Non long term hodler here atm. How do you think that ETH price will change compared to XRP? Would it be safer to sell it for ETH now and buy it again later when there is correction for XRP?
I'm new here, but bought some XRP a couple of months ago. I have absolutely no idea what the price is gonna be by the end of the year, but I don't expect much correction. Although I truly believe during next year is going to go up till who knows where. And what I know, is that there might be a lot of people trying to buy XRP at the moment, and they simply can't. I've got some friends that have been trying to set an account for weeks, trying to get verified, and no way. XRP is on the news, on the papers. One colleague fwd'd me an email from bittrex saying they're not accepting anybody for the moment because they can't simply support the heavy load they're getting. As soon as this situation is normalized, just imagine what would happen with the price.
So, as you may have noticed, I'm holding, and will at least for 1 year. Then we'll see where we are. Hopefully way above.
Interesting. Can i ask you where do you come from? Because its so fascinating how different it is with these project localy. For example, where i am from, mostly i can see on the news about bitcoin and some local companies (viberate,iconomi,SunContract,...) They was never any public reports or coverages about XRP,ETH,...
I'm from Spain. Obviously the mass media here is talking every day about Bitcoin, but the last couple of days I've heard they've mentioned XRP (a few times) as a currency to keep an eye on as "the new bitcoin". (In terms of investment return, that's the only thing they care about, not the technology itself.. the say NOTHING about what this is all for, but investment).
And globally.. just google it, you'll see (from the last couple or 3 days) articles in Forbes, Fortune, CNBC... you know the audience of these
Bloomberg just added prices for XRP, LTC and ETH to its terminal service.. "which is used by major banks and investment houses worldwide." (quoting). These days is not that easy and quick to invest in criptos if you don't have a verified account already...Investors (and traders, of course) are coming. Probably not only for XRP.
Cheers