Should You Buy XRP (Ripple) Right Now With $100 and Hold Through 2024 and Beyond?

As the world's two most valuable cryptocurrencies, Bitcoin and Ethereum receive most of the attention from the investment community. But there are under-the-radar digital assets to also be mindful of, such as XRP (CRYPTO: XRP).This innovative cryptocurrency has performed well since its inception more than a decade ago. But it currently is 86% off its peak from January 2018. Should investors take advantage of the current situation, buy XRP with $100 right now, and hold through 2024 and beyond? It's worth looking at both the positives and negatives before drawing a conclusion.According to CoinGecko, an online crypto tracker, there are almost 15,000 different cryptocurrencies out there. I don't think it's a bold assertion to say that the vast majority -- probably nearly all of them -- are useless, scams, or don't add any value to society. Over a long-enough time frame, they will likely see their market caps approach zero. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool