Pages:
Author

Topic: Ripple Currency - is it worth investing in? (Read 1537 times)

full member
Activity: 250
Merit: 100
August 25, 2017, 01:25:59 PM
#32
Many people who predict for ripple will be good for long term investment.

But it gets very exciting after you say it,
you better eggs for the development of development before you go wrong, this is advice. But if you believe in it, invest immediately. Good luck
sr. member
Activity: 1078
Merit: 354
If you have to ask somebody the answer is NO. Only invest with your due diligence, research and gut instinct, few here will tell you the truth.

I totally agree that you need to research, and shouldn't invest on the basis of what people say on here. This is always the best advice.
Any coin you want to invest in, you need to research it first. And XRP takes way more research than most.

I recommend it as a solid long-term hold, but don't buy on the basis of that... always always research it yourself, and make sure you fully understand what you're buying.
full member
Activity: 140
Merit: 101
If you have to ask somebody the answer is NO. Only invest with your due diligence, research and gut instinct, few here will tell you the truth.
newbie
Activity: 21
Merit: 0
imo yes, but only if you will hold long-term
full member
Activity: 145
Merit: 100
Market cap is very high and risk reward is bad but could be a good short term trade.
newbie
Activity: 38
Merit: 0
which exchange best to get xrp?
sr. member
Activity: 1078
Merit: 354
Hi people...  Smiley

Just read a little bit about ripple currency and its working mechanism seems to be a little different than bitcoin. Seems like an interesting concept. However, the company will hold 50% of its 100 billion ripplies.

Does it mean that the currency will if not appreciate as much as bitcoin, there are still chances that it might appreciate in the coming months and years?

If so, is it worthwhile to invest in it for longer term?


PS. I hope we can store ripples in paper wallets as well?

Ripple (XRP) is an excellent coin. But unless you know a great deal about the inner workings of international finance you'll need to do a lot of research to understand what it is, and the problem they're trying to solve. And you'll need to do a lot of research to see through all the FUD, too Smiley

It's nothing like bitcoin, and it's not really a coin for short-term speculation either. Basically if Ripple succeed in what they're trying to do, the price will shoot up massively. If you learn all about it and are prepared to hold for a long time (possibly years), then this will be a great investment.

legendary
Activity: 1218
Merit: 1001
Ripple is a promising coin. They make great aggrements with banks all around the world. They are trying to beat Western Union.
They are more focused on money transfers. And this is a good thing. I believe Ripple will rise more and more.
full member
Activity: 266
Merit: 101
I have around 500 ripple. Got a decent amount on giveaways back in 2013-14 and exchanged for btc back in the day.

Not sure whether I would invest money on it now but I'm keeping the 500xrp long term just in case price rises.

*High fives*

Also got a few xrp from giveaways, will hold them for now and will just wait for the price to appreciate. After all I got them for free   Cheesy

Are any of the giveaways still available?
i think ripple may not be the best investment value, but its a coin that I have bought.
full member
Activity: 224
Merit: 100
I have around 500 ripple. Got a decent amount on giveaways back in 2013-14 and exchanged for btc back in the day.

Not sure whether I would invest money on it now but I'm keeping the 500xrp long term just in case price rises.

*High fives*

Also got a few xrp from giveaways, will hold them for now and will just wait for the price to appreciate. After all I got them for free   Cheesy
sr. member
Activity: 518
Merit: 250
I think this coin is worth to invest in for long term and its sudden rise just recently was because of the good news it brought on the table. Some investors are actually interested to invest in this coin. I had a couple of Ripple coins a few months back but dispose them because I thought there was not enough development of this coin but I was wrong.
newbie
Activity: 10
Merit: 0
I have around 500 ripple. Got a decent amount on giveaways back in 2013-14 and exchanged for btc back in the day.

Not sure whether I would invest money on it now but I'm keeping the 500xrp long term just in case price rises.
full member
Activity: 186
Merit: 100
Ripple is worth investing in lot of money. But its centralized, that means everything can happen to your money. It may even lose value by increasing supply. I think it as the last coin to invest ever here.
hero member
Activity: 966
Merit: 500
Yes, i think ripple is a very good coin. Both for short-term and long-term investments, last night Ripple Price Continues Ascent as Volume Crosses $ 2 Billion. It is a remarkable achievement for ripple.
full member
Activity: 182
Merit: 100
XRP is worth investing for a long term, but if you want your money circulate for a week or a month better to with bitcoin, waves or ETH it will give you more income long term or short term... and as of now XRP are very slow to goes up... as other says you will around 1 to 3 years before having good profit on it. check out other coin if you would like to invest: NEM MONERO WAVES ETH NEO
sr. member
Activity: 630
Merit: 272
I think very few altcoins that deserve attention for long-term investments. Most people use ripple for speculation. Someone earns, and someone loses. If you are interested in investing for the long term then this Ethereum or bitcoin.
newbie
Activity: 63
Merit: 0
How much I would like to see banks fail xD, banks will still be here for a while therefore I don't think you can go really bad on XRP right now.
Just buy it around it $0.15 - $0.17 (current price while writing: $0.27). I got mine very cheap and could have made a profit, still decided to hodl on them since I believe it will go up again. Although its wise to spread you're total investment in serveral coins.

I got
- Xrp
- Stratis
- BTC
- Siacoin (for the heck of it) Cool
full member
Activity: 238
Merit: 100
WORDCOIN
Hi people...  Smiley

Just read a little bit about ripple currency and its working mechanism seems to be a little different than bitcoin. Seems like an interesting concept. However, the company will hold 50% of its 100 billion ripplies.

Does it mean that the currency will if not appreciate as much as bitcoin, there are still chances that it might appreciate in the coming months and years?

If so, is it worthwhile to invest in it for longer term?


PS. I hope we can store ripples in paper wallets as well?

I think it's ok,
what forced you to hesitation?
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
ripple is one of those coins that went crazy about the supply and now in the long term it is paying the price so to speak. it is exactly the same situation like Dogecoin for example. they go crazy on the supply without thinking properly and then end up with an altcoin that keeps going lower and lower in long term.
Pages:
Jump to: