Notifications Bell

Ripple XRP how to buy

Ripple XRP how to buy

Buying Ripple is an investment that comes with significant risk. While XRP trading experienced immense highs, it is also fallen to devastating lows. Here are the options to buy Ripple (XRP).

Ripple is a real-time blockchain-based payment protocol, which relies on bank servers to reach consensus and confirm transactions. The protocol has its own cryptocurrency, XRP.

Ripple Labs Inc. created Ripple and it was co-founded by Chris Larsen and Jed McCaleb in 2012.

Ripple is an open-source, peer-to-peer decentralized platform that uses a similar system to SWIFT, the system currently used by banks for international money transfers. The network’s cryptocurrency, XRP, serves as an intermediary medium of exchange for two currencies or networks. The protocol can exchange fiat, cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), and other assets such as gold.

Ripple (XRP) cryptocurrency is premined and it does not rely on a Proof-of-Work (PoW) like Bitcoin or Proof-of-Stake (PoS) like Cardano. That means that the company behind the crypto, Ripple Labs, is putting XRP tokens in circulation, as with any other initial coin offering (ICO).

Unlike banks, Ripple doesn’t have a central authority to set up nodes and validate transactions, and that’s why it is described as a decentralized network. However, many voices within the crypto space argue that Ripple isn’t truly decentralized and that it uses bank servers, which is exactly the middleman that the blockchain wants to avoid for financial operations.

The advantage of Ripple is that it can settle transactions within seconds and has low fees, unlike the traditional banking system that takes even weeks to confirm a wire transfer.

Inventors should also be aware that US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in 2020. The SEC argues that XRP tokens should have been registered as securities. So far, the trial goes on, slowing down the adoption of Ripple. As a result, some cryptocurrency exchanges have dropped XRP from their listing.

There is a total supply of 100 billion XRP. As of November 2021, only 47.16 billion XRP are in circulation.

As crypto exchanges have become more accessible and the XRPUSD price has risen, more people have begun to invest in cryptocurrency. Ripple trading is allowing a great transfer of wealth and even new investors can hope to profit from its fast growth and earn higher returns than they would on the stock market.

With so much attention from the media and financial traders, new cryptocurrency investors are always looking for advantageous ways (platforms) to buy Ripple (XRP) online. Luckily, there are numerous services and guides on how to buy Ripple to help you get started in the cryptocurrency market.

Where to Buy Ripple

There are two ways cryptocurrency investors can choose when searching how to buy Ripple online:

  • Cryptocurrency exchange
  • Online Brokers

Crypto exchanges might be a good option for holding your funds, especially if you plan to withdraw them to a private wallet.

Online brokers are another great option where to buy Ripple (XRP), which is increasing in popularity lately due to ease of trading, fast transaction, and greater control over the digital assets in your portfolio.

When you use a broker platform, you gain access to a comprehensive feature set that will assist you in more precisely calculating your strategies and risks. As a result, you will be able to add more indicators to the chart and use the built-in technical analysis tools. However, unlike an exchange, the broker platform will not provide you with the same large offer of cryptos to trade.

Additionally, global brokers like CAPEX also provide a few options to indirectly invest in Ripple and other cryptocurrencies: cryptocurrency Exchange-Traded-Funds (ETFs) and companies connected to cryptocurrencies (crypto stocks).

Such multi-asset platforms hand investors many useful financial instruments that can generate a passive income (interest with forex trading or dividend with stock trading).

Buying Ripple (XRP) over an exchange

If you want to participate in a crypto project development and own the digital asset, you can buy Ripple (XRP) online through a cryptocurrency exchange, such as Binance, Kraken, Bittrex, or Coinbase, and store it in a digital wallet.

Having an account on a cryptocurrency exchange allows you to send and receive Ripple (XRP). Transferring Ripple is like the way traditional bank transfers work, except for the bank account address, which is replaced with a Ripple address. Because digital currency is transmitted directly between individuals without needing third-party entities, such as banks, transaction fees are cheaper than those charged by traditional institutions.

If you want to hold your crypto for a longer time, it is advised to transfer them from the crypto exchange to a secure cryptocurrency wallet. Wallets are much safer, and each private crypto wallet has a private key. It is critical to keep your private key safe because you won't be able to access your crypto without it, and if it's easily available, your funds could be stolen.

Buying Ripple (XRP) through an exchange is for those who want to use it for day trading or purchasing crypto to transfer to a wallet. When you’re buying Ripple (XRP) through a cryptocurrency exchange, you own the digital asset, and you can transfer it to a crypto wallet or do whatever you wish with it. If the price of Ripple rises, then the value of your portfolio goes up as well. But if the price of Ripple (XRP) falls, then the value of your portfolio falls, while the amount of Ripple (XRP) remains the same.

Here are the main drawbacks when buying Ripple (XRP) through a cryptocurrency exchange:

  • Cryptocurrency exchanges may not be regulated in your country and offer little to no protection for investors.
  • The matching engines and servers on Ripple (XRP) exchanges are often unreliable, leading to the inability to access your account and control your funds.
  • Cryptocurrency exchanges have many restrictions and limitations for their services, including transaction fees, withdrawal fees, and imposing minimum amounts for funding and withdrawing funds.

The good news is that investors can limit the risks presented by the crypto exchange by trading Ripple (XRP) with contracts for difference (CFDs). Ripple (XRP) CFDs allow you to speculate on the price of the cryptocurrency without having to own the digital asset.

Read on if you want to learn to trade Ripple with capex.com in the most convenient way.

Buying Ripple (XRP) with an Online Broker

Trading Ripple (XRP) with an online broker like CAPEX means that instead of owning Ripple outright, you’ll be speculating on its price with CFDs.

The main difference between buying Ripple (XRP) from an exchange and buying Ripple (XRP) from an online broker is that you don’t own the Ripple (XRP) when you use a broker. Owning crypto requires investors to have a crypto wallet, either within the exchange or a private wallet. But when you purchase Ripple (XRP) CFDs using an online broker, the CFDs are stored in your account and are far more liquid, which makes trading CFDs more popular. Unlike cryptocurrency exchanges, online CFDs brokers are regulated by financial authorities.

The Alternative Way to Invest in Ripple (XRP)

Trading CFDs is a process of buying or selling CFDs and can generate a profit if the value of the asset moves in the direction of the investor’s prediction, or a loss if the market goes against him.

You can buy Ripple CFDs (go long) if you believe the value of the digital asset will increase.

At the same time, you can “go short” if you believe that the price of the underlying asset, in this case, Ripple (XRP), will decrease, by selling CFDs.

Trading CFDs provides leverage, and you can open your position by depositing only a margin.

For example, if a trader wants to buy 1000 Ripple CFD at $1 would only require $500 of trading capital.

It’s important to remember that leverage can increase both your profits and your losses, and they will be based on the full exposure of the trade, not just the margin requirement needed to open it. Potential losses, as well as profits, could exceed your margin.

Concisely, if you choose to trade crypto CFDs, you can profit from the difference between the buying and the selling position.

With CAPEX, you can trade CFDs on futures or spot prices. Trading CFDs on futures gives you exposure to the futures market, but without requiring you to take on any obligations or worry about any of the other nuances that are associated with futures trading.

Buy Ripple CFDs - Go Long

Instead of taking ownership of Ripple, you can place a ‘long position’ translates to buying Ripple CFDs. Your position, or Ripple CFDs, will increase in value according to the increase in the price of the digital asset Ripple’s price increases. If the price of Ripple falls, then your position will lose value and can lead to loss.

Let’s assume that Ripple is trading at a sell/buy price of 1.01/1.02 USD. You want to buy 1000 CFD (units) because you think the price of Ripple will go up. Ripple has a 1:2 leverage or a margin rate of 50%, which means that you must deposit only 50% of the position’s value as position margin.

In this example, your CFD position margin will be $510 (50% x (1000 units x $1.02 buy price)). Losses greater than the margin can occur if the price of Ripple moves against your position.

Outcome A: a profitable trade

If your prediction was correct, and the price of Ripple surges over the next hours or days, then you have made a profitable trade. If the sell/buy price is 1.22/1.23 USD when you decide to close your position by selling at 1.22 (the new sell price), then your profit will be $200.

The price has moved $0.2 (1.22 – 1.02) in your favor. Multiply this by the size of your position (1000 units) to calculate your gross profit which is $200.

If the position was closed during the day, there will not be any swap charges and the net profit is $200.

If the position was closed after a few days, there will be swap charges according to the overnight rollover specification, in this case, -0.0563%.

Let us assume the position was closed the next day, the overnight swap calculation formula will be:

  • Overnight swap = 1000 (units) x $1.12 (price at rollover) x 0.0563% x 1 (days) = $0.63

Therefore, your total profit on Ripple CFD is your gross profit plus the rollover cost.

  • $200 - $0.63 = $199.37 net profit

Outcome B: a losing trade

If your prediction for the price of Ripple was wrong, the Ripple CFD trade will result in a loss. Let’s assume that the price of Ripple drops over the next hour to a sell/buy price of $0.98/0.99. Because you want to limit the loss in the eventuality that the price continues to drop, you can sell at $0.98 (the new sell price) to close the position.

The price has moved $0.04 (1.02-0.98) against you. Multiply this by the size of your position (1000 units) to calculate your loss, which is $40.

Sell Ripple CFDs - Go Short

In this CFD example, Ripple is trading at a sell/buy price of 1.01/1.02 USD. Assume you want to sell 500 CFDs (units) because you think the price will go down. Ripple has a 1:2 leverage or a margin rate of 50%, which means that you only must deposit 50% of the position’s value as position margin.

In this example, your CFD position margin will be $505 (50% x (500 units x $1.01 sell price)). Remember that if the price moves against you, it is possible to lose more than your initial position margin of $505.

Outcome A: a profitable trade

Your prediction was correct, and the price falls over the next 2 days to a sell/buy price of 0.9/0.91 USD. You decide to close your trade by buying back at $0.91 (the new buy price).

The price has moved $0.2 (1.01-0.91) in your favor. Multiply this by the size of your position (500 units) to calculate your profit, which is $100 gross.

Let us assume the position was closed after 2 days, the overnight swap calculation formula will be:

  • Overnight swap = 500 (units) x 0.98 (average price at rollover) x 0.0118% x 2 (days) = $0.11

Therefore, your total profit on Ripple CFD is your gross profit minus the rollover cost.

  • $100 + $0.11 = $100,11 net profit

Outcome B: a losing trade

Unfortunately, your prediction was wrong, and the price of Ripple rises over the next hour to a sell/buy price of $1.04/1.05. You feel the price is likely to continue up, so to limit your potential loss you decide to buy at $1.05 (the new buy price) to close the position.

The price has moved $0.04 (1.05-1.01) against you. Multiply this by the size of your position (500 units) to calculate your loss, which is $40.

If you are not ready to trade CFDs at spot or futures prices yet, we have also got educational resources like CAPEX Academy with free courses on how to trade. Plus, we offer a demo account – giving you $50,000 in virtual funds to build your confidence in a risk-free environment.

Investing in Ripple without actually buying Ripple

While buying and day trading cryptocurrency is a major trend right now, it is important to remember that cryptocurrencies are a volatile and risky investment choice. If investing in crypto on an exchange or via a broker does not feel like the right choice for you, here are a few options to indirectly invest in Ripple and other cryptocurrencies:

Exchange-Traded Funds - Crypto ETFs

Exchange-traded funds (ETFs) are popular investment tools that allow investors to buy exposure to hundreds of individual investments in bulk. That is why ETFs are a means of diversification for your portfolio and as less risky than investing in individual investments.

A crypto ETF allows investors to trade cryptocurrency on a traditional market and eliminates the need to trade the asset on a crypto exchange. Another advantage of trading crypto ETFs is that investors do not have to worry about the security aspects of trading crypto.

US investors can enter the crypto market by using ProShares Bitcoin Strategy ETF (BITO). The Fund provides capital appreciation through managed exposure to bitcoin futures contracts.

A Ripple ETF could come in 2022. The approval of a Bitcoin ETF means a similar offering for Ripple is imminent. Meanwhile, ARK 21Shares Bitcoin Futures Strategy ETF, ticker ARKA, plans to track everything from Bitcoin to Ripple and Polkadot.

>> Learn what is an ETF and how does it work

Companies Connected to Ripple and Cryptocurrency - Ripple Stocks

Another option is to invest in cryptocurrency indirectly by investing and buying shares of companies that offer real-life products and services but still use or own cryptocurrencies as part of their business model (known as Ripple stocks). With an all-in-one trading account with CAPEX, you can also trade shares CFD of public companies like:

  • JP Morgan Chase (JPM). This global leader in financial services has funded ConSys, a Ripple software company. Learn how to buy JPM shares
  • ING Group (ING). The Dutch multinational has backed HQLAx, a blockchain liquidity management platform. Learn how to buy ING shares
  • Barclays (BARC). The British multinational's list of investments includes RealBlocks, a tech platform that connects advisors and investors to alternative investment managers. Learn how to buy Barclays shares
  • Coinbase (COIN). Coinbase is a cryptocurrency exchange that allows consumers, financial institutions, and businesses to transact between fiat and cryptocurrencies and securely store and use cryptocurrencies. Learn how to buy Coinbase shares
  • Goldman Sachs (GS). This leading global investment banking, securities, and investment management firm listing includes Coin Metrics, a provider of blockchain data to institutional clients. Learn how to buy Goldman Sachs shares
  • CME Group (CME). CME is a financial derivatives exchange that offers trades in cryptocurrencies as well. In Q3 2021, the company reported a 14% year-over-year increase in its average daily volume (ADV) at 17.8 million contracts. Learn how to buy CME shares

>> Learn more about stock investing

How to buy Ripple

Are you wondering how to buy Ripple with CFDs? CAPEX offers XRP trading via CFDs on Ripple USD spot prices to speculate on the value of XRP against the most popular currency, as well as the brand-new PRO Shares Bitcoin Strategy ETF. Here are the steps:

Step 1: Create an account and deposit funds

When you trade on cryptocurrencies, instead of purchasing Ripple and other popular digital currencies, you can be ready to open a position much faster. You do not need a digital wallet or an account with an exchange. In fact, all you need to trade via CFDs is an account with a leveraged trading provider.

With CAPEX, you can open an account in minutes, and there is no obligation to add funds until you want to place a trade.

Ripple account capex
How to create an account with CAPEX

When you create a trading account with CAPEX, you will be able to:

  • ‘Buy’ (go long) or ‘sell’ (go short) Ripple and other popular cryptocurrencies to speculate on their price rising or falling
  • Take a position on our range of ETFs to get exposure to a basket of shares from an entire country, index, or sector that could be rising or falling in price.
  • Trade a host of global indices to go long or short on the performance of an entire economy with a single trade.
  • Use QuantX, the smart portfolio builder that helps you cover the popular industries and only invest in the top-performing stocks.

Step 2: Choose your Crypto trading platform

Our trading platforms can provide you with a smarter and faster way to trade Ripple CFDs – with personalized alerts, interactive charts, trading signals, and built-in risk management tools. You can trade via the CAPEX trading platform using:

CAPEX Web Trader

Trade on one of the most complete, fully customizable trading platforms on the market.

Available on desktop (Windows, Mac) and mobile (Android, iOS), it provides intuitive, web-based access to a vast range of tradable instruments, charting tools, analytical tools, and many more features.

To view Ripple's real-time price and chart on the trading platform can click on the "Search" icon located in the left panel or by clicking on "Cryptocurrency" and then select the instrument, in this case, Ripple.

Ripple trading app
WebTrader CAPEX

MetaTrader 5

MetaTrader 5, one of the best crypto trading apps, is providing superior tools for comprehensive price analysis, use of algorithmic trading applications (trading robots, Expert Advisor), and copy trading.

MetaTrader 5 is available on both desktop and mobile.

Step 3: Pick up a Ripple trading strategy

Learning how to buy Ripple is easy but adopting the right Ripple trading strategy is essential to time the market.

The main Ripple trading strategies are:

Buy-and-Hold

Buy and hold, also called position trading, is an investment strategy whereby an investor buys Ripple to hold them long term, with the goal of realizing price appreciation, despite volatility.

Trend trading

Traders take a position according to the main trend (months to years). You can “go long” if Ripple is in a bullish trend or “go short” if the Ripple trend is bearish. If the major trend starts to slow or reverse, you will think about closing your position and opening a new one to match the emerging Ripple trend.

Day trading

All trades are performed during the day. There are no open positions overnight, though no rollover charges. Traders are looking to profit from Ripple’s short-term price movements (including scalping), and it can enable them to make the most of daily volatility in bitcoin’s price.

Hedging

When you hedge Ripple, it means that you use CFDs to counteract the Ripple price movement you already own. For example, if you owned some Ripple but were concerned about a short-term drop in their value, you could open a short position on Ripple with CFDs. If the Ripple price falls, the gains on your short position would offset some or all the losses on the coins you own.

Following the chart patterns and general trends can give you a hint to where Ripple is going.

Step 4: Set your Ripple orders

A trade order is an agreement to buy or sell a specific asset like Ripple at a specific price or price range.

To buy Ripple CFD with CAPEX, click on the "Buy" button and a window is displayed to configure the purchase order. You can choose among Market, Limit, and Stop orders.

Additionally, you can pre-define Stop Loss and Take profit orders, which are crucial risk management tools – that help you minimize the potential loss and maximize the potential gains.

Ripple buy capex
Ripple buy orders

How to buy Ripple with Market Orders

The simplest type of trade order is a market order. Market orders are usually placed by traders if they want to be certain trade is executed. A market order is instant. Therefore, it is simply an order placed by a trader to buy or sell Ripple immediately at whatever its current price is.

I want to buy 2000 Ripple (XRP) right now or as quickly as possible.

How to buy Ripple with Limit Orders

While a market order is simply an order placed by traders to buy or sell an asset immediately at whatever the current price, a limit order in its most basic sense, is an order to buy or sell an asset at a specific price. Buy limit orders are placed above key support levels with the purpose of limiting price risks anticipating the uptrend will resume after a correction (buy the dip).

The price for XRP/USD is currently at USD 1.09 and you place a buy limit order at USD 1.01, then your order is meant to execute at the price of USD 1.01 as soon as there is a matching sell order at this price or better.

How to buy Ripple with Stop Orders

A stop order is an order that becomes a market order only once a specified price is reached. It can be used to enter a new position or to exit an existing one. Limit orders are placed above key resistance levels anticipating a breakout after a consolidation.

The price for XRP/USD is currently at USD 1.09 and you place a buy stop order at USD 1.12, then your order is meant to become market at the price of USD 1.12 as soon as the price is reached.

Step 5: Monitor and close your Ripple position

To open a Ripple trade, you’d buy if you thought that the price was going to rise or sell if you thought the price was going to fall. Once your trade is open, you’ll need to monitor the market to make sure that it’s moving in the way you anticipated.

The technical indicators available on our trading platform can help you to determine what Ripple’s price might do next. Indicators can also help you monitor current market conditions like volatility levels or market sentiment.

Ripple indicators
Add Technical Indicators

CAPEX WebTrader can deliver an in-depth analysis of the charts and offers over 90 indicators (including moving average, MACD, RSI, and Bollinger Bands). The WebTrader platform also supports an interactive trading activity with high-end research tools helping you interpret market data.

Take Profit & Stop Loss

Traders can close a position immediately to take a profit or to cut a loss. You can use market order or set Stop Loss and Take Profit levels when you set the order to buy Ripple.

The platform offers the stop-loss option, which lets you clearly state how much you're willing to risk with your trade. Similarly, the take profit is the exact opposite. It tells your broker how much you expect to make as a profit and when you want to close your position.

Any profits you make will be paid directly into your trading account. Losses are deducted from your account balance.

When to buy Ripple

Investors should be aware of the fundamental and technical analysis when deciding when to buy Ripple. The fundamental analysis considers the news and events about the coins, exchanges, and other crypto businesses. The technical analysis uses the price value history to map the evolution of the supply and demand for Ripple.

Ripple Price Prediction using Fundamentals

When using the fundamental analysis approach, investors should be aware of the government regulation, latest cryptocurrency updates, and technical issues, as well as cryptocurrency exchanges that affect the supply and demand for cryptocurrencies.

For instance, when Bitcoin CME was introduced into the government regulations, and it drove the price of Bitcoin to almost $20,000 in December 2017.

An accurate Ripple price forecast using fundamental analysis considers the three main aspects:

  • Blockchain metrics (hash rate, active addresses, transactions fees, and values)
  • Financial (market capitalization, liquidity, trading volume, circulating supply)
  • Project overview (team’s background, whitepaper, competitors, roadmap, tokenomics)

>> Learn how to forecast Ripple price with fundamental analysis

What is the future of Ripple?

Ripple is one of the most controversial cryptocurrencies. Some see it as centralized security, while others see it as a great digital asset to aid global financial transactions.

Undoubtedly, Ripple (XRP) is one of the most efficient digital assets that exist today. It’s one of the few cryptocurrencies that addresses a needed necessity of the traditional financial world, and it settles international transactions at an average of 3.8 seconds with minimal fees.

Top banks on the planet have already tested the Ripple network and some have already implemented the technology. However, this major shift in traditional banking won’t happen overnight. Ripple is actively communicating and signing partnerships with financial institutions and central banks.

Ripple is quietly advancing its infrastructure and it has proven its utility.

Another big issue is the SEC lawsuit which claims that Ripple sold securities worth $1.3 million during the XRP offering. However, the lawsuit still goes on and Ripple’s CEO, Brad Garlinghouse, claims that it is a lack of regulatory clarity. Some argue that the outcome of this lawsuit will set the guidelines for current and future cryptocurrencies. If deemed legal, XRP can pose a real threat to Bitcoin and Ripple’s crypto supremacy.

Despite the SEC vs Ripple lawsuit, the cryptocurrency continues to serve financial institutions. As of October 2021, Ripple announced that is providing On-Demand Liquidity for international settlements in over 20 countries. Ripple is also extending in the United Arab Emirates (UAE) and has partnered with Pyypl, a blockchain financial services company, and SBI Remit, a money transfer provider from Japan.

In October 2021, AL Ansari Exchange, a UAE foreign exchange company, has joined RippleNet, Ripple’s cloud-based financial network. This will allow the exchange to connect to the MoneyMatch and enable same-day payments to Malaysia.

Ripple also announced a partnership with Bhutan’s central bank and joined the Digital Pound Foundation to develop a digital pound in the UK.

While some cryptocurrency exchanges dropped XRP from their listing, the price of XRP has steadily increased over the years.

Because is difficult to analyze the intrinsic value of a cryptocurrency, it is recommended you perform a technical analysis before investing in Ripple CFDs. It might offer some insight into the past movements of Ripple, helping you predict where it will head in the future.

Ripple price prediction using technical analysis

Some believe the high concentration of retail traders makes cryptos truer to traditional chart patterns and indications of oversold, overbought conditions, etc.

Technical analysis techniques can be applied to any market where the price can freely fluctuate, and data is available to see those fluctuations. The CAPEX Web Trader has a full suite of all the best-known technical indicators and chart drawing tools.

>> Learn how to forecast Ripple price with technical analysis

Ripple Forecast 2022

Ripple future price forecast
Ripple Price Chart Analysis

Ripple’s all-time high price was $3.84 (January 4, 2018). It then dropped to around $0.14 by March 2020, when it started its ascending trend. On April 4, 2021, it surged up to $1.83, following the general trend of the crypto market. During the summer of 2021, it tanked to less than a half and started surging again in September 2021. The Lawsuit with the SEC is an important aspect that could influence the XRP price.

In November 2021, the price of XRP is $1.06 and it’s listed as the 7th cryptocurrency with a market capitation of $50 billion.

The currency trend is rather neutral and shows a large consolidation pattern known as a symmetrical triangle. Investors should pay attention to all news regarding Ripple’s legality in the US which can cause a breakout.

For a 2022 Ripple forecast, the odds are favoring a bullish trend (a symmetrical triangle is a continuation pattern). Ripple's price target for 2022 is around 2$ in case of a breakout (add the height of the triangle to the breakout price).

Ripple traders should take into consideration the current support levels when entering the market. The 52-week moving average is the ultimate support that keeps Ripple's future outlook positive.

What Moves Ripple Price

The most important aspects that can influence the Ripple price are:

  • Total supply
  • Utility
  • News
  • Rules and regulations

Ripple’s price corresponds to the current supply and demand in the crypto space. Considering Ripple has a fixed maximum supply of 100 billion XRP, it is a digital asset that will experience scarcity as more investors join the Ripple trading market.

An important aspect of what moves the price of Ripple is the news.

The SEC vs Ripple lawsuit led to some of the most popular cryptocurrency exchanges, such as Coinbase, dropping XRP from their listings, which led to a short-term XRP price decrease.

In conclusion, should you Buy Ripple or not?

As with any investment, make sure you carefully assess your financial situation before investing in cryptocurrency, Ripple, and the stock market. Ripple can be extremely volatile—a single tweet can make its price plummet—as cryptocurrencies are still a highly speculative investment. Follow the already famous crypto investment phrase — "invest only what you can afford to lose".

This information prepared by sc.capex.com is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.

This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient.

You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.

This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent. Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of sc.capex.com
Share this article