Xrp is a good coin, although the price is very heavy to go up. But for long-term investment, I recommend this coin. Many people consider this coin is a bad coin for investment, because this is a coin that is planned to be made for global payment instruments. So many predict that Xrp will not have a high price. But for me it is not, Xrp is a good coin and also has the opportunity to be highly valued.
I also think that this coin is bad, but I also see that it is often at the peak of popularity now and I do not want to miss the opportunity to earn money on it and therefore I buy this coin a little
Topic: Opinions on XRP for long term investment (BEGINNER) (Read 628 times)
I can see that the XRP fanboys have unleashed a new wave of propaganda in favor of that coin. But the basics for Ripple remain as bad as ever. First of all, the handful of promoters hold close to 80% of all the XRP in existence. They have dumped some amount during the last few years, but they are unable to sell most of their coins because of the low liquidity associated with XRP. In case this coin goes up in value, then you can expect them to dump huge amounts on various exchanges. Under such circumstances, I would argue that XRP is a coin that is least suitable for long term investment.
Xrp is a good coin, although the price is very heavy to go up. But for long-term investment, I recommend this coin. Many people consider this coin is a bad coin for investment, because this is a coin that is planned to be made for global payment instruments. So many predict that Xrp will not have a high price. But for me it is not, Xrp is a good coin and also has the opportunity to be highly valued.
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XRP for long term investment
At over 2% inflation (value loss) a year its no different or even worse than fiat. Bitcoin supply halving every 4 years anyone not capable seeing the long term implications cant be helped.
XRP never was or will be an investment, its a gamble. A fool seeking a greater fool to dump hard on later. Works great as long as not the greatest fool.
Whoever said that, but this investment in long term will bring you a lot of money.
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
-Paul Samuelson
Nice idea, many people are not enjoying their growing portfolio, they even not enjoying their personal growth, they just want a result, so they don't enjoy life at all. Enjoy your altcoins, learn about them and use them, you will see how good it is. “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
-Paul Samuelson
I used to criticize XRP for being a centralized coin, even at that, it is one of the best coins doing so well on CMC, most especially that it is at the third position, which it has been maintaining for long and posing as a rivalry to ethereum. I also feel secured investing in it. At least, to a larger extent, it is good if one invests in it.
You say you want to make a profit quickly by investing in XRP. There really is nothing wrong. But you need to categorize yourself as a trader. Short term, Mid Term or Longterm. If you want to quickly do the short term method. do not stick with just one coin, can choose coins with large volumes and do Scalpinng HIT and RUN. it's better, if fixed on XRP you can use the mid term and longterm methods. Need to be patient to get profit.
As the topic stated to be in Long term in the subject but OP also mention he don't want to wait too long, since XRP is good for long term and there are times also applicable in short term. Maybe it will depends on OP target profit since XRP is already a established alt , earning from it will only depend on our skills in trading it or by the market performance.
I would look for coins that you believe will have actual adoption. XRP probably has a good chance of being adopted widely (after what has been said by Moneygram), but it's still a long way to mass-market, and its valuation is already pretty high.
If I were you, investing in the long term is not mandatory just by expecting extraordinary things from coins that are indeed the top coins in exchangers. Many coins have more active potential that can benefit you for a long time. Indeed XRP including expensive coins. Don't you see the potential for XRP price drops? speaking of rising prices for XRP is a promising hope but behind that there is a big enough risk for the sustainability of your money. Why not try TRON, low priced coins but in my opinion more potential than XRP.
I am going to invest $150 (Canadian) into some coins. My first post mentioned DigiByte, but now I'm curious about XRP upon research and considering that it's within the top 10 coins I think makes it safe. Considering that I'm a COMPLETE noob and venturing this at 18, I started with $100 but felt an extra $50 would not hurt but that's the max I'm going. I'm very well aware of the risks and know I could lose my money which is why $150 is my max because losing won't hurt me. I'm not investing to make a quick buck, I'm just extremely curious in this market.
I've been following XRP for the last week and the price value has gone up by 3.05%, I'm curious whether people wait or buy straight away while the price has gone up (considering its the 3rd ranked coin). Also wondering if this is a coin for long term investment. I still have a lot to learn before considering investment, but I do not want to wait too long in case the value goes up. I don't even know how to buy a coin... apart from that, I'm curious if anybody has more information that will be useful for my final decisions.
What I want to know is why you want to invest in XRP and not BTC? What makes you love XRP? If the increase, the BTC increased more than most other altcoins in the last increase.I've been following XRP for the last week and the price value has gone up by 3.05%, I'm curious whether people wait or buy straight away while the price has gone up (considering its the 3rd ranked coin). Also wondering if this is a coin for long term investment. I still have a lot to learn before considering investment, but I do not want to wait too long in case the value goes up. I don't even know how to buy a coin... apart from that, I'm curious if anybody has more information that will be useful for my final decisions.
Check out the article about how to get crypto: https://bitcoinist.com/how-to-buy-cryptocurrency/
I am going to invest $150 (Canadian) into some coins. My first post mentioned DigiByte, but now I'm curious about XRP upon research and considering that it's within the top 10 coins I think makes it safe. Considering that I'm a COMPLETE noob and venturing this at 18, I started with $100 but felt an extra $50 would not hurt but that's the max I'm going. I'm very well aware of the risks and know I could lose my money which is why $150 is my max because losing won't hurt me. I'm not investing to make a quick buck, I'm just extremely curious in this market.
I've been following XRP for the last week and the price value has gone up by 3.05%, I'm curious whether people wait or buy straight away while the price has gone up (considering its the 3rd ranked coin). Also wondering if this is a coin for long term investment. I still have a lot to learn before considering investment, but I do not want to wait too long in case the value goes up. I don't even know how to buy a coin... apart from that, I'm curious if anybody has more information that will be useful for my final decisions.
Nice choose with Ripple or XRP but you must waiting little long time with Ripple coin investing because price of ripple never have growing up suddenly, always price up slowly with take two weeks or three weeks for Ripple raise to higher price, if you want get much profit faster with $150 you can invest with ethereum or you can invest with coin have lower price under $0,1 like you invest with tron and doge coin. I've been following XRP for the last week and the price value has gone up by 3.05%, I'm curious whether people wait or buy straight away while the price has gone up (considering its the 3rd ranked coin). Also wondering if this is a coin for long term investment. I still have a lot to learn before considering investment, but I do not want to wait too long in case the value goes up. I don't even know how to buy a coin... apart from that, I'm curious if anybody has more information that will be useful for my final decisions.
My friend, it is not every coin that you see at the top market that you should pay attention to, and you know that we still have people that are faking lots of volume because of the money they have to do so. Looking at ripple, I count this project amongst the projects that are faking their volume and I will really not put y complete trust in them because they could dump so hard at any time since they don’t have many people that are using them even if they have real use case.
if I were you as a beginner, I would rather prefer to just put that money into a project that I am very sure of, then once you are confidence about your first investment, then you can start gambling with every other investment and be risking your money, but as a starter, please put your investment first in bitcoin alone, because it would be a sad thing for you to lose that $150 to a project that you cannot guarantee for future which I really don’t see with xrp.
if I were you as a beginner, I would rather prefer to just put that money into a project that I am very sure of, then once you are confidence about your first investment, then you can start gambling with every other investment and be risking your money, but as a starter, please put your investment first in bitcoin alone, because it would be a sad thing for you to lose that $150 to a project that you cannot guarantee for future which I really don’t see with xrp.
I think XRP is a good choice for long-term hold and investment, the price of XRP has been stable for the past months and you need to wait for the bullrun if you want to make a great profit from your $150 investment. Maybe 2-3 years.
You say you want to make a profit quickly by investing in XRP. There really is nothing wrong. But you need to categorize yourself as a trader. Short term, Mid Term or Longterm. If you want to quickly do the short term method. do not stick with just one coin, can choose coins with large volumes and do Scalpinng HIT and RUN. it's better, if fixed on XRP you can use the mid term and longterm methods. Need to be patient to get profit.
I am going to invest $150 (Canadian) into some coins. My first post mentioned DigiByte, but now I'm curious about XRP upon research and considering that it's within the top 10 coins I think makes it safe. Considering that I'm a COMPLETE noob and venturing this at 18, I started with $100 but felt an extra $50 would not hurt but that's the max I'm going. I'm very well aware of the risks and know I could lose my money which is why $150 is my max because losing won't hurt me. I'm not investing to make a quick buck, I'm just extremely curious in this market.
I've been following XRP for the last week and the price value has gone up by 3.05%, I'm curious whether people wait or buy straight away while the price has gone up (considering its the 3rd ranked coin). Also wondering if this is a coin for long term investment. I still have a lot to learn before considering investment, but I do not want to wait too long in case the value goes up. I don't even know how to buy a coin... apart from that, I'm curious if anybody has more information that will be useful for my final decisions.
That is a good choice especially that you are still a newbie, investing in top 5 is the safest route for to lessen the risk of your investment.I've been following XRP for the last week and the price value has gone up by 3.05%, I'm curious whether people wait or buy straight away while the price has gone up (considering its the 3rd ranked coin). Also wondering if this is a coin for long term investment. I still have a lot to learn before considering investment, but I do not want to wait too long in case the value goes up. I don't even know how to buy a coin... apart from that, I'm curious if anybody has more information that will be useful for my final decisions.
150$ investment is a good start for a newbie especially that you already know the risk but what I can suggest is Eth then hold it for a long term. You can just visit your investment weekly/monthly and dispose your investment once it can hit x5 or more base on your target selling price.
If you want to invest in XRP with long term, it's a very precise choice. Given that XRP never rose its price to $2.5 at the end of 2017, I suppose if long-term investments in XRP are very suitable.
Isn't that it doesn't wanted to rise but the price is affected also by demand and market cap. The supply of xrp is no doubt so huge. Seeing it at 1$ is already a good deal, maybe if they can be listed to every market like btc then they can caught up well with price. But yeah, if there is a good altcoin to buy now is xrp cause it is stable and slowly rising.
The only advice I can give you right now is that if you have to ask for opinions about projects to invest in on Bitcointalk forum from a bunch of strangers, then you want to lose your money, as an investor, one of the first things you have to learn is how to DYOR and I know it's not the shortcut everybody is looking for, but it produces positive results.
Coin XRP is one of the coins that is bail for long-term investments, because given the price of XRP at the end of the year 2017 ever climbed to $3.5, I think the price of XRP would go up again. If you buy now also good if you're playing long-term investments.
The truth is that majority of these coin still relies on bitcoin to increase and I think without bitcoin gaining full strength of bull run, we just should not expect anything from these coins like ripple to reach that value, which I think it is a dream that may never come true, the last time ripple reached $4 was because altcoins market was new to bull run then, which their bull run was artificially created, and the ignorance of people made them to start pumping money into altcoins, including project that are even not trust worthy, but ever since people have been wise about altcoins now, do you see much people pump money into altcoin market except bitcoin? and if bitcoin rise is to affect coin like ripple, it will only be climbing by little percentage which makes me conclude that before ripple can get to $3.5, it will need bitcoin to reach like $100k.
Whoever said that, but this investment in long term will bring you a lot of money.
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
-Paul Samuelson
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
-Paul Samuelson
XRP investment, LMAO
A lease never was or will be an investment.
What is next a casino token/chip/jeton is also an investment? It always belongs to the casino, you may take it home sell it to someone, whatever still belongs to the casino, same as XRP still belongs to Ripple
Gambling on some junk is not investment.
If you are a victim of fraud, seek legal advice, thats sound advice.
A lease never was or will be an investment.
What is next a casino token/chip/jeton is also an investment? It always belongs to the casino, you may take it home sell it to someone, whatever still belongs to the casino, same as XRP still belongs to Ripple
Gambling on some junk is not investment.
If you are a victim of fraud, seek legal advice, thats sound advice.
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