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Author Topic: XRP - Do I need to diversify?  (Read 235 times)
Wikey (OP)
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February 19, 2024, 07:37:42 AM
 #1

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P
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February 19, 2024, 03:02:45 PM
 #2

as i know XRP more than 7 years has not got a big bull run
If you had move to Nervos Network (CKB) or Solona You would make much more profit
E.g CKB 1 month ago was 0.002$ now its at 0.012$  u will never see XRP Flip x6 times more in 1 month
For my self i never invested on XRP and i dont trust it at all
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February 19, 2024, 04:29:20 PM
 #3

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P
I can't see XRP having meaningful pump if that's what you are asking, as it's already so high in the marketcap. There's a good reason it has not moved a lot and and since it's not going anywhere technology-wise either, why it would get more attraction?

And it seems i have to state the obvious here: It's not "cheap" just because one whole coin is cheaper then bitcoin.

But if $1000 is all you got and you want to keep your money in relatively safe asset that's not moving, then XRP is a good choice. No better than btc or eth, as at least with those you have changes to make money. If that $1000 is not a huge amount for you, and you just wanted to look for speculative cheap assets, there are way better choices lower in the top marketcap list.

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February 19, 2024, 04:42:06 PM
 #4

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P
OP I may not be proceeding with all the coins you may be proceeding with. I used to dream a lot about XRP but now all the coins have recovered much of their value but I am not going ahead with XRP as there is no change in XRP price. I was holding XRP but a few days ago I sold that XRP and went ahead with Bitcoin and Ethereum. I think the developers of XRP are not able to properly control their XRP coins due to which XRP may not be making a good position.

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February 19, 2024, 07:08:56 PM
 #5

Where does everyone think XRP will end up this bullrun?

The bullrun is always a good chance for almost some of the altcoin to see another good price movement which we can't give exact value a unit of it can be estimated during the bull run. And other thing that really counts on investment is you should be able to follow your instinct while doing your investment let say you don't have confident in a particular coin and you really want to hold it what you can do is to slice it for another to enable you fill up your portfolios with different coin since you can't really predicts the one to give 2x to x10 during the bullrun. How come I didn't see Bitcoin included in your portfolios does it mean you don't hold any bitcoin? If "No" then you should try and include it to investment it's more safer and trusted than any other altcoin out there.

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February 19, 2024, 11:51:04 PM
 #6

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

If the purchase price of XRP is close to the current one, then it would be the right decision to leave a small part of it in your wallet, and use the money you receive to buy several other altcoins, the price of which has not increased much yet. of the XRP price, but we can say for sure that it depends on how the SEC's lawsuit against Ripley ends.

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February 19, 2024, 11:53:54 PM
 #7

No idea when it is going to pump but if you want to diversify, you haven't mentioned Bitcoin and that's what you have to do. Add it to your portfolio and buy some Bitcoin. If you can't afford to buy it on a one big blow, buy it through DCA method so that it won't be tough for you as accumulate more of it. You have to diversify because you don't have Bitcoin and the market is solely reliant on it when we're in the bear and bull run so whatever is the situation of the market, Bitcoin are being followed by the altcoins.



 

 

 

 

 

 


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February 20, 2024, 12:03:39 AM
 #8

I think personally XRP will go nowhere this bullrun around i mean their lawsuit still ongoing you just don't expect much from that its instead would be better if you just move around your investment but anyway don't take advice from stranger, just find the other coin that you think is good enough, in my opinion ethereum is good enough better performing if compared with XRP and I don't think XRP could even purse ETH these days.
I mean why keeping your money in XRP if there's literally no sign that XRP is going anywhere else.
it would be massive waste of time in my opinion, even bitcoin with huge market capitalization that supposed to hardly move if compared with XRP that have less market cap is now performing better than XRP.
XRP is not really a good investment this time around.

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February 20, 2024, 04:17:47 AM
 #9

See how XRP is trending, how it is developing and whether XRP has any other problems that are keeping the price from moving. But in time all coins will rise, especially as it is approaching the Halving which is an indication for all altcoins to also reach their new ATH. The coins you hold are also coins that I have never held long term except for ADA, XRP and other than that I only do normal trading. But why don't you include other coins like SOL, ETH, LTC and most importantly Bitcoin for the long term.

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February 20, 2024, 05:22:20 AM
 #10

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P

I don't know when you buy XRP and which rate you purchased. If you are holding for some months then it's better to hold until you achieve the goal. I think XRP is still under valued and price should be above 1$ in this stage. I hope XRP will gives you 3x profit in this year if you hold strongly. XRP teams are working to get rid of SEC and rumour says that all work will be final soon.

I recommend to diversify your 1st big portfolio ADA which is looking very weak. ADA failed to provide feature which investors was expecting from it. New projects such as Arbitrum, Optimism ,Aptos become successful and ADA still standing in the same place.









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February 20, 2024, 05:23:49 AM
 #11

XRP is one of the few cryptocurrencies that does not promise shareholders profits or that its price will rise to one dollar or even 10. The company’s goal is cheap international transfers, and increasing the price of XRP means increasing the fees for those transactions, so they will not try to make its price rise sharply because of the impact on fees. XRP is not a long-term investment, but rather a short-term investment to create liquidity for trading.

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February 20, 2024, 05:29:53 AM
 #12

IMO, Not investment advice you should change into a different coin because I did. I started my trading journey and currently, if I hadn't changed it, I wouldn't have gained much in this market.

This is my trading journey - https://bitcointalk.org/index.php?topic=5481549

I changed my trading pair to ETH from XRP. And I didn't regret any of it. I think XRP wouldn't move much because any movement, the developers or big HODLers of it would just dump it in the market, preventing any rise in price.

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..BUY/ SELL CRYPTO..
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February 20, 2024, 05:40:52 AM
 #13

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

Feeling that you have not had a specific plan with your own investment, what was your plan before buying? Or is it simply a matter of buying nonselectively?

I see XRP has momentum to increase in price but I'm not sure our targets will be the same, because the balance between risk and opportunity in investment is always a factor important. There is no advice that you should buy one thing or another, but make your own assumptions about all desired and unsatisfactory situations to be able to evaluate investment behavior. Anyway, I hope you achieve your goals in your crypto investment journey.









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February 21, 2024, 03:55:55 PM
 #14

Just hold it. The last ATH is 7x of current price. Worth to hold, unless you found other coin with better potential return.
And it is already big coin, what do you expect? It is not a new hyped coin which can pump. If you want big increase, look for coin with less marketcap.

Just hold till next year it will go pass its last ATH anyway
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February 22, 2024, 02:36:18 PM
 #15

IMO, Not investment advice you should change into a different coin because I did. I started my trading journey and currently, if I hadn't changed it, I wouldn't have gained much in this market.

This is my trading journey - https://bitcointalk.org/index.php?topic=5481549

I changed my trading pair to ETH from XRP. And I didn't regret any of it. I think XRP wouldn't move much because any movement, the developers or big HODLers of it would just dump it in the market, preventing any rise in price.
Every investor will tell you this, and I believe that the reason for investing in XRP is due to its large market cap value, and the reason for the market value is that there is a large supply of the currency.
The other reason is the promotion of this currency in news channels because for years it was No 3 in terms of market capacity, but in terms of investing in XRP, it is a bad investment in the long term, and no one said that it represents a good investment pair, and even CEXs do not have many XRP pairs.

.BEST..CHANGE.███████████████
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February 23, 2024, 10:04:32 PM
 #16

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P
I think going forward with XRP is no longer acceptable. XRP is not able to make any recovery in its price even though all the coins have recovered roughly during the market pumping. Despite being a very popular coin, people don't even dream of moving forward with this coin as it is unable to recover its price. I used to dream a lot about XRP but I am very sad about the current position of XRP. So I would say if you are planning to invest in XRP then you can change your mind and look at Bitcoin Ethereum instead of XRP.

SUGAR
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February 24, 2024, 05:39:02 AM
 #17

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P
you have a good set there so Maybe keeping them all are much better than diversifying
more and also better to add Solana in those coins you have   and that 1000$ should be kept in coins
that has more than opportunity to increase in the next coming bull market ..
as i know XRP more than 7 years has not got a big bull run
If you had move to Nervos Network (CKB) or Solona You would make much more profit
E.g CKB 1 month ago was 0.002$ now its at 0.012$  u will never see XRP Flip x6 times more in 1 month
For my self i never invested on XRP and i dont trust it at all
and while XRP has a lot to face from SEC so why need to risk here when you can invest
in safer and worth investing .









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February 24, 2024, 09:05:49 AM
 #18

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P

If you have a goal with it, just be patient. I think investing should keep your stance and even if that decision is not as expected, it is still a lesson for a longer journey. With XRP, I think it will come back very strongly in the near future, the surrounding controversy is fading and people are starting to support it more.

Although this is not an investment that I prioritize, I also believe that the next bull cycle can completely reach the $5 threshold, speculations about a completely feasible target are just a matter of waiting patiently waiting for result.

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February 24, 2024, 11:55:25 AM
 #19

Hi all,

I have XRP in my bag, ADA is my biggest then XRP, Algo, HBAR, along with a bit of VET, QNT and Link. My question is being XRP my second largest holding and having not moved much do I take this out and pop it into my other coins I have?

Maybe keep $1000 in XRP.

Where does everyone think XRP will end up this bullrun?

P

From the list of token you have provided there are some top project from the market and some of them have massive upside potential. LINK and XRP can bring you fortune, Algo, HBAR, QNT are also okey but you should be rethink about your ADA position. This project failed to give any positive outcome and its more like a ghost chain that no one use. I think ADA will be irelevent in this bull run like few other layer 1 project like ETC, NEO, EOS and few others.









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February 24, 2024, 02:12:23 PM
 #20

Just hold it. The last ATH is 7x of current price. Worth to hold, unless you found other coin with better potential return.
And it is already big coin, what do you expect? It is not a new hyped coin which can pump. If you want big increase, look for coin with less marketcap.

Just hold till next year it will go pass its last ATH anyway
What's the point of just holding on? I held on and waited for a long time. Finally, if I have no success, my retention will fail. Yes I think XRP is the top coin but the price progress I don't believe this progress bodes well for the future. These top few are slowly losing popularity today due to lack of sufficient expertise and security of XRP developers. But if the developers can provide enough security and efficiency to these coins then I think the latter can make a good position and I don't think XRP will make a good position.

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