Where Will XRP Be in 3 Years?
Long-term investing is the key to sustainable returns in financial markets because it smooths out the volatility to allow an asset's fundamental story to play out. This concept is crucial for crypto because of its extreme volatility. Let's dig deeper into the pros and cons of an asset like XRP (CRYPTO: XRP) to see what the next three years might have in store.
It has been 16 years since Bitcoin launched the cryptocurrency industry. Since then, market participants have had plenty of time to analyze the long-term performance of these assets. Some interesting trends have emerged.
For starters, there is a clear difference between the performance of large blue chip cryptocurrencies, which tend to slowly gain value over time, compared to the more speculative side of the market, which often booms and busts with no clear long-term growth trend.
Source Fool.com
