Connect with us

Hi, what are you looking for?

ELEVENEWS

Ripple

Ripple (XRP) Presumptions Assumptions and Speculation While Waiting for the Price To Go Up

It is very obvious that the investor interest in cryptocurrency is shared between the majors to a larger extent.

Stuart Alderoty, General Counsel at Ripple stated, “The crypto industry (IMO) has passed the line of inevitability. It’s not going away – the only question is how big it will get. If you want to work on some of the most cutting-edge legal issues of the day – come join us!”

Cryptocurrency is not going to go away very soon, because too many smart people are already aware of its potential.

Money Match expressed how difficult it is to see family and friends suffer during uncertain times.  Money Match have partnered with Ripple to reduce the fees for international payments while easing friction in the process.  Sending money to loved ones in India is thus getting easier.

Ripple executives have expressed their distrust over the legal vacuum in India in terms of not permitting innovation in the cryptocurrency industry.  In India, cryptocurrency is in the gray area.    There is no good framework to provide the level of comfort to banks and institutional investors to provide for cryptocurrency transactions in the country.

Sydney Ifergan, the crypto expert tweeted:  “Ripple (XRP) are progressing via University Blockchain Research Initiative and interestingly universities are coming up with their own topic and area of focus.”

Ripple (XRP) Waiting For The Price To Go Up

Ripple has been projected to be a good contender by cryptocurrency investors for those who are looking interested in assets which are worth below $1.  However, already the invested are worried about the price not going up at all. The idea is to buy and go long, while waiting for the price to go up.

A community member tweeted:  “Since February, I have added $600,000 more to my #XRP holding. The total value of the holdings is now at $4.15M, the average buy-in price is $0.1465 In 2022, I will post the updated results of these holdings. Anyone who retweets this will get 20K $XRP.”

There are several other community members following similar strategies on their own.  There is nothing called a perfect investment advice.  It is all trial and error about investments. 

Every cryptocurrency investors get initiated by getting talked to by someone.  They are channeled and oriented to the token through all the existing tutorial materials and price indications given by market watchers.  The reality is that which happens real-time. Until what is real happens, the rest is assumption, presumption and speculation.  There seems to be no true gauge to assess cryptocurrency value.

News Source

Advertisement

Copyright © 2020 Elevenews