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Ripple (XRP) is currently the most profitable crypto coin, eToro study



Ripple XRP eToro

The social trading and investing network, eToro, carried out a survey in order to understand investor engagement levels in cryptocurrencies. This survey includes findings of proportions of investors’ trades and they also endeavored to find out which was the most profitable coin over the last year.

The survey includes the data from March 2017 to February 2018. This is the period that includes Bitcoin’s boom so it’s particularly significant, besides the fact that it covers a full year.

Ripple’s XRP turned out to be the most traded coin by users of all age groups with Bitcoin (BTC) and Ethereum (ETH) close behind. This is probably due to the high price both BTC and ETH have achieved. It kind of scares investors away. Bitcoin, in particular, has lost some popularity in the 24-54 demographic.

After those three, the ranking goes like this (in descending order): Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC) and Dash (DASH). It seems that the fact that they’re forks from very popular coins keeps them in the game.

From the coins that were surveyed, Stellar (XLM) and Neo (NEO) at eight and ninth place, respectively.

Investor experience level

The survey also found that from all current investors, only seven percent are actual experts in the field, and the same amount of people, eleven percent, have some kind of intermediate experience. This means that most investors, around eighty percent, are newcomers to the crypto trading world.

Most investors work in a job that’s related to computers and IT in some way. Other minor groups are those who trade crypto full time, then salesmen, students, and people from the financial services industry.

Some minority traders are retired citizens, work in real estate or come from the arts. Other groups include tourism, architecture, healthcare, and education.

The gender disparity is huge in the trade. Only 8.5% of investors are females which leaves the market to a 91.5% male population. But the ladies prefer Ripple (XRP), to the tune of 2%. They don’t like Neo that much (below 1%) and Ethereum Classic seems to be the manly choice at around 1%.

Ripple is ahead of the pack comfortably in terms of profitability with a 2% margin and a total 8% of average profitability. Indeed, XRP had a fabulous run over the year, starting at $0.0005 at the survey’s beginning and at $1.16 when it finished (the crypto is down to $0.60 again now as I write this article, though). That’s a gargantuan 23100% growth rate.

Ethereum came second, it grew by 7353%, from $15 to $1118 in that time period, which while still impressive, it’s a far cry from XRP’s performance during the survey’s time-slot.

Litecoin was only half as profitable as Ethereum. Its growth was of 4223%. It went from $3.77 to $163.

So, to wrap things up, it was a very good year for all the main players. Even those that didn’t do so well, did great. But there’s a lesson to be learned from the survey. Bitcoin, being the coin that started it all, and the most expensive one is the cryptocurrency that usually gets all the attention from non-specialized media.

Now that it’s expected to reach ten thousand dollars per token in price soon again, it’s supposed to be all the rage, right? Wrong. Ripple, Ethereum, and Litecoin were considerably more profitable and, on top of that Ripple (XRP) remains very cheap. So it pays off to pay more attention to the numbers than to the hype.

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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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How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors




When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

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While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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CoinFlip Scores Big with BRD Wallet Partnership




As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

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