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CSC or Bitrue coin

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which is better.. sell all CSC and invest in bitrue's new coin or invest more in CSC?

will CSC go up before bitrue?

if i sell CSC for bitrue, CSC will skyrocket but if i dont, bitrue will skyrocket

so how do i do both without doing anything at all? :JC_thinking:

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On 5/24/2019 at 5:11 PM, XRPto50dollars said:

which is better.. sell all CSC and invest in bitrue's new coin or invest more in CSC?

will CSC go up before bitrue?

if i sell CSC for bitrue, CSC will skyrocket but if i dont, bitrue will skyrocket

so how do i do both without doing anything at all? :JC_thinking:

Good question!   What did you decide?  BTR trading starts later this week, and I haven't been able to pre-buy yet due to US citizenship, but I can trade once that starts.  There are many incentives to buying BTR, and it certainly could appreciate quickly.  I also feel some "loyalty" to Bitrue given their favorable treatment of XRP.  Will BTR follow BNB's path?

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Posted (edited)
1 hour ago, Sharkey said:

Good question!   What did you decide?  BTR trading starts later this week, and I haven't been able to pre-buy yet due to US citizenship, but I can trade once that starts.  There are many incentives to buying BTR, and it certainly could appreciate quickly.  I also feel some "loyalty" to Bitrue given their favorable treatment of XRP.  Will BTR follow BNB's path?

 i think ultimately, BTRs price "has" to go up seeing its the exchanges own coin. The more its used, the higher the price. now, bitrue isnt nearly as big as binance, so i doubt BTR will ever hit $40. the question is, what will the opening price be? whatever it is, im sure its going to go up initially as people who couldnt buy before, start buying. but as with every investment, theres bound to be a price drop. for the first month, BNB remained flat, then shot up. many people bought in at $3 only to watch it crash to .70. im sure many sold in fear. big mistake (easy to say after the fact).

i think CSC is the winner in the long run. so cheap, you can buy more CSC than you ever could XRP. 

if you spend $500 on BTR at .06, thats 8,300 BTR.

if you spend $500 on CSC at .0007, thats 710,000 CSC.

at just .10 CSC, youd have $71,000 compared to just $830 BTR

BUT you have to consider CSC will probably take MUCH longer to hit .10 so either way you win. if BTR skyrockets, you could just reinvest into CSC and have more CSC than you could ever imagine. if CSC skyrockets first, then it shouldnt matter because technically you should already have a position in CSC

so.. id say BTR is the best investment right now based on 

1. CSC will probably take years to hit $1 yet alone .10

2. BTR will probably go up in price no matter what seeings its bitrue's own coin with so many incentives

3. if you already own 1 million CSC or more, the key here is diversifying. 

i think BTR could probably hit $5 max for the next couple years. $41,500 profit off of a $500 investment? cant beat that. and again, even if CSC were to hit $1, the game here is to make money no matter what.

 

personally, id forget 'loyalty'. it only goes one way with investing. what are your thoughts? BTR or CSC?

Edited by XRPto50dollars

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9 hours ago, XRPto50dollars said:

 i think ultimately, BTRs price "has" to go up seeing its the exchanges own coin. The more its used, the higher the price. now, bitrue isnt nearly as big as binance, so i doubt BTR will ever hit $40. the question is, what will the opening price be? whatever it is, im sure its going to go up initially as people who couldnt buy before, start buying. but as with every investment, theres bound to be a price drop. for the first month, BNB remained flat, then shot up. many people bought in at $3 only to watch it crash to .70. im sure many sold in fear. big mistake (easy to say after the fact).

i think CSC is the winner in the long run. so cheap, you can buy more CSC than you ever could XRP. 

if you spend $500 on BTR at .06, thats 8,300 BTR.

if you spend $500 on CSC at .0007, thats 710,000 CSC.

at just .10 CSC, youd have $71,000 compared to just $830 BTR

BUT you have to consider CSC will probably take MUCH longer to hit .10 so either way you win. if BTR skyrockets, you could just reinvest into CSC and have more CSC than you could ever imagine. if CSC skyrockets first, then it shouldnt matter because technically you should already have a position in CSC

so.. id say BTR is the best investment right now based on 

1. CSC will probably take years to hit $1 yet alone .10

2. BTR will probably go up in price no matter what seeings its bitrue's own coin with so many incentives

3. if you already own 1 million CSC or more, the key here is diversifying. 

i think BTR could probably hit $5 max for the next couple years. $41,500 profit off of a $500 investment? cant beat that. and again, even if CSC were to hit $1, the game here is to make money no matter what.

 

personally, id forget 'loyalty'. it only goes one way with investing. what are your thoughts? BTR or CSC?

Well as you’ve outlined, they both have some potential merit.  CSC is one of those coins that you can stack up cheaply now and truly forget for a few years.   I am guessing that BTR’s appreciation will be at a faster pace, given the incentives offered by the Bitrue exchange and potentially wide trading.  As a US citizen, I haven’t been able to get any BTR yet, with the exception of the “rebates” for trading on the exchange. And I agree the initial trading will probably spike the price massively, but I wish I could accurately guess about if or when it drops.  I think your analogy to BNB is interesting, so maybe it would be reasonable to make an initial smaller trade just to accumulate some coins and then wait to grab more if/when it drops.  Good luck!  

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