Ripple took me on a wild ride yesterday!
Yesterday I watched my little $77 initial investment in #Ripple (XRP) start to take off. I went to bed Saturday Night with the price sitting at a robust $.007 a coin! Lol.... Only thing is I woke up Sunday morning with the price sitting at $.02 and rising! I was holding 10000 coins that i purchased at $.006. I had every intention on going in and buying more at $.006 but I let it slip my mind. When I saw the price jump to $.02 so quickly I knew there had to be some news attached to that kind of movement so i grabbed my phone to see how much BTC i had. I was sitting on like $250 usd in BTC. Dummy me only loads $100 of the $250 to my Bitstamp.net account (don't ask me why!) and I rushed and purchased more #XRP. The price continued to rise to $.04 and I think to myself "why didn't you load the whole $250?" so now I go back and load a additional $100 and purchase more XRP. Currently I'm holding 14132 coins. I sat and watched the price climb all the way to $.069 then all of a sudden tumble back down to $.045 where it currently sits. I'm new to this and I wish I would have sold when it started to fall. My $277 was worth $970 in XRP at that moment. I could have repurchased when the price settled and had double the coins! smh I watched the market for the rest of the day waiting on another opportunity.
But what is behind this surge in the price of Ripple? Well in article that came out yesterday on cryptocoinsnews.com, Ripple has made advancements to the RCL (Ripple's blockchain) which they claim they can match VISA, the worlds largest payment network, in transaction thoroughput (70k transations in less then 4 seconds) read below....
https://www.cryptocoinsnews.com/ripple-claims-transaction-thoroughput-now/
Then there's this......
https://www.cryptocoinsnews.com/google-apple-prefer-ripple-blockchain-tech-over-visa/
I know some of the people involved with Ripple have had "questionable things" occur in there past but if you don't have XRP in your portfolio then you should consider adding it.
Currently I sit here after investing $277...
