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Bitcoin explosion and ALT coins thread

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Thoughts on utilizing the smart contracts feature in Coinbase wallet to earn interest?
 
If anyone was interested in buying bitcoin, it just went below $0.049.
 
Whole market is dumping today, most likely because people are worried about the XRP court case starting tomorrow.
 
India banned crypto. that's probably the reason for the downturn.
 
I'm thinking of putting 1k EUR in each of these and forget about it for a long time: XRP, ADA or XLM.

It is extra money I can afford to lose. What do you think?
 
I'd buy BTC or ETH instead
Maybe ETH I could get a couple of coins, but BTC only a fraction. If the others that are currently under 1$ have the potential to reach even 10$ that would be huge gains. Or is this not likely?
 
Maybe ETH I could get a couple of coins, but BTC only a fraction. If the others that are currently under 1$ have the potential to reach even 10$ that would be huge gains. Or is this not likely?
i dont know enough about those others but bTC and ETH projected to go to 100k and 10k respectively
 
Maybe ETH I could get a couple of coins, but BTC only a fraction. If the others that are currently under 1$ have the potential to reach even 10$ that would be huge gains. Or is this not likely?
Fractions or not, you are simply looking at your rate of return and Bitcoin still seems the most promising with some billionaires thinking it will hit $100k. Corporations and governments are now carrying Bitcoin in their portfolios and mainstream talking heads are talking it up as a hedge against the market and a better investment than cash. It has flirted with $50k off and on for the last couple weeks and will likely hit it by the end of this week.
 
I'm thinking of putting 1k EUR in each of these and forget about it for a long time: XRP, ADA or XLM.

It is extra money I can afford to lose. What do you think?
I think ADA has the most potential. I'm more skeptical on XLM and XRP. XLM feels like a stop gap for centralized finance and defi, while XRP has that lawsuit going on, and from what I've read, there could be a case for it being manipulated by a central source and thus classified as a security.

I would diversify like this: 1k in the safer crypto with lower ceiling (10x) like bitcoin, the other 1k in a protocol crypto with medium upside like ETH or ADA (20x to 30x), and the last 1k in a higher risk higher return crypto (possibly 100x) like vechain or Algorand.
 
I think DeFi will cause more countries to enact laws that will be against crypto, since they're afraid of what they can't control.
 
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