Hi Everyone,
New to the world of Digital Currency as mainly invest in Solid Bullion Silver/Gold etc. Having done some research over the last one week XRP Ripple seems a promising to me.
Realistically I have bought over 1500 XRP coins and looking to purchase another maybe £1000-£2000 worth in next 7-10 days. What do you think is the realistic value this can achieve by say start of 2018 and is it worth buying more. (Sorry this Crypto Market is confusing as some say it's rubbish and other's say it's amazing)
We are looking at this opportunity as a long term investment.
Thanks
If its a long term investment, be prepared for long term research.
short term, you should still learn the basics.
Dont expect to put in $$ and expect huge profits within a yr, unless you put in the time to learn and understand what you are buying.
You must learn crypto fundamentals.
Crypto is an extremly volatile market.
Do not put in anything you cant afford to lose.
Do not borrow,lend,margin.
XRP is one of the most promising cryptos defo and will be worth alot more as time passes.
People make huge amounts of profits regularly, but others lose just as much.
Gd luck