I think that by now everybody has at least heard about Bitcoin's new concurrence, yes you guessed it, Ripple!
I honestly don't know how to describe Ripple's gains in 2017, HUGE, UNPREDICTABLE, UNREAL, or simply INCREDIBLE! As an early investor in Ripple I am quite delighted or should I say EXTREMELY HAPPY with what ripple has become!
However, I am extremely scared of Ripple's future. As seen above, Ripple has done a tremendous job with worldwide banks and is still going strong! Ripple's association with banks is, in my humble opinion, the main reason why people invest in Ripple. However, there is one thing that you have to understand, Ripple's coin, XRP, is absolutely useless! Banks do NOT use XRP, they use (buy) the technology that Ripple has created, and this is the fine line where people get mixed up. I am scared of the day that people are going to realize that XRP has NO use, what is goin to happen to Ripple's coin ?
That is why I took the decision to remove ALL of my Ripples to invest in other coin who have a great future... but that is going to be for another post!
For now, have a good day and invest wisely!