Want to turn $100 investment into $100,000? I'll show you how this could happen.

Want to turn $100 investment into $100,000? I'll show you how this could happen.

Google backed Ripple are trying to change the interbank settlement market to use new blockchain cryptocurrency technology. If you are not familiar with cryptocurrency or interbank settlement. First think of bitcoin and look at the growth of that over the last few years, look at etherium and look at the growth of that as well. Interbank settlement is the way banks settle transactions overnight to each other. On a busy day this market is over $6 Trillion changing hands.

So here is how you can turn $100 into $100,000. Do the research on all the fees and middlemen involved in the interbank settlement space and you will see it takes way more time then needed (2 to 3 days or more, if you are a merchant you know you have to wait for those credit card transaction to clear before you can get you money), and cost more than needed (too many people with their hands in the cookie jar, again if you are merchant you know those fees you have to pay on all your transactions). #Ripple provides a solution for this at the bank to bank level which will be able to bring down the cost. 

Go to Ripple.com and see for yourself.

When Ripple changes the way transactions are settled (why wouldn't they faster, cheaper, more secure and backed by a small company with just a little bit of historical success GOOGLE) the demand for their coin will increase with more adoption in the banking world.

The current value per XRP (Ripples Coin) is $0.00602. The daily demand for liquidity (as mentioned before) is $6 Trillion. The maximum number of XRP that can ever be in circulation is $100B then to get the liquidity of $6T, the per coin value will need to rise $6T / $100B = to $60 per coin. That means there will have to be a 9966 times value increase from today's coin to the liquidity it will need in the future (that is assuming there is no inflation and no investors, this value will be higher if you add in inflation and the amount of demand from investors, but the numbers are staggering without adding those variables in it as well)

So with a $100 investment x 9966 = $996,600 not a bad return on your investment. Note: It will take time for widespread adoption you will not get this return overnight. This is a long-term strategy. But if on the way up when it hits 10x your $100 is now $1000 ($500 is $5000...), that will be a shorter term strategy). You set a your goal.

But if you know nothing about cryptocurrency you don't know how to get in the market. (I do not work for any of these companies I am mentioning here and I am not a professional broker, and this is not considered professional investment advice. Like any investment there is risk of losing money as well as making money so please do your own research and see if you agree with what I am saying.)

Step 1: Open an account with a place you can buy XRP, I use bitstamp.net, there are many others to choose from, if you find a better one with lower fees let me know in the comments.

Step 2: Verify your account. They will need to do some verification so they meet KYC and AML regulations.

Step 3: Validate the minimum transaction amount (currently bitstamp is $5) and fees (currently bitstamp fee is 0.125%)

Step 4: Deposit enough money to meet the minimum requirements or more.

Step 5: Wait for the money to clear. (NOTE: Because most banks are still using the old settlement process now it may take 3 or more days for this to happen when sending money from a bank, it is faster if you own BitCoin).

Step 6: Purchase XRP with US dollars in your bitstamp account.

Step 7: You are now a XRP investor. Sell when you hit your goal.

If you look at the value of Ripple after Japan news was released it did not move much, because few people really know about this stuff and it is not on the radar of institutional investors. 47 banks drives the demand up a little but not much for the utility (non investment) part of the price valuation. The prices will really start rising with wide spread adoption and larger investment pools getting into the game.

Get in before it becomes on the radar of the others. Imagine if you were able to invest in Amazon, Netflix, Uber or Google before people really knew who they were??

Share this so others have a chance to learn about this market.

https://ripple.com/…/forty-seven-japanese-banks-move-towar…/

Jason Mankoo

Senior Commercial Property Consultant at Altus Group

6 年

Best financial advice I've taken to date - and still very early days. Look forward to seeing price post 2021 escrow coins all gone..

回复
Jon B.

Head of Editorial Content

6 年

you're a genius.

回复
Samsher Singh

Senior Manager at Tata Motors

6 年

amazing , should have seen it before. Now any other such opportunity coming anytime soon?

回复

要查看或添加评论,请登录

社区洞察

其他会员也浏览了