Is Ripple a good investment?
Questions for the pro crypto investors. I am new to investing in crypto currency. I recently opened an account with Kraken and bought a hefty (by my standards) amount of Ripple (XRP.) Obviously, I did my research and it sounded like a good investment that has potential for the long run. Now, there are plenty of other crypto currencies in the market and it seems like the information that gets put out there gets diluted and gets confusing. Is Ripple a good investment for the long run or are there different coins that i should be looking at?
Any information or advice will be greatly appreciated. Help a newb!!!
Congratulations @alliydillydally! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPHey alliy! I do think Ripple is a good investment, but only in the long term. It's already being used by banks throughout the world. Every time a transaction is done some of it is destroyed, so it's going to slowly become more rare as time goes on.
Congratulations @alliydillydally! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP