Bad Investment Advice: Buy the cryptocurrency called Ripple. It's price doubled.

RedStar said:

I can't stress enough how important it is to have achievable goals and not get carried away with the crypto hype. Ripple will never reach $3trn in market cap. It is ludicrous to even think so. You're basically suggesting that Ripple will be larger than Apple, Alphabet, Microsoft and Amazon combined. You must have completely swallowed the usual crypto waffle or you've hella naive and stupendously clueless about the financial world.

If what you're saying is true big banks, investment groups and market experts would be buying this shit in bulk way before 2020, thus achieving the $100 target much earlier.

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dr.leorio said:

Yes, I'm suggesting the entire financial world will be flipped upside down with Ripple. I could argue with you on this one but neither of us know the future so I'll let time tell whose the stupendously naive one.

Thanks for your two cents sxb.

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RedStar said:

And you are also suggesting Ripple will be larger than all the silicon valley giants in less than 2 years?

The same people prophesying this Ripple miracle are the same ones celebrating yesterday that Binance became more profitable than Deutsche Bank, whilst completely disregarding the fact that Binance is non-compliant when it comes to the law and how simple it is for Deutsche bank to adjust it's margins and boost its profits.

Be more sceptical about this hype saxiib. There are other coins that will be world beaters, look into them and forget about Ripple.

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dr.leorio said:

The cryptocurrency market is still in it's infantile stages. Once regulations are made and laws are passed in each country then we'll be able to accurately predict what will happen in the future. But for now it's pure speculation. So I can say Ripple will moon to $100 and you can say the same for your favorite coin. Nobody really knows what will happen.

I do agree however to be more sceptical and to diversify. I'm only invested in two coins at the moment so that's why I post so much about XRP. At the end of the day, I only promote detailed research and critical thinking as I believe nothing I read posted on the internet until it's proven true.

What's that saying? Believe nothing you hear(read) and half of what you see? I think that's how it goes.

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