Global Stock Markets
Ripple, a cryptocurrency first established in 2012 has surpassed Ethereum to become the second most valuable cryptocurrency after bitcoin.
Ripple's market cap rose more than 50% on Friday, to a record $85bn. Its market value continued to climb over the weekend, peaking at over $100bn.
Ripple’s surge knocked Ethereum into third place after bitcoin, with a market cap of $72bn.
Bitcoin’s market cap is roughly $220bn.
Ripple rose in value by more than 19,600% over the course of 2017. It began the year trading at around $0.006 and ended at $1.97.
Ripple’s gains in 2017 outstripped the gains of Ethereum and bitcoin, which rose by roughly 9,000% and 1,400%, respectively.
Yes, you read that right, hodling. This is the practice of
holding on to a long-term investment without giving in to the urge to
sell, it is misspelled deliberately for dramatic effect to mimic an
investor frantically trying to type the word “HOLD!”
If you plan to join the legion of cryptocurrency "hodlers", the stepping stone should probably be the "Blue Chip" of cryptocurrencies, which is the Bitcoin of course - With a market cap far exceeding any other cryptocurrency, Bitcoin Hodling is the way to go.
Many cryptocurrency investors claim that they have made more money from holding onto an investment long term instead of trading. It might be best for everyone to just HODL the cryptocurrency, and only trade if you have previous experience, trading is not for noobs.
Ripple's market cap rose more than 50% on Friday, to a record $85bn. Its market value continued to climb over the weekend, peaking at over $100bn.
Ripple’s surge knocked Ethereum into third place after bitcoin, with a market cap of $72bn.
Bitcoin’s market cap is roughly $220bn.
Ripple rose in value by more than 19,600% over the course of 2017. It began the year trading at around $0.006 and ended at $1.97.
Ripple’s gains in 2017 outstripped the gains of Ethereum and bitcoin, which rose by roughly 9,000% and 1,400%, respectively.
Take Advantage of the New Cryptocurrency Economy - HODL!
If you plan to join the legion of cryptocurrency "hodlers", the stepping stone should probably be the "Blue Chip" of cryptocurrencies, which is the Bitcoin of course - With a market cap far exceeding any other cryptocurrency, Bitcoin Hodling is the way to go.
Many cryptocurrency investors claim that they have made more money from holding onto an investment long term instead of trading. It might be best for everyone to just HODL the cryptocurrency, and only trade if you have previous experience, trading is not for noobs.
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