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RE: Ripple Trade

in #ripple7 years ago

Probably a good idea to get out of Tethers. I think you'll save yourself hardship ad heartache in the longrun by doing that. Also, I think that Ripple has a lot of potential and even though people don't like it because it's centralized, I think it's going back up. If you have the spare cash, I think it's probably a great time to buy.

Not financial advice. Do your own research. Your decisions are your own.

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People also don't like it, because it has 100 billion coins, there will be more coin printing, I believe 1billion per bach and CEO owns 60% of it.

That is one of the downsides for sure.

Personally, I would stay away from ripple. It's just a flavor of the month, because of the sudden rise. On top of that is a centralized coin, which doesn't make a difference. It's like any other fiat, just a different name for transactions. The point of decentralized project/transactions is to remove the middleman, which ripple is not doing.

There are much better projects, even undervalued that I invested or would invest before thinking about ripple. I won't mention here because people will be like stop shilling this coins, but if you are interested I have the same name on steem.chat.