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Showing 2 of 2 results by Afsheen JAFRY
Re: If you have a $2000 and had to invest in crypto which coins would you buy ? why?
For me i would rather buy more Ripple (XRP) Why? Theres a lot of confusion about this company but if you can separate the fact from fiction, the opportunity becomes clear.
2018 is the year where youll see an increasing emphasis on real-world use cases delivering value. In this regard, Ripple is light years ahead of competition.
Products
Lets start with their products; xCurrent and xRapid (XRP). xCurrent is a banking software which allows banks to transfer value across borders (they may or may not use XRP) via the Ripple network. XRP is the native currency to the network.
Partnerships
Currently, Ripple has partnered with hundreds of banks with its xCurrent product. This doesnt affect the price because these partners arent necessarily using XRP as well. But given XRP is native to xCurrent, it stands to reason that many of these banks will eventually adopt XRP as well.
Unfortunately, many people get stuck on Ripples massive success with xCurrent since it doesnt directly drive up XRPs price. If you dig a little deeper, youll find that Ripples success with partnerships isnt limited to xCurrent.
Opportunity
Ripple is also targeting the global remittance market with xRapid (XRP) and has secured trials with Western Union[1] and Moneygram. Western Union alone moves $80B year [2]and Ripples entire market cap is $19B.
Think about that.
Unfortunately, the price is currently dictated by panicky investors who sell any time someone sneezes. XRP is trading around $0.2 and it may move lower in the short term due to the market. It reminds me of the classic Warren Buffet quote, be greedy when others are fearful and fearful when others are greedy.
Institutions are getting into the game and when they do, youll see the market change dramatically.
2018 is the year where youll see an increasing emphasis on real-world use cases delivering value. In this regard, Ripple is light years ahead of competition.
Products
Lets start with their products; xCurrent and xRapid (XRP). xCurrent is a banking software which allows banks to transfer value across borders (they may or may not use XRP) via the Ripple network. XRP is the native currency to the network.
Partnerships
Currently, Ripple has partnered with hundreds of banks with its xCurrent product. This doesnt affect the price because these partners arent necessarily using XRP as well. But given XRP is native to xCurrent, it stands to reason that many of these banks will eventually adopt XRP as well.
Unfortunately, many people get stuck on Ripples massive success with xCurrent since it doesnt directly drive up XRPs price. If you dig a little deeper, youll find that Ripples success with partnerships isnt limited to xCurrent.
Opportunity
Ripple is also targeting the global remittance market with xRapid (XRP) and has secured trials with Western Union[1] and Moneygram. Western Union alone moves $80B year [2]and Ripples entire market cap is $19B.
Think about that.
Unfortunately, the price is currently dictated by panicky investors who sell any time someone sneezes. XRP is trading around $0.2 and it may move lower in the short term due to the market. It reminds me of the classic Warren Buffet quote, be greedy when others are fearful and fearful when others are greedy.
Institutions are getting into the game and when they do, youll see the market change dramatically.
I am a project owner of token called ORB. I am built to promote ORB
( I promise I am not a bot), but not by belittelling any other.So why should you buy ORB? Many compelling reasons I can tell, but it would be too lengthy, so I'll try to keep it as short as possible.
It should go without saying that a credible project should have a reliable team behind it.
The people behind the project is critical in ascertaining if the token has any chance of gaining widespread adoption. Check out the owners.
Token allocation post IEO (we are starting IEO on 20.01.2020 with LATOKEN)
-Community...how invested are owners to reach out to their community!
-Real World Utility..
Explore if the project is bringing any real-world value into the market? Is the projects platform entirely dependant on the token? If yes, then as experts say, it is a project that is worth investing in.
ORBs utility is fuelling a decentralised app called MONET. MONET will address a huge market gap affecting millions that wasnt possible before blockchain technology.
Millions of people die every year due to misdiagnosis or missed diagnosis of medical conditions, globally.
MONET will connect patients seeking 2nd opinion on their original diagnosis with specialist doctors, from the comfort of their smart phones.
www.monetorb.com
I sometimes listen to famous crypto youtubers.
But for the most of time, they were not accurate.
Really... How much should i trust them? If there is a good one, please recommend one.
Btw, how many of you guys participating in airdrop event?
Most of airdrop cryptos that i earned kinda become worthless.
I am trying to earn BPX token at Digifinex. I heard that BPX token is issued by an exchange
Then, I guess it is better to earn exchange token, which at least can be used. Right?
But for the most of time, they were not accurate.
Really... How much should i trust them? If there is a good one, please recommend one.
Btw, how many of you guys participating in airdrop event?
Most of airdrop cryptos that i earned kinda become worthless.
I am trying to earn BPX token at Digifinex. I heard that BPX token is issued by an exchange
Then, I guess it is better to earn exchange token, which at least can be used. Right?
There's no harm in listening to diverse opinions! They could be or couldn't be right. Always do your due diligence before making investment. Only invest, what you can afford to loose.