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Why Ripple is currently the best cryptocurrency to daytrade(Revised)

By jordanjnr | Crypto Digest | 2 Dec 2019


Please if you find this post interesting or educative,kindly hit the tip button below to support my work. Thanks.

Haven't heard of Ripple? Unlikely.

Well,if you really haven't, Ripple(ticker symbol: XRP) is a protocol that allows banks,organisations and normals like you and me to send and receive cryptocurrency,fast and easy,with the lowest fees possible.

It was created by Ripple Labs,and it aims to work with already existing financial organisations like Western Union and Goldman Sachs.

To be able to use the protocol,you must have the platform's signature cryptocurrency called Ripple or XRP.

Now we know what ripple is.

So why is it the best to daytrade?

Well, here's why.

Ripples price is currently low.

About $0.20.

'So?' You say.

Well,if you have $5 invested in ripple at this price,and ripple moves up to $0.25(very possible multiple times in a day), then you would have a 25% increase in it's price.

You would also have a 25% increase in YOUR $5.

That would make it $6.25.

Now imagine if you had $100 invested in ripple.

Then a 25% increase would give you $25.

See my point?

Why is this so?

Well,you see,ripple doesn't need a crazy price increase to see big returns.

Since its price is so low,smaller increase yield large percentages in it's price,and in your investment.

Thank me later!

Please if you find this post interesting or educative,kindly hit the tip button below to support my work. Thanks.

If you'd like to support me with bitcoin: 3JdKzLDTYa4zF3QaBa8VxDWwsYVtVBdVte

Or Ethereum: 0xD11C13A2923CD9C2117F1dCcE664413f242d2A2E

Kindly note that this isn't investment advice. DYOR!

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jordanjnr
jordanjnr

Hello! I am a Blockchain enthusiast,bitcoin investor,CEO of BigTycoon group and I love crypto! Hit me up @TycoontechBlog on twitter!


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