With all the unsecured movements on the crypto market, nobody is willing to invest here anymore. People think that the low levels registered by the virtual coin at the beginning of 2018 will continue, especially because no notable progress was registered in this area until now. Even though it started bad, it does not have to end in the same note. Crypto experts think that the bad situation could improve in the next period because of the positive level registered by virtual coins these days.
Is it still safe to invest in crypto currency?
If you are wondering whether cryptocurrency is a good investment even in this situation, we can advise you to follow the trends and you will figure out which option is better for you. Until now, Ripple seems to be a good choice if you want to invest on the crypto market. The reason for this recommendation is that lately, Ripple crypto has raised from $0.22 to$3.3 and this means that the price is 15 times higher.
Also, if you buy XRP worthing $1000 from Ripple at $0.22, you could cash $3.3 for each, so will have the satisfaction that you made an investment which brought you $14,000 in only a few weeks. In this case, you will have an important advantage over other investors who have to wait even several years for this profit.
Another advantage would be represented by the fact that Ripple is trying to develop partnerships with central banks from all over the world, so it would be good for cross-border payments. Nowadays, the crypto developer announced that it has opened collaborations with 40-50 central banks from different countries.
XRP is one of the most profitable investments. It has the lowest risk rate on the market, so it means that you can win a lot of money in a short time without running big risks. Look for more information and start working on it!
Nicole Hicks a graduate of UFT. She’s based in Toronto but travels much of the year. Nicole has written for NPR, Motherboard, MSN Money, and the Huffington Post. Nicole is a financial reporter, focusing on technology, national security, and policing.