Crypto
Now Reading
HODL THAT! #3 – Ripple is the Nipple: Stacking up the Future
0

HODL THAT! #3 – Ripple is the Nipple: Stacking up the Future

by SteveDecember 14, 2017

Disclaimer

This article is for educational purposes only. We are no financial advisors. Do not make investment decisions based on this informations. The information provided from Smart Options is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance. Please do your own research and never let anyone trade your account for you. We do not support or advertise Fund Management in any kind of manner. We solely review signal providers, their work/analysis/provided education. Please read this disclaimer and leave the website if you disagree with it.

Many Crypto enthusiasts deny waving their flags when it comes to the idea of XRP. The “Banker coin” is a thorn in the eye to many Crypto evangelists. However, for the long term hodl it might be an excellent choice. Many big rumors are floating around – like now and with the recent announcement of Coinbase. We think $XRP could be one of those new coins listed there. But this might be small news against what could come up next for Ripple. There are new partnerships announced by end of the year ( deals shall be signed with American Express and Santander bank to send international payments on its blockchain) and by moving into the direction of mass adoption for Crypto in general, the chances are high that much of the total market cap will flow into Ripple. The news that Japan and South Korea are going to test ripple in their network has created a huge push forwards. Interesting side note: The search term “$ XRP” has been the 8th most searched term today and gained more interest than”Kylie Jenner”. Ripple will be live Japan's “Nikkei Morning Plus” TV show at 5 pm ET. Furthermore, Ripple has deposited $55 billion in crypto in an escrow to reduce its volatility and to bring on some signs of confidence to its investors.

BTC is about to start another run right now and if we can break 19K it is likely that alts will suffer big time (again, don't panic). We see it as opportunities to get $XRP at discount for another time and we will likely hodl until Q1 / Q2 2018. Then we will take some of the profits and let it run for the longer with an open target.

Exchanges: Binance | Bittrex

We will #BTFD on Ripple, as Ripple is the Nipple.

UPDATE: Due to the ongoing bad news about XRP we shorted this position.

What's your reaction?
Happy
0%
Angry
0%
Laugh
0%
Cry
0%
Surprised
0%
Unsure
0%
About The Author
Steve
Steve
Is a German Hipster Hippy influencer, a marketer, a father and a righteous man of the Deutschland. He is a believer that love can conquer the world, funky, crazy, but love never hurts anyone. So light up a spliff and dig the vibe dude!

Leave a Response

This site uses Akismet to reduce spam. Learn how your comment data is processed.