Ripple update: Balance…
So, after much thought…. I’m now 50% XRP and 50% BTC. I’m a long term believer in XRP going out 3-5 years, but, BTC will be the store of value going out 3-5 years also and it will be the first ETF, first to get institutional adoption, etc. I hope / think that XRP will be the main utility for banks and financial institutions to transmit money. I think that this gives me more balance. And, going forward, I’ll split new money, every 2 weeks into that portfolio allocation. If the SEC does declare XRP a Security, which I don’t believe they will, I’d likely consider going heavier into XRP on what would be a short term drop in XRP.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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