When interviewed by Forbes magazine back in February this year, he had this to say about crypto:
This statement summarizes why he went for XRP. He also went on to add that his family thought he was insane for putting down $2 Million on an unproven investment:
His story is unique for it exemplifies one of the mantras of investing that says HIGH RISK, HIGH RETURNS. LOW RISK, LOW RETURNS.
The following statements might sound cliche, but this is what is going on right now in the crypto-verse.
WE ARE AT THE CUSP OF SOMETHING GREAT and REVOLUTIONARY with cryptocurrencies and blockchain technology. As is the case with everything that is new, the general perception to the general public is one of fear and doubt for it is purely unknown. Once we do our research and peel down the layers of mysteriousness, cryptocurrencies become the most wonderful investment option our generation has ever seen.
Sure, there will be serious ups and serious periods of decline. But that is part of the ride whenever we embrace a new market. It is part of the high risk, high reward part of investing. Therefore, this trying time in the crypto-markets can be reacted to in three ways:
To trade cryptocurrencies, sign up with Binance!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pexels
The post Keep HODLing BTC, ETH, XRP, LTC, TRX: We Are On The Cusp Of Greatness appeared first on Global Coin Report.
Read more at https://globalcoinreport.com/btc-eth-xrp-ltc-trx-are-on-the-cusp-of-greatness/
source: https://globalcoinreport.com/btc-eth-xrp-ltc-trx-are-on-the-cusp-of-greatness/
Article comments