• Money Talk Top Ten Crypto Portfolio | New Years Day Countdown •

#2. RIPPLE (XRP) January 1st price: $2.22


What is Ripple?
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.


Why Should I Invest Into Ripple?
"As a general rule I try not to give investment advice, but I’m happy to give a summary of what drives Ripple’s and XRP’s value. Ripple is focused on enabling a global network of financial institutions to use our software to create what we call the the Internet of Value. Our goal is to lower the marginal cost of international payments to the point where money can move as easily as information does today.
As the network grows and adoption of Ripple’s products increases, the value of Ripple should grow as well. XRP is a digital asset that exists on the XRP ledger, one of the open-source products created by Ripple. XRP is a pivotal component of the Internet of Value since it solves a key point of friction, the pre-funding of nostro/vostro accounts necessary to facilitate cross border payments.
As this occurs, the demand for XRP will increase and markets will reflect that.
I hope it goes without saying that I’m incredibly pleased by the progress we have made to date - with a broad group of global FI customers. And there are powerful network effects that we have seen accelerating that momentum."

- Brad Garlinghouse, CEO of Ripple Website

#4 TRONIX (TRX) : January 1st price: $0.04


What is TRON?
TRON is a world-leading blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

Website

Wait is this based on the coins we said in the other thread? Because I only own 5 of those

My goals for the start of 2018 is to get my promotion at my job (hopefully find out I got it this week or early next week) and then diversify more than I currently am with the extra $600 a paycheck:

More investment into Ripple, XVG (these guys were found to be exploiting and Verge will come crashing down and be done by the end of the day unfortunately... so now looking for a new alt), and ECA

I currently have high stakes in TRX, XLM, and FUN

alright sent 2 LTC worth to this coinmarkets mumbo jumbo to buy ECA, it took about an hour

if it lambo times ill inscribe tigerdroppings on the seats

ya baw ill get to it

hope to have write ups for the top 20 in time

I picked the top 5 most popular coins according to your graph for my portfolio

Hope everyone's on to something!

If I didn't have the time or smarts to research everyone of these crypto currencies, but bought some of each one of the 10 listed in the OP, is that a reasonably good strategy? If I have a fixed amount of money I can invest, should I equally weight the 10 cryptos in the OP, or will I be better off with a different weighting approach?

quote:

---

I think you should have some in bitcoin too at 13k/coin

---

It will be interesting to see if btc can break into the 100k club this year... How insane would the response be from new users in December for people looking for a quick buck if that were to happen?