To invest or not in Ripple?

in #cryptocurrency7 years ago

At the time of publishing this post the ripple had a value per unit of $ 0.25.

DQmQo4Mfm51MPzBhnGL8AeEpjkiMygzN2zciCwV6KSXYgzM.png

Since the beginning of October the currency has had a remarkable increase of approximately 20% in its value and surpassing thus the 10 billion dollars in world capitalization and still continues with an upward trend.

What is the reason for this increase?

Everything seems to indicate that the increase is due to the alliances that are having ripple in South Korea, where 3 major
exchange houses are making big moves with the XRP / KRW pair.

But that is not all, for the days 16 and 17 October 18, a conference is expected to be held in the city of Toronto, Canada.

This event will be made big announcements inform the CEO of ripple.

chart (1).jpeg

Is it time to invest?

I think that if it would be a good time to invest, in fact I have a small amount of this currency saved, and the currency is expected to increase even more its value at least until the dates of the event.
This is where the famous trading comes in, buy cheap sell expensive.

(I want to clarify that this is my opinion, I do not say so they go running to buy Ripples)

Source:

1
2

If you liked my post, follow me and know more news like these, recommendations and more @mike26

Sort:  

Before i research about this Ripple thing, i could easily say Ripple will be one of the game changers in blockchain industry and i really dont know why i felt this but i guess that was a true feeling...

The South Korea effect is even greater due to Chinese money moving toward south korea!

So is! friend.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 59190.54
ETH 2521.17
USDT 1.00
SBD 2.53