Why Ripple could prove to be a good choice for your investment?
So, basically Ripple is the parent company to XRP the cryptocurrency which was ultimately designed to enable lightning fast and direct transfer of money between two parties and this is actually really huge because it solves a huge worldwide problem and it basically allows people to transfer money to each other or through banks at such a low cost and such a fast speed which is really revolutionary in this day and age with technology and a lot of money just ultimately being virtual.
Ripple is a top three coin and why is that important? It's important because when something has such a large market cap like this, there's a much higher trading volume, people are buying selling coins every day, the coin is a lot more stable.
So you don't have to really worry about these coins being pump and dump schemes or anything like that.
The market itself is so volatile, things will always be going up and down, that's not something you should worry about. And I think if you are in for the long run, it should be something you're worried about in terms of investing.
If you look at the US stock market now it's worth about $30 Trillion the total market cap, the total volume.
Right now the cryptocurrency is about $336,806,919,641 and it has steadily been growing over the years with all these cryptocurrencies being created and Bitcoin going up and all these cryptocurrencies going up.
I think as long as you look at it in the long term and just kind of not stressing too much about why the coins are going down and being in it for the long run, you really don't have to worry about that.
So I think it's really important to look at the bigger picture and just to understand that this market is extremely volatile but in general it does go up and as long as you don't stress about your money going down a little bit, it shouldn't be something you have to worry about it all.
Note: These are just for information purpose, do your research and invest on your own.
OTHER READS
- The Time Which Could Prove to Be the Best Time Buying Bitcoin and Stocks
- Santander One Pay Fx App & Ripple : This Could be Really Big
- Iphone Maker Foxconn Going for Blockchain Startup? Rumors or Fact?
- Bittrex Introducing Cryptos and Fiat Money Pairing
- Future Outlook of Cryptocurrencies and What you Should Expect
- The Reason WHY Bitcoin Drop is Continue to Happening and The Cost of Mining 1 BTC Across The World
- Covesting a New Cryptocurrency Exchange Launched in Beta
.
Hm
I still believe in Ripple, but I regret not selling xrp when it was at 3-4 dollars...lost a major opportunity there.
No problem, try your luck next time ;)
ripple is potential, but always fluctuated
Other cryptos too fluctuate
introduction post or the other great posts I already resteemed.Resteemed by @resteembot! Good Luck! Check @resteembot's
You got a 5.43% upvote from @emperorofnaps courtesy of @aftabkhan10!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
Sneaky Ninja Attack! You have just been defended with a 4.02% upvote!
I was summoned by @aftabkhan10. I have done their bidding and now I will vanish...
woosh
A portion of the proceeds from your bid was used in support of youarehope and tarc.
Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?
If you are good your growth will be good