RE: Best investment right now if you can’t afford expensive cryptocurrencies

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Best investment right now if you can’t afford expensive cryptocurrencies

in cryptocurrencies •  7 years ago 

In my opinion Ripple XRP is overvalued: it is centralized, utility seems limited to financial institutions only (even MoneyGram doesn't use XRP tokens - they "test" the tech behind Ripple with possible use of XRP in future). The price probably will rise (and fall) at some time, but in long term Ripple's high market cap is not that certain.

For long term investment, I would be looking for coin or token with strong utility.

cryptocurrencies
7 years ago by

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      ·  7 years ago 

    hopefully we will get rid of xrp, as it doesn't have anything with the cryptocurrency. centralized coin should be somewhere else, they even don't use ripples for the technology they trying to build for the banks, quite funny.

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