I don't understand why BTC is too expensive. If you do invest x amount in RXP, you could also have invested X amount in BTC. Your investment stays the same, the only downside is that you don't have so many coins of BTC compared to XRP, but the investment stays the same.
I can understand that it feels strange to invest X amount and only get 0.0XXXX BTC compared to 2000 RXP for instance.
Cheers,
Peter
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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.
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.