DISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 3 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in XRP:
Projected ROI on Log Scale: 4000% or more
Projected Price Target: 15$ to 34$
Maximum Drawdown on Log Scale: 100 to 200%
Risk/Reward: 30X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Currently, Ripple(Company in control of XRP) is facing regulatory uncertainty from SEC. Given XRP resolves, it's potential is beyond comprehensible. Check the detailed article here:
XRP is the only cryptocurrency with adoption by all major financial institutions of the world. It's going to be a major part of CBDC (Central Bank Digital Currency) sooner or later.
Looking into the future, it has the potential to be second to bitcoin's total market cap or overtake it.
XRP is a demon and an outlier among all cryptocurrencies. It's not a scam. Satoshi would say it's more of a centralized coin.
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle. So, if XRP is the king of altcoins, I can assure you, XRP will moon. See the chart below for altcoin market cap:
Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Litecoin