Building up my XRP stack.

in LeoFinance4 years ago

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But am I mad?

I say that as Ripple vs SEC is far from over yet. It is 100% a bet on my behalf but a bet I feel that is worth making. Today Ripple is trading at approx €0.44c. Where will we see it go in the medium term? I've read some analysis that would suggest $5 in 2023. I have also seen some other figures like €100 but in reality O feel these are a bit too optimistic. My bet is on either Ripple inc coming to a settlement with the SEC or the case being dropped. Either of these 2 scenarios could well be a launch pad for $5 Ripple. If however the case sees Ripple found guilty (which is possible yet unlikely) we will more than likely see a drop in price.

There is an excellent article in Forbes which is well worth a read.

So what do you think Leofinance? Am I cracked, or could this be a good investment for 2 - 5 years?

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I am not a fan of XRP, but I agree with you. This is far from over and I have a feeling the moves by the exchanges are not going to be permanent.

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