Ripple Explained: Should We Buy Ripple XRP Aside from BitCoin BTC
Ripple explained by a normal guy (ordinary investor) online and why we should buy Ripple (XRP). How to invest in Ripple (XRP) is one of the most asked questions nowadays because many online cryptocurrency traders are expecting (speculating) it to double its prices.
Ripple explained by the blogger of Daily Investing Tips;
The reasons why I invest in Ripple (XRP) is because many reports online said that Ripple will get support from many banks. It (Ripple XRP) will be use in any banking transactions in the near future.
The question is how do banks and the government regulates or control the Ripple coin? Many online traders and investors are comparing BitCoin and Ripple. If BitCoin price go upward from cents to more than 4,000 US Dollars, what about the Ripple XRP? Do you think the Ripple price will also increase like BitCoin BTC Prices?
Maybe you also believe that Ripple XRP prices will increase aggressively like BitCoins. And now you are asking how to invest in Ripple?
How to Invest in Ripple Explained
Here is the short answer from InvestmentTotal.com
1. Open a Ripple wallet. You can also open a trading account whereas Ripple and BitCoins are available.
2. Deposit funds to your account.
3. Buy as many Ripple coins as you can using BTC wallet or dollar or Euro currency.
4. Wait until the price of Ripple coins increases. If you bought one Ripple XRP for only $0.20 USD, and after 10 years its prices o up to $1,000, then you will surely bankin more thousands of dollars. If today you buy 1,000 Ripple coins for $0.20 each, you only spend $200. And if that 1,000 Ripple coins prices turn into $1,000 each. You will become a millionaire.
Related: How to Make Money Trading Cryptocurrency?
Note: this is not an investment advice. Invest at your own risk. Any loss occurred during your investment decision is not my liability. Invest only what you can afford to lose. Do your own diligence.
I know Ripple was not explained clearly on this page. If you want to know more about Ripple coin (XRP) cryptocurrency, just leave a comment below or always visit Daily Investing Tips wherein we talk about not just stock market and forex, but Ripple XRP, BitCoins BTC and other cryptocurrencies as well.