Will the past repeat itself again like it did last year with ripple where it gained over 1000% and then suddenly dropped down to just few cents, will you invest in ripple or not ?
Ripple (XRP) is one of the coins that have great long-term potential that why I think I invested in it. For a start, Ripple's features provide many benefits investors should consider. Like, ripple has really fast transaction times, a transaction currently takes about 4 seconds to be processed. Second, XRP has really cheap transaction fees which are currently under a penny at $0.004 per transaction (less than 1/2 a cent). Also, Ripple is also partnered with over 100 banks which include the Bank of America, UBS, Standard Chartered, Barclays, JP Morgan, Santander and American Express.
- I do not deny that the ripple is very good and has a lot of potential in the future when its development team is constantly working and making effective plans, combined with many different banks but in a position as a trader, when I observe movements, fluctuations in the value of ripple. I have always seen that it is always an altcoin that is easily manipulated and controlled by whales, and the trap in the area where there are many whales is always a very big number, every time we fall into a trap, we will waste a lot of time waiting, this really is not an ideal investment.