Bitcoin or XRP Ripple, and why?
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XRP holders do not care who holds what crypto, we did our homework, that is why we hold what we hold.
It was designed to work with the banking system and move value, that is all. Ripple and XRP were formed to replace swift and the Petro dollar and the Ripple white paper came out 2 years before BTC's did.
I bought thousands of dollars of XRP , I know nothing about it or how all this world but I trust the advice of a Fren on here and my son told me to buy . So you ageee it was good idea to buy , im thinking of grabbing more ;)
Regulations for ISO20022 and BASILL and stable coins will be in by the end of the year and then utility kicks in, should make pretty interesting times.
Do not get me wrong, I believe Ripple and XRPL were created to be the financial prison that will be almost impossible to escape, but if you know what it is and that it’s coming and there’s no way around it, might as well make some money along the way.
XRP - Transactions close in 4 seconds vs potentially hours for Bitcoin. It’s the perfect replacement for Swift.
50% of XRP is owned by the ripple corporation. They could rug pull at any time.
5% of bitcoin is owned by satoshi. No one knows if he is even alive.
You don’t have the board of directors that they have for a meme coin, funny maxis do everything possible to take down Ripple.
That person per the SEC on video is 3 NSA employees and 1 banker.
This 100%
Stack sats.
Bitcoin
XRP is the fiat currency of crypto
The transaction fees for bitcoin are horrendous. I used it once and never will again.
What is horrendous? Over thenlast 2 months on average just $ 1.40 per transaction.
https://ycharts.com/indicators/bitcoin_average_transaction_fee
I am paying the bank 5 dollars a month just to have an account. Fuck'm.
Utility
If you have to ask this question, I recommend you don't invest
Depends on how the trade is formed.
BTC can be done with 40% leverage at quite a cheap price. take a price diff of 500-$ every day which is quite feasible and you are well off in a couple of months if you could start with a 1000.
Of course it takes a bit longer when starting with a 100 or 200, but it can be done. At the current price 500 hardly register. A 1% price difference is a 1000.
So, learn to trade, and by preference: decentralized.
one trade a day: 500 $ price diff and you will be knocking it out of the park.
XRP is not meant for that. It is bank oriented and it needs stability.