Most alt coins are seeing double-digit losses because of the upcoming Bitcoin gold hardfork. I it's a great time to buy alts at a discount. Regarding XRP, I think it's important to be aware of the difference between Ripple as a cryptocurrency and Ripple as a company. Swell will feature news about both and it's important to be able to tell the difference. The main question at this stage is regarding adoption, many banks are actively testing the XRP but Ripple has made it clear that they can offer services regardless if a bank decides to use the XRP tokens. This is the defining choice that will drive XRP price. If during Swell a bank announces it will use Ripple software and tech, but it doesn't say that it'll use XRP then it's not necessarily good news for the token. Just a thought, something to keep in mind in your investment strategy.
RE: XRP price is on the move once again!
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XRP price is on the move once again!
Thanks ever so much for your feedback and opinion. All the money is fleeing back to BTC in the anticipation of BTCG right now like you have pointed out. It is in every interest of Ripple's company for XRP to succeed as it is their most valuable asset. Let's see how SWELL ends but I have a feeling something big will be announced. The timing with SIBOS and the level of speakers as well as a recent interview with the Brad, the CEO of Ripple is all pointing in that direction. I am well diversified and if only one of my coins hits the nail then I am laughing all the way:).... Have a good one!
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