It’s here to stay, it’s not going anywhere.
Get wise and get familiar with cryptocurrency.
Cryptocurrency — what is it?
Cryptocurrency is money that exists in a digital or virtual state rather than in physical form. You can’t literally touch cryptocurrency like you can with modern-day currency. It uses cryptography to secure and verify each and every transaction. This is done to control the amount of new units of a particular cryptocurrency being created.
My 2nd Blog Post on Cryptocurrency
If you read my last post on cryptocurrency, you’ll remember me writing that XRP was at around sixty-three cents per units. Well, it has since dropped to more than half that. In fact, as of right now as I write this XRP is at thirty-one cents. This may have scared off a few people into selling ALL their units but most stuck to their guns (like me) and held on. In fact, I even purchased twice as much as I did the first time around.
XRP wasn’t the only cryptocurrency that got hit, in fact, some cryptocurrencies went belly up. “What happen?” you might wonder. I’ll tell you.
Bitcoin Gold got hacked. Millions of dollars were either lost and/or stolen.
The whole cryptocurrency community was shattered. Some scared off.
Yes, it happens. Not very often, but it happens.
But you know what…?
The way I look at it, banks get robbed too.
Why Ripple (XRP)?
If the company, Ripple, goes “out-of-business”, XRP will still be in the cryptocurrency world. I don’t think that’s going to happen, but it’s nice to know.
How do I know?
All it takes is one transaction experience for someone to realize the superiority of XRP over a dinosaur like Bitcoin.
Look into it for yourself, do the research. You will see that XRP isn’t going anywhere.
I also purchased some Dogecoin.
I looked around the cryptocurrency market at CoinMarketCap.Com and checked out the top 30 cryptocurrencies. I decided to start at the bottom and work my way up when I noticed a cryptocurrency well below the #30 spot.
It stuck out, I suppose, so I clicked on it and read up on it.
Okay…I liked it. Let’s move on.
I checked on about another four or five cryptocurrencies, but Dogecoin just kept popping in my mind.
So I went back and read up a little more.
I even watched a video of the creator of Dogecoin, Jackson Palmer, and liked what he had to say. His story reminded me a little bit of how the BEASTIE BOYS got started and their break-through album released on November 15, 1986 by Def Jam, LICENSE TO ILL.
And yes, I’m a Beastie Boy fan so I decided to go for it and purchased as much Dogecoin I could afford.