How to Buy Ripple with Credit Card. Is XRP a good investment

Ripple Review and Analysis

Ripple (XRP) statistics & facts

Overview

Ripple is a very unique cryptocurrency that differs a lot from other cryptos featuring on the top cryptocurrencies list in a variety of ways. Its first unique feature is the fact that it was founded back in 2012 with the clear aim of tackling the problems of the international payment transfers industry and making international transactions easier, faster and simpler. Unlike most other top cryptocurrencies, in the case of Ripple there is one central entity holding the majority of the coins and that is Ripple labs. Out of the total number of 100 billion XRP that will ever exist, 50 billion are owned by Ripple labs.

By the end of the guide, you should know the following:

• A brief history of Ripple.
• What Ripple can be used for.
• If Ripple is a good or a bad investment.
• How to buy Ripple.
• Where to buy Ripple.

Pros and Cons of Buying Ripple

The Benefits of Ripple

The fees charged by Ripple for an international money transfer are significantly lower than those charged by financial institutions, while Ripple fees are also lower than other cryptocurrencies. Moreover, via Ripple an international money transfer may be completed in a few seconds as opposed to about a week that is needed through regular channels.

Since Ripple is clearly directed towards international payments its team is able to deliver the best solutions targeted at this particular industry.

Since Ripple has ties with big financial institutions, such as American Express and Santander, it is one of the very few cryptocurrency platforms which are being tested out in the real world.

Things we didn't like in Ripple

Contrary to decentralization that is the core idea behind cryptocurrencies, the fact that Ripple labs actually owns half of all the Ripple coins, attracts criticism that Ripple is instead centralized and this is considered a downside by many crypto enthusiasts.

Another con is the fact that since it serves international payments Ripple’s biggest users are banks and financial institutions, who have started developing their own cryptos for international payments purposes.

Historical performance

Though launched in 2012, Ripple’s price has shown noticeable growth since mid-2017, similarly to most other cryptocurrencies. Ever since it has grown enough to now be the third most valuable cryptocurrency with a market capitalization of $34.12 billion. Also, similarly to other cryptos XRP’s top performance in 2017 was followed by a crash in its price by mid-2018, but recovery signs have emerged soon after. Price fluctuations are to expected and as in all cryptos are very much present in the historical performance of Ripple as well.

Ripple price charts

Ripple (XRP) Future Price Forecast Predictions

* The prediction figures outline some of the Potential high and low of Ripple (XRP) price prediction forecasts for the years 2021, 2022, and 2025 based on the data collected from various sources meant strictly for educational purposes only and not taken as investment advice.

Ripple (XRP) Price Prediction for the year 2021

By the end of the year 2021, using forecast and algorithmic analysis, our price prediction forecasts suggest that one Ripple will reach an average price of $2.3, which will be an impressive 426% growth from it's current market price.

Ripple (XRP) Price Prediction for the year 2022

By the end of the year 2022, our price prediction forecasts suggest that one Ripple will reach an average price of $4, which will be an impressive 741% growth from it's current market price.

Ripple (XRP) Price Prediction for the year 2025

By the end of the year 2025, our price prediction forecast suggests that one Ripple will reach an average price of $21.8, which will be an impressive 4042% growth from it's current market price.

Where Can You Buy Ripple

There are several online sites and platforms where people from across the globe can buy Ripple at good exchange rates and with low or no transaction fees. To aid your quest we have comprised a list of some of the most popular methods and platforms to buy Ripple from and your strongly advised to consult this list before making your first purchase of or investment in Ripple.

How Can You Buy Ripple

It only takes a few easy steps to buy Ripple with credit card instantly. Speed matters - get instant confirmation, minimal registration & KYC verification!

By the end of the guide, you should know the following:

• Click the Buy Now button.
  Buying Ripple with debit card is easy, fast and risk-free. All you need to do is click the “Buy Now” button and then be safely directed to the check-out page.
• Fill in the fields.
• Proceed to checkout.
• Receive your Ripple.

To help you pick the right choice, we combed through the leading exchange offerings, and reams of data, to determine the best crypto exchanges as well as the top cryptocurrency brokers when it comes to trading and investing in Ripple and other cryptocurrencies.

Ripple investment analysis

To discern whether Ripple is a viable investment for you in 2021 you need to understand the different nature of Ripple, which is often viewed as a disrupter of the transaction industry, and discern whether it is suitable for your own needs and wants as an investor.

XRP does suit the needs of different trader and investor styles and it is an altcoin which is respected and established enough to be holding its position in the top five cryptocurrencies globally. Moreover, as its actual usage is aimed towards the needs of mainstream financial institutions, it is also a good choice for thematic investors, particularly those wishing to invest in the future of payment transactions.

Due to its primary usage and link with the more traditional financial institutions, the price of Ripple is impacted and influenced by different factors than those usually affecting the prices of cryptos and due to this Ripple can also be used as a hedging tool when investing in other currencies.

The price of XRP tends to move in tandem with the general cryptos ecosystem and often with that of Bitcoin and as all cryptos XRP is a highly volatile asset which may offer many short-term trading opportunities, thus making it a very good investment vehicle for day traders.

Risks of Investing in Ripple

Ripple’s value exploded by an impressive 36,000% in 2017, but when this percentage was translated into actual stock value this was a much less impressive $2.40 stock value. This reveals a risk when investing in cryptos, since high percentages may seem impressive and falsely distract you, so you will need to be able to measure growth in terms of real numbers to have an accurate picture.

Tips on How to Invest in Ripple and Make a Profit

There is no guarantee that you will make a profit when you invest in Ripple. However, to give yourself the best chance possible we have hand-picked the three most valuable such strategies, which you can find below:

• Tip 1: Set your own specific Financial Goals
• Tip 2: Dollar-Cost Average Your Ripple Investments
• Tip 3: Diversify Your Ripple Investment

Overall Conclusion – Final Thoughts

Ripple’s best features are its fast transaction speeds and ease of performing international payment transactions, which ensure it a vast market presence. Since it is centralized and its majority is controlled by its owner company, contrary to other cryptos Ripple cannot be mined, but can only be obtained if it is bought or traded. Some crypto enthusiasts may be put off by this, especially those with the knowledge and resources to engage in mining. Others may see this as an advantage, since it means that the process of getting hold of some Ripple is clearer and more streamlined.

In this guide, the aim wasn’t only to answer simple questions like “how to buy Ripple?” or “where to buy Ripple?”. Instead, the goal was to equip you with the relevant knowledge and insight to be able to see and understand the bigger picture as well as make your Ripple investment journey as successful and as profitable as possible!