Why ripple can make me a millionaire in 3 years

CryptoGuru Level X³

December 3, 2016, 9:53 pm

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Why ripple can make me a millionaire in 3 years

Why ripple can make me a millionaire in 3 years
Investing into crypto currency has become a passion for me and now im starting to look for new investments for start up crypto currencies. The possibility for loss is higher because start ups can go in either direction. How do you choose a good start up? You look for growth, not only that but stability. Ripple coin or XRP has been around since 2012 and started at about .0002 per coin. Then eventually went up to .027 a coin which is a HUGE increase. After this awesome rally the coin started to fall and todays price is .0063. With over 30 billion coins in circulation you could buy alot of these with a small amount of money.

Why do i think Ripple would be a good investment? Well the main reason i have is because Ripple works with the banks to lower international transaction fees and processing time. International transactions from bank to bank cost alot of money and because of all the people in between to verify the transaction it could take weeks to receive or send money. We all know banks are not going anywhere in fact they are adopting block chain technology and they are trying to use to to move currency. Not only that they help connect banks all across the world and take care of exchange rates.

I personally believe Crypto currency will eventually replace the traditional money we use today. Until that happens banks are still running the currency show and anything that can help banks in the short term could be a good investment. People who invest into banks need companies like Ripple to help them innovate and bring customers something that crypto has. Ripple is like Bitcoin as its also decentralized but instead of working directly peer to peer Ripple works bank to bank.

Google this company do some research on them buy some coins and hold onto them you might be thanking me later.

https://ripple.com/

Remember when reading my topics about trading i only give you advice based on research and market analysis. Please only use this as a guide and do not hold me responsible for any losses. Keep trading and if you have any questions leave them below.

As always thank you for reading please don't forget to follow me and like the topic.

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Lynne

Lynne

Oh nice on Jkeyz2, I am starting to seriously think about buying some Digital Coins and now some Ripple coins.

If I make a small investment then I am honestly not risking too much but buying in now means I'll come in when they are hardly worth anything and then I can sell when their value increases hugely!

Please tell me where and how I can go about buying Ripple Coins and also Digital Coins. And then how will I keep these safe?

8 years ago

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CryptoGuru

CryptoGuru

I am still trying to figure out a cold storage method for Ripple because i just don't know if they offer it yet. I left the link to where you can purchase DGC in the last topic. You can keep it safe and offline by using a paper wallet and keeping it safe.

Create your DGC cold storage wallet below:

http://digitalcoin.org/paperwallet.php

I would say its a small investment that could change your life in the future. I am investing everything i have which is not something i recommend for everyone to do. If you do make the investment im sure you will be happy you did. I did well with Ethereum before it crashed and im doing well with LTC and BTC so i think adding these to my portfolio was a good idea. Im considering buying 100,000 coins of each and just holding onto them for 2017 and see what happens.

8 years ago

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MasterA

MasterA

I agree with what you said. Ripple is currently the third largest crypto currency and I definitely see some potential in the idea behind it. However, the big question now is can it beat Bitcoins. Currently out of all the crypto currency, only bitcoin is doing well and the value of their competitors is very low. While this may be a good opportunity, it can also be a bit risky. I also want to know about the security of Ripple and what sets them apart from their competitors. I think a main issue with Bitcoins is its security breach in the past and it can make it a bit worrying in terms of security for other crypto currencies if you decide to invest into them.

How much Ripple coins did you buy and how much would you recommend in investing? I want to invest into Ripple coins but have some concerns in terms of the risks that are involved with this investment.

8 years ago

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CryptoGuru

CryptoGuru

The risk is always present in anything you invest into. The reason i like Ripple is because they work with the banks to lower transaction fees and sending time. I am trying to purchase 100,000 coins or more of this coin because i truly believe it will go over $3 in 2017. Bitcoin never had a security breach Bitcoin exchanges had the breach and that is due to them storing the private keys to every wallet on a server that is online. Hackers can get the public and private keys by hacking the server. The risk is relatively low considering they work with banks and we know banks are not going anywhere anytime soon. What sets them apart is that they offer a decentralized service for banks rather than people. Please watch the video and check it out you will be happy with what you see.

8 years ago

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Cristian

Cristian

jkeyz2 there are so many new cryptocurrencies you talk about lately is really hard to keep up with all the information! You really are passionate in all of this.

Ripple's logo seems similar to Seocheckout logo haha. Ripple overall seems like a good investment, but if the transactions are bank-to-bak where is the normal user in this equation?

8 years ago

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CryptoGuru

CryptoGuru

They are bank to bank but the user has the bank account. If i want to wire you money from here in the US to you in another country Ripple helps the bank with the transaction. So rather than us doing business direct like with Bitcoin we could still use our banks and allow them to handle it. It will turn out to be the best investment i have made in 2016.

8 years ago

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vscully

vscully

I'm new to Crypto and I hear a lot of conflicting opinions about Ripple. I still don't really understand how XRP builds value? Also, how does Ripple success translate to XRP value?

7 years ago

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pingseo

pingseo

i recommend you to read this article

Is Ripple Coin Worth To Buy In 2017?

7 years ago

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Corzhens

Corzhens

All I can say is good luck to your investment in crypto currency. If you become a millionaire in 3 years then don’t forget to post your experience here because that will, for sure, inspire the community much more if your investment grew just like that without suffering a drawback. And if ever you did not meet your objective after 3 years, we would also be glad to learn from your sad experience.

6 years ago

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