Want $10,000? Invest $2,500 Into XRP (Ripple) and Wait 4 Years.
If you can find an investment that you think can quadruple your money, it's a no-brainer to buy it, even if you need to wait a few years. In that vein, there's a real chance that investing a total of $2,500 in a major cryptocurrency like XRP (CRYPTO: XRP) could, over the long term, become worth as much as $10,000.Here's how to make this play.First, let's disabuse ourselves of any notions that buying any quantity of XRP is going to make you get rich quickly. That's doubly true if you won't have the spine to hold on to it during a downturn or an upswing. No matter how strong the investment thesis for this coin is -- and we'll get to precisely how strong in a minute -- it needs time to play out.Continue reading
![Want $10,000? Invest $2,500 Into XRP (Ripple) and Wait 4 Years.](https://g.foolcdn.com/editorial/images/807124/investors-ponders-crypto-chart-at-desk.jpg)
If you can find an investment that you think can quadruple your money, it's a no-brainer to buy it, even if you need to wait a few years. In that vein, there's a real chance that investing a total of $2,500 in a major cryptocurrency like XRP (CRYPTO: XRP) could, over the long term, become worth as much as $10,000.
Here's how to make this play.
First, let's disabuse ourselves of any notions that buying any quantity of XRP is going to make you get rich quickly. That's doubly true if you won't have the spine to hold on to it during a downturn or an upswing. No matter how strong the investment thesis for this coin is -- and we'll get to precisely how strong in a minute -- it needs time to play out.