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Topic: 18% XRP Price Drop ! ~ Moon or Bust? - page 2. (Read 781 times)

copper member
Activity: 1190
Merit: 3
September 23, 2020, 02:48:23 PM
#54
I believe XRP is made for the future.  We should consider for it as a long term investment. Last month there was a surge in XRP price to my surprise, so correction is expected. I am not worried about what XRP's price is at the moment. Soon, this will stand still among other alts.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
September 23, 2020, 02:14:34 PM
#53
I believe from this point XRP only have one direction it is heading to and that is down, when you have a token that is as centralized as XRP in a decentralized setting like Crypto then you need to understand how the space feel. the team just withdraw XRP tokens worth over $100 million and I am sure some if not all is going to exchange to dump on gullible people. Take your loss before it is too late
legendary
Activity: 2534
Merit: 1338
September 23, 2020, 12:14:41 PM
#52
In contradiction, DEFI can not be good for XRP due to the obvious reasons. Don't look at the currently pumped DEFI numbers, the dust will settle and only strong altcoins will survive in the next market cycle which likely will be a bear season. Better diversify the portfolio with various altcoins and don't look at the portfolio performance every day. Holding XRP in small portfolio can be a reasonable compared to buying in big portion or going all in. I recommend to invest wisely and DYOR before investing a single penny.
While I personally do not like XRP in principle I can see why some people may be attracted to it as a coin with potential for growth however I think that only a very small amount of your portfolio should be invested in it, something like 2% to 3% seems about right and while some may think this is too little money to put in such a coin at the same time we needed to remind them XRP is neither BTC or ETH and that it does not offer the potential for growth that other coins offer so it is a coin that does not do anything exceptionally well when it comes to being an investment and as such it does not deserve as much attention as other coins.
jr. member
Activity: 82
Merit: 1
September 18, 2020, 11:37:35 PM
#51
For the life of me I'll never see XRP as a worthy cryptocurrency to hold for the future. I still think they have outlive their value in the cryptocurrency industry, a lot of people have seen them as centralized exchange and its hurting the project a whole lot. Stop all this IMF talks, it's against the true believe of Bitcoin and cryptocurrency
legendary
Activity: 2982
Merit: 1028
September 18, 2020, 11:30:21 PM
#50
Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys

 I don't think we will see much scope for price increase in ripple because the market cap is too high and it's too centralised for my liking. But yes it's kind of a safe investment for now and relatively hasuch less volatility.

I can say that it can be less volatility since the value is was already down from the last time ATH.

But for sure there are many things that can possibly happened along the way, chances that big whales who are also into
this coin made create good pumped and bring the value to rise, we never know only risk takers can hold it and wait for
long term success.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
September 18, 2020, 10:45:42 PM
#49
Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys
We are complaining whenever there is a Big losses in prices but never be thankful when the price grows Higher is this fair?

XRP had a great days last year and even the start of this 2020 so why bother today since you mentioned that you are a Holder?

if you really Hold then nothing to be more concern than the day of growth and not in the day of fall.
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
September 18, 2020, 10:40:39 PM
#48
Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys

 I don't think we will see much scope for price increase in ripple because the market cap is too high and it's too centralised for my liking. But yes it's kind of a safe investment for now and relatively hasuch less volatility.
member
Activity: 1092
Merit: 67
September 18, 2020, 06:44:09 PM
#47
It is better to just hold XRP in small quantities. I think its large total supply is going to make it harder for the coin to have a significant increase in price. I would rather hold ETH and BTC in bigger quantities than XRP.

XRP is an extremely risky crypto-asset. It is highly risky because of its centralized nature. The vast majority of the total supply is not in free-float. If any of the promoters want to dump his holding, then it can destroy the exchange rates. Ever since I entered the world of cryptocurrency, I have stayed away from this coin. There are far better cryptocurrencies out there to invest.

This is actually something to look at on this coin. What if one of the owners decided to leave and sell his share? This scenario is very possible to happen. I like how cheap XRP transaction fee is and how fast it is. But it is the team managing this is quite the scare from crypto users. Because it is centralized, you'll never know what will happen to their coin once there's a change with their management.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
September 18, 2020, 06:28:21 PM
#46
In contradiction, DEFI can not be good for XRP due to the obvious reasons. Don't look at the currently pumped DEFI numbers, the dust will settle and only strong altcoins will survive in the next market cycle which likely will be a bear season. Better diversify the portfolio with various altcoins and don't look at the portfolio performance every day. Holding XRP in small portfolio can be a reasonable compared to buying in big portion or going all in. I recommend to invest wisely and DYOR before investing a single penny.
legendary
Activity: 2534
Merit: 1338
September 18, 2020, 05:04:40 PM
#45
and I predict that XRP will be able to go up to the price of $ 1. If we look at the market now that the XRP price has now started to rise by around 1.59%. This good sign for XRP,
then XRP holders will have to be a little patient to see XRP go to the moon.
How can you conclude that the XRP price will increase by 1 usd just looking at the XRP price increase of around 1.59%?
if the intention is to hold for the long term and when the market is already bullish there may be a chance that the XRP price will go to 1 usd,
but if the reason is because the XRP price increase of 1.59% is very difficult to reference, maybe you can provide a little explanation and also chart analysis about it.
That is not really a prediction that is a wish, after all a movement of 1.59% in this market is nothing when we have seen a coin like bitcoin move more than 10% in a single hour, the truth is that if you look at the chart of XRP this particular coin is still in a bear market, if you take a look you will see that the coin is still producing lower highs and lower lows which is a clear sign of a coin that is crashing and when you add that it has lost its third place to tether  then it is impossible to talk about any kind of bull market for the coin.
sr. member
Activity: 1988
Merit: 453
September 15, 2020, 06:39:41 AM
#44
It is better to just hold XRP in small quantities. I think its large total supply is going to make it harder for the coin to have a significant increase in price. I would rather hold ETH and BTC in bigger quantities than XRP.

XRP is an extremely risky crypto-asset. It is highly risky because of its centralized nature. The vast majority of the total supply is not in free-float. If any of the promoters want to dump his holding, then it can destroy the exchange rates. Ever since I entered the world of cryptocurrency, I have stayed away from this coin. There are far better cryptocurrencies out there to invest.
jr. member
Activity: 137
Merit: 1
September 15, 2020, 05:48:37 AM
#43
It is better to just hold XRP in small quantities. I think its large total supply is going to make it harder for the coin to have a significant increase in price. I would rather hold ETH and BTC in bigger quantities than XRP.
member
Activity: 268
Merit: 10
September 15, 2020, 05:40:02 AM
#42
and I predict that XRP will be able to go up to the price of $ 1. If we look at the market now that the XRP price has now started to rise by around 1.59%. This good sign for XRP,
then XRP holders will have to be a little patient to see XRP go to the moon.
How can you conclude that the XRP price will increase by 1 usd just looking at the XRP price increase of around 1.59%?
if the intention is to hold for the long term and when the market is already bullish there may be a chance that the XRP price will go to 1 usd,
but if the reason is because the XRP price increase of 1.59% is very difficult to reference, maybe you can provide a little explanation and also chart analysis about it.

Perhaps he was referring to the average price for a certain period of time. If you take for example the last year and look at the charts of the movement of the coin, it really turns out that on average for one increase the price rises and falls by$1. Perhaps he meant something completely different, but according to my conservative calculations, the price is obtained with an average deduction.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
September 15, 2020, 05:14:56 AM
#41
Xrp is my main Long term hold along with Ethereum.

quick question:

do you like your money?

If your answer is "yes" I would like you to review the following:

How long are you holding XRP and what price did you buy it for and when was the last time XRP reached more than $ 0.50?

then look at other projects that came after XRP that already had 10X profit

I think that with this you will understand

Xrp needs a bit of patience IMO breakout coming.

How long have you been saying this to yourself?
legendary
Activity: 1862
Merit: 1015
September 14, 2020, 10:00:48 PM
#40
and I predict that XRP will be able to go up to the price of $ 1. If we look at the market now that the XRP price has now started to rise by around 1.59%. This good sign for XRP,
then XRP holders will have to be a little patient to see XRP go to the moon.
How can you conclude that the XRP price will increase by 1 usd just looking at the XRP price increase of around 1.59%?
if the intention is to hold for the long term and when the market is already bullish there may be a chance that the XRP price will go to 1 usd,
but if the reason is because the XRP price increase of 1.59% is very difficult to reference, maybe you can provide a little explanation and also chart analysis about it.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 14, 2020, 07:40:19 PM
#39
It is better not to take this drops seriously, XRP never had such strong market support and finds it normal these days since most new projects soar high. And besides, investors neglected to see XRP as they know that this coin is fully controlled, not it makes them profitable than investing in another project gonna be old or new.


XRP remains to its position and people keep also thinking about its capabilities.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 14, 2020, 06:58:39 PM
#38
It's not only XRP that has experienced a decline in price because Bitcoin fell below $ 11,000. But all other coins experience the same thing.
Seeing the very strong fundamentals of XRP, I am sure that the price of XRP will go up again, and I predict that XRP will be able to go up
to the price of $ 1. If we look at the market now that the XRP price has now started to rise by around 1.59%. This good sign for XRP,
then XRP holders will have to be a little patient to see XRP go to the moon.

$1 is still a long shot for XRP. But if they will continue with partnerships or collaborations with big companies, they will have chance to increase its value even if this one is centralized. What I like about this coin is that their transaction fee is really really cheap and they are fast. If more merchants or companies will deploy this coin as part of their payment method, this will give huge boost with XRP's value.
full member
Activity: 1190
Merit: 117
September 14, 2020, 06:55:41 PM
#37
It's not only XRP that has experienced a decline in price because Bitcoin fell below $ 11,000. But all other coins experience the same thing.
Seeing the very strong fundamentals of XRP, I am sure that the price of XRP will go up again, and I predict that XRP will be able to go up
to the price of $ 1. If we look at the market now that the XRP price has now started to rise by around 1.59%. This good sign for XRP,
then XRP holders will have to be a little patient to see XRP go to the moon.
legendary
Activity: 2982
Merit: 1028
September 14, 2020, 02:55:31 PM
#36
IMO, I believe that XRP is a real deal it's not just a fly by night cryptocurrency because it is a working product of a duly registered company which is the Ripple, in that case, I believe that the XRP price today is not that important because its a long term project and if we compared XRP from other cryptocurrencies with the same supply level I think XRP price was far more stable. 
I am not trying to be too harsh but what kind of investor or trader can say something like this, the price is everything and XRP despite being a project that has been in the market for very long has not showed significant profits in years, who in his right mind is going to keep being invested in such coin when projects like bitcoin and ethereum have showed a significant better performance over the same time period, besides when you add that XRP is extremely centralized it is fair to ask us if it qualifies as a cryptocurrency when it has such important ties to banks and to me this makes XRP a project not to be trusted.

Always prone to any possible manipulation from both developers and the whales who are supporting behind.

You have to make a better assessments if you are willing to take some ride with this assets, though not for being an investors
but I'm using this coin to transfer my assets as my local wallet also added this coin to their wallet, after sending my fund I
automatically convert it to local fiat to avoid any heavy fluctuation.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
September 14, 2020, 01:41:14 PM
#35
Xrp is my main Long term hold
I will advice you to sell it and remove it from the list of your long term holding because XRP is a high manipulated altcoin. You ought to be aware of that by now through the profit you make from your long holding of XRP and ETH

Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.
Dont believe everything you hear from this kind of group cause most them make paid advert or intent to pump the price of their puppet coins. TI thats was penalized by the SEC is an example.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys
There's no bullish future for XRP cause it has no benefit or something good whatsoever to give to crypto communities.
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