3 Reasons to Load Up on XRP Before April Ends -- and 1 Reason to Wait
XRP (CRYPTO: XRP) is already having a decent year, with its price rising by 9% since Jan. 1. There are ample reasons to consider investing in it, provided you can tolerate the risks and volatility of cryptocurrencies.But there are a few reasons why buying even more of it in the near term is worth considering. There's also one very important risk in play right now that makes a decent case for holding off on a purchase. So, let's synthesize what's happening here and gather as much information as you will need to feel confident in whatever you decide.On March 19, the Securities and Exchange Commission (SEC) dropped a lawsuit it had been pursuing against Ripple, the company that issues XRP, for more than four years. Regulators had alleged that the business made an unregistered securities offering when it issued XRP. With the resolution of the case, there is now a dramatically lower risk that the coin will be yanked from being traded on exchanges due to regulatory non-compliance.Continue reading
XRP (CRYPTO: XRP) is already having a decent year, with its price rising by 9% since Jan. 1. There are ample reasons to consider investing in it, provided you can tolerate the risks and volatility of cryptocurrencies.
But there are a few reasons why buying even more of it in the near term is worth considering. There's also one very important risk in play right now that makes a decent case for holding off on a purchase. So, let's synthesize what's happening here and gather as much information as you will need to feel confident in whatever you decide.
On March 19, the Securities and Exchange Commission (SEC) dropped a lawsuit it had been pursuing against Ripple, the company that issues XRP, for more than four years. Regulators had alleged that the business made an unregistered securities offering when it issued XRP. With the resolution of the case, there is now a dramatically lower risk that the coin will be yanked from being traded on exchanges due to regulatory non-compliance.
