Keep Holding On

If you haven’t made up your mind about whether to buy, sell, or hold cryptocurrency assets here are some ideas that will give credence to smart investors.

The pieces are starting falling together, and those that question the viability of this space have no real sense of what’s going on in the background. Long term players know good news when they see it, and the fact that Coinbase Custody is looking into adding some new coins. One of the over 30 assets being explored is Ripple XRP, and this is nothing but good news.

Why is this so bullish? While it’s true that XRP doesn’t need Coinbase, just the fact that it would be part of the Coinbase Custody will result in a pump, and that is great for investors.

That is important news, but more than the pump that will come to these coins when/if this happens is the fact that companies continue to move forward as if they know that these markets will not collapse, and the future of this technology and the assets tied to it will continue to be solid even with the bears and the bulls that bring polarized speculation.

This also indicates that they are preparing for the next bull run as they don’t wish to lose out on possible revenues and if they make the decision to include XRP coins, along with all the other alt coins the have listed (over 30), they stand to pull in a very large part of the crypto assets. This particular move was meant more for the institutional assets they hope to pull in, but this could also filter down to the rest of the investors in cryptocurrency by default.

There is also news out about how David Marcus, who is a big wig at Facebook and the go to guy for their supposed foray into Blockchain technology quitting the board of Coinbase to “avoid the appearance of a conflict of interest,” as reported by Business Insider.

Marcus stated for the record that he loved working with Coinbase and wishes them all the success, but for those who can see the trees and the forest one has to speculate that there wouldn’t be any reason for a conflict of interest unless something big was going on over at Facebook that could eventually put him in that position. Of course this is all guesswork at this point because Facebook hasn’t come out yet with the details of what they are doing, but if you're going to speculate then a smart investor will do so using nothing but facts and a vigorous preponderance of the evidence to reach their conclusions.

When smart, long term players do this with the evidence currently being presented throughout the space, it isn’t hard to see speculation running to the bullish side. Again, more than that, we see that some of the biggest companies in the world are preparing for what will come once this technology matures and the adoption of its vast capabilities all throughout society come to pass.

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