SELL? I'm confused about the bad & good news

in xrp •  7 years ago 

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Help me understand ripple and xrp? Are these two different things? Will the price go higher? Or will it dump? 😨

Should I sell it and buy Eth instead???

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7 years ago by

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      ·  7 years ago 

    You need to figure out what you believe in. XRP is a crypto that can not be mined and is controlled by one company- Ripple. Banks bought into using XRP because Ripple is providing them the software to perform transactions. Summarize XRP is more of a centralized token then all other cryptos that presently exists.

    If you were to trade from XRP to ETH you are going in a different direction. ETH is a crypto that is systematic and open source. It has smart contracts so a lot of tokens that are in use rely on ETH. By investing in ETH you pretty much branch out and indirectly am investing in all tokens that uses its platform for smart contracts.

    Just my thoughts. Best of luck with your decision. Thanks.

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      ·  7 years ago 

    Yes xrp is most likely centralized cause it is controlled I am worried if it would be worth holding them for a long time, I would like to hold them until Dec 2018, i also like eth... anyway thanks for the advice.

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        ·  7 years ago 

      Follow your heart 😂

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          ·  7 years ago 

        What a nice advice leht 😂

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            ·  7 years ago 

          They are comparable, and no you shouldn't unload Stellar. XLM is going to do a lot of good for a lot of people for international transactions. Even day to day transactions.

          At the end of the day... you do you, my man!

          Cheers

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              ·  7 years ago 

            I am talking about XRP :)

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