Bitcoin (or) Ethereum (or) Ripple
Million dollars question - Should I invest in Bitcoin or Ethereum or Ripple?
There is a whole lot of investors going crazy to find the answer for the above question. But none can predict the cryptocurrency's behavior. Hold on... I said its not predictable but it is not impossible. The above mentioned cryptocurrencies are the most familiar among the digital currencies.
A good investor is the one who maximizes the profit acquired out of his/her investment. So the investment should be on which among the three, so that you can reap more benefits.
As an investor, I have used all the above three form of currencies to invest and attain gains. From my experience and the statistical analysis, the below is the most probable and appropriate statement:
It is easy for 20 cents to reach 20 dollars than 100 dollars to reach 1000 dollars...
Yes, hope you have come to a conclusion. If I have to invest in any of the above mentioned digital currencies, I would choose Ripple among the others.
Reasons for choosing Ripple:
Ripple has gathered a huge attention in the cryptocurrency world. Like other digital currencies, ripple is also backed by block chain technology. However, unlike others, it is regulated and facilitates fund transfer for banks.- Ripple is working with many of the largest financial institutions around the world.
- Ripple is backed by powerful technology, i.e. ripple has the capability to process around 1500 transactions per second which is way higher than what bitcoin is capable of (7 transactions per second)
- Many banks are effectively working with ripple to implement its technology on their payment infrastructure.
- Bitcoin & Ethereum are most traded cryptocurrencies. Though Ripple has less familiarity compared to these it is well known cryptocurrency in the digital market.
To my knowledge and experience, Ripple seems to a promising investment. With a promising futuristic financial technology and the growth in banking networks, XRP (Ripple) looks like a profitable long-term investment.
With investors becoming more familiar with XRP and growing awareness in its technology, it's worth is expected to increase in 2018.
Please share you views in the comments section...
-
@
TECHOSlovia