For those who are looking for the right time to invest in XRP, not all are able to get it right except for a few of them who land up being lucky. The logic is to hold it for long enough to get a profit. The price is going to fluctuate and there are going to be very frequent dips and just like any other investment process it is not wise to take decisions when emotional.
Using only discretionary funds is the basic investment logic. Converting crypto or emergency savings to crypto does not make sense either.
Before investing in Ripple, it is important to learn about XRP. It is important to read all the technical data. It is also important to note that there are lot of disappointed XRP investors already too! They have been tired watching the dips for more than 3 years now. Some of them have been accumulating XRP during the dips they are looking for some holy-grail raise for cash out.
In this regard, Sina Estavi, CEO of Bridge Oracle tweeted: “Those who are waiting to see if Ripple (XRP) will touch $1 should stay awake through the night and see if it happens. Happy watching trend charts. Hoping to see Bull Flags high.”
However, most of them are holding to XRP hoping it will touch upon on much higher targets like $1, $5, $10, $20 and more. When it will happen is something we will know when it actually happens. Many are hoping to see it touch $1 very soon. Some who do not want to feel overconfident have to state that it is hard to reach that point as the momentum has declined, but by bias they hope for it to happen.
FOMO is building up. Many expect it to move sideways. Bullish or bearish, those who are smart know how to make profits all the time. Time will tell.
Ripple (XRP) Partnerships
With the help of RippleNet, NiumOpenMoney processes transactions in real-time, providing faster remittances at a lower cost to its global customers. Nium are working on new partnerships and they are trying to open doors in Southeast Asia.
Prajit Nanu, Co-Founder and CEO at Nium stated, “Through Nium’s use of Ripple in the Philippines and Mexico corridors, we have been able to eliminate pre-funding requirements and offer faster remittances at a lower cost.”
Nium are looking to provide improved payment experience as a way of differentiating themselves from the market place. To make this possible, Nium are leveraging Ripple’s advanced blockchain technology to process transactions in real-time.
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