Sticking to Ripple (XRP)

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Cryptocurrency will replace how we spend money.

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.

Dogecoin

I also purchased some Dogecoin.
Why?

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.

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Now if this goes to just ONE CENT per unit I’ll just about quadruple my investment.

 

 

CRYPTOCURRENCY

Ripple

Believe It

I purchased the cryptocurrency named Ripple and more than likely I am going to be purchasing some more. Most people don’t understand cryptocurrency, myself included but I do understand that it is the future.

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It was Bitcoin that started it all.

It was Bitcoin that started it all, but for a lot of us the price tag on Bitcoin is far out of reach. Especially on something as mysterious but very exciting like cryptocurrency — not to mention risky!

Like most great things in life, risk is involved. The California Gold Rush is a fine example. Many people lost everything including their lives trying to make it rich. Some people thought that the idea of traveling across the United States to dig for gold was crazy.

The same goes for cryptocurrency with the exception of risking your life. There’s very little to no chance of you losing your life over cryptocurrency. In fact, I guarantee you that you will live.

Remember now, when paper and coin money was first introduced into the United States everybody thought that it would never work. When the idea that you could write down on a piece paper how much money that piece of paper was worth people laughed at the thought. People especially lost it when credit cards became available. Are you kidding me? This plastic card is worth money…? I can even spend money I don’t have…? Wait, what?

Seriously, this is the future. Even if you don’t buy into a cryptocurrency, you will eventually have to. Yes, this is true. The United States dollar will be a cryptocurrency soon. It will act and function just like all the other cryptocurrencies. In fact, it already does. The value of the dollar goes up and down…right? So does cryptocurrency.

I’m telling you, cryptocurrency will be here a lot sooner than you think. Here’s a “heads-up” — Warren Buffet got into cryptocurrency — what’s that tell you?

Here’s a something you might find interesting. Chase Bank told its employees that if they got into cryptocurrency they would be fired. Months later, according to Jon Buck who writes for CoinTelegraph.Com, JP Morgan got into cryptocurrency. JP Morgan owns Chase Bank. What’s that tell you?

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Ripple is the choice for me.

Why Ripple?

Honestly, because right now it’s cheap. Less than sixty-three cents a coin, give or take a penny.

Do the research yourself, by no means am I trying to convince you. Check your history, check about JP Morgan and Chase Bank. Check on Warren Buffet. Check out how Mr. Buffet claims that the cryptocurrency market is going to crash only to invest millions of dollars into Ripple. Check out how Ashton Kutcher surprised Ellen DeGeneres on her show with a four million Ripple donation. What’s it going to take to convince you? Don’t let ignorance stop you – cryptocurrency may be a little difficult to understand at first, but so does learning a foreign language.

Storing Cryptocurrency

You can store your cryptocurrency on a computer, on a paper wallet or on an electric wallet. I recommend the electric wallet. The Nano S Ledger to be exact. I have one. Computers crash, passwords get stolen, paper catches fire and can easily get blown away — the electric wallet is much more secure in my opinion.

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Cryptocurrency is unregulated, meaning it is not controlled or supervised by anyone, which means the only ones who knows what you’re doing is you and whomever you’re dealing with.