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Maxtron73

BTC and XRP : Which of the two for long term do you invest in ?

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Hi. both bitcoin and xrp I currently own. a fairly large number. and i have a long term holding plan with them. I am ready, 3 years 5 years or 7 years 10 years I am ready. Bitcoin is currently valuable, nothing worth mentioning. As for xrp, I just collect more and expect it to increase its value even more, it's currently low

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I invest for long-term retention only in XRP, the more you invest in this coin, the more chances it will grow, bitcoin is very stable right now and investing in it is stupid.

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For me, I prefer to invest in bitcoin only and completely, Ripple is one of the best cryptocurrencies and it has a wide popular base and great support and many partnerships with international banks, but I believe in the future of bitcoin.

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Absolutely btc. No coin in better in long term investment than bitcoin because if you invest in it then it will give you much bigger profit than any other coin.

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Both are good but for me i will invest in bitcoin. The good of bitcoin is that you will be profited even if you hold small amount, but if you will have big amount and by when price is down then sell when price is up, you will earn a good money.


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I invest in the long term definitely in bitcoin and in relation to xrp I use it for medium term trading and I think this is the best decision to make a good profit


 

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After observing the Ripple chart, I guess I would choose to keep 100% bitcoin, Ripple has fallen in price over the past years a lot against Bitcoin.

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I have bitcoin in the first place and Ethereum in the second.XRP has potential. At the moment I don't have any extra money but if I did I would definitely also invest in XRP for a long time. The price to buy now is good.

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I think I will choose the bitcoin but due to lack of enough capital, I will go with ripple. Ripple have a good technological plans like the bitcoin too, which I will prefer if I have enough capital.


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Both coins have mush share in crypto market. But i will choose bitcoin over xrp. Bitcoin have great success rate and its prize will increase up to 100k in some year. 

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Without being too much of pondering, it is preferable to choose bitcoin than the ripple for long term Investments, bitcoin is more volatile and easy to bring more Profits

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Well the coins are great coins with good potentials, but bitcoin is more expensive and without much capital you can't make enough profit, so if you have much capital go for bitcoin, but if you have less go for XRP.


 

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Certainly Bitcoin is better for investing but this depends on the amount you want to invest if it is small xrp is also good

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Bitcoin price is now much high and increasing due to the halving events hipe and xrp price now not much volatile from last eight days it means now xrp can be pumped at any time when altcoin market performance well xrp are good choice of long term investment because its price now much low then in few month's ago.

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I think if XRP investment is good then I will choose Bitcoin for long term investment. Bitcoin is a much better currency than XRP in terms of long-term investments. If the price of Bitcoin goes up, the value of XRP will go down, in which case Bitcoin is the best currency.

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8 hours ago, Blessing36 said:

For long term investment or short term investment both scenarios bitcoin will still be the best to invest in it because the fluctuations in bitcoin are very noticeably and you can really see your profits

Yes, but they are both risky, since XRP market is unstable as well, so I prefer day trade in this market for me to sure I will not lose too much.

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4 hours ago, EZAZ1212 said:

From my perspective I would say that Bitcoin is a fluctuating coin so if you can do frequent trading can make a good profit on the other hand ripple is a stable coin so it will be good for long term trading.

Both of them are good for long term plan. Ripple is not stable. It has some fluctuations but not in the same way as bitcoin. People usually invest in Ripple because they think it will rise to $1 soon but this is just what online experts say and there is no guarantee for that. Bitcoin supply is more limited compared with XRP and will rise more in the future. If you want more profit, choose bitcoin because Ripple is very resistant against rising and it takes months before a few cents are added to its value.

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For me if we do have good Investment then i would choose Bitcoin over xrp, because the Bitcoin up down is big and we can have good profit from there but as we have seen some bull run from xrp so Bitcoin would be over xrp.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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15 hours ago, Ridam said:

For me if we do have good Investment then i would choose Bitcoin over xrp, because the Bitcoin up down is big and we can have good profit from there but as we have seen some bull run from xrp so Bitcoin would be over xrp.

I too will prefer bitcoin, ripple has seen greatest growth than bitcoin in the past but it isn't like that again, things changed for ripple maybe it has to much supply that really affected it to fall than expected. I will like to hold bitcoin because it will be more profitable this time around. 

15 hours ago, Ridam said:

For me if we do have good Investment then i would choose Bitcoin over xrp, because the Bitcoin up down is big and we can have good profit from there but as we have seen some bull run from xrp so Bitcoin would be over xrp.

I too will prefer bitcoin, ripple has seen greatest growth than bitcoin in the past but it isn't like that again, things changed for ripple maybe it has to much supply that really affected it to fall than expected. I will like to hold bitcoin because it will be more profitable this time around. 

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Bitcoin is definitely s much better long terms investment. To be honest i am not convinced by the ripple coin and as far as i can see the ripply coin is really struggling and i think that bitcoin is the most used and most popular crypto and as a result it is likely to have the highest value in the foreseeable future therefore i think that for long term investment there is nothing that can outmatch bitcoin.


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I have my own method of long investment, as I rely on famous currencies that decrease and rise quickly for short investment. As for low-priced currencies such as Ripple, they need a long time to achieve the required gains, so I use them for long investment.


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In my opinion, the best investment would be in both of them and even more cryptocurrencies, so don't forget to diversify your assets when it comes to investments.

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I think that bitcoin has more chances to grow in price since it will be popular for at least another 5 years, and XRP may be forgotten in 1-2 years.

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I rather invest in bitcoin than any other altcoins so the choice for me is clearly bitcoin, btc is the one coins you can always trust in and be comfortable holding even in worst market condition, altcoins lose a lot of value during market downtrends.

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The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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