Ripple update: Just wanted to be blatantly optimistic for a change
If you look at the markets over the course of the past four years, the capitalizations look like a wave that’s trying to escape gravity. We saw what that looked like at the end of 2017, and I think we’d be crazy not to expect something similar again. Why that makes me so excited for XRP in particular is that we saw decoupled growth from BTC for about a week or so back then. I think the market tanks with BTC and rises independently and on the merits of each coin – especially in a bear market like this. I’m especially excited for what’s coming with SBI, and given that we haven’t had any monumental news from Garlinghouse as of late, there’s likely something great coming down the pipe.
Calm before the storm and all that.
I know we’re not really in a great market right now, but I’ve continued making my bi-weekly buy-ins. You’re either betting against the explosive heat death of crypto or for your time in the market to win out eventually. As long as you didn’t put in more than you could afford to spend, things will be OK. And again, if you look at the market caps, we’ve arrived just recently to the point where we started going parabolic last year. Now is definitely a make-or-break moment for crypto, and if we lose more support levels, things could get even rougher.
But in the long run, it’s all going to be good. Keep the optimism alive.
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.
Author: Skulldrey
Score: 88
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