Topic: Other than bitcoin is it worth to invest in Ripple? (Read 1043 times)
It will be more correct to say ‘to invest in XRP’. Or am I mistaken? PLS, correct me if I’m wrong. Just like most people here, I think that it’s a worthy investment.
Ripple is a very popular cryptocurrency and, of course, in demand, if you will look at the demand for ripple in recent years, we can confidently say that this cryptocurrency is very necessary for big investors and therefore you can invest in this altcoin without thinking, but about the ripple pump, maybe this year we will see ripple growth.
Why people are inclined to the hype of ripple? Price of ripple is dragged thus far just due to a hype. There are many good and genuine investment coins out there in the market other than Bitcoin. For example, Binance Coin, Ethereum are the best investment opportunity.
I think it's because many new traders and investors still don't know a good and right investment, while for investment I suggest you choose a coin that has a very limited supply because that way can provide good potential to be able to get a profit because the price can be expensive.
Why people are inclined to the hype of ripple? Price of ripple is dragged thus far just due to a hype. There are many good and genuine investment coins out there in the market other than Bitcoin. For example, Binance Coin, Ethereum are the best investment opportunity.
I am not a fan of Ripple, so I am not going to make any investments in it. It looks like XRP token is not having many real use cases, so the only reason of the growth might be a growth during next altcoin season.
You are not an XRP Fan so I guess you won't know much about it. XRP is not really as good as other leading altcoins in this market, but XRP is sponsored by major banks around the world, and in the future it will be applied to banks. Investing in XRP is a great investment, and its price will certainly be pumped strongly this year along with bitcoin.
I am not a fan of Ripple, so I am not going to make any investments in it. It looks like XRP token is not having many real use cases, so the only reason of the growth might be a growth during next altcoin season.
If you want to invest in one of the coins then do not believe in the predictions that have been said many other investors, better see for yourself from the development of the coin if it has potential then do not hesitate to invest in it, Like XRP which is one of the very good coins for us to use in the future and I am currently holding the coin, but all this depends on our individual beliefs.
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Supply is the main reason why so many investors are worried that investing and Ripple in recent years could not increase prices well, making this coin no longer a good choice for everyone. Over the past year, XRP has been around $0.2 to $0.3 and this really disappointed me because other coins like ETH, LTC, and BCH have all grown very well in the last few months.
Of course, I sold coin two years ago and will definitely never invest again because the risk of holding this coin is huge. I believe that XRP will soon return to $0.1 or lower because I don't have much hope when it comes to this coin.
Can't deny that fact. Holding XRP is just simply too risky considering how centralized they are and not to mention that the mining pool is completely controlled by them. I can't even see why this coin is in favour of some people out there, I guess there always some outliers out there. But, the rumours regarding manipulation that endlessly revolve around this coin what makes me stay away from this coin. Of course, I sold coin two years ago and will definitely never invest again because the risk of holding this coin is huge. I believe that XRP will soon return to $0.1 or lower because I don't have much hope when it comes to this coin.
XRP is a heavily centralized coin and therefore investing in it is much more riskier when compared to the other cryptocurrencies. This is obvious when you check the daily trade volume of XRP. The volume is much lower when compared to the other alts, because most of the available supply is kept out of active trading. More than half of all the XRP is being held by the promoters indirectly, through the Ripple Foundation (61.3% of the total supply). Three of the biggest promoters each hold over 5% of the total supply. This includes Chris Larsen (5.19%), Brad Garlinghouse and Jed McCaleb (7.3%). In short, a few promoters control close to 80% of the total supply of XRP.
I mean, you're definitely not wrong about this.
I wouldn't invest in XRP in the long run either because its fundamentals is based on a centralized system which imo, sort of defeats the whole purpose of using crypto in the first place to take away the middlemen.
But the fact that they are able to partner with so many institutions means that they are able to attract investment from that field as well in the case of a bull market, which I think will be driven to a significant extent by the injection of institutional capital. So short term, I'm long XRP.
FXStreet & Express.co.uk Ripple Price Prediction These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2020. This is an assumption based on the fact that Ripple is best Investment opportunity of 2020.
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
I'm not a big fan of Ripple but all indication and their current standing points that it is worth investing in Ripple, they are not in the third position for nothing and although there's one exchange that delisted it, I don't think it will have an impact at all, they are still good but once Facebook coin launch they will have a direct competitor.
XRP is a heavily centralized coin and therefore investing in it is much more riskier when compared to the other cryptocurrencies. This is obvious when you check the daily trade volume of XRP. The volume is much lower when compared to the other alts, because most of the available supply is kept out of active trading. More than half of all the XRP is being held by the promoters indirectly, through the Ripple Foundation (61.3% of the total supply). Three of the biggest promoters each hold over 5% of the total supply. This includes Chris Larsen (5.19%), Brad Garlinghouse and Jed McCaleb (7.3%). In short, a few promoters control close to 80% of the total supply of XRP.
I don't know if this ripple is worth to invest because it has big supply and you know if the coin has big supply the price will not increase for more, it will slowly down instead.
Supply is the main reason why so many investors are worried that investing and Ripple in recent years could not increase prices well, making this coin no longer a good choice for everyone. Over the past year, XRP has been around $0.2 to $0.3 and this really disappointed me because other coins like ETH, LTC, and BCH have all grown very well in the last few months.Of course, I sold coin two years ago and will definitely never invest again because the risk of holding this coin is huge. I believe that XRP will soon return to $0.1 or lower because I don't have much hope when it comes to this coin.
The basic thing we should all know about, is that it's hard to call a centralized coin a "cryptocurrency". Unfortunately, but centralization conflicts with the foundaments of the cryptocurrency philosophy. Another thing is that a centralized coin can be created in infinite quantities, so there is a risk of being reprinted like normal money at any time. In my opinion, no serious investor should invest in such a thing.
It is obvious that most people are not really listening to your advice since ripple is the third coin in terms of market cap and most likely this is going to continue to be the case for a very long time, I do not like that aspect of ripple either but you need to think about ways to obtain profits and if ripple gives you the chance of making profits then you need to take it and as soon as that ends you should sell it and get a cryptocurrency that follows more closely the philosophy of this market. XRP is a good alternative coin, the market value is good as well as the exchange volume is attractive too.
but the main thing to concern is the supply of ripple.
Circulating ammount and the total supply is huge.
The total supply of ripple is not only become the main concern but you must remember about how ripple has no utility and this is the main problem when it comes to the adoption and this coin is not worth to invest again. another coin that on top 50 coinmarketcap are better than this one. ripple is over valued but the main thing to concern is the supply of ripple.
Circulating ammount and the total supply is huge.
FXStreet & Express.co.uk Ripple Price Prediction These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2020. This is an assumption based on the fact that Ripple is best Investment opportunity of 2020.
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
With the current price $0.237428, xrp can recover much more this year but not up to the point of $5. It's all time high was on 2014 with the price of $3.84 so, I do not expect much for xrp to surpass that price this year. There are also other possibilities that can lead to other circumstances and open up new opportunities. Ripple still have long road ahead so hopefully, it can further improve in the following time.
FXStreet & Express.co.uk Ripple Price Prediction These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2020. This is an assumption based on the fact that Ripple is best Investment opportunity of 2020.
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
Indeed the fact that XRP has good potential this year. I am also interested in switching from several altcoins to holding XRP too because of this potential. Hopefully, the price is as expected. https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
I don't know if this ripple is worth to invest because it has big supply and you know if the coin has big supply the price will not increase for more, it will slowly down instead.
is that true ? why ripple recently increase at a good percent . its supply is big but not bigger as what other coins have and those coins didnt ever try to increase hard . all coins can slowly go down but that is not cause of thier supply .
all coins can also go up but i guess thier increase potential will now depend on thier supply . bitcoin is already good investment , if i were them i will only stick to it . like what they say , its better to stick to one .
FXStreet & Express.co.uk Ripple Price Prediction These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2020. This is an assumption based on the fact that Ripple is best Investment opportunity of 2020.
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
In my opinion, with the current market conditions and the increasing number of competitors in altcoin, it is difficult for XRP to reach the price of $ 3 again as before. Currently, investors are given a lot of potential new altcoins and in my opinion there will be a change in rankings in coinmarketcap, besides the market has not fully recovered earlier this year
I don't know if this ripple is worth to invest because it has big supply and you know if the coin has big supply the price will not increase for more, it will slowly down instead.
FXStreet & Express.co.uk Ripple Price Prediction These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2020. This is an assumption based on the fact that Ripple is best Investment opportunity of 2020.
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
https://coinpedia.org/information/xrp-ripple-price-prediction-2019/
Let me know your point of view on this?
In my opinion, with the current market conditions and the increasing number of competitors in altcoin, it is difficult for XRP to reach the price of $ 3 again as before. Currently, investors are given a lot of potential new altcoins and in my opinion there will be a change in rankings in coinmarketcap, besides the market has not fully recovered earlier this year
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