Instantly Sell items for Ripple’s XRP
February 26, 2018
February 26, 2018
All of us have stuff in the house that we no longer use. That old guitar that has made it out the case only once. Comic books from third grade. The books that your grandpa left you. Fitness equipment that reminds you of unkept promises to yourself. It’s time to throw that out and declutter the place, right? There is something better you can do. Sell your physical items to Junktion for cryptocurrencies such as Ripple XRP. It would be best for you to take an item that is depreciating in value and turn it into an asset that will most likely appreciate in value. Investing it in something that grows over time like cryptocurrency is a great way to earn extra money.
Cryptocurrencies. Everyone is excited about them, they are the flavor of this investment season and Ripple is on the tip of everyone’s tongue. Some say cryptos are the future of financial transactions, others say they are a bubble close to bursting. Junktion is here to provide a low risk entry point in crypto. Like most enthusiasts, you have run out of fiat tot spend on crypto. We are here to help.
Why is it a good idea to sell my stuff for XRP?
Cryptocurrencies are the Money of the Future
For a long time, the only people who understood cryptocurrencies and took them seriously were geeks. The only time crypto entered the popular conversation was when something bad happened. Like the busted darknet site silkroad, where people could buy drugs or illicit weapons for bitcoin. Or the crypto exchange which lost all its holdings when hackers cleaned it out. Ripple has been affected by all of this. However, they are now a global phenomenon that is being studied by banks, companies, and governments. As the price of cryptocurrencies including ripple that has had as high a price as $3 according to this article started taking to the sky the wider financial world has been forced to take notice. Cryptocurrencies like XRP are now widely considered as legitimate storers of value and means of exchange. Getting them without spending cash was difficult before Junktion. Crypto futures and marginal trading are now traded in the biggest stock exchanges, a number of hedge funds have started investing in them all sorts of crypto companies and blockchain technologies and several big banks consider them as an asset class that can no longer be ignored. A few national governments are devoting significant resources to research about how best to adopt cryptocurrencies in the mainstream.
You No Longer Need Cash to Invest in Crypto
So you do not have the spare cash to invest in cryptocurrencies or ripples XRP at this time. Most households don’t realize the enormous value that they are holding in all the unused stuff that they see as clutter they can’t get rid of. Whether it is personal items or family heirlooms most households are holding unwanted stuff and physical goods worth hundreds if not thousands of dollars. Junktion Is a place that connects physical good to digital assets. We buy anything you own in exchange for Ripple XRP or any coin of your choice. We feel The biggest reason for people to be reluctant to sell to us is the time and effort spent acquiring your items for crypto. Humans feel that since we invested so much time and effort on it, we cannot just let it go. But that is what is the sunk cost’ fallacy. That time and effort are already spent and holding on to the stuff for longer will not yield dividends on that investment. If anything, the value of that stuff will diminish over time. What you will also incur is the opportunity cost – the cost of the missed opportunity to reinvest into something that yields much better return. What im talking about is selling your household items for crypto.
Your household stuff is a Depreciating Asset
Pretty much everything we buy declines in value over time. And that rate of fall increases exponentially as time goes by. That is why in economic terms, they are what is called a depreciating asset.’ But wait, what about antiques or collectibles you ask, doesn’t their value go up over time? It is true that if regularly maintained, antiques and collectibles in good condition fetch several multiples of the value that they are bought it. The truth is, unless you have had it appraised professionally, that grandfather clock that you thought is worth thousands of dollars is actually worth a lot less. Not everything that is old is antique. And if it is not antique, its value falls by the hour. Besides, all items are worth what someone is willing to pay and that will always vary
Take technology for instance. Every household has at least one laptop and few cell phones that are no longer in use. Each of them has some resale value to it. But this value is falling over time as their technology becomes more and more obsolete. Bigger memories and faster processors will cause the resale value of your old laptop to go to zero quicker than you realize. Meanwhile cryptocurrencies keep rising.
Trade your Old Stuff for Crypto
When you sell your used stuff, you are freeing tied up capital. While the easiest way of retaining that capital is selling your stuff for crypto, cash is easily spent. Even if you choose to invest it, the amount will always not be large enough for you to invest in something that is meaningful enough to give a return. Which is why Junktion recommends investing in Ripple and will support them. You might also need to research or spend more money to hire an adviser to find an investment that will give you good returns. By selling your stuff for Ripple, you immediately transfer the value of your stuff into another asset class. You cannot trade your old guitar for stock of Google, or your old collection of comic books for an ounce of gold or your grandma’s old jewelry for a US Treasury bond but you can trade it for cryptocurrency.
Selling your stuff over time for crypto will allow you to build up your crypto portfolio gradually. This way you do not need to worry about price fluctuations as This is what investment experts call a systematic investment.
We buy your old stuff for ripple and other cryptocurrencies. We allow you to unlock the potential of the junk lying in your house and reinvest that value into something that will yield substantial returns year after year.
Junktion is the place to sell physical goods for cryptocurrencies such as XRP.
We will buy your items in exchange for the crypto of your choice. We almost any coin on Binance is eligible for our service. Just ask us on this page Sell to us
Cryptocurrencies as a Long-Term Investment
It is true that crypto prices have been more prone to fluctuations than stocks or real estate. But then the best strategy against volatility is not to react to it. Buy regularly, invest systematically and over a period of time your investment will bear fruit – like gold, or real estate. Right now, the cryptocurrency market is almost entirely driven by news flow. A lot of the sharp movements in cryptocurrencies are due to the actions of speculators who buy and sell for short-term gains. As more long-term investors get involved in the crypto market, the speculators will have less influence and the prices volatility will go down.
Cryptocurrency Volatility is a Temporary Phase
Unlike your household stuff, cryptocurrencies are appreciating. Ripple (XRP) has risen more than 16000% since its inception in 2013. In that time the stock market has gone up 60% and gold has actually fallen by 20% while real estate has been largely stagnant. Cryptocurrencies have been the fastest growing of all asset classes in the last decade. So much so that some of the most influential people in the world of technology and finance have thrown their weight (and money) behind cryptocurrencies.