I have read from other forums that Ripple is more of a hodl for the long term. What is everyone's opinion?
Apparently Banks are working with Ripple to secure a certain number of coins, which will be locked away in 10 year increments, thus reducing the circulating supply. In theory this will raise the value, since the available XPR are destroyed after each use. Every 10 years, a certain amount of XRP will be released from Lock Up.
I bought XRP a few months back w/ an average price of $.20
Thoughts on where this coin will be in the next 3-5 years?
Thanks!