Is Ripple coin XRP a good or bad investment?
I was thinking about Ripple coin and it's impacts on the world as we know it and put it on a small video so I could get some feed back about my ideas. Hope you like the video and share your thoughts about the thing that I said here.
I've been making this contents so i can get more engaged in this crypto world ans since i'm pretty much new here I think that sharing my thoughts would be the best way to get more people conection with my self about the matter.
Thanks
Follow me:
Steemit:
https://steemit.com/@g1984
Twitter:
https://twitter.com/Crypto_Gui
Cloud Mining:
Get a 3% discount on you cloud mining contract using this code “Q4AkJD”
Genesis Mining - www.genesis-mining.com
Buy Bitcoin:
https://www.coinbase.com/join/59788f97e958bd028944b51c
💰 Secure your Crypto with Hardware Wallets:
https://www.ledgerwallet.com/r/ef60
For donations:
Bitcoin:
1PzdfEmjp4a15mhba9Wak2vHyWBQ3wnCG
Ethereum:
0xE7c74E54DDA62FDf10Aaa5D1f40b2Bc30d115C62
Dash:
Xx38gtynz9tUHscwCSvTq5EA88qe4j6UfN
Litecoin:
LPMGUoBs68MnoJANgfmvZp31h88xvhkPiz
Ripple is really controlled by banks and news that are coming out of the banking system. So buy and hold would be the right strategy if you think more banks are going to join ripple.
Nice.... what coin do think is the best one to invest? anyone in particular?
Ripple seems like an interesting choice but so far it has been underperforming versus other crypto's ever after it's huge rise. Ripple also has a large market cap already, so if you are looking for big gains you have to bet on Ripple becoming bigger than Bitcoin atleast. Lastly, the main concern with Ripple is that banks are adopting Ripple usage but NOT the usage of XRP. This means they are basically using the blockchain technology, but not the XRP tokens that are for sale on marketplaces. If you invest in XRP, you aren't betting so much on Ripple rather than betting on the banks eventually switching from the Ripple Ledger to actually using the Ripple XRP tokens. That last part seems to be where the uncertainty lies.
Hi. I am a volunteer bot for @resteembot that upvoted you.
Your post was chosen at random, as part of the advertisment campaign for @resteembot.
@resteembot is meant to help minnows get noticed by re-steeming their posts
To use the bot, one must follow it for at least 3 hours, and then make a transaction where the memo is the url of the post.
The price per post is the author's reputation, devided by 1000.
(For example 44 reputation means minimum 0.044 SBD or STEEM.)
Even better: If your reputation is lower than 28 re-steeming only costs 0.001 SBD!
If you want to learn more - read the introduction post of @resteembot.
If you want help spread the word - read the advertisment program post.
Steem ON!
I like to invite you to the $ 1 raffle at steem.
See here: https://steemit.com/steem/@chocolatoso/win-1usd-steem-idea-only-upvote-1-2017729t143649458z
Interesting post. Really appreciate you bring this to our attention. The quality coins are here to stay and it's like buying in at the S&P 500 50 years ago. Cryptos will fall and rise at a more rapit phase any investment market has ever seen. Just hold (literaly) and enjoy the ride. We really need more insights in the market and previous investment results. Besides coinmarketcap.com there is: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Check for example: https://www.coincheckup.com/coins/Ripple#analysis For a complete Ripple Research report.
Hey man. Ive really learned a lot from your videos. They all have really good information and are explained thoroughly. This one in particular got me into the crypto world. Thanks for the good information! Hope to see another video soon!