Post
Topic
Board Altcoin Discussion
Re: What's wrong with this thinking process
by
wiwa
on 28/03/2017, 07:53:09 UTC
Thanks. I did quite some research related to the development team behind the coin, the value propositions etc... For Ripple, it's currently trialed by a lot of major banks throughout the world. I know Ripple goes against the decentralized nature of other altcoins, but the fact the banks are testing it, is reason for me to believe there are plans with Ripple. Hence I invested some money into it. It's as good a guess as any other of course and I'm well aware of the risks associated to it.

Though as was mentioned before, I'm not taking any serious risks and if I lose the money, so be it. But I also dont want to miss out on an opportunity to get some real money. I lost the opportunity before with BTC  Wink

In terms of money to lose, I'm living in a country where we get 0,1% interest on our saving accounts, we are losing money due to inflation. I might as well lose some on altcoins then (or take a risk and get some nice profit in couple of years).