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Ripple XRP is on the verge to change the world, here is why

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Ripple XRP
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The market has had its ups and downs and lots of cryptos at the moment are trying to keep up. However, many investors are hoping that in the second half of the year, things will change – hopefully, it would!

Taking a look at the bigger picture, we need to focus on what is going on with Ripple (XRP) and what the future hold for Ripple and blockchain technology. It is important to know that we really are at something big and a lot is coming from Ripple (XRP) for its investors.

Moving forward, there has been a lot about Ripple lately – issues about security and being regulated still lingers on. Besides that, we need to focus on the primary aim of Ripple – which is to change the world.

Taking a look at Amazon, Amazon was created to become a platform where trades can be possible much faster. They are lots of similarities between Amazon back then and Ripple now. Amazon wanted to make the best shopping experience that is better and faster than the rest.

Jeff Bezos, the CEO of Amazon, stated his aim of making customers have a better and quicker experience. He also stated his goal to make a delivery option due to the fact that this was what customers wanted. Surely, Bezos has achieved this, and he has made Amazon a top platform today.

On the other hand, Ripple has the same vision to create a better value for customers. The cryptocurrency is creating a better value by enhancing cross-border payments all over the world.  Today, the transfer of funds from one place to another is not instantaneous, and this is what Ripple is aiming to change. Every customer wants speed, efficiency, and security when transactions are made.

Furthermore, Ripple is aiming to solve real-life problems, and they are inventive by offering a solution to real-life problems through its xRapid. Ripple’s xRapid will use its token, XRP, to achieve this feat.

Back to Amazon, Amazon never had a speedy start during the time it was created. Bezos needed to have about a million dollar investment at that time and to achieve this; he needed to part 20% of the company to 20 people that invested with $50,000 each. These set of people believed in Amazon’s technology, and today, they have made huge profits.

Concerning Ripple, it is necessary that investors think long-term when they invest in Ripple – like the people that invested on Amazon. Ripple is thinking long-term, and it is on the path to becoming one of the best cryptocurrencies in the world.

It is important to know that now is the best time to invest in Ripple (XRP). Ripple is not just a crypto, but a team with a cryptocurrency with a futuristic goal to change the world as we know about it thus far. Ripple is not complacent, and it is collaborating with top financial companies all over the world. They are inventive in their technologies and as stated earlier, the best time to invest is now, and become part of Ripple’s growth in the future.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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