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Literally why I don't invest in cryptos


Alek

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I'm heavily involved in XRP so I always try to comment on these posts.  IMO Ripple as a company has some of the best people backing them, just look at their executive board and the people behind them... They're geniuses.  On top of that, Ripple is proactively trying to fix a real life problem in todays banking.  While some of their products don't require the use of XRP the best one (xRapid) does.  Being a relatively early investor (.16) I watched the price fluctuate from .16 to .20 to .4 then all the way back to .18 before the big explosion that we saw in the end of 2017.  There was a huge crypto blood bath this week and for now, it looks like all the coins are making it out just fine (XRP dropped as low as .8 and is currently at $1.50).  Rome wasn't built in a day and personally I think people are investing expecting to get rich in 1 week and when it doesn't happen they're just dumping coins.

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