I have not taken out time to analyse the XRP inorder to ascertain if it's good for a short term or longer term investment. The chart analysis would give a clear picture on this.
Ripple isn't interesting in the short run, as prices aren't stable yet, but it's a war decision. Long-term investors will get more by investing in Ripple than short-term investors.
Any cryptocurrency can be traded for profit , but the point is that you may not likely know how to trade even if you have the opportunity , except you have taken the necessary training that can help you trade profitably in the crypto space without losing.
I like the way in which there is a lot of activity in the xrpchat and that is usually very good for people who want to be scalping daily and that is real my preferred option
The general rule about cryptocurrency is that if you see strength then you should long and if you begin to see that the coin is weak then you should shut it as simple as that.
I didnt see any reason why i shouldn't trade XRP coin with any other coin if its legitimate and its also doing well in the crypto currency market and ripple is actually a good coin
xrp is one of the cryptocurrencies that day traders use to make some good amount of money. Some peoples scalp it and make some good profit at the end of the day. The thing is that it looks less volatile than a lot of other cryptocurrencies.