If you’re new to the scene and you are looking to ”invest” in XRP or Stellar. Don’t…. it’s a scam. Don’t buy these pre-mined tokens that are marketed as digital-currencies, they are not MONEY. Stellar and XRP fall under the category Remittance … transferring value from point A to B. Trading and dumping on xrp-moonboys is fine but investing in XLM or XRP is financial suicide.

Unlike the central bank that can print at will. The boys at Ripple and Stellar have already printed their supply. The gigantic supply is pre-mined for free and occasionally taken from the vault and dumped on the markets. How much is dumped on bagholders, varies from month to month. Remember these two words. Humongous supply and annual inflation.

Summary : 60% undistributed supply – Ripple and Jed McCaleb are constantly dumping, partnerships that don’t amount to anything. Millions of normies that bought XRP at $1-3 are itching to dump their bags at first sign of recovery.

Hurrdurr, I’m spreading F.U.D. I trade for a living, traders make money in both bull-bear cycles, what matters is volatility. Just because I trade, doesn’t mean I don’t inform myself bout the tech and business model behind XRP – ripple.

The business model is Pump and Dump and paid partnerships. I don’t know any business besides Ripple that pays their customers (moneygram) millions (13.9Million) to use their products. Literally, paying fortune 500 companies for clout and relevancy.

It’s a ticking-timebomb, just a matter of time before regulation start to catch up. While the DeFi movement is actively trying to undermine banks, these brainlets want to actively protect the status-quo. Fuck Banks.