XRP and Doge Poised to Surpass Bitcoin, With One Hitch: According to Traders
Cryptocurrency trader, Josh Rager, believes that smaller altcoins like XRP and Dogecoin may outperform major cryptocurrencies like Bitcoin and Ethereum in the future. While most investors still view Bitcoin as the most profitable crypto asset in the next few years, Rager suggests that smaller coins have the potential for higher returns. However, he also advises caution and recommends allocating the majority of capital to Bitcoin, which he considers a safer asset. Rager warns against high-risk investments that could lead to losses in the unpredictable crypto market.
Additionally, Rager addresses the question of whether Litecoin is a safer alternative, stating that nothing is safer than Bitcoin. He highlights Bitcoin’s relative safety and stability regardless of its return on investment. As of now, Bitcoin is priced at $30,343, Ethereum at $1,872, BNB at $235, Cardano at $0.284, XRP at $0.467, and Dogecoin at $0.063. The future performance of these cryptocurrencies is yet to be determined.
Overall, Rager’s viewpoint challenges the popular belief that Bitcoin and Ethereum will remain the most profitable crypto assets. He argues that smaller altcoins have the potential for higher returns, but warns investors to prioritize safety by allocating the majority of their capital to Bitcoin. While the cryptocurrency market is known for its volatility, Rager’s insights offer guidance on navigating the market’s turbulent currents.
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