Topic: Im coutious about xrp warning - page 2. (Read 529 times)

At least safe our money in the safe investment, SEC lawsuit to XRP already run for 3-4 years, it will take a long if we want waiting in the next bullrun, especially many altcoin with big potential compared with XRP. BTC,BCH,ETH, and LTC is the best choice for now due to as recommendation by SEC

For me personally it's too risky to keep insisting on making XRP an investment,
their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.

The most important reason to not invest in XRP is what happened to it during the previous bull run, while most of the top coins on the market reached a new all time, which was many times higher than their previous one, XRP failed to achieve this, so if someone is thinking about speculating with this coin what kind of incentive do they have? After all it is also possible it will fail to reach a new ATH again, and in that case why bother with XRP when you can invest in many other coins which will go much higher?

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.

The problem with XRP did not arise today or yesterday. This problem has been dragging on since 2020, when the SEC filed a lawsuit against Ripple. And until a final decision is made, it is difficult to talk about the prospects of the XRP coin. Didn't you know all this?

it is bad to see what kind of coin are you being worried while XRP is still red when all of top 10 coins are greening ?

https://coinmarketcap.com/currencies/xrp/

forget about XRP now mate, instead choose other currency that may generate you good return in the next coming years .

and also Bitcoin mate , never forget to add in your choices and holding .

Well XRP is a very old coin and the idea behind it is even older so I can see why some people still look up to it, however as you mention we also know that it is a centralized altcoin and a coin like that goes against the decentralized nature of this market, and sooner or later governments are going to give attention to it and try to destroy it, and while it we are still not at that stage the SEC seems to want to tighten up their regulations and this will affect all of those centralized coins the most.

You are right about that, it has been fishy since it first started and a lot of people warned others not to buy it and it's centralized and it could never be as good, but people still ended up buying it, no idea why they did that but they did it anyway. I think it would be smarter if they could end up realizing any project that is centralized will face these type of issues, xrp, bnb, they are all having it and will continue to have it.

Because if you end up working towards making something centralized, then SEC will take a look into it and probably even consider it as securities as well, which would make everything change in a day. So long story short, the moment XRP was ever created, it was created as a bad idea, shouldn't even existed to begin with.

Most of the centralized cryptocurrencies have thesame risk they possess and the only reason that makes a little difference from them is the background developers behind each projects, so we should always have it on mind the possible risk related to memecoins and know which one to go for and which to be totally avoided, XRP may not have serious issues as thought like many others we bever suspected to fail along the way.

Try checking this thread mate  https://bitcointalksearch.org/topic/bitcoin-vs-xrp-5452575 as there are lots of comments about either Bitcoin or XRP to be invested and you will also find how bad some looks about xrp's future.
Here is another valid point , the SEC nowadays are acting accordingly against crypto and no matter how good the coin is , they will still look for something they can trigger its vanishing or their winning.

looking at this:

https://coinmarketcap.com/currencies/xrp/

we see price of $0.4947, now going back in time, something like 6 years ago, all I see is a project that was the biggest disappointment for many people, I remember that 6 years ago when I entered tradeview all I saw were comments and analyzes about the price of xrp, and they were very optimistic comments, at that time the price of xrp was 0.25$ and the price of bitcoin was 6000$ so people kept talking that the price of xrp would reach 3$ and then the 5$, for those everyday people who talked about it it really seemed like it was something 100% for them that it would happen, and the price really touched the 3$

it was something very celebrated, because with that many people already had more than 5x profit and all I read was that they would continue to hold until they had 100x profit, I asked myself why so much greed, how far would it all lead, then came the news da sec and the price simply dropped a lot even with the price of bitcoin being much higher than 15000$ it was not enough to contain the huge sale that had xrp, that showed the disappointment that people were having, so today someone thinks that the xrp still has some hope that it will be able to recover then that person would be making a big mistake that will make him lose money, the xrp is stagnant, he simply froze in time

IS the type of altcoin people should stay very far away from

since you are already tagged I am not sure if you are still interested in our answers here.

but what is better for you? never to invest in XRP if you feel not safe about it.

Ripple (XRP) for me is already fishy since the beginning, I am not attempted to buy any Ripple since the beginning.
SEC lawsuit is ongoing and there is no guarantee of a favorable outcome for Ripple.
For sure these whales are gonna do what they will do, which is manipulate the price of ripple and at the time they will lure some people, they will just dump on it, it's like their liquidity, so be careful.

this is why if you are a holder, you need to read what's going on because they can easily do the rugpull stunt and before you know it, they are slowly selling their stash. i like xrp for transfer purposes as they are pretty cheap with tx fees and most trading platforms have this coin. however, for long-term investments, better be careful in touching this one. up until now, we don't know what will finally happen to their SEC issues.

Whales are still holding XRP but I'm sure they are also preparing a strategy if bad things happen,
we know that Ripple is currently on a warning status because Ripple has not won anything against the SEC,
so the bad possibility of XRP rugpull is also very large, so the investment choice is in your hands we are alone, and better not follow the whales.

I agree that stellar and XRP being quite close to each other in mindset, and if you want to avoid one, then you need to avoid another. I know that it is not going to be easy to do that but that's how we should be approaching it. I know that a lot of people will not avoid them, look at their rankings but that's just the way it is.

I avoid them both, it is not a good investment and never owned a single XRP before, and I think it is quite important to remember that if you know what you are looking for, then getting rid of all the ones that are not in the zone for you to invest could be taken away from your calculation. What I am looking for is not XRP and XLM type of coins, so I avoid them and take them out of my list, don't even care what their price is, don't even look at it.

How sure are you that SEC won't come for XLM as well?

Are you sure those who are opposing them won't hold it and those who speak well of them are not, the issue of letting information drive investment from someone else's perspective makes me feel uncontrollable . With XRP clearly having its opponents and supporters, the SEC-related story is still a big question mark among many people and the issue is still not really clear.

Depending on different levels of research, people may or may not be interested in it, to me XRP is still a notable crypto, but it would not be in my preferred category in this market. It will probably take time for XRP to become stronger in the face of the SEC accusation, and keep this in mind when things go back to normal it can take a strong turn.

SEC drives people to think that XRP is very close to a shutdown and just anticipate it.
However, it was not that easy as this issue started many years ago but XRP is still alive and available in huge exchange. Although I haven't stored or bought this coin, however, sometimes I use this for moving my funds from one exchange to another because of its low fees compared to BTC and ETH. It is something to say that despite the situation that this project faced with the SEC, it still plays some roles that some traders know it.

I dont understand one thing, if you follow the big guys and whales why not follow XRP? XRP its made for the big guys and banks, and XLM stellar are the guys who were part of the project but they went out of it because they want to be more " for normal people and community".