gamer456148

XRP Short Price Bursts

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BITSTAMP:XRPUSD   Ripple
I invested in Ripply when it was around 23 cents, but made a few mistakes where I could have waited and sold it for better returns. RIpple is one of those currencies who have positive correlation bursts all of the sudden. The next few weeks this could be possible given its recent increase in media attention, demand, and speculation. However it is still higher risk for less seasoned investors. When Ripple has a huge price splash that it usually past 35% in a given day, (Think May 17th and negative correlation turn around), a negative price burst can evidently happen in an ongoing cycle. Ripple's protocol is for faster transactions through its system. Overall though, it is highly investible but the type of crypto is short term strategy then reinvesting from time to time. You can still profit long, but not as much and will need to know what patterns to expect.

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