So today’s the day. The markets are singing Ripple’s praises by this rally up to over $1. My long term Ripple buy is looking very healthy. If Ripple’s hearing goes well today it could result in Ripple shooting through the roof. If it goes badly, a sad lethargic drop could be in play.
So if you’re buying now, you’re gambling on Ripple winning. My thoughts, I think they will win, at least partially. I think the SEC will want to save face so may have something up their sleeves so they don’t look like complete idiots. I’m still completely bemused to how the SEC seem to miss things that really should be regulated and concentrate on things that frankly are not really a problem.
At the end of the day, it’s up to us as investors to really research what we are investing in. It’s not a time to buy XRP at the moment, it’s crazy high. But if the SEC hearing ends it all today. Ripple could either fall through the floor or hit perhaps even $10 to $30. Whatever happens, I’m hoping that exchanges will finally relist the currency and we can all get on with our lives.
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