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RE: Almost ALL IN into BTC and EOS...

in #cryptocurrency6 years ago

It's about how much is BTC down from its previous ATHs and how much is XRP. This what I am betting on with the cheap XRP. If I invest for example 1000 dollars in BTC I get 0.14 BTC and supposedly I sell that amount at the price of $20,000 per coin I will have a profit of $1,800. If I invest $1,000 in XRP I get 2859 coins and if I sell them at $3.25 I will have a profit of $8291 considering that I will sell the coins at the past ATHs and not any other prices. That's what I had in mind: the potential profit. For a small investor like me alts seem more profitable.

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No I understand, I did interprete expensive in another way!
Thanks for the explanation!
Makes sense now and time will tell if it was a good gamble or not!

It a good idea but also highly unlikely. Ripple has a huge supply but little price. It be much harder to 2x.