 1-3 years with an unclear coin. Bitcoin next year will also have a Halving event and now is the best opportunity to invest in Bitcoin.

At the same time, if you choose to invest in such heavy coins that have been on the market for many years and have shown hundreds of x's of profit, then you must have a good deposit so that the expectation of several years until this coin grows significantly again is justified. If you invest $500 in such coins, it is as inefficient as possible in terms of developing your deposit, as such coins are unlikely to grow more than 5-7 x's.

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April 23, 2023, 06:40:49 PM
 #73

It was calling shitcoin xrp like 2017 year maybe but not like fun now because you you big assets so choice long trem best coin for your invest. I think bitcoin best option on my opinion even if you can buy lower then you will make a gainer rewards. Remember bitcoin is not a single name it is a brand of crypto market.
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April 23, 2023, 08:10:21 PM
 #74

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
I have a suggestion for you, why don't you choose BNB?

BNB is the coin of Binance - currently the top exchange.

Holding BNB can also allow you to participate in launchpad and launchpool programs

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April 23, 2023, 09:17:10 PM
 #75

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.



When it comes to investing in Cryptocurrency when in doubt don't, you should invest with money that you can afford to lose and you should invest with confidence and peace of mind, that is why the majority of us here only recommend Bitcoin because it has already proven its worth in the market over the years.
If you prefer to invest with XRP be sure to follow every update about XRP so you'll know your course of action when you get a hint that they are going to win or lose the case.

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April 23, 2023, 09:49:09 PM
 #76

It was calling shitcoin xrp like 2017 year maybe but not like fun now because you you big assets so choice long trem best coin for your invest. I think bitcoin best option on my opinion even if you can buy lower then you will make a gainer rewards. Remember bitcoin is not a single name it is a brand of crypto market.
This is the safest coin to hold for long term, if you want to make profit from a lesser risk investment them better to choose Bitcoin. Though I see a bright future for XRP as I’m expecting a good result from their SEC case, it is still not guaranteed and still have a big risk while ADA is not having a great update as well so the best option should be the top coins, ETH is also a good option.
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April 23, 2023, 10:39:24 PM
 #77

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 compared to Ethereum and Bitcoin which will not take you one or two years to make something good.
Aside from his investment taking longer to be at profits with ADA or XRP, you should also point out the risk associated with those altcoins such as the possibility to lose everything within that space of 2-3 years and this has been proven with many coins who look so promising but at the end, melt down to zero and that is against long term perspective so I advise you only take altcoin as a gamble and risk on a short term and ride with the hype.

If you want to take a shoot against altcoin, you must have a short-term mentality and at the same time be able to ride with the hype to make something tangible or you lose everything including your invested capital because many of them are just pump-and-dump projects that lack long term viability and liquidity + userbase that could sustain them for a while in space of 1,2,3 years or even more.

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April 23, 2023, 10:57:56 PM
 #78

That’s a huge amount of capital already and buying top coins can be a good idea.
For me, its better to divide it into two between BTC and ETH because they are the leaders of this market and you don’t have to worry about any cases because these two has been doing great since then. Buying it now can be a great opportunity for a cheaper price, 3 years from now I’m sure you will have a big profit if you will invest on these top coins.
OP already gone fully to the ADA. The price of bitcoin and ethereum are also volatile. Investing in ADA looks like the same investing in ethereum or bitcoin. These coins are still very volatile. The bitcoin dump has been making the price of ada to be dumped as well. To be honest if ada was just a blockchain with so many gimmick. i think that there's no reason to buy it. OP may have different opinion about it,

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April 23, 2023, 11:14:17 PM
 #79

...

3 years is a long time to invest in altcoins. If I had invested my $10,000 in any altcoin and waited 3 years, I would have thought I had lost my money. Still, of the two options, I would prefer ADA. Since XRP is centralized, I would never trust it. If I have to make a positive comment about ADA, Charles Hoskinson is an intellectual man who really has a grasp on both the world and cryptocurrencies. He is one of those who saw the potential in the African continent long ago.

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April 23, 2023, 11:55:24 PM
 #80

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
XRP and Q Blockchain or NEAR would be my bet.
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