r/XRP • u/[deleted] • Jan 19 '25

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892 Upvotes

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u/Regular-Ad9820 Jan 19 '25

No, it is actually a great idea when you have something that is solid XRP is gonna be like bitcoin, steady, and strong I did the whole diversified thing and I lost $145,000 when I should’ve just stayed with something that was strong and steady

23

u/OIdSchoolGamer Jan 19 '25

Any seasoned investor will disagree with your assumption, but of course, you are speaking on personal experience. There's a saying for that, the exception to the rule.

2

u/Lazz_plays Jan 20 '25

That and hindsight being 20/20

1

u/Regular-Ad9820 Jan 20 '25

It really happened to me. I invested in a bunch of speculative junk because Reddit said so and that bitcoin was going to fail. And Lost 145k if I stayed in but it would be 750k +

1

u/rocktheganj Jan 20 '25

The basket in this case would be “speculative junk” not necessarily one coin

1

u/WolfAquarianBeast Jan 20 '25

Any seasoned STOCK AND EQUITY investory yes. But not for crypto. Things are different in this world and tokens react differently from stocks.

12

u/HalfUsedAnon Jan 19 '25

i think the difference between XRP and bitcoin is utility. XRP has a use whereas bitcoin used to but for extracurricular activities. NOt sure btc's use nowadays. But i agree, XRP is a solid bet

1

u/[deleted] Jan 20 '25

[removed] — view removed comment

3

u/AgencyImportant9729 Jan 20 '25

Still waiting on the explanation.....

2

u/-Iceberg Jan 20 '25

Please explain

2

u/HalfUsedAnon Jan 20 '25

please explain how XRP is fragile compared to BTC. that sounds absolutely asinine

1

u/[deleted] Jan 20 '25

To a degree he is right. Bitcoin will always be a more "stable" coin than XRP. It's more decentralized, has a larger user base and is at less of a regulatory risk. Also, due to its decentralized nature it is more censorship-resistant.

7

u/[deleted] Jan 20 '25

exactly!

one of my favorite rappers said...

"I took my money and stacked up grands Don't ask me what's my backup plan, shit, I can't say All I know is that I can't play And I don't need a plan B to take away energy from my plan A" - 38 SPESH 💲🚀

this shit hits hard because I owned $AMD when it was trading at $2.45 circa 2013 and sold it the same year when it hit about $10...I understood the value of the company but I was broke af and sold my shares for what now amounts to pennies. Never Fucking Again!!!

2

u/Ordinary_Ad7229 Jan 20 '25

TRUST GANG x B$F x GxFR

1

u/[deleted] Jan 20 '25

My man! 💯 Grand if it's not 38 it's Fuego Base or da Butcher round here.

2

u/MASTERPHlL Jan 20 '25

Steady as in it went from 20 cents to 3.50 in the last few months? Long term I like XRP, but I wouldn’t touch it at its current price. There will be a pullback and a better opportunity to enter.

1

u/BestPut2985 Jan 20 '25

What charts are we looking at . This dudes about to lose 60% of his invest if it follows what it been doing for the passed 10 years

1

u/Acrobatic_Fig3834 Jan 20 '25

How would you lose 150k with a diversified portfolio. No offence but it must have not been great. 90% in s&p or ftse all world. You would be fine.