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Is Ripple a Safe Cryptocurrency Investment?


Since its inception in 2012, XRP (CRYPTO: XRP) has returned a respectable 12,758.41% to investors, turning a $10,000 principal into $1,265,841 within nine years. That's pretty wild, but only decent relative to the crypto world. For example, Ethereum returned 85,719% from its launch in 2015 to now, and that's still pretty small compared to the annual returns of some of the alternative cryptocurrencies out there -- looking at you, Dogecoin. 

XRP has a lot going for it, but I wouldn't bet all my chips on it. Let's look at why it's a speculative investment at best. 

Image source: Getty Images.

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Source Fool.com

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