How to invest in Ripple – is XRP still worth it in 2022?

Zalim
September 5, 2021
Should you invest in Ripple in 2021? XRP investing is one of the most popular forms of crypto trading. You can find out how to do it and more on this page.
How to invest in Ripple – is XRP still worth it in 2021

Should you invest in Ripple in 2021? XRP investing is one of the most popular forms of crypto trading. You can find out how to do it and more on this page.

The cryptocurrency Ripple often referred to as the bank coin first saw the shining sun of California in 2012. One year later, Ripple was listed on an exchange for the first time at around € 0.005 per unit. Ripple is well versed in international transaction traffic between different currencies.

Like a universal translator, Ripple should, for example, enable payments from one currency to another at lightning speed and across the globe. In this respect, Ripple applies equally to fintech and banks:

Because until now, such transfers have required both time and personnel. Accordingly, Ripple’s interest in the financial sector for a long time is correspondingly high.

Ripple’s cryptocurrency (XRP) is now the third-largest cryptocurrency in the world based on its market capitalisation. This is thanks to customers, partners and investors who believe in Ripple’s business success.

According to Coinmarketcap, Ripple is just behind the second-largest cryptocurrency: Ethereum. Ripple’s market capitalisation is currently around 11.6 billion euros. The competition is 12 billion euros.

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Ripple investing for beginners in 3 steps:

How to invest in Ripple

We now explain how to invest in Ripple. We use the broker TradeATF for this, as it offers the advantage that you can trade both real cryptocurrencies and CFDs – TradeATF combines the benefits globally of a broker and those of a crypto exchange.

First step: Registration with a broker or a crypto exchange

First, we have to register with TradeATF. We click on the link to register for TradeATF:

In the form, we enter username, email and password and accept the terms and conditions:

We then receive an email for verification in which we click on the link to confirm the account.

Second step: top up your account

In the next step, we have to top up our account with money to invest in Ripple. To do this, we click on the “Deposit money ” button at TradeATF :

Then we select the amount and payment method with which we would like to deposit, and then click on the “Send” button to deposit the amount.

Ripple invest with PayPal, Sofortüberweisung and more

In our example, we show the investment with a credit card. TradeATF also offers other deposit options :

Payment optionPossible?
Ripple invest with a credit card✔️
Ripple invest with PayPal✔️
Ripple invest with Skrill✔️
Ripple invest with bank transfer✔️
Ripple invest with Neteller✔️
Ripple invest with UnionPay✔️

Third step: invest in Ripple

Now that we have funded our account, we can start investing in Ripple. To do this, we click in the search field above and enter “Ripple” there.

Then we click on the “Trade” button:

The purchase window then opens. Here we have the following options:

  1. Buy or sell: In our case, we have to select “Buy”
  2. Trade or orders: Here, we can choose whether to execute the trade immediately (trade) or with a delay (order).
  3. Amount: How much XRP do we want to invest
  4. Stop Loss and Take Profit: At what loss or profit our position should be automatically sold.
  5. Leverage: With what leverage do we want to invest in Ripple? With leverage X1, we buy real Ripple; with leverage X2, we buy leveraged ripple CFDs.

After configuring all options, we click on the ” Open Trade ” button to complete the investment.

Ripple’s investment is complete!

Pros and Cons of Ripple Investment

The following lines deal with what speaks for and against investing in Ripple 2021.

Ripple investors should not only look at the opportunities – knowing the risks and recognising the phase of Ripple development is also important investor knowledge. Your Ripple investment chances depend heavily on which form of investment you choose.

  • Ripple is one of the most promising cryptocurrencies
  • Very good partnerships and investors
  • Realistic application scenario
  • Universal translator between different currencies
  • Reduces costs in the banking sector
  • Open-source
  • Company holds back 45 percent of all XRP coins permanently
  • Coins are not absolutely necessary for business

The Ripple course has been far less volatile than that of other cryptocurrencies in the past few months. Ripple also didn’t lose the value that drastically.

For a ripple investment, this can mean that there is a constant risk of price correction. It is also conceivable that Ripple will survive the harsh crypto winter less than other cryptocurrencies.

How to invest in Ripple in 2021?

How to invest in Ripple

Earning with Ripple is still possible in 2021. That has shown our pros and cons quite impressively. Possible, but risky. Because when the bulls will finally replace the bear market phase, nobody really knows.

Despite many positive signals in the recent past, investors have so far stayed away from cryptocurrencies. Timing is a lot in the investor business, but not everything:

Whether you succeed in earning euros in Ripple with your investment also depends on whether you choose your investment strategy correctly according to your preferences and generally familiarize yourself with the Ripple Market.

How can I invest in Ripple? Which form of XRP investing suits me? What are Ripple stocks? And how do you get Ripple anyway? You will find out in the following sections.

Buy Ripple directly

How do you even get Ripple? You can buy Ripple’s currency, XRP, on a variety of different exchanges. Here we have tested the best for you.

And with our investing in Ripple guide, you’ll get started very quickly. How can I invest in Ripple? Where can I pay Ripple in euros? Our Ripple Investing Guide will answer all of your burning questions.

Many exchanges require that you use your Ripple wallet. However, it is possible to hold and manage acquired altcoins in your exchange account comfortably with others.

However, we generally recommend getting your ripple wallet if you plan to hold your coins longer. Keeping them in the stock market means you may run into problems if the stock market suddenly goes bankrupt or is targeted by a hacker attack. You can find out more about the Ripple Wallet in the instruction section that has just been linked.

In any case, you should also take a look at the tax regulations for ripple investing. On our overview page for cryptocurrency investments, we clarify these in detail for you.

Trade Ripple

Investing in Ripple 2021 doesn’t necessarily mean that you have to buy Ripple too. You can also earn with Ripple when trading and not too scarce.

However, good trading has to be learned – unless you have a good advisor on your side to explain his strategies and procedures to you. Don’t you have any problems?

Because with the crypto broker TradeATF, you can not only trade Ripple, you can even follow other traders and join their decisions. This is called “social trading”. And that’s exactly what the platform is famous for in the scene.

At TradeATF, you trade with so-called CFD derivatives and optional leverage. That can pay off significantly because, with CFDs, you can often achieve the highest returns, completely independent of the ripple price, and in the shortest possible time.

However, CFD trading is hazardous. You can lose all of your stake in just one trade. That is why you should never use your entire investment at once.

When trading wins, who can correctly predict the price behaviour of Ripple? Because no one can do that, the good trader is characterised by a sophisticated investment strategy.

By the way, you can even buy Ripple directly from TradeATF. TradeATF accepts Paypal, SEPA and instant transfers.

Buy Ripple Stock

Do you find it challenging to deal with cryptocurrencies? But trading is too risky for you? It’s not a shame, a lot of people are like you. And the remedy is near:

Thanks to new stock options, investors can now invest in cryptocurrencies even if they do not want to deal with wallets, private keys, mining and blockchain.

The decisive advantage of share trading is its tradition: worldwide share trading is strictly and clearly regulated. Above all, this protects investors from fraud.

Accordingly, these options have so far only been available for a small selection of larger cryptocurrencies. And, of course, Ripple is one of them.

The Ripple Investment Trust is an ETF of the Greyscale Fund, which bought large sums of the cryptocurrencies Ripple, Ether and Bitcoin during the bear market. Investors can join the Ripple Investment Trust with an investment.

Alternatives to this are, for example, Bitcoin mining stocks, so-called blockchain services and other crypto investment trusts. Here you will find our overview of the options for buying stocks online.

Ripple mining

How to invest in Ripple

Unlike Bitcoin, transactions with Ripple should not be confirmed by mining but by a consensus of the members. This also has something to do with Ripple’s high transaction speeds.

Because the Bitcoin blockchain needs a lot of time for transactions: A transaction with Bitcoin is only confirmed when a new block is created. This is the case every ten minutes.

Blocks are created in the Bitcoin blockchain with the help of miners. However, because the storage capacity of Bitcoin blocks is fixed at 1 MB, it happens regularly that transfers are only carried out after a long waiting period.

And because exactly this bottleneck does not apply to Ripple, transactions with Ripple should be possible within seconds. In this respect, there is no option to earn money by mining Ripple.

Incidentally, the proof-of-work mining of bitcoin is criticised because of the associated energy requirements. Because it is enormous: it corresponds roughly to the needs of all of Ireland. When it comes to the environment, Ripple has a clear lead, at least in this respect.

Is it a good time for XRP investments?

That depends a lot on the investors’ nerves: If they don’t tear and fresh money begins to flow into the market again, it could turn out that Ripple is still very cheap at the moment.

When the bear market is over, it can very quickly happen that the crypto courses, at least successful projects like Ripple, reach new levels.

Profits of several thousand percent are then certainly not to be expected in short to medium term. But a return in the two to three-digit per mille range is absolutely conceivable.

Paradoxically, it is precisely the great scepticism of the bears that ripple investors can take advantage of. Because timing is a lot in the investor market: if you buy at a low price, your potential profit is many times higher.

Earning with Ripple: many choices

There are a variety of options for making money with Ripple. Investing in Ripple 2021 is possible, for example, via Greyscales Ripple Investment Trusts, but also via Banking on Ripple.

Ripple derivatives promise high returns in the shortest possible time if the risk is higher. And, of course, you could also buy Ripple’s cryptocurrency XRP directly.

For purchased XRP or Ripple Investment Trusts, these investments can only develop depending on the market price. With derivatives trading, on the other hand, you can still earn with Ripple if the price of Ripple falls.

Because when trading CFDs, you are speculating directly on Ripple’s price behaviour without purchasing the cryptocurrency yourself.

How can I invest in Ripple? You can also find a guide to investing in Ripple for buying and trading Ripple and information about Ripple’s stock options at the beginning of the article.

Ripple Investing Tips & Tricks

With our Ripple Investment Tips, you will be filed against gross beginners’ mistakes. First things first: only invest as much as you can bear to lose.

This applies to all of your investments – not just for cryptocurrencies. So invest on a reasonable scale relative to your savings.

Investing in cryptocurrencies is still extremely risky. Don’t underestimate this risk. Investing in Ripple 2021 can be worthwhile, but it is wise to also invest in other, less risky forms of investment such as stocks.

The further you can diversify your investment portfolio, the better. Four to five assets would be a good goal to start with. You can find an overview of other exciting cryptocurrencies in our cryptocurrency trading list.

It is also wise to look for other forms of investment than cryptocurrencies. For example, discover our overview of buying stocks online.

“What type of Ripple investor am I?”

Think about whether you want to invest in Ripple long-term or short-term. Those who invest in the short term run a higher risk, but those who invest in the long term can also have bad luck and end up empty-handed.

For types who are less willing to take risks, Ripple’s medium to long-term investment is recommended rather than Ripple Trading. Long-term investments also have the advantage of being tax-free under South African tax law if the Ripple investor holds his investment for at least one year.

But Ripple Investment Trusts are also interesting for risk-averse types of investors. With such stock options, you can benefit from the development of Ripple without having to struggle with wallets or private keys.

If you are not afraid of all risks, are willing to invest time and are looking for a way to earn a lot of money in the shortest possible time, ripple trading with the test winner crypto broker is probably the undisputed most attractive option.

Is It Too Late To Invest In Ripple?

How to invest in Ripple
Critics argue that Ripple’s actual market capitalisation is much lower than what is shown on Coinmarketcap.

They point out that around 47 percent of all XRP belong to Ripple co-founders Jed McCaleb and Chris Larsen. However, that does little to change Ripple’s undisputed success.

Ripple has always been criticised among banking-critical Bitcoin supporters. Nevertheless, the price of cryptocurrency has risen continuously since it went public.

While the coin was still trading at around € 0.005 per token in 2013, it achieved prices of up to € 3.25 during the crypto hype of winter 2017/2018.

But then the bubble burst. The price of Ripple has been falling steadily since then and is now at EUR 0.28 per coin. That’s still a very high level compared to what Ripple originally cost.

Nevertheless, the question is justified: is that a good price? Or is it too late to invest in Ripple in 2021? Or – too early even?

Of course, we cannot see into the future either. But we can try to deal systematically with these questions. To achieve this, we will shed light on various opinions and take a look with you to see which XRP investing options there are and their advantages and disadvantages.

We take a look at what you can earn with Ripple and whether you can earn money by investing euros in Ripple and whether it is still worth investing in Ripple in 2021.

The story has long been known to everyone: In the winter of 2017/2018, the Bitcoin course achieved a value of no less than 17,000 euros per coin! The great hype about cryptocurrencies drove more and more investors into the market.

They invested in Ripple, Bitcoin, Ethereum, other cryptocurrencies or in the notorious Initial Coin Offerings (ICOs), whose entrepreneurs were often said to turn out to be criminal whiskers.

Then the bubble burst and the prices fell in rows. Ripple has also been falling continuously since January 2018. And while quite a few investors lost their savings, only a few took off. Since then, investor confidence in the cryptocurrency market has been badly shaken.

When does the Ripple price rise?

 

First of all: It cannot be ruled out that the Ripple price will fall even further – possibly much further. Because even if it has lost a lot since the big hype, the Ripple price is still very good.

Before the hype, it was significantly lower. If the Bitcoin price continues to fall, so will the ripple price.

Their still inadequate acceptance and lack of regulations are still a problem for cryptocurrencies today.

The big sceptics even assume that the market as a whole is dying. If you believe that, you should probably refrain from Ripple investing.

Other experts believe that the future of cryptocurrencies is bright. Some even predict astronomical prices for Bitcoin. However, most should agree on one thing: cryptocurrencies don’t just disappear again.

The advantages of the new technologies are great. They will prevail. Whether Ripple will then be one of the winners is very likely at the moment. But, given the close proximity to banking, it is almost only a matter of time before Ripple establishes itself as a supplement to the classic payment transfer.

The Ripple development is progressing in great strides. Ripple has a large and capable team of developers who diligently drive the spread and development of the currency. The company can look back on seven years of experience and has convinced many important partners of theirs during this time.

The acceptance of Ripple is increasing

It is essential for all cryptocurrencies that their acceptance continues to increase. Because so far, experts and companies have mainly been dealing with cryptocurrencies – they hardly reach the consumer.

The many positive signals of the past weeks and months indicate that this could change very soon: Governments are increasingly announcing new legislation that clearly locates cryptocurrencies in the financial sector and thus paves the way for their regulation.

You can also hear more and more positive news from the economy. On top of that, new investment options like the Ripple Investment Trusts are opening up the market to an ever wider audience. And STOs are increasingly replacing the high-risk ICOs.

Ripple’s market capitalisation of around 11.5 billion euros indicates an extremely resilient user and investor base, thanks to which the continued existence of the cryptocurrency can be considered secured for the time being.

From our point of view, the question no longer arises as to whether cryptocurrencies like Ripple has a future at all. The question is rather which investment is worthwhile and when the prices will go up again. The Ripple Market is certainly one of the most promising candidates in the crypto scene.

Invest in XRP? The bottom line

We expect that investing in Ripple will still be worthwhile in 2021! This is supported by the many strong partners and users as well as the still high course. Unlike most cryptocurrencies, the Ripple price did not sink into the ground after the Bitcoin bubble burst.

One day, cryptocurrencies will be part of our everyday lives. It is easy to imagine that Ripple is one of the first currencies to be used worldwide. Because as a universal translator for cross-currency trading, Ripple is extremely interesting for banks and fintech.

They are already testing the use of cryptocurrency in closed test environments. The development of Ripple has been going on for seven years and is continuing. Ripple is hard to imagine at the moment.

In a high-tech segment like that of cryptocurrencies, innovation can change everything in a flash. That is why Ripple investing is also highly risky for long-term investments. But the chances of being able to earn with Ripple are very good. If you diversify your investments, you reduce your investment risk somewhat.

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FAQs

Due to the high volatility of the coins, an investment in cryptocurrencies can still generate significantMoreover, unlike returns. You must buy the coin of your choice at the right time. You should also have the necessary knowledge of how cryptocurrencies work in detail. All information for this is made available on Securedbrokers.com.

There is no easy answer to that. Many factors play a role, including whether the acceptance of the chosen currency is increasing, the purchasing power of investors and whether crypto exchange hacks or other bad news can depress the respective price. However, Ripple is one of the largest cryptocurrencies, so you have a good chance of decent returns with the coin.

You can either buy the coin of your choice directly and hope for price gains, or invest indirectly in the cryptocurrency. This includes trading via CFDs, stocks, derivatives and many more. The mining of coins is also still enjoying some popularity.

Absolutely. If you assume that coins will continue to gain importance in the future, you should invest in Ripple. It is not unlikely that more and more transactions will be carried out using digital coins in the medium term.

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