A long term perspective of XRP

7 thg 6, 2020

A smart person once told me to learn the rules of the system and to play its game...
This game is full of manipulation, where in the short-term, it can be a very difficult game to play. It becomes increasingly information intensive the more granular you go, and even so, your interpretation could be flat out wrong. Or, on the other hand, it could be completely right and everyone else interprets it wrong and that still leaves you being not profitable.
Regardless, that's why I believe more in the longer play.

So what are the rules of the game though?
They're actually quite simple.

You should always aim to:
- Buy low and sell high and
- Operate in what you do know and avoid what you don't.

What I know?
I know that there is a future for crypto, especially XRP. Governments all around the world have been increasing regulation, thus allowing crypto to operate in a sustainable environment, because they quite simply believe in its future. The US specifically does not want to lose the technological arms race with China and its digital Yuan and have addressed that recently in the stimulus packages.

The success of Ripple and XRP are inextricably linked together, as its decentralized aspect and its public code both contribute to an irreplaceable solution for tackling specific business problems involving global trade and liquidity. They have connections to DC and to companies such as Microsoft, Google, and Amazon and have completed their goals reliably, showing the competence of their team. They have different angles to sell this product towards regulatory adoption, whether that may be providing value to the world's most financially marginalized by making remittances cheaper or by arguing that the resources required to support the network is less intensive than BTC, ETH, and even VISA. The investment offers exponential value, as the network effect and ODL drives up its volume.

Here, we have good news and increased volume, but no price movement to the upside. What a suppressed asset! What an undervalued asset!
They even have different verticals that they can expand towards. From remittances to derivatives, or even to offering a new system to what may be the next generation's plumbing of our global financial system, they have limitless potential and the reliable competence to make it happen. They could even somehow be intertwined with the new digital dollar and/or other CBDCs.
The potential is to the moon and beyond. And that's why I believe XRP is a strong investment.

I don't know when it will go up, but I have a range though.

When it comes to assets, people tend to trade on patterns and try to make them work in their benefit. As liquidity begets liquidity, price movements are often exacerbated by external factors, and these factors are typically not coincidental. There are very powerful groups involved with Ripple's success and their end game is the same as ours: to turn a profit.
Therefore, it is logical to assume that there will be upside to generate said profit.

But when?

We can assume the tides should change from the bears to the bulls during crypto's next market cycle (look into hash ribbons and how they track supply shocks in BTC on the open market). It's all just a matter of time.

----------------------------------

So what should you make from all of this?
Just remember to buy low and sell high. Right now, the price is relatively low from the last all time high. Could it go lower? Of course it can. We could see a second wave of the virus since countries all around the world have been opening up. We could see it in the winter since some believe that the weather could be a factor of its infection rate. At the end of the day though, depending on your time horizon and your target, you should trade only based on what you believe XRP is capable of and if you have the flexibility to wait the time you have allotted yourself.

I am by no means no financial expert, but I also believe you don't have to be to make certain trades.
For example, those in the finance world deemed March 12, 2020 as "Black Thursday" because no one had a safe haven. Professionals typically flock to stable government bonds during times of uncertainty, but even they weren't safe. Only cold hard cash was the king of that shit show. That just goes to show that some things in life are just unpredictable, but at least now we all know that we should always listen to Bill Gates before we make big financial decisions, but that is besides the point.

Going back to what I said before, you just have to know what you do know and what you don't. I know crypto is here to stay and that XRP has the ability to make incredible changes in the world by providing value to the real economy. They have potential that is only limited to the GDP of the entire world.

XRP is going to the moon. I just wish you all will be there to ride it with me.

----------------------------------

With kind regards,

-LB