Opinions on XRP for long term investment (BEGINNER) - page 2.

Colt81

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Quote from: jesse florian on October 25, 2019, 03:55:14 AM

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.

I think it is much worth it if you invest in XRP because it is cheaper and it is worth to invest your money to it in a long term because it has a potential to have a better value in the near future. Honestly, i also hold a small amount of XRP in my wallet and other altcoins like ETH, BCH, BNB and other coins that are worth to hold because it could go to the moon some day or next year.

Kersh768

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Quote from: jesse florian on October 25, 2019, 03:55:14 AM

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.

XRP is one of the cryptos in the market having good reputation for long term investment. I am actually holding a little amount of it along with other cryptos but I have no plans of letting go of it right now despite of the market situation. I do believe that it would be able to recover someday. Some are not into ripple but in my opinion, if we are talking about long term investments, it should be on the list of options despite of the contriversies it is facing with regards to decentralization.

glendall

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3% increase for crypto is not uncommon, minimum increase of crypto 30% and above as happened in bitcoin a few days ago,
if the market is bullish, any coins you buy provided that the top 10 rankings in the CMC will have good potential for the future,
so don't wait long if you really want to invest, XRP is the right choice of many cryptocurrency that has good potential for long-term investment.

Viper1

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Quote from: confreslamp on October 28, 2019, 06:16:10 AM

Why is everybody trying to invest in Ripple? The main aim of crypto is to create a decentralised world and Ripple stands for security, centralisation and control. Actually, XRP belongs to stock market and not to crypto.

Because the majority these days are only interested in making money and couldn't care less about decentralization etc. Apparently they all love bending over for governments, banks etc.

confreslamp

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Why is everybody trying to invest in Ripple? The main aim of crypto is to create a decentralised world and Ripple stands for security, centralisation and control. Actually, XRP belongs to stock market and not to crypto.

ufaiz50

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Buying when prices go up is one wrong concept. When prices go down it's a good start to start, with the crypto market where there is a dump there must be a pump, both of them alternating. As a trader or investment you have to know what the floor value is and how much the month is worth.

XRP is a coin that is widely discussed beside btc, eth, bnb and USDT. So the XRP market has a controversial market, as a form of investment I recommend always watching that market.

Pamadar

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Quote from: jessyj48 on October 28, 2019, 03:54:15 AM

What could be so wrong adding ripple to your list of coins you want to hold? First its a top coin even if its centralized like many claimed its still a good one, once you are into diversity of coins adding ripple is a plus, for long term hold ripple can't go wrong

Patience will be tested when you use this coin for your investment, XRP which been around for some time already gave decent benefits to those investors who entrust their money with this project. XRP being inside the top 10 inside CMC are workable in long term investment process, since value also rising when Bitcoin having it's rally you can hold some XRP and wait for the price to rise back till it reached the last time high or better if it's much higher and meet new ATH.

Wysi

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Quote from: jessyj48 on October 28, 2019, 03:54:15 AM

What could be so wrong adding ripple to your list of coins you want to hold? First its a top coin even if its centralized like many claimed its still a good one, once you are into diversity of coins adding ripple is a plus, for long term hold ripple can't go wrong

You would not be saying this if you have invested into ripple during the last quarter of 2017 as it reached over $3 then straight away reduced to under 50 cents due to the increased supply and bearish market, since then it has not reach $1. It's not about what people feel it's about the fact and reviews from those who had already invested. Ripple is a good coin for short term investment during bullrun but not sure about long term.

NathanJB

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Ripple (XRP) is much better if set as a long term investment rather than on a short term. It is one of the consistently top altcoins. It has been ranked third over all for a long time. In fact, it has snatched away the second rank from Ethereum several times. If you buy XRP, you must be ready for a longer HODLing period. Do not buy XRP if you want a quick gain. HODL XRP until it reaches around 2$. That is very possible. The stronger bull run will give that to XRP.

grintsch

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Very good attitude - if you're interested in the market and have seen a few coins you're willing to spend time on, the best way of actually doing this is investing (a little) in them. XRP might be controversial, but as a counterweight to BTC etc. it's definintely worth a look. ROI-wise it's all hard to predict as the valuations in these markets still depend on speculation to 95%, but it makes sense to place a few bets on projects that you feel are *actually* solving a problem.

jessyj48

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What could be so wrong adding ripple to your list of coins you want to hold? First its a top coin even if its centralized like many claimed its still a good one, once you are into diversity of coins adding ripple is a plus, for long term hold ripple can't go wrong

White Christmas

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Seeking for opinions to the others here and also to those persons who have a enough experience on investing for long term is the best idea you've done. For now I also suggest to invest in xrp because xrp is a good ripple in which it may stable sometimes but if it pumps up then it would be huge and the graph of the xrp is like following the graph of bitcoin and ethereum, and xrp is one of the top 3 currencies so better if you will invest here.

CryptoVzla

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i think you should consider to buy xrp or trx instead digibyte, before you decide which coin you should buy, you need to make your own research about coin that you wanna buy, just follow your heart, but im recommend you to buy xrp instead digibyte Grin

just put my 300$ invesment on XRP, and gonna hold it for long term

AliMan

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Quote from: ?? on ??

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.

Not bad for long term investments, traders and holders would simply have that mindset xrp will reach a promising value. With patience and dedication on the method of growing our holdings, we can sustain once we're doing it practically. Xrp price will increase at smaller percentage everyday, you won't notice someday it has achieved the best selling price.

Deathwing

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XRP/Ripple is centralised. It's against Bitcoin's and other coins mission and vision. Why would you like to invest in a coin that is basically managed by others? Even Ripple, the company itself is selling their coins all the time when there is a slight bull on the price of Ripple. The most trustable investment from fiat to cryptocurrencies (in my opinion, that is) is just Bitcoin and Ethereum for the time being and potentially, forever.

jpnl0006

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XRP in itself has a great potential in the fintech space and has already started to gain grounds by aligning with financial institutions to get them to become adopters of the XRP project all in the guise of enabling an easier, safer and immutable transaction void of trust by both parties involved. That had given the XRP more step ahead of its peers and that I can say is a point to consider when an investor wants to invest, but more important is an investor's research. So, also do your own research.

Immakillya

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Yeah, XRP is worth to invest with your money. XRP did good job for years and compete with top altcoins out there. Actually it's a must invest altcoin these days. Bank support for cryptocurrency is very unique. So when XRP is created, it's very unimaginable. And now XRP is one of the major Coins. Also it has the best scalability when it come transactions among the other major coins. It has its ups and downs but still survive. So for me it a must have coin.

EmmanCryp

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Firstly, I like OP mindset and orientation. Good for you to know the inherent risk involved in your decision to invest in cryptos. Though with a small capital, I would rather invest in a promising low cap coin (riskier though). But it's also a good idea (less risk) to invest in big cap coins like xrp.

aomakun

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XRP for long term investment, xrp price are regular not much drastical change and a can say its xrp more likely stable. But if btc had a huge pump xrp can also get a gain. As it is now, when BTC experienced a drastic increase of 30% in 24 hours, XRP also experienced a 10% increase in effect.

xrp is good enough for investment, usually they get more profit when btc is in a pump trend like you said. so I think xrp can indeed be a good investment reference, with prices that are still affordable and price movements that I say are interesting

Pamadar

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XRP can move to the right track if they progress well on their platform. Ive been watching the chart for xrp and clearly it will surpass eth sooner if eth doesn't improve well. So I guess youre budget for investment is well suited for XRP considering its price is still low.

Ive bagged some xrp already. If bull run arrive only these three coins will progress, btc, eth and xrp.

Bitcoin is moving now and with that those solid projects in terms of fiat are also gaining goo value, it's not that hard to entrust your fiat investment with crypto coins that have good support from communities, being the 3rd crytpo from CMC makes this project got a good chance to bring huge value in terms of fiat conversions. Trying to sort and invest at the bottom it will bring decent benefits once the market start bounce as whole.

Topic: Opinions on XRP for long term investment (BEGINNER) - page 2. (Read 628 times)