The figures are misleading to many people, and most crypto currency traders think that the profit from investing in BITCOIN is the quickest and best. Many believe investing in the XRP is less profitable and beneficial to investors.
And because the number of this crypto currency directed to banks is too large and estimated billions of units, instead of the number of BITCOIN few million say they will not reach $ 3, which happened a few days ago, but we began to hear that our expectations of the arrival of this crypto currency to $ 10 is a madness and unreasonable!
But all of these beliefs promoted on Facebook and crypto currency forums and brought to you by respected commentators here will become fallacious after reading this article.
To do that, we must answer an important question: How much would you now earn if you invested $ 100 in the XRP in January 2017?
The currency of the XRP is rising strongly through 2017
Perhaps because this crypto currency has remained between $ 0.15 and $ 0.25 for a long time, I thought it was a failed crypto currency and did not grow strongly.
It's the biggest trick many people have, who are also interested in crypto currencies and who follow the world's top 10 crypto currencies.
Believe it or not, this crypto currency, according to CNBC, has achieved a growth of 36,000 percent, a very large percentage did not grow the major currencies of speculation in the world, including Pitcairn!
The crypto currency has come a long way from January 2017, where it was worth $ 0.006 to $ 3.02 this year.
How much would I earn if I invested $ 100 in the ripple in January 2017?
Investing $ 100 in buying this crypto currency during January 2017 would have come to you with about 15,634.77 units of XRP.
Yes, we are talking about more than 15,000 units worth $ 3.02 each at the beginning of this year, which means a profit of $ 46,904.32, yes that's $ 46,000.
That is, within 12 months, $ 100 has turned into $ 46,000, which means more than successful investment.
Small investment and very large profits
Unlike BITCOIN, which requires a lot of money, although it is possible to buy a small price, but the profit from it in general expensive.
The lack of the number of homeowners make any loss to them strong and bad for traders until it passed several weeks on the record of nearly $ 20 thousand and yet still floundering at the price of $ 15,000.
On the contrary, RIPPLE currency, while losing, for example, 30 percent of its value, is found to have fallen by a few cents rather than dollars.
But in general if you do not think it is a crypto currency that does not grow strongly, the figures we discussed above confirm to us that this is just a common misconception.
Thank you for reading this, and i hope you enjoyed it.