I agree very much with your points in your great response!
Regarding Ripple, I agree that the company can do pretty well in the future, but the fact that the XRP coin is not stock in RippleLabs, may leave token holders as investors without rewards, right? The point is that they do not own any part of the company and therefore are not entitled to any benefits coming out from it.
Two very important points in your explanation:
- Almost none of the coins are going to make it
- The coins that make it will make it big
- Exchanges may suffer EXTRA-stress when everything collapses
So, what can we do?
- Invest in coins that have chances of actually being used in the long term. Coins that we may actually have a need for in the future.
- Cold storage and keep our tokens outside exchanges
RE: Cardano ADA - Analysis of our HODLfolio pick!