is XRP a good investment in 2021

XRP is a relatively unique cryptocurrency investment as it’s not very decentralized like most cryptocurrencies and altcoins, and while there’s a lot of hate on centralization of crypto there are some benefits to it. XRP is a great example of the benefits to centralization, but also the problems that arise due to centralization that we’ll touch on below.

is xrp a good investment in 2021

To not bury for the lead, we personally do not invest in XRP and would not particularly say it is a good investment for reasons we outline below, and from what we’ve seen from institutional Cryptocurrency investors and hedge funds they seem to agree that XRP is not really investible like Bitcoin BTC or Ethereum ETH is.

Despite XRP being one of the top Cryptocurrency on sites like coinmarketcap there’s really no real-life use of it or adoption, even by those “banks” that we’ve all heard love Ripple XRP so much and might trade it one day. The fact is the banks that have partnered with ripple have not committed to really anything at all.

specifically have not made any statements nor have any reason to use XRP it’s self as the Ripple Foundation offers them direct access to the under-layer of XRP that it traded, thus providing no real need for the XRP cryptocurrency it’s self when it comes to their interaction with the blockchain technology.

That is not an issue, if there’s real demand for it as a cryptocurrency or digital gold by the general public. This is where the necessarily issues begin from our analysis there’s little real demand and community behind ripple when compared to other cryptocurrencies. 

It’s less function than things like Dash coin, Ethereum eth, Monero xmr, or Bitcoin btc, and it doesn’t have the PoW or PoS coin generation scheme like they do, which is ultimately takes it away a lot of it’s digital gold argument.

Really we do nt see Ripple becoming something great Crypto, and thus we don’t think it is a good investment at all. The Ripple Foundation owns the vast majority of Cryptocurrencies and has ample funds, and in our opinion the only reason XRP has such a high marketcap is due to the Cryptocurrency ownership being so hyper-centralized that there isn’t really enough independent people capable of selling it.

 Do We Invest in XRP?

Absolutely not we don't invest in XRP and in fact we’d group it in the category of a shitcoin because it has no real fundamental support in our opinion when it comes to the XRP price, and there’s really no path forward for XRP that would make it a good investment.

The only way Ripple XRP becomes a good investment in 2021 or in future if Banks stay around, we continue to live in a Fiat money, and Cryptocurrency as a whole fails which in our opinion is not posible only essentially impossible at this stage,

but if this occurs investment in the XRP cryptocurrency would implode due to the negative sentiment in the digital space, and like we mentioned earlier, there’s no guarantee whatsoever banks would need to use ripple XRP it’s self rather than the under-layer of the Ripple protocol and even if they did it only be used as a settlement layer, which means upside is extremely limited in price.

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