I am new to investment overall. Should I just put 50% of my savings ($600) into XRP and pull it out as needed? I was going to do this with stocks, but honestly I doubt I will pull much out overall and I like this gambling crypto stuff.
Well you probably won't do this, but if you do you'll be ahead of the curve.
That is to accept it that you're in this for the long haul and separate some sum monthly into a S&P500 index fund, and after some years into some bond fund, and be ready to retire at 40, while everyone else will stay bitching here about their picket fence dreams and failed opportunities and regret on why they didn't invest in X shitcoin, while admiring the 1 or 2 dudes out of a million who got rich by investing in X shitcoin by pure luck.
Zou can also pick that path, If you choose it I recommend buying a lottery ticket. It's less hassle.
>>60506893 (OP)>pull it out as neededIf you need any amount of that money in less than a year then you shouldn't be investing it. Put it in a HYSA and come back when you have a job.
xsaarpoo is an overvalued gas token for ripples stablecoin, that no one will use. Millions are unlocked from escrow and dumped on retail further diluting the price, don't get roped in by desperate q anon schizo baggies, as it will never pass $10. Put that money in index funds or bitcoin consistently and you can build some solid wealth over time.
>>60506893 (OP)It's a 200b fdv coin, what the fuck do you expect from $600. If you got $600 spend it on a weekend vacation or hit the solana trenches retard
>>60506893 (OP)Yes. Work your way to owning at least 100 XRP that you can put into savings and not touch no matter what. Don't even think of the price and just let it sit the same way you would a 401k for retirement. Do not cash out for a new car or house, just let it sit until it is retirement sufficient.
>>60506958Its going to 2000$ homie, the entire volume of all derivatives will go into xrp. This isn't just a realistic possibility, its mathematically guaranteed to happen.
