Post
Topic
Board Altcoin Discussion
Re: What is your altcoin?
by
SquirrelJulietGarden
on 13/08/2020, 14:38:07 UTC
XRP is also a coin which I choose to hold for long time, I think it will be very strong in the future. And one coin that I start to buy and hold a recent days is ChainLink, it is having a very strong price breakthrough recently
No. You should not. Because of its serious centralization.

Centralization means their founders can do anything they want and any bad activities from founders can force the price down to the hell. Ripple is good to transfer your money between exchanges, fast and cheap, but hold it and hope to get rich with it, I won't.

Ripple is a big mistake from cryptocurrency market, and the high position on marketcap ratings is another big mistake. That's bad.

Its very high supply is another bad thing. Total supply: 99,990,905,040 XRP Smiley