Ripple as an Investment
Hello Steemit! In this video, I cover my perspective on Ripple. While it may be a good investment, I am not sure I will be putting anything into it. I may change my mind, but there are a lot of other good investment coins out there!
Genesis Mining: https://www.genesis-mining.com/a/715619
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Ripple has always had the inherent risk of Ripple inc dumping - and the risk still exists. I had no XRP, but I don't regret at all. I think I made the right decision. If you evaluate the risks and make careful, informed decisions, you will miss many pumps, but also avoid most of the dumps.
Ripple has risen for 5000% for the past three months only , with Bitcoin only 280% for the past year, definitely the best performing crypto recently.
Thanks for the review! What are your thoughts on Stellar Lumens?
Thanks for the info about Ripple it seems like something I could do well with as a grab and forget about(my favorite kind) of buy. Also I checked out Genesis Mining and decided to try it out and I slapped your code in there for the discount. So thank you twice. ;)
You're welcome. Thank you for watching!
So many coins doing big things at the moment, Ripple is definitely one of them!
I just find Ripple too expensive now, it is just too big a bubble right now
agree!
bitshares can do anything that ripple does in a decentralized way and much more...The risk of dumping XRPs is huge whether bitshares whales have locked their funds in collateral and do not sell a single one even after the huge rise in price in all time high..Because most bitshares holders know that bts price will rise above anyone's imagination very shortly..
The fallacy bitshares people and investors have fallen into is that technology equals adoption. It does not. Ask big bankers if they've heard about bitshares. They haven't. Ask if they have heard about Ripple, chances are they have.
When a product can't find it's way into the hands of a consumer, due to a failure in an area of business strategy, usually doesn't matter if the product is better. Bitshares is a better product that can't find it's way into the hands of large institutional banks, and they probably wouldn't trust it because it doesn't come from the corporate world they are used to.
Bitshares people need to change strategy. Their technology is just fine, but to advance their platform, they need to branch out into getting their product used by real businesses. Businesses don't usually adopt the best technology, I have worked at several. Very often they adopt what a salesman is able to help them integrate, which usually isn't the best.
Very good post. Thanks for bringing this to our attention. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? This is quite an interesting website I found: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Go to: https://www.coincheckup.com/coins/Ripple#analysis To see the: Ripple Investment research.