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RE: If You Don't Trust Bitcoin and Aug. 1st - Hedge with SBD

in #bitcoin8 years ago

Why just LTC and SBD? Why not buy some Ripple (XRP), as well. Ripple is partnering withsome of the most prominent banks and financial institutions to facilitate cross-border payment solutions. If global brands like Standard Chartered, Bank of America Merrill Lynch, Royal Bank of Canada etc. are showing confidence in it, its no wonder it has seen a 3000-4000% growth in the last few months. Best of all, it still has a ways to go before it reaches its full potential. It's a must-buy, if one is thinking of holding long term.

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I have seen some banks adopted ripple but the time to invest would have been before the banks started to use it so i benfited from the 4000% increase i might invest in namecoin that seems to have potential, do you hold any cryptos @fuchsia.ink ?

I'm a newbie to this fascinating world of cryptocurrency! Still trying to find my bearings. I have started building my portfolio with a little bit of ethereum, some bitcoin and some neo and plbt. I'm planning to put some money into ripple and maybe sia coin. What abou you?

essentially we are looking at short term trading options to help mitigate loss and potentially making a profit.
I see SBD being a near guaruntee to hedge against in case bitcoin plummets.
LTC should also be a solid move due to it being a currency in nature and 2nd to bitcoin

Although I find ripple to be a long term investment. I don't believe this down trend has ended. The large XRP holders are central figures and full of manipulation
thanks for the comment

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