XRP is a long term hold, 1 year from now it will have made a lot of people very happy. Every week it seems more banks are looking into the Ripple technology
It's just abit discouraging to see the price remain so stagnant despite all these banks using ripple.
People have been saying XRP is a promising coin for a while now, but its rise has been extremely slow. Expect more of the same in the near future. I wouldn't recommend on investing all you have into it.
What are your recommendations about this coin? Not much info on the web. Looks like it is an arbitraging bot costing few million bucks I am hesitating whether invest or not.
I'm going to invest $1k or so into this, just because $0.10 is pretty cheap for a currency with 70m cap, and the people behind it have PhD's