Today’s downward crypto market trend is just another depressive period before the next bull run (when crypto rates will again climb up, and the buzz around crypto will rise again). The market is cyclical – the upward trend replaces the downward tendency and vice versa. So how can we prepare for the coming bull trend, and what tokens should we add to our wallets to succeed in the future? Let’s talk about it in this article.
Investment in Ripple: Yes or No?
Ripple trading is available throughout all crypto exchanges, for XRP is one of the top traded crypto assets in the market. The project has its advantages and drawbacks. Among its pros, we would like to emphasize the following:
- Over 100 real users – the financial companies worldwide integrate Ripple technology into their work processes to facilitate cross-border currency transfers.
- Cheap transactions in the Ripple network take no more than $0.0002.
- Currency conversion and transfer occur in a couple of seconds to any point on the globe.
- No middlemen, no bureaucracy, and no delays.
- The network is capable of performing 1,500 transactions per second.
The disadvantage of the Ripple project is connected with its lawsuit with the SEC, which claims that the XRP token must be recognised as a security. This court case slows down the platform’s development and is the reason why the Ripple crypto price does not grow. When this question is solved, the project has all the chances to receive widespread adoption and hundreds of new clients and corporations working with it. So it is worth having XRP tokens in your wallet and holding them long-term until better times.
Other Coins Worth Buying
One of the most important things in investments is diversification. You should have popular and large-cap coins as well as little-known tokens that have prospects for growth during the next bull trend. Here is the list of cryptos recommended to have in your wallet:
- Tama Doge
If you want to buy these assets and XRP tokens, welcome to the WhiteBIT crypto exchange. It offers over 450 trading pairs, including the most traded, such as XRP to USDT and others. The platform is open for cooperation and integration, so it hosts new up-and-coming projects and tokens. You may read about them more on the WhiteBIT blog.