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Trading at a professional level involves using strategies to maximize your gains while minimizing any losses. Traders make use of important strategies such as using stop loss orders in order to cushion the impact of price fluctuations.
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 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.