"In any case, investors seeking higher-risk, higher-upside investments may be looking at Bitcoin and XRP ( CRYPTO:XRP) as opportunities to put a bit of new money to work. Undoubtedly, the latter has been more explosive in recent years, rising 474% in the past two years and more than 1,089% in five years. Meanwhile, Bitcoin has trailed behind with a gain of over 330% and 1,011%, respectively, over the last two and five years."
"As a more widely accepted cryptocurrency, Bitcoin, I believe, stands out as the less risky option. And while there's a time and a place for XRP, I do think that those not seeking to jump into the deep end of the crypto waters may wish to stick with the now widely-adopted digital asset. While the level of volatility to be expected with Bitcoin is still high, it's at another level with XRP."
Crypto markets have been consolidating choppily, prompting consideration of the sideways correction as a potential buying opportunity. Bitcoin remains the go-to, widely adopted cryptocurrency and represents a relatively lower-risk option compared with smaller tokens. XRP has delivered far higher returns recently but comes with much greater volatility. Gold and silver are preferred risk-off assets while cryptocurrencies function as risk-on supplements. The rise of decentralized finance (DeFi) could provide practical applications that enable XRP outperformance, though regulatory developments and elevated volatility increase the investment risk profile for XRP relative to Bitcoin.
Read at 24/7 Wall St.
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