Although Ripple is developing very fast and has plenty of agreements with influential companies and banks, a lot of investors and traders are very sceptical about it because it is not like other cryptocurrencies: it is centralized and obeys all the regulator's rules. That's why the majority of people don't trust it and see how its management team makes all the steps to make cryptos lose their basic features and peculiarities.
I also entered the market because of the amazing story with it at the end of 2017. Although, soon I realized how this market works. I bought XRP once and it didn't bring me any profit actually. And I want to warn you that if you expect Ripple to burst and bring you huge profits, it won't. At least not in the closest time, maybe in 2-3 years. The main issue for that is the massive circulating supply of XRP coins: 39 bln. coins are too much. Very few coins can with billions of supply can reach more than 1-2$ price.
I advise you to invest in other top coins.
Topic: Ripple or other altcoins? - page 4. (Read 526 times)
Wrong coin and wrong strategy of investment. You dont invest just because you've heard that it will bring you to moon soon.
Researching on what you are investing is what an investor need, dont invest because of hearsay but invest because you know that its the right place for your money and you know what you are doing.
Researching on what you are investing is what an investor need, dont invest because of hearsay but invest because you know that its the right place for your money and you know what you are doing.
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
It's very wrong to listen to people on this forum, you do not need to do this, because no one here will ever tell you how to do it, because here most people write nonsense. So do not listen to people, think with your head. 
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
You have a lot of money, but you can´t manage it. Investing in cryptocurrencies is for a long time, nobody gets rich over night. There is only one way what you can do now - HODL. Soon you will see a big profit.
Ripple is very promising coin but I think its better to find another altcoins with small market cap but with bright future, this kind coins are going to give us very big profits.
don't invest on XRP your money will stuck better to invest on other coins
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
Cant imagine that someone invest 5000 USD in single coin and that too XRP. This coin is having some disadvantages of its characters. Its not perfect crypto coin and its just unlimited in number so there will be never a big pumping of its prices anytime soon in the future. Ripple is getting hyped these days because people think that its use in some banking sectors can revolutionised it truly. However, thats not the real fact here as its emission will always keep rising as the sue increases and thus it will never reach a threshold where the prices are very high. You should really look after getting some profits when it hikes and then try to investing in some other coins.
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
if you believe you can recover your loss you can sell it and move on to another coin. but I guess ripples are not bad. many people strongly believe in this coin that one day there will be a significant increase.. many have argued that this is because of their supplay or because of the characteristics of ripple coins that differ from others. you remember XRB how cheap this coin was when he started there and now we all know the price has gone up tens of fold
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
Ripple has been shown around the world including on the Ellen DeGeneres Show, it has potential but at the moment the price is not showing this. One major thing I think is holding it back is due to its affiliation with banks as bitcoin (being a successful crypto) strives off of this and is why people love bitcoin. If Ripple were to find something that the people love it will also do this.
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
In my opinion, $5000 is not a small amount to invest in just one coin, and, for ripple, I think it is a huge amount to invest in. Although it has a big popularity, I think ripple can never be a good choice in crypto.
It may be a good asset for investment, but still I would personally choose other altcoin, as I believe that Ripple may lose its support from crypto community as more and more people realize that it's pseudo-cryptocurrency that is not worth our support. But still now itmay have its ups, as many people are here just for earnings, not for idea or technology.
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
unfortunately, I think ripple is an ambitious crypto. at the beginning of last year I heard there are many partnerships that have been completed by ripple, ranging from finance companies to banking, but unfortunately until now ripple did not experience good growth and reached the maximum.may I suggest you continue to hold the ripple until the profit target is reached and you can sell it.
Some people say that ripple would reach the moos soon. So I invested $5000 in it. To my dismay, it is decreasing in prices, incurring me a heavy loss. What do you think guys, will it increase in prices? or should I sell all ripple coins I have and go for another?
Jump to: