The Crypto Report - January 2018


Welcome to first monthly Crypto Report. First off, cryptocurrencies are not for everyone, and certainly take patience, attention to detail, but in the end the results will be rewarding! For me personally, they have brought great success. When I first was exposed to cryptocurrencies Bitcoin was at $437, Ripple was at $.07, and many others will still unknown. And the beauty of it is there are more coins being discovered for various utilities as I type. In this report I want to answer two questions I have been asked frequently: How do I buy Ripple? Are there any others worth investing in?


Before I answer the first question, I first want to share my enthusiasm and passion for the company, Ripple. Ripple was initially released in 2012, and in six years has grown to have a market cap as of 1/5/18 of 123 billion dollars. That's right, billion. I'm sure you've all known most banks have handling times of usually three-five days, but using the Blockchain, Ripple enables cross-border payments to be completed within three-five minutes. This technology has EXCEEDED expectations as new bank's seem to be getting onboard weekly. This graph shows the price starting at virtually pennies and growing to high's of 3.70 within three months! So how can you get onboard before it reaches what I believe will hit $5 by the end of 2018.




Steps to Obtain Ripple (XRP)

Open the App Store on your mobile device and download "Coinbase"

Create an account and proceed to link a bank account.

Purchase Bitcoin (BTC) equivalent to the dollar amount that you want to transfer to Ripple.

Go to "binance.com" on your computer and create an account.

Once your money has been approved and appears in your Coinbase account you need to transfer those funds to Binance.

On Binance, go to "Deposits / Withdrawals" and choose deposit under BITCOIN (BTC).

Choose the option that opens a QR Code under the Bitcoin deposit tab, and then open your Coinbase app.

Go to Accounts on the bottom, then to BTC Wallet, and in the top right there looks to be a paper plane.

Choose the amount you want to send, and then scan the QR Code which should be on your laptop screen.

This process should take anywhere from 15min to 2hours, and you will receive a email conformation.

Once the money is in Binance, go to Advanced under Exchange on the top bar. Choose XRP, and then you will be all set.

It really is a complex process, but any questions reach out to rgold1213@aol.com

Other Cryptocurrencies to Watch

Bitcoin, Ripple, Tron, FunFair, Steller Lumens, IOTA, Binance Coin

© 2019 by The Investors Herald.

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