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Three reasons why this is the time for buying dip on Ripple (XRP)

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Ripple XRP
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Ripple and XRP are not your run-of-the-mill blockchain project. It’s a project that doesn’t aim to be just a cryptocurrency (the way, say, Bitcoin does). It has the particular purpose of being used to solve one single problem better than anybody else in the world: to make international payments and remittances safe, quick and cheap.

That’s a very ambitious goal and can naturally be achieved only in the long run but Ripple Labs has applied itself wholeheartedly to it, and it’s made fantastic amounts of progress.

Because partnerships build confidence and long-term viability

Ripple’s platforms (xRapid and xCurrent) are already being used by some of the world’s most important banks and financial institutions. They are finding that costs go down while reliability and speed increase in dramatic ways. Institutions save money, and their clients are happier.

In other words, Ripple is managing to persuade many of the industry’s leading players in that they have a product which is really useful and worth adopting. Just think about who is already using Ripple: The Bank of England, The Royal Bank of Scotland, MoneyGram, Santander, BBVA, American Express, SBI Holdings. It reads like the who’s who list in global finances.

These partnerships will inspire confidence in smart investors who understand the value of going for the long term. Bearish and bullish periods come and go, but a product that has a real competitive advantage by solving a significant problem better than the current options, or than the competition, will always do great.

The crypto market hasn’t realized the massive potential behind Ripple and XRP yet, so it remains unvalued. That’s one reason to buy now.

Because it might get listed by CoinBase soon

Yes, XRP experienced an epic drop earlier this year (from USD 3.80 in January to USD 0.44 at the time I write this) for sure. But it remains the third cryptocurrency in the world by market capitalization and one of the most popular trading coins in the world.

Why would Coinbase keep missing out on transaction fees and let XRP to their competitors? Let’s remember that Coinbase is about to go public so they need to do anything and everything that could enhance value for shareholders. There’s been a rumor going around that, in that spirit, the company is saving the XRP listing announcement for a moment in which it could have the maximal impact to its IPO.

Call it a rumor, a wish, speculation. The fact remains that Coinbase cannot continue to be without the world’s third most popular digital asset and stay relevant at the same time. It’s been expected for too long already (so much that it’s become a “cry wolf” thing and investors are sick and tired of hearing that rumor already) but it’s also inevitable.

Coinbase will include XRP sooner or later, and that will enhance both companies positions in their respective markets.

Because it will appreciate when the market goes bullish

When 2018 arrived, last January, the bullish run in the crypto market was just spectacular. Bitcoin went all the way up to USD 8800, and every single coin experienced a rise in price. XRP reached USD 3.80. Then, the rest of the year has happened which has been just a series of bearish trends, with periodic adjustments along the way. So while it would be fair to point out that XRP has gone down, the fact remains that this hasn’t been XRP’s problem but the general trend for each and every digital asset.

But are bearish runs such bad news? It’s buying low and selling high how you make a profit, so the current low is also the opportunity to buy undervalued cryptocurrencies ‘en masse’ and then see how they grow when the next, utterly unavoidable, bullish run comes. When it arrives, the best bets will be among the current top ten coins, and Ripple (XRP) is third.

The market is healing from a collapse, and so is XRP. But it will recover soon, and you could be there to make a killing.

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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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