Post
Topic
Board Altcoin Discussion
Re: Xrp hodl or sell?
by
hugeblack
on 12/03/2018, 10:30:14 UTC
I read a lot of news about ripple what do you think is the right thing to do? Im waiting to hit 3usd again
Ripple (payment protocol/ XRP) is a real-time gross settlement system (RTGS), currency exchange and remittance network created by the Ripple company.[1]

I have a bad experience with this coin but I will be fair in the evaluation:

  • XRP is the third largest coin by market capitalization.
  • Ripple lacks decentralization and its one of the most important features of cryptocurrancies.
  • Forcing users to pay 40 ripples to make a wallet is unusual in all cryptocurrancies.
I do not recommend investing or at least investing in the long term.

Sources:
#1 https://en.wikipedia.org/wiki/Ripple_(payment_protocol)