Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: bdsharminsoltana on September 29, 2018, 10:03:48 AM
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I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.
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I believe ripple is good for long term investment since it is not the same with others that have an unstable fluctuation in the market after the short period of time.
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Ripple is good for long term investment because Ripple will be supporting carefully selected educational science, engineering, mathematics and financial technologies projects with the help of recently established $105 million fund.
The biggest part of the allocated funds will be gathered from the investors.
The partner of the initiative will be the non-profit organization RippleWorks, which coordinates volunteer and community work.
Ken Weber, head of social programs at Ripple: Education is a key driver that will lead to a wider dissemination of innovation in business, finance and computer science. First of all, our work is aimed at people with limited access to banking services.
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So far for me, ripples are also good for us to use for long-term investments, because now the price of ripples is also still cheap, so I think we will get many benefits at a higher price.
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I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.
Sort term. Because ripple price can down and can up very fast, so you can trade it every time
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The price of Ripple ups and down very often. So i think you should go for short term investment. Sometimes the price goes very low so long time investment may cost a high damage. Think which will be better for you.
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For me ripple is good for long investment as it is not like the others that made a big lost since the day that the bearish was controlled the market.
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in my opinion to invest in ripples it is better for us to invest in the long term, because I believe that ripples have a great potential for the future.
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Actually, there are many reasons why ripple is good for investment, both for the long term and short term. you can make your own decisions. XRP coins are different from the Ripple Project (read the Whitepaper). so if you decide for the short term to buy XRP, that is the right decision because XRP coin is financial to help banking transactions if the bank withdraws their funds. The ripple will experience impairment and vice versa. This is suitable for you to invest in short term.
While the Ripple project has many products, as stated above densuj. this is suitable as a long-term investment, see how the ripple continues to go up the chart even it becomes more important than Ethereum.
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I prefer to make a ripple investment with a very long period of time because I think this ripple is not suitable if used for short-term investments.
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Ripple is a coin that has faster price fluctuations than Bitcoin. The price is also relatively cheaper and affordable for all people. That's why this coin is more suitable to be categorized as a short-term investment.
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I think it should match with your self.
If you always trade, I suggest to short term investment and you can high profit.
Otherwise, if you aren't doing trade, I suggest to long term investment, and I think in the future, Ripple will great.
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Ripple is very good as a long-term investment, this coin develops a network of payment systems for banks, digital assets and other financial institutions. Later members or members who use the network use digital money called XRP or Ripple to transact. And Ripple works closely with financial institutions around the world. For this reason, I am sure that in the future the Ripple coefficient price will be very high. Ripple is great for long-term investments.