XRP THE MOST LIKELY ALTCOIN TO BE INCLUDED IN STRATEGIC CRYPTO RESERVE! (ACCORDING TO SOURCES)
My Financial Friend
Introduction to XRP Rumors
There are currently massive rumors surrounding XRP, with tensions running high between the XRP and Bitcoin communities.
Strategic Crypto Stockpile
Well-connected investors are claiming that XRP is a top contender to be included in a strategic crypto stockpile, alongside Bitcoin.
Bitcoin Community Backlash
The Bitcoin community is pushing back against XRP, with some claiming that Ripple is trying to lobby against a Strategic Bitcoin Reserve.
Potential Use of XRP
There is talk that XRP could be used as a base layer for national banking or as a central bank digital currency.
Investment Strategy
The speaker holds 80% Bitcoin and 20% other cryptocurrencies, including XRP, and believes that holding a small amount of XRP as a hedge is a good idea.
Market Performance
XRP has been known to make large moves in short time spans, with some cycles seeing it pump up 300-500% in a short period.
Community Dynamics
The speaker believes that the tribalism between Bitcoin and XRP communities is frustrating and that going after someone's wealth can lead to defensiveness.
Conclusion
The speaker is bullish on XRP and believes that including it in a portfolio as a hedge could make sense, but also acknowledges that Bitcoin is a more sure thing and less risky.