Post
Topic
Board Altcoin Discussion
Re: Is Ripple XRP a good investment?
by
Beparanf
on 31/07/2020, 01:39:51 UTC
Ripple is a company that uses blockchain technology for global payments, and currently, Ripple's XRP is the world’s third-most-valuable crypto asset and is more volatile than just about everything. Now, the question is, Is Ripple XRP a good investment?
Being one of the top listed and ranked at #3, there is no question with that but never think that you can make more money from a centralized coin (as XRP have).

XRP doesn't look that very volatile, the price is controlled, and therefore, you can't expect that it surge high and be on bullish just like with the other decentralized coins. Well, it never says that XRP worth nothing, of course, we can make a good trade using this but it is different from using Bitcoin or ETH, and some other coins in the market.
I just used XRP more in doing transferring in exchange, casino, in some payment to lower transaction fees that's why Istill left some to keep holding and using them but in terms of trading and holding altcoins I still prefer having ETH and BTC. It's still good to have XRP but I don't expect amount to high for xrp. If chances that I'm actively trading and the graph of XRP seems to have a potential to profit that day I do trade them,it's good  investment as well as backup.