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đź’» Would you like to learn how to multiply your money simply investing in Cryptocurrency assets like XRP, Cardano and even Bitcoin?
On this channel, we ended up buying all of those assets at 5 times lower valuations and in today's video we're going to be diving into the hot topic, the Crypto strategic reserve and specifically targeting the 3 major crypto players in the space right now, XRP, Cardano's ADA token and Bitcoin.
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➡️ Disclosure: We are Holders and Investors of the Cryptocurrencies discussed in this video.
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TIMESTAMPS:
00:00 The Strategic Reserves of XRP, ADA, and Bitcoin: What You Need to Know!
01:13 What is the Crypto Strategic Reserve?
02:16 XRP reserve
04:32 ADA reserve
07:09 BTC reserve
08:45 ETF deal with Crypto.com
10:14 Wrapping up
What are the coins in the Strategic Cryptocurrency Reserve?
âś… XRP
Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient).
Source: https://coinmarketcap.com/currencies/xrp/
âś… ADA
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Source: https://coinmarketcap.com/currencies/cardano/
âś… BTC
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them.
Source: https://coinmarketcap.com/currencies/bitcoin/
Bonus coin
âś… CRO
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities.
Source: https://coinmarketcap.com/currencies/cronos/
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DISCLAIMERS:
Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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