OMG!!!! I have been trying to understand this 'cryptocurrency' thing for the past several months. The light bulb just went off with your explaination!! I was trying to make it harder than it was. So glad I came across this video and took the time to watch 'another' person explain it!!! Thanks for your time!!!!!!!
I have no anxiety about XRP. Nobody even knows how good it will be,, if they dont fall for the 5 to 10 dollar sell due to this 5 year sideways. XRP will be the new system.
The Xrp hype and narrative of "bro this is the new system / we know what we hold " 🤦🏽♂️ I too fell for this bs, mate xrp is driven heavily by retail speculation. And that speculation is frankly old news. Old news doesn't flow well in this crazy game called crypto. Look if , and I say if, xrp hits 5 or 10 this cycle I'm selling a large proportion of my bag, I've been here since the top of the previous cycle and held and even added to the bag with a Dca fashion. I've seen it move up and down and stay down over that time (over 3 yrs) I've lost out on opportunities where I could have sold when I was in profit, and I didn't because of the above statements the likes of you guys made. I won't make that same mistake when I'm back in profit again with this god dam annoying investment I'm stuck in due to being at a loss
Not surprise about the analysis, been applying similar principles in my trades, and the results have been great. The Earn and Learn system has really sharpened my approach, and I’m seeing steady gains
Great video sir....Jumped into XRP today as newbie....bought at $1.45 on that dip this morning....not as good as others.....but I feel confident....Thanks...
This all makes sense but what I’m wondering is what is XRP backed by gold? How is it equating a house worth half a million USD into pounds? As the intermediary for a bank to trust the intermediary how does it guarantee the integrity of the value between USD vs Pounds?
ODL - On demand liquidity. It has or will have the value to support the transaction instead of the bank having to hold it all to be able to move and convert it. I have a great video example , no-hype interviews with Ripple CEO Brad Garlinghouse.
Good explanation on how xrp benefits institutions. Now, the greater question is, what does this mean for the average person or investor? How does this benefit us?
With all due respect, I do not think it appropriate for you to say to anyone that they do not need to know more about XRP than what you put out in 17 minutes. You should encourage everyone to do their own research. This is how we grow and become sovereign individual. Thank you for your work.
Yeah that was just weird. And I want more info because he did not talk about what I want to know, not because "someone told me" or whatever he is trying to insinuate.
Good luck. You won't be able to learn anything about XRP. We have had the Federal Reserve U.S. Dollar for 110 years and we still have no idea how it works. The people who do understand the intricate details (fraud, schemes, scams, reptilians granting authorization to print money off world, money laundering in real estate, spaceships, servers on the Moon and Mars, etc) then they are a hyper-genius.
Questions that came to mind whilst listening to you: 1. What about exchange rates? 2. We are moving to asset backed currencies and the QFS system where our bank essentially will be on our phone. How will XRP fit into this ????
Thanks Lewis for making it simple. You are always encouraging and you keep us focused on XRPs utility, its uniqueness in the digital asset space, and its potential. My brother and I have been following you here in Ohio for about 2 years now. Keep up the good work.
I use Coinsquare. I just downloaded the app and it helps you along. I’m in absolutely no way an expert in any of this though. My brother told me to use that one
Correct me if I am wrong, but wouldn't xrp loose it's value once it reaches a high price to where the system no longer wants to use it because the price of it is so high, it has either reached the current transaction costs we pay today, or has gone past it to where it no longer makes financial sense to use it.
@@BlkFireHawk427 I don’t think so because it’ll use fractions to meet the value, this is why the value of one token will go higher. Lots of transactions mean a need for liquidity.
@troymcgrew9822 but if each fraction becomes more valuable, doesn't that eventually cancel out the value of using it? Example. 1 xrp reaches $10,000. The fraction used .0001 is now a $10 cost per transaction
Don't you think is too much responsibility giving all the transactions power just to one single company/system?, how ripple will cover all that liquidity i mean acting as the only middle man?
first off, you must abandon being naive and learn how to manage a wallet. get Ledger with a NanoX and BILLFODL for your keys, put the Billfodl in a safety deposit box and then practice moving your crypto back and forth between coinbase and your ledger app, at least twice. look and learn about what you just did. Then, after you see how that works... bury your crypto in your nanoX and put it in your sock drawer. This will take you one full eight hour day of reading and practicing.
If there are only 21 million bitcoins that can be created, the price will obviously surge. They're 100 billion xrp coins in total. It would be harder for it to gain that kind of value surely?
The difference with xrp is it has a burn rate. Every transaction done with xrp a fraction of it is burned forever. Think about how when the institutions start using it to settle payments how many transactions will happen daily. And with a fraction of it being burned every time the amount of xrp will diminish, lowering supply therefore increasing value.
I have xrp in Coinbase. I’ve heard that I should put it in a wallet? Is this true or just fear mongering? If it’s true which wallet should I get and how do I go about that? Thanks in advance. Nice video
What is the point of using Crytpo, if you can't even trust the merchants? Did you ever figure out how to use a Wallet? I don't understand what the difference is between using my account, and using a Wallet?
@@starseeddeluxe so I'm still new to this so I can be wrong. I think its cause if you leave it in coinbase you don't have control over it, so like coinbase can stop you from selling your crypto if they want to. also if the company goes under or if they decide to use your funds and can't pay you back, you lose all of it. like I said, im new so I can be wrong and people can correct me if im wrong
@@davidlugo1440 I have Coinbase and it will not let me verify my account, so I cannot use it. There is no one to help either. I looked them up on the BBB and there were a lot of people with the same issue. Very sad!!!
That is correct, you also run the risk of being hacked and potentially have your coin stolen by malware, definitely recommend getting yourself a cold wallet (eg Trezors, tangem, ledger) there are loads. Having a cold wallet means you are in full ownership of your coin and only need your seed phrase you will get once setting up your wallet and you are always offline.having a cold wallet is highly recommend and why wouldn't you want to own what is yours??
Watch a lot of videos, rarely comment. Have to say this is hands down the cleanest and clearest use case explanation for XRP I have ever heard. Excellent content! Subscribed and checking out your other videos now
Great advice Lewis. Just turned 46, bought into it after coming across this clip months ago and it’s been a great ride. I’ve always been an advocate of crypto because it has paid off handsomely since I decided to dabble in it. I've seen my net worth grow exponentially the past months.
It's totally far from luck. Sir Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $25k to good use with market driven strategies making me an optimal return of over $231k
Do not forget that when it comes to crypto, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors or “experts” do not influence.
Lewis! Thank you for the very straightforward video with great information. Here's a question: does XRP solve the cross border funding when using XRP only or does it also interact with other Crypto Currencies?
@@fifthavenuegirl XRP's value will go up with the billions of transactions per second when the ISO 20022 migration goes live worldwide in March 2025. Smart contracts and interoperability with other assets like XDC & XLM will generate value. In the short term, you can make money by wrapping XRP in Flare token 1:1, like you are lending your XRP but you maintain custody of it. Flare is 3 cents right now.
@@fifthavenuegirl there is no yield or any value generation only hope is that you're early. Not a negative either, it's a bet that more banks and people will use xrp in the future
I am pretty sure that: "Ripple actually still owns nearly half of the total XRP supply and sells XRP to fund their operations" should be part of "everything you need to know"
How is this the limit of what you need to know? How about losing your xrp reserve the second you fund your own wallet? And how much is the reserve now anyway? I think that's important too...
Thank you so much for your kind words! I'm really glad the explanation was helpful-it means a lot to hear that. If you'd like to stay updated and explore more content like this, feel free to subscribe here: jackson66198.activehosted.com/f/1. Thanks again for your support! 😊
Yes, fundamentally, what purpose or problem is solved if we people own XRP? Seems like this is for cross boarder payments that banks will adapt at some point but for you and me, what is it for? Would like you to have included this. Thanks!
THX Lewis. You addressed this in such a calm straight-forward easy to understand way. Needed. So much damn NOISE in the crypto world. I've been learning and investing some, but it often gives me a headache. I'm so glad I began learning about XRP many months ago. Staying tuned in here. Appreciated.
Great question! USDC can be a fast and convenient solution for transfers, but the difference often lies in the context-things like fees, speed, blockchain preferences, and whether you’re aiming for long-term wealth strategies or just simple transactions. For deeper insights, feel free to check out my Instagram: instagram.com/lewis.w.jackson/.
This is correct, Annette Gina strategy has normalized winning tra-des for me also and it's a huge milestone for me looking back to how it all started,..
Thanks a lot bro for a very simple and enlightening explanation about xrp, and yes, there's no need to be overwhelmed about the pricing. The most important thing is that we have a new and efficient system working for the betterment of our way of life. Cheers!
You're very welcome! I'm so glad you found the explanation simple and helpful-it means a lot to hear that. You're absolutely right, it's all about embracing progress and how it improves our lives. Cheers to that! If you're interested in diving deeper or staying updated, feel free to subscribe here: jackson66198.activehosted.com/f/1. Thanks again for the kind words! 😊
Thank you for the explanation, BUT: if I have XRP myself, then I can send XRP without the banks, The receiver can sell the XRP on the Exchange himself when he needs the dollars. And if we don't need the banks anymore, why do they cooperate? And, can the new CBDC be send without XRP?
Great question! You're absolutely right that you can send XRP directly without banks. The reason financial institutions cooperate is because XRP and RippleNet enhance cross-border efficiency, speed, and cost-effectiveness for *their* needs. As for CBDCs, they typically require their own infrastructure, but XRP can act as a bridge for interoperability. Feel free to dive deeper into such topics on my Instagram: instagram.com/lewis.w.jackson/. 😊
To invest in any crypto you need to open an account t on a crypto exchange, do your research, and Ripple as of now is a private company. Ripple I believe will become a public company I think sometime 2025. To invest in that you need a regular investing/trading account for the stock market.
Hi there! I don’t recognize your name, so I’m guessing you’re new here-welcome! If you ever need help with anything, feel free to ask. The best place to message me directly is Instagram: instagram.com/lewis.w.jackson. While you’re here, check out some of the most popular videos on my channel: Everything You Need To Know About XRP In 19 Minutes: ruclips.net/video/Vft2k67glj8/видео.html How Much XRP Do You Need To ACTUALLY Retire: ruclips.net/video/i3c5jTRAD7M/видео.html You’ll See This When God Knows You’re Ready To Hear It: ruclips.net/video/ERaH1i2-nRc/видео.html Thanks for stopping by! - Lewis
ok so xrp is not stable right so why would a country will do it and aslo if they want to do it with xrp they can do it with other crypto who's cheaper to transact. please help ne understand. how will they will overcome from price deviation
Thank you for this very simple and clear description about ABCs of XRP. My disputes are: What is the best way to store xrp.? Wallet, which one? Ledger? How to transfer xrp from Revolut account to ? Thanks
Thanks for the kind words! Great questions-when it comes to storing XRP, hardware wallets like Ledger are highly secure and popular. To transfer XRP from Revolut, you’ll typically need a receiving wallet address, but I recommend double-checking Revolut’s process for crypto transfers. If you’re looking for more in-depth insights, feel free to follow me on Instagram: instagram.com/lewis.w.jackson/ 😊
I understand what xrp does and it's innovation. My question which nobody can seem to answer is why would XRP's price go up? What causes one coin of XRP to rise? Wouldn't it be better if it was a stable coin? Why not use tether coin for this. Isn't this the same thing stable coins are used for?
Thanks for asking! I’ve spent over 7 years in the crypto space, learning through trial and error, and I’m passionate about sharing everything I’ve picked up along the way. If you’re curious to dive deeper, feel free to check out my Instagram: instagram.com/lewis.w.jackson/. 🙌
You can d/l Robinhood. Easy to do and a free trading platform. I started using it a whild back until I leaned how to trade and went to Webull and Moomoo which is more technical.
The only thing XRP has going for it is that a lot of banks are on board, i guess. BUT, you can do this too with ADA, SOLANA, XLM, DOT, TRX, SUI, and probably thousands of other coins/cryptos
You're so welcome! ❤ To get started with XRP, you can purchase it on popular crypto exchanges like Binance, Coinbase, or Kraken. If you’re looking to dive deeper into crypto strategies, check out my Instagram: instagram.com/lewis.w.jackson/ for more tips! 🚀
Welcome to the XRP journey! A good place to start is by checking out reputable crypto exchanges like Coinbase, Binance, or Kraken. If you need more guidance on crypto investments, feel free to check out my Instagram: instagram.com/lewis.w.jackson/. Let me know if you have more questions! 🙌
Great question! Both XRP and HBAR are known for their efficiency but operate with different technologies-XRP focuses on fast payments, while HBAR uses innovative hashgraph tech. If you're curious for a deeper dive into crypto insights, check out my journey on Instagram: instagram.com/lewis.w.jackson/.
Thanks for this. My question is regarding setting a trust line. I’m nervous I don’t know about this and fear losing my xrp for lack of trust lines. Can you help?
You're very welcome! Setting a trust line can feel a bit daunting at first, but it’s simply a way to enable certain tokens on your XRP wallet. Make sure you're using a reputable platform to add trust lines, and if you're still feeling unsure, feel free to check out more resources on my Instagram: instagram.com/lewis.w.jackson/ or even schedule a call for personalized guidance!
Yes, you can send money to others using PayPal! It's super convenient for quick transfers. 😊 If you're curious about other tools for managing finances or crypto, feel free to check out my Instagram: instagram.com/lewis.w.jackson/.
@@shinra2447 I’d say it’s worth it to get into crypto for the next like 4-5 years. Most people still don’t even trust it. You’re early but I’m not a financial advisor so🤷
I’m not a terribly smart man and I’m certainly not a wealthy man but I’m glad I took my brother’s advice and made the effort to include buying XRP. Been regularly buying small amounts since it was at $0.40. I quit smoking and drop half of what I used to spend into little investments that are not part of my standard retirement planning. Hopefully I can shave a few years off my target retirement date!
Great question! XRP’s value often stems from its utility as a bridge asset for transferring value efficiently across networks. If you're curious to explore deeper insights into crypto's value dynamics, feel free to check out my Instagram: instagram.com/lewis.w.jackson/. Always happy to help you on your journey! 🚀
Great question! It really depends on your goals and risk tolerance. Keeping your crypto on a Ledger gives you maximum security since you control your private keys, but Coinbase can be a good option for convenience and active trading. If you’re looking for a deeper dive into crypto strategies and wealth-building, check out my Instagram: instagram.com/lewis.w.jackson/.
@ Thx, but I remember a few years ago when the sec stopped coinbase from selling or trading your crypto on coinbase of which at the time I had very little . If I had lots of it and needed to use some of it I wouldnt have been able, so it seems a little scary to out big money there.
Hey! I’m not sure if I’ve seen you comment here before, so welcome! If there’s anything I can do to help, let me know. You can always message me on Instagram if needed: instagram.com/lewis.w.jackson. Also, here are a few videos that my audience really loves: Everything You Need To Know About XRP In 19 Minutes: ruclips.net/video/Vft2k67glj8/видео.html How Much XRP Do You Need To ACTUALLY Retire: ruclips.net/video/i3c5jTRAD7M/видео.html You’ll See This When God Knows You’re Ready To Hear It: ruclips.net/video/ERaH1i2-nRc/видео.html Glad you’re here-thanks for watching! - Lewis
It takes about 2-3 days for a few of my credit card payments to go thru You explained this perfectly and understood almost immediately and I know nothing about crypto
XRP is used to create instant transactions with money transfers at a very tiny price. Convert money to XRP and back to money. The end
So? That does not mean that market wants it.
@@JonnyD-gl7cn If I understand the OP comment, they were explaining what XRP is and not if the market wants it so your reply comes off as rude.
OMG!!!! I have been trying to understand this 'cryptocurrency' thing for the past several months. The light bulb just went off with your explaination!! I was trying to make it harder than it was. So glad I came across this video and took the time to watch 'another' person explain it!!! Thanks for your time!!!!!!!
@@nancyh3362 this is not how most cryptos work. XRP actually has a useful purpose, not just speculative. Good luck!
I have no anxiety about XRP. Nobody even knows how good it will be,, if they dont fall for the 5 to 10 dollar sell due to this 5 year sideways. XRP will be the new system.
They dangle that low hanging fruit after making retail wait. You see it no doubt.
@@jasonthrash4357 Can we be certain that Ripple will replace Swift? Is Swift very outdated?
I’m with you!!! I’m in!!!
@@jasonthrash4357 Two times I asked a question and my comment is hidden. So annoying. Can anyone see it?
The Xrp hype and narrative of "bro this is the new system / we know what we hold " 🤦🏽♂️ I too fell for this bs, mate xrp is driven heavily by retail speculation. And that speculation is frankly old news. Old news doesn't flow well in this crazy game called crypto. Look if , and I say if, xrp hits 5 or 10 this cycle I'm selling a large proportion of my bag, I've been here since the top of the previous cycle and held and even added to the bag with a Dca fashion. I've seen it move up and down and stay down over that time (over 3 yrs) I've lost out on opportunities where I could have sold when I was in profit, and I didn't because of the above statements the likes of you guys made. I won't make that same mistake when I'm back in profit again with this god dam annoying investment I'm stuck in due to being at a loss
Not surprise about the analysis, been applying similar principles in my trades, and the results have been great. The Earn and Learn system has really sharpened my approach, and I’m seeing steady gains
This sounds really interesting Where can I learn more about this?
'Dave Boozer Strategist'
That's him ↔↔⭐⭐⭐⭐
Just research the name. You’d find necessary details to book session..
@@GerardoRossete Thanks for sharing.
I'm exploring trading strategies and considering this program. Would it be a good choice for someone just starting out?
Great video sir....Jumped into XRP today as newbie....bought at $1.45 on that dip this morning....not as good as others.....but I feel confident....Thanks...
@@NIKESOCCER5 how do we buy xrp? I've heard of wallets. Is there a place that will tell me step by step?
I think it’ll drop a little more within a week or so imma wait until it gets atleast close to $1.20 lol
@SpicySkittle I kinda hope selfishly so I can average down a little bit......lol
If it does end up skyrocketing, you'll be thanking God you bought it at 1.45!
@@TheRenegadellama that’s true bro! I’m greedy lol I gotta break that habit
This all makes sense but what I’m wondering is what is XRP backed by gold? How is it equating a house worth half a million USD into pounds? As the intermediary for a bank to trust the intermediary how does it guarantee the integrity of the value between USD vs Pounds?
ODL - On demand liquidity. It has or will have the value to support the transaction instead of the bank having to hold it all to be able to move and convert it. I have a great video example , no-hype interviews with Ripple CEO Brad Garlinghouse.
Good explanation on how xrp benefits institutions. Now, the greater question is, what does this mean for the average person or investor? How does this benefit us?
@FelixChatSpot What i've learned is that it will benefit people when it's integrated into the system replacing swift.
With all due respect, I do not think it appropriate for you to say to anyone that they do not need to know more about XRP than what you put out in 17 minutes. You should encourage everyone to do their own research. This is how we grow and become sovereign individual. Thank you for your work.
Yeah that was just weird. And I want more info because he did not talk about what I want to know, not because "someone told me" or whatever he is trying to insinuate.
This is an excellent breakdown of Utility. How does XLM work?
Ho😊w to get started with xrp or xlm
Where do you buy xrp?
I am Brand New to XRP and want to know more.
Good luck. You won't be able to learn anything about XRP. We have had the Federal Reserve U.S. Dollar for 110 years and we still have no idea how it works. The people who do understand the intricate details (fraud, schemes, scams, reptilians granting authorization to print money off world, money laundering in real estate, spaceships, servers on the Moon and Mars, etc) then they are a hyper-genius.
Your explanation is so grounded and perfect for newbie like me. Love the laymans terms. Thank you!!!
Glad it was helpful!
8:27 XRP eliminates “the friction” of cross border payments…..
So, xrp is to currency, as currency is to goods and services?
Which video shows me how to first time invest in XRP. Please ? From Australia 🇦🇺
@@emilyaustralis I've used Coinbase due to how easy it is.
Questions that came to mind whilst listening to you:
1. What about exchange rates?
2. We are moving to asset backed currencies and the QFS system where our bank essentially will be on our phone. How will XRP fit into this ????
Thank you for the video would you Discuss XLM and the difference between XLM and XRP It's a month later now and you see what's going on.
Why can’t banks create their own XRP
Actually, what you're describing as XRP (as bridge currency) is USD at the moment.
That’s what I was curious about after listening to him and associates on the job I thought this was already a thing but we making money so I’m in
Thanks Lewis for making it simple. You are always encouraging and you keep us focused on XRPs utility, its uniqueness in the digital asset space, and its potential. My brother and I have been following you here in Ohio for about 2 years now. Keep up the good work.
I have a question if you've never bought any crypto or never traded in the market how do you buy xrp
I use Coinsquare. I just downloaded the app and it helps you along. I’m in absolutely no way an expert in any of this though. My brother told me to use that one
@@anitabruss9716 I've found the Robinhood app easiest to use so far
You could start with Coinbase. It’s user friendly and they offer XRP.
@queenofshib3175 thank you
Binance as well :)
Correct me if I am wrong, but wouldn't xrp loose it's value once it reaches a high price to where the system no longer wants to use it because the price of it is so high, it has either reached the current transaction costs we pay today, or has gone past it to where it no longer makes financial sense to use it.
@@BlkFireHawk427 I don’t think so because it’ll use fractions to meet the value, this is why the value of one token will go higher. Lots of transactions mean a need for liquidity.
@troymcgrew9822 but if each fraction becomes more valuable, doesn't that eventually cancel out the value of using it?
Example. 1 xrp reaches $10,000. The fraction used .0001 is now a $10 cost per transaction
Don't you think is too much responsibility giving all the transactions power just to one single company/system?, how ripple will cover all that liquidity i mean acting as the only middle man?
Do you have a video that goes from picking a ledger, buying XRP and moving to a wallet for a naive?
ME TOO, VERY IMPORTANT!
PLEASE MAKE A VIDEO ON THIS, OR SOMEONE HERE THT KNOWS POINT THE WAY!
THANKS ALL GOD BLESS!
Agreed! The Coinbase wallet is very confusing!
get a ledger nano x
first off, you must abandon being naive and learn how to manage a wallet. get Ledger with a NanoX and BILLFODL for your keys, put the Billfodl in a safety deposit box and then practice moving your crypto back and forth between coinbase and your ledger app, at least twice. look and learn about what you just did. Then, after you see how that works... bury your crypto in your nanoX and put it in your sock drawer.
This will take you one full eight hour day of reading and practicing.
@@guts7518u recommend a ledger rather than a Tangem cold wallet? I’ve heard ledger had a couple problems back then but they probably fixed it idk
If there are only 21 million bitcoins that can be created, the price will obviously surge. They're 100 billion xrp coins in total. It would be harder for it to gain that kind of value surely?
@@awkwardfellow6912 is it true that half are owned by ripple labs?
@@Kimchi_brasiyes
Incredibly a billion isnt what it used to be.
@@awkwardfellow6912 xrp gets burned in every transaction
The difference with xrp is it has a burn rate.
Every transaction done with xrp a fraction of it is burned forever.
Think about how when the institutions start using it to settle payments how many transactions will happen daily.
And with a fraction of it being burned every time the amount of xrp will diminish, lowering supply therefore increasing value.
Chanelink joined with Swift ? whats the difference
I have xrp in Coinbase. I’ve heard that I should put it in a wallet? Is this true or just fear mongering? If it’s true which wallet should I get and how do I go about that? Thanks in advance. Nice video
What is the point of using Crytpo, if you can't even trust the merchants? Did you ever figure out how to use a Wallet? I don't understand what the difference is between using my account, and using a Wallet?
@@davidlugo1440 I heard that it is safer in a wallet. Someone recommended trust wallet
@@starseeddeluxe so I'm still new to this so I can be wrong. I think its cause if you leave it in coinbase you don't have control over it, so like coinbase can stop you from selling your crypto if they want to. also if the company goes under or if they decide to use your funds and can't pay you back, you lose all of it. like I said, im new so I can be wrong and people can correct me if im wrong
@@davidlugo1440 I have Coinbase and it will not let me verify my account, so I cannot use it. There is no one to help either. I looked them up on the BBB and there were a lot of people with the same issue. Very sad!!!
That is correct, you also run the risk of being hacked and potentially have your coin stolen by malware, definitely recommend getting yourself a cold wallet (eg Trezors, tangem, ledger) there are loads. Having a cold wallet means you are in full ownership of your coin and only need your seed phrase you will get once setting up your wallet and you are always offline.having a cold wallet is highly recommend and why wouldn't you want to own what is yours??
Watch a lot of videos, rarely comment.
Have to say this is hands down the cleanest and clearest use case explanation for XRP I have ever heard.
Excellent content!
Subscribed and checking out your other videos now
Excellent explanation. Very clear and straightforward! I'm very bullish on XRP. Thank you, Lewis!
Great advice Lewis. Just turned 46, bought into it after coming across this clip months ago and it’s been a great ride. I’ve always been an advocate of crypto because it has paid off handsomely since I decided to dabble in it. I've seen my net worth grow exponentially the past months.
It's totally far from luck. Sir Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $25k to good use with market driven strategies making me an optimal return of over $231k
Do not forget that when it comes to crypto, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors or “experts” do not influence.
@@Vikturneer I'm green in the crypto space. I work most of the week and barely have time to myself. I'd like to use mentorship. How can I get to him?
Hermanw jonas that’s his gmail okay
@@Vikturneer Thanks I was able to mail him.
Lewis! Thank you for the very straightforward video with great information. Here's a question: does XRP solve the cross border funding when using XRP only or does it also interact with other Crypto Currencies?
Hello I wish to start investing but I don't know where to begin, any advice or contact for help?
It is wise to seek professional guidance when building a strong financial portfolio due to its complexity
Talking to an expert like Stella Olsen to reshape your portfolio is a very smart move
The reality is that you can't do it without a tried and true person like Stella.
Stella is considered a key crypto strategist with one of the best copy trading portfolios and is also very active in the cryptocurrency space.
Quite encouraging seeing Stella Olsen being talked about here, I started off with 2000 Bucks... now with good returns.highly recommended..
This is streamlined & perfect! 🥳 whoot whoot!
A few of our family clan of 22 of us just bought in last week.
Big Thanks!
how do u make money off it though - just sell when goes up or do you make money off bank transactions? i dont understand that part
@@fifthavenuegirl that’s the part I’m not sure of either
I just bought $30 yesterday
I’m wondering should I get more or what mt next move should be
@@fifthavenuegirl XRP's value will go up with the billions of transactions per second when the ISO 20022 migration goes live worldwide in March 2025. Smart contracts and interoperability with other assets like XDC & XLM will generate value. In the short term, you can make money by wrapping XRP in Flare token 1:1, like you are lending your XRP but you maintain custody of it. Flare is 3 cents right now.
@@fifthavenuegirl there is no yield or any value generation only hope is that you're early. Not a negative either, it's a bet that more banks and people will use xrp in the future
I am pretty sure that: "Ripple actually still owns nearly half of the total XRP supply and sells XRP to fund their operations" should be part of "everything you need to know"
How is this the limit of what you need to know? How about losing your xrp reserve the second you fund your own wallet?
And how much is the reserve now anyway? I think that's important too...
Omg shogun was amazing. Nice correlation to the topic!
Thanks Lewy, this is so far the easiest and best explanation de found regarding xrp
Thank you so much for your kind words! I'm really glad the explanation was helpful-it means a lot to hear that. If you'd like to stay updated and explore more content like this, feel free to subscribe here: jackson66198.activehosted.com/f/1. Thanks again for your support! 😊
Yes, fundamentally, what purpose or problem is solved if we people own XRP? Seems like this is for cross boarder payments that banks will adapt at some point but for you and me, what is it for? Would like you to have included this. Thanks!
Me too
I don’t suppose you have any ideas on timeline.
New in crypto. Wish I heard this the moment this video aired. I subscribed. Great video.
Xrp was gifted to ripple. Not created by ripple
@@Bigdaddy13568 explain
THX Lewis. You addressed this in such a calm straight-forward easy to understand way. Needed. So much damn NOISE in the crypto world. I've been learning and investing some, but it often gives me a headache. I'm so glad I began learning about XRP many months ago. Staying tuned in here. Appreciated.
Ok so why can't the U.S dollar be in the middle instead of xrp ? I don't think the advantages were explained well enough unfortunately.
How do you buy it and where do you hold it??
Question. Can't we just use USDC and send it over? What's the difference?
Great question! USDC can be a fast and convenient solution for transfers, but the difference often lies in the context-things like fees, speed, blockchain preferences, and whether you’re aiming for long-term wealth strategies or just simple transactions. For deeper insights, feel free to check out my Instagram: instagram.com/lewis.w.jackson/.
_I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?_
As a beginner, it's essential for you to have a mentor to keep you accountable.
I'm guided by a widely known crypto consultant
Mrs Annette Gina
This is correct, Annette Gina strategy has normalized winning tra-des for me also and it's a huge milestone for me looking back to how it all started,..
Isn't that the same Annette Gina that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
i like the way you explain things
Thanks a lot bro for a very simple and enlightening explanation about xrp, and yes, there's no need to be overwhelmed about the pricing. The most important thing is that we have a new and efficient system working for the betterment of our way of life. Cheers!
You're very welcome! I'm so glad you found the explanation simple and helpful-it means a lot to hear that. You're absolutely right, it's all about embracing progress and how it improves our lives. Cheers to that! If you're interested in diving deeper or staying updated, feel free to subscribe here: jackson66198.activehosted.com/f/1. Thanks again for the kind words! 😊
Where should I go through for XRP
What is the process to purchase?
Thank you for the explanation, BUT: if I have XRP myself, then I can send XRP without the banks, The receiver can sell the XRP on the Exchange himself when he needs the dollars. And if we don't need the banks anymore, why do they cooperate? And, can the new CBDC be send without XRP?
Great question! You're absolutely right that you can send XRP directly without banks. The reason financial institutions cooperate is because XRP and RippleNet enhance cross-border efficiency, speed, and cost-effectiveness for *their* needs. As for CBDCs, they typically require their own infrastructure, but XRP can act as a bridge for interoperability. Feel free to dive deeper into such topics on my Instagram: instagram.com/lewis.w.jackson/. 😊
I want to thank you for making it easy to understand 🙏
You didnt cover how to invest in XRP and if we need to invest in Ripple AND XRP
I buy it on etoro
To invest in any crypto you need to open an account t on a crypto exchange, do your research, and Ripple as of now is a private company.
Ripple I believe will become a public company I think sometime 2025.
To invest in that you need a regular investing/trading account for the stock market.
newsletter sign up is where?
Good by Swift 👋
Thanks for the simple calm breakdown of cryptocurrency!
I’m so glad it was helpful-thank you for the kind words! 😊
Purchased XRP shortly after their legal matters were resolved at a dip of .42. So glad I did. Great video! Sharing it now!
What are XRP’s tokenomics?
Hi there! I don’t recognize your name, so I’m guessing you’re new here-welcome! If you ever need help with anything, feel free to ask. The best place to message me directly is Instagram: instagram.com/lewis.w.jackson.
While you’re here, check out some of the most popular videos on my channel:
Everything You Need To Know About XRP In 19 Minutes: ruclips.net/video/Vft2k67glj8/видео.html
How Much XRP Do You Need To ACTUALLY Retire: ruclips.net/video/i3c5jTRAD7M/видео.html
You’ll See This When God Knows You’re Ready To Hear It: ruclips.net/video/ERaH1i2-nRc/видео.html
Thanks for stopping by!
- Lewis
ok so xrp is not stable right so why would a country will do it and aslo if they want to do it with xrp they can do it with other crypto who's cheaper to transact.
please help ne understand.
how will they will overcome from price deviation
Excellent teaching. Thank you!
The amount of money 1xrp can bridge between 2 sides in transaction, that will be real value of one xrp on crypto market.
Thank you for this very simple and clear description about ABCs of XRP.
My disputes are:
What is the best way to store xrp.?
Wallet, which one?
Ledger?
How to transfer xrp from Revolut account to ?
Thanks
Thanks for the kind words! Great questions-when it comes to storing XRP, hardware wallets like Ledger are highly secure and popular. To transfer XRP from Revolut, you’ll typically need a receiving wallet address, but I recommend double-checking Revolut’s process for crypto transfers. If you’re looking for more in-depth insights, feel free to follow me on Instagram: instagram.com/lewis.w.jackson/ 😊
@LewisWJackson Thank you. Will try to find time for Instagram. Prefer YTube
Hi can anybody tell me please how and where to buy this XRP
Can i buy it through my bank or what is a safe trade company thanks
Hi !!! please I would like to keep updated on xrp
Excellent explanation!!!!
How do I become a student?
I understand what xrp does and it's innovation. My question which nobody can seem to answer is why would XRP's price go up? What causes one coin of XRP to rise? Wouldn't it be better if it was a stable coin? Why not use tether coin for this. Isn't this the same thing stable coins are used for?
@@tmoss017 can anybody give answer on these questions? Question logic is sane and should be answered in a simple way!
What is a stable coin?
@KarenShort-j8p A coin that's the tethered to a Real time currency. Making it more "Stable" than a Meme or Alt coin
Hey Nostro means our not yours that’s Vostro
Thank you!
You're so sweet-thank you! 😊
How do you learn all this information?
Thanks for asking! I’ve spent over 7 years in the crypto space, learning through trial and error, and I’m passionate about sharing everything I’ve picked up along the way. If you’re curious to dive deeper, feel free to check out my Instagram: instagram.com/lewis.w.jackson/. 🙌
What's about stellar also!!!???
But can’t this just be done peer to peer by using crypto wallets? What’s the point of a bank even being involved???
Exactly...the whole goal is to be anti-bank. There should be no 3rd party involvement whatsoever.
Where can I buy RRP ?
You can d/l Robinhood. Easy to do and a free trading platform. I started using it a whild back until I leaned how to trade and went to Webull and Moomoo which is more technical.
Pretty neat video, thanks. I really hope that XRP will expand globally.
but I am puzzling why it is not decentralised and only using few nodes ....
What's the best trading platform
Colorado
Very well presented, making it easy to understand how this XRP works, thanks.
The only thing XRP has going for it is that a lot of banks are on board, i guess. BUT, you can do this too with ADA, SOLANA, XLM, DOT, TRX, SUI, and probably thousands of other coins/cryptos
thank you you are amazing in explaining this to me 😄
Thank you so much for the information. I get it now. So how do I go about getting XRP. Where do I buy it? ❤❤❤
You're so welcome! ❤ To get started with XRP, you can purchase it on popular crypto exchanges like Binance, Coinbase, or Kraken. If you’re looking to dive deeper into crypto strategies, check out my Instagram: instagram.com/lewis.w.jackson/ for more tips! 🚀
@LewisWJackson I will thank you again. You're awesome
Newsletter link pls
Sure! You can find the newsletter link on my Instagram bio here: instagram.com/lewis.w.jackson/. Let me know if you have any trouble accessing it! 😊
so what happens if some co. tokenizes but then the price falls? xrp is still an INVESTMENT isnt it?
I am new to xrp. Where do i go to buy?
Welcome to the XRP journey! A good place to start is by checking out reputable crypto exchanges like Coinbase, Binance, or Kraken. If you need more guidance on crypto investments, feel free to check out my Instagram: instagram.com/lewis.w.jackson/. Let me know if you have more questions! 🙌
Who is more efficient, XRP or HBAR? HBAR uses hash graph technology.
Great question! Both XRP and HBAR are known for their efficiency but operate with different technologies-XRP focuses on fast payments, while HBAR uses innovative hashgraph tech. If you're curious for a deeper dive into crypto insights, check out my journey on Instagram: instagram.com/lewis.w.jackson/.
What is the best wallet to get and who is the best trader to deal with?
Would be good if somebody would answer this question as I need to know as well
They are many wallets cold and hot.. Metamask is the best hot wallet do research
Kraken. Tangem. This is not financial advice.
Thanks for this. My question is regarding setting a trust line. I’m nervous I don’t know about this and fear losing my xrp for lack of trust lines. Can you help?
You're very welcome! Setting a trust line can feel a bit daunting at first, but it’s simply a way to enable certain tokens on your XRP wallet. Make sure you're using a reputable platform to add trust lines, and if you're still feeling unsure, feel free to check out more resources on my Instagram: instagram.com/lewis.w.jackson/ or even schedule a call for personalized guidance!
You can send money to anyone using Paypal too right?
Yes, you can send money to others using PayPal! It's super convenient for quick transfers. 😊 If you're curious about other tools for managing finances or crypto, feel free to check out my Instagram: instagram.com/lewis.w.jackson/.
The xrp stable coin being introduced today makes xrp obsolete
is it worth to buy xrp rn?
Yuh
@@shinra2447 I’d say it’s worth it to get into crypto for the next like 4-5 years. Most people still don’t even trust it. You’re early but I’m not a financial advisor so🤷
Yes!!
@@shinra2447 I feel it’s gonna pay off, but that’s just my opinion and I’m in no way a financial advisor.
I’m not a terribly smart man and I’m certainly not a wealthy man but I’m glad I took my brother’s advice and made the effort to include buying XRP. Been regularly buying small amounts since it was at $0.40. I quit smoking and drop half of what I used to spend into little investments that are not part of my standard retirement planning. Hopefully I can shave a few years off my target retirement date!
No mention of 20022?
XRP's function is to act as a standardized unit of exchange between units of value. If it's not being held as a unit of value, where is it's value?
Great question! XRP’s value often stems from its utility as a bridge asset for transferring value efficiently across networks. If you're curious to explore deeper insights into crypto's value dynamics, feel free to check out my Instagram: instagram.com/lewis.w.jackson/. Always happy to help you on your journey! 🚀
Do you guys recommend keeping your crypto in coinbase or in a ledger and why please?? Thx
Great question! It really depends on your goals and risk tolerance. Keeping your crypto on a Ledger gives you maximum security since you control your private keys, but Coinbase can be a good option for convenience and active trading. If you’re looking for a deeper dive into crypto strategies and wealth-building, check out my Instagram: instagram.com/lewis.w.jackson/.
@ Thx, but I remember a few years ago when the sec stopped coinbase from selling or trading your crypto on coinbase of which at the time I had very little . If I had lots of it and needed to use some of it I wouldnt have been able, so it seems a little scary to out big money there.
Thank you brother.
You're very welcome, brother! 🙌
Hi how do I buy xrp in UK thank you 😊
Hey! I’m not sure if I’ve seen you comment here before, so welcome! If there’s anything I can do to help, let me know. You can always message me on Instagram if needed: instagram.com/lewis.w.jackson.
Also, here are a few videos that my audience really loves:
Everything You Need To Know About XRP In 19 Minutes: ruclips.net/video/Vft2k67glj8/видео.html
How Much XRP Do You Need To ACTUALLY Retire: ruclips.net/video/i3c5jTRAD7M/видео.html
You’ll See This When God Knows You’re Ready To Hear It: ruclips.net/video/ERaH1i2-nRc/видео.html
Glad you’re here-thanks for watching!
- Lewis
Excellent!! Absolutely Excellent!!!
It takes about 2-3 days for a few of my credit card payments to go thru
You explained this perfectly and understood almost immediately and I know nothing about crypto
@LewisWJackson - But are we investing in a cryptocurrency or a technology?
Season, episode?