Why I Buy Bitcoins and Why Not Go To Ripple

[PALM]

Hey I want to buy cryptocurrency, most of the people told me to buy Bitcoin, but when I checked the last 5 years performance of Bitcoin then its down, so can I go to buy Ripple or other cryptos you suggest

Thanks

[sashavich04]

Well, I must notice that the choice is only up to you. But if you're newbie and you’ve just entered the crypto market, then, probably, it makes sense for you start with Ripple. Of course, Bitcoin is good investment as well, and it's widely used by people, but it's very risky. This coin is highly volatile and you should gain some knowledge and experience before you start dealing with BTC. So, as for beginning, try to buy XRP. Only after you feel you can go to the next level, switch to Bitcoin. But keep in mind the fact, that you’ll be needed to make a deep research and be very careful.

[Aya]

If you want other cryptos, you can consider Ethereum. It is also a good investment. But you can still go for Bitcoin. Since the price is down, it's actually a good time to buy. Then just wait for it to rise again. Do more research and weigh which coin you'd want to invest in. Investing in multiple coins is also not a bad idea. Just make sure that you are careful in your decisions.