Topic: What are the benefits of buying XRP at present? (Read 726 times)
What advantages can we talk about? The company is in the worst and most uncomfortable position possible. Ripple won't bring any positive news anytime soon. Coins are devalued every day, exchanges refuse to cooperate, and you are waiting for an advantage?
To be honest I would stay far away from Ripple. The token itself is not needed to transfer funds inside RippleNet but people often buy XRP in hopes that this will be used as the main token in the network.
Also the team controls a big supply of tokens that they can sell when they feel like it.
Also the team controls a big supply of tokens that they can sell when they feel like it.
I don't know any more about XRP with its existing problems but even so, I haven't had a chance to sell it until recently and am aware of the problem there is. With the events and problems that have befallen XRP it is clear that there will be a lot of support leaving but I personally am still hesitant to sell now as this is a big project and with the loss of multiple sources it is clear that it is already affecting its presence in the market.
I did not expect anything from XRP and I will not buy it again because of the negative sentiment directed at them. Buying for some time and trading it on a small scale as a day trader activity in my opinion is not a high risk thing as long as there are many traders who do it on the exchange. But it may no longer be suitable for long term investment. Let's think realistically that there are plenty of other altcoin options that have potential advantages at the moment.
I don't want to advise you on how you should use your money and investment, it's entirely your right because profit and loss on this activity is entirely your responsibility. Consider the risks.
It was never suitable for long term "investment" with over 2% inflation (purchase power loss) fiat is at 2.3% (on average)I don't want to advise you on how you should use your money and investment, it's entirely your right because profit and loss on this activity is entirely your responsibility. Consider the risks.
I did not expect anything from XRP and I will not buy it again because of the negative sentiment directed at them. Buying for some time and trading it on a small scale as a day trader activity in my opinion is not a high risk thing as long as there are many traders who do it on the exchange. But it may no longer be suitable for long term investment. Let's think realistically that there are plenty of other altcoin options that have potential advantages at the moment.
I don't want to advise you on how you should use your money and investment, it's entirely your right because profit and loss on this activity is entirely your responsibility. Consider the risks.
I don't want to advise you on how you should use your money and investment, it's entirely your right because profit and loss on this activity is entirely your responsibility. Consider the risks.
good news ? lol .
good news for the haters of coinbase but coinbase is big and it can be nothing for them because they can always pay it with their money but they will be forced to drop the connection with xrp and xrp is still endangered .
so many bad news all coming with xrp and someone still ask if what is the benefit that he can get when buying and hodling xrp .
i wouldnt call that benefits , if i were him i will wait if all xrp problems settles and if xrp came back to work
good news for the haters of coinbase but coinbase is big and it can be nothing for them because they can always pay it with their money but they will be forced to drop the connection with xrp and xrp is still endangered .
so many bad news all coming with xrp and someone still ask if what is the benefit that he can get when buying and hodling xrp .
i wouldnt call that benefits , if i were him i will wait if all xrp problems settles and if xrp came back to work
And good news keep rolling in
https://u.today/breaking-coinbase-sued-over-illegal-xrp-sales
https://u.today/breaking-coinbase-sued-over-illegal-xrp-sales
Buying ripple now is a very bad idea. It's worth understanding that the market is bullish now and the price of the ripple is only falling. The trial has not yet passed. Price will be about 5 cents soon...
I think it's too early to buy Ripple. The bad news about Ripple is still not over. Ripple prices could see sharp declines. You should set yourself a target price and I think that target should be at least $ 0.2 
And this just happened already yesterday/today I guess. I cannot believe Ripple tricked me into thinking we could actually hit $1 again,,, this SEC news really hit hard but you know what? If I had a lot of money and was willing to wait for another few years for next rally, I would definitely be getting into this dip hehe
Too risky, XRP may find it very hard to recover after SEC, buying now can bring further losses later if people decide to still dump, it's better to look for other altcoin to invest money on or try investing very little amount of money on XRP
What happens when XRP wins the case, is rubber stamped as a currency and they start to partner with powerful financial institutions. This is the plan and it will happen I believe.
Bitcoin in 2019 regarding a cryptocurrency investigation Look at the headlines:
"Bitcoin prices have been dropping steadily after news broke that the Securities and Exchange Commission had launched an investigation of cryptocurrency-related tech companies and advisors this week"
https://www.investopedia.com/news/bitcoin-price-sinks-amid-sec-cryptocurrency-investigation/
You'll have a bag of history on you and that's about it.
Even if the SEC's decision regarding the matter favors Ripple, people would have already strayed away from the cryptocurrency given the general negative sentiment towards it. Also, Ripple is a centralized coin, and its creators are pretty much not addressing some concerns and questions regarding the coins centralization.
You can still try to toss XRP around if things are really that desperate for you, or you believe that it can still bounce back as normal. But most of us here think otherwise, with or without SEC's say on the matter.
Even if the SEC's decision regarding the matter favors Ripple, people would have already strayed away from the cryptocurrency given the general negative sentiment towards it. Also, Ripple is a centralized coin, and its creators are pretty much not addressing some concerns and questions regarding the coins centralization.
You can still try to toss XRP around if things are really that desperate for you, or you believe that it can still bounce back as normal. But most of us here think otherwise, with or without SEC's say on the matter.
Apple, Microsoft, General Electric, AIG and Amazon all investigated by the SEC - do people have a negative sentiment towards those companies? No in fact they have excelled.
Too risky, XRP may find it very hard to recover after SEC, buying now can bring further losses later if people decide to still dump, it's better to look for other altcoin to invest money on or try investing very little amount of money on XRP
Since the price of XRP is the lowest at the present time, what is the possibility of profit if I buy it at the present time? This project will not be in the market and will go away.
My advice for now is not to buy or invest in XRP, because in my opinion it is very risky and of course it can make your money disappear, so if you want to invest in XRP then you better wait until XRP and SEC problem are resolved, because that will allow you to invest in XRP safely.
High return, i guess? But nothing guarantee that xrp wont continue to fall after such big scancal. SEC is really a coin killer. However, they do that just to protect the investors sfter shady activities of Ripple
In my opinion, ripple still have a change to regain its value. The team need to understand their extremely awful situation so as to drive the train to its correct path.
In my opinion, ripple still have a change to regain its value. The team need to understand their extremely awful situation so as to drive the train to its correct path.
Too much doubt about XRP right now. It's better for you to stay away for now, the hype of BTC is just starting and also there are other coins too that are slowly following. You may choose other than XRP, better be secure than risking too much.
I think it's too early to buy Ripple. The bad news about Ripple is still not over. Ripple prices could see sharp declines. You should set yourself a target price and I think that target should be at least $ 0.2
If XRP can win against the SEC, the price will go up again and many exchanges will add XRP back, but if XRP loses. What you are saying is true XRP will go away.
You are right the situation is now 50-50. It is very risky to buy XRP right now despite a good fall. Technical analysis will not work while XRP is under pressure from the SEC.
Well, i think that XRP will get some spikes before it dies or even before the SEC's final decision. I know alot about these traders shilling XRP, they love it because it brings them alot of profit, i'm nearly sure that they will try to pump it at any moment. It's weird that people still hodls their bags in XRP after that slight death in price, you can't expect people's movements or reactions and the most important part is that you must not follow their movements in the risky periods.
Since the price of XRP is the lowest at the present time, what is the possibility of profit if I buy it at the present time? This project will not be in the market and will go away.
Well the thing is we don't know if it will go away or when will it go away, so, better we stay away, it's that simple. This is the right time to buy as the price already fell down a lot and when the market becomes stable the price of XRP will rise and the panic sell time has already been over.
That's a risky trade calling you but I think it will be much safer if Ripple Labs has already been out of the lawsuit rather just thinking it's in the bottom of every technical analysis. You may have a overbought signal on the technical side but the fundamentals isn't that on the bright side.
With the present issue XRP is facing, I think it would be difficult for it to go higher in the market. A lot of people had lost a lot of money from it especially whales who are holding a huge chunk of XRP. Bad news keeps coming as time goes by, and even some platforms are suspending XRP pairs.
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