REPORT ABUSIVE REPLY
|
Message Subject
|
The XRP Investor Thread
|
Poster Handle
|
Anonymous Coward |
Post Content
|
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?
Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.
The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.
The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.
I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.
As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.
Anyone else thinking about this or have any wisdom?
Quoting: nemo_solus So very helpful.
|
|
Please verify you're human:
|
|
Reason for reporting:
|