3 Reasons to Hold Your XRP Forever, and 1 Reason to Sell It Right Now
As its holders already know thanks to its growth of 1,200% during the past five years, XRP (CRYPTO: XRP) is a great asset for buying and holding forever.There are at least three reasons you should be considering the cryptocurrency for the longest holding period that you can imagine. There's also at least one (not great) reason to consider selling it right now, so let's dive in and examine the things that make it uniquely suited for retention.Banks and other financial institutions have needs that differ quite a bit from those of a typical investor. For one, they need to transact with their peers across international borders, with high volumes, and with parties that have deep liquidity to handle currency exchanges for payments. They also need to hold vast amounts of all sorts of assets that normal investors only have in small portions, like U.S. Treasuries and other real-world assets such as commodities.Continue reading
As its holders already know thanks to its growth of 1,200% during the past five years, XRP (CRYPTO: XRP) is a great asset for buying and holding forever.
There are at least three reasons you should be considering the cryptocurrency for the longest holding period that you can imagine. There's also at least one (not great) reason to consider selling it right now, so let's dive in and examine the things that make it uniquely suited for retention.
Banks and other financial institutions have needs that differ quite a bit from those of a typical investor. For one, they need to transact with their peers across international borders, with high volumes, and with parties that have deep liquidity to handle currency exchanges for payments. They also need to hold vast amounts of all sorts of assets that normal investors only have in small portions, like U.S. Treasuries and other real-world assets such as commodities.
