3 Reasons to Buy $1,000 of XRP (Ripple) and Never Look Back
There aren't too many cryptocurrencies that belong in nearly everyone's portfolio. Still, even if XRP (CRYPTO: XRP) experiences many of the same pitfalls as other cryptos, like extreme price volatility and a fairly uncertain long-term picture, it is looking like an increasingly attractive place to invest, even if it's with a smaller amount, like $1,000 or so.Especially if you're able to hold your coins through volatility and commit to not selling for many years, there's likely a lot of upside. So here are three reasons it's probably worth investing $1,000 in this coin and never looking back -- at least not until you've seen a big return on your dollars.XRP's mandate is to make it easier for banks and other financial institutions (and perhaps governments) to transfer money, especially across international borders. The idea is for the coin to capture a tiny fragment of value with each transaction in the form of fees.Continue reading
There aren't too many cryptocurrencies that belong in nearly everyone's portfolio. Still, even if XRP (CRYPTO: XRP) experiences many of the same pitfalls as other cryptos, like extreme price volatility and a fairly uncertain long-term picture, it is looking like an increasingly attractive place to invest, even if it's with a smaller amount, like $1,000 or so.
Especially if you're able to hold your coins through volatility and commit to not selling for many years, there's likely a lot of upside. So here are three reasons it's probably worth investing $1,000 in this coin and never looking back -- at least not until you've seen a big return on your dollars.
XRP's mandate is to make it easier for banks and other financial institutions (and perhaps governments) to transfer money, especially across international borders. The idea is for the coin to capture a tiny fragment of value with each transaction in the form of fees.
