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Ripple XRP: It’s Not How Much You Can Afford To Lose, Rather, How Much You Can Afford To Lock Away

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PLEASE NOTE:

I AM NOT A FINANCIAL ADVISOR. THIS VIDEO REFLECTS MY OPINION ONLY. IT IS NOT TO BE CONSIDERED FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING YOUR MONEY.

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Resources:

“Savings” Image
https://www.moneyunder30.com/images/2015/02/How-to-Start-Investing-When-You-Have-Very-Little-Money.jpg

Personal Money & Finance Blog
https://money.stackexchange.com/questions/83/is-there-a-good-rule-of-thumb-for-how-much-i-should-have-set-aside-as-emergency?rq=1

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Tags : cryptocryptocurrencyRipple XRP NewsxcurrentxpoolXPRxrapidXRP Newsxrpbtcxrpeurxrpusdxvia

10 Comments

  1. So we can't get much lower than the current price. Instead of putting money into an a savings account, would you be better buying XRP

  2. I wouldn't put most of my money in xrp because it's a growth investment which tend to be spectutive. I would only put what I can afford to lose on it I rather put more money in income generating assets like dividends and reinvest the divendends, so they can compound overtime. I would put money into divends every month and dollar cost average and let it compund. But I am a huge fan of xrp I recommend buying some of it and holding it long term.

  3. Im having trouble figuring out Ripple XRP at full capacity.

    Mathmatically.

    1500 transactions per second
    86400 seconds per-day
    129,600,000 transactions a day
    42 billion coins out of 100 billion with 1 billion released every month

    And trillions of potential daily volume.

    Whats the dang possible price.

    What formula would use.?

  4. How about 65+ year old investors who want to store away as much XRP as possible as an inheritance for their child/children? BTW, method 4 has mostly been my goto method of investing. Nothing left to sell but my soul! 😁

  5. The title makes alot more sense….i believe wealth starts at the foundation of investing (saving) locking away for a minimum of 7-10 years.

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