Hi Trader's
My Boss Write This Article For All Ripple Investor's , For those who are buying it at over $3.
my teacher have a lot experience in Crypto So this article just for understanding .
Ripple is owned by the banks and it is not a decentralized token.
This may mean nothing to all the noob investors but understand that the reason cryptocurrency was invented in the 1st place was to rid the world of the corrupt centralized banking system who are the real gangsters .
Cryptocurrency is giving back the power of wealth to the people, especially the middle and working class, allowing them to truly be the master of their own finances.
Have you noticed why Bitcoin has gone down a lot in price in the past few weeks?
This is not just a natural occurrence!
The reason is due to Ripples mammoth rise.
The banks have been mass marketing Ripple over the past month.... Why?
The banks and Wall Street have sat on the sidelines for years whilst Bitcoin has been making all the headlines. Leading to people taking their funds out of the banks and putting it into cryptocurrency. In turn, putting the banks at risk.
So what would be the way for the banks to reverse this?
As Bitcoin is the main store of value in cryptocurrency, the best way would be to Control and Reduce the bitcoin dominance in the market!
Question ! How?...
Create their own cryptocurrency ‘Ripple’.
Mass market Ripple, get the people, especially the newbies who don’t understand the market to invest in Ripple with their Bitcoin rather than just holding Bitcoin which will push the price of Ripple up, making more people buy it with their Bitcoin.
The volume will move from Bitcoin and into Ripple then when they are ready, they WILL pull the plug.
This will send the price of Ripple tumbling fast and will make the people panic sell their Ripple back to Bitcoin mostly at a loss which in turn will give the banks your Bitcoin.
For centuries the banks have been using the money we trust them to hold to invest in stocks and shares that make them billions of pounds per year, whilst giving the people that gave them the money in the first place a measly 0.5% interest.
Ripple is a 2 headed snake... it will give you profits at one end, making you drop your guard.
Then with a quick swoosh, the other end will take everything from you!