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Being a potentially world-changing technological innovation, each cryptocurrency has many challenges to overcome. Is cryptocurrency a safe bet? The short answer to that is: “no, it isn’t”. Does that mean you shouldn’t consider getting involved? That’s also a “no”.
While economists like to give crypto a hard time, more and more people want to use digital currency in lieu of fiat money. However, not all cryptocurrencies are equally useful as a payment method for the reason of acceptance.
While altcoins grew in popularity in 2017, few experienced as much growth as XRP did. This upward movement continued throughout 2017 and peaked in January 2018 when the price of XRP reached a record high. In 2018, the value of XRP dipped, but it is set to recover.
Many experts and market watchers have rightly prophesied that 2018 will be a year of extreme highs and lows for Bitcoin and other cryptocurrencies. After Bitcoin's massive dip from $20,000, the question on the mind of many investors is whether Bitcoin will be recovering any time soon.