If you ask me is it smart to invest in Ripple I will always say NO. Just go on google and type " The most centralized cryptocurrency " and 90% of articles will talk about Ripple. The fact that owner is holding 61% of coins, bring us to conclusion that price can dump a lot if owners decide to sell out.
Someone will tell you but banks love XRP 😂
In my opinion it is just good marketing. Why would banks do that? Why would they use XRP coin when they can create their own.
I am not saying that XRP is not profitable. If you invested few months ago it would make you huge profit but at this point investing in xrp brings a lot of risk and not big chance for profit because it is already top3 cryptocurrency and it can go 2-3x max but risk is not worth this small reward. This is situation: high risk, low reward.
I suggest you to go high risk, high reward or go low risk, low reward and in this groups are coins like ETH, NEO, STRAT where risk is small and reward isnot big but it is enough to be happy with that profit. So, I would personally never invest in XRP
