What are the benefits of buying XRP at present? - page 3.

ralle14

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Quote from: khiholangkang on December 29, 2020, 11:30:18 PM

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.

That's a big if and from the looks of it the damage is already done so even if they do win it's going to take a lot of time before XRP could recover. Tbh I don't know if they could even recover from this and most traders likely won't go back to buying XRP now that it caused a lot of loss to their portfolio.

Quote from: btc-facebook on December 29, 2020, 06:57:22 PM

There is speculation that this is just the drama the whales do to get the price down and the whales have the opportunity to buy them cheaply. If this is true then now is a great time to buy XRP and make a big profit.

This is more like a bait so that the whales could pull out at better prices since XRP is going downhill for almost 2 weeks.

cabron

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I'd be surprise if someone still buys XRP at this time.
Everyone spread its a scam, they also have a case from SEC and the price just prove to be plummeting down.
If an investor still buys XRP, he must have inside information about its details that he expects profit in the end.

bryant.coleman

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Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

From what I have seen during my 8+ years of association with cryptocurrency is that investing in XRP at this point will be a loss making exercise. Once an altcoin goes down by 70% or 80% in a short duration, the chances are that it will never recover. It will be interesting to see the reaction from the XRP promoters. If Brad Garlinghouse and Chris Larsen are quietly dumping their tokens, then it is a massive red flag.

khiholangkang

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Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

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.

arabianhorse

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I don't think profit can be expected by buying xrp at present. Because there's just bad news going around xrp. The effects of this bad news will have to be borne by xrp for many days. If usa accepts xrp then it can pump xrp again.
BREAKING: Grayscale has increased their $XRP position by 8.5% after prices plunge to a 6 month low

btc-facebook

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Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

There is so much speculation about XRP,
There is speculation that this is just the drama the whales do to get the price down and the whales have the opportunity to buy them cheaply. If this is true then now is a great time to buy XRP and make a big profit.
But there is other speculation if this is the end of XRP because we can see if so many exchanges delist XRP that it is possible that XRP will lose a lot of investor support. And if this is true XRP price will return to its lowest price.

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Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

There is a chance that you will profit. But you need to take care and watch the market carefully. There will be sudden pumps and dumps of it following the lawsuit and for sure just like what happened. It surged and then followed by a crash.
If you want to invest on it, do it with precaution because you're aware of the situation for this coin. But if you cannot, with your money, buy bitcoin!

TimeTeller

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Quote from: qazgroup on December 29, 2020, 05:38:56 PM

Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

I think they will come out and survive out of this crisis eventually but it will take time so do not expect your high risk xrp purchase to really yield you gains anytime soon and watching all the delisting news daily I think buying below or around 10 cents could be good entry.

It seems that XRP will still go below 20 cents, if more and more exchanges will delist XRP.
If that will happen, you need to assess if you can take the high risk of investing into a coin, where future is very hazy.
We don't know what the XRP team is doing to rectify the situation they are in.
And how long can you wait, if in case XRP will get back to its feet? Are you willing to wait for months or even a year?
Lawsuit is not easily closed or resolved. It would take time, now, it is up to the XRP team how they will go with this matter.

dothebeats

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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.

chanler

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XRP is still on trouble, it still as many negative news around here. One f them is about the SEC and also delisting from some exchanges more likely Coinbase. Of course it will infleunce the makret of XRPitself. In ths case, I will prefer to ot to buy the coin for this recent time.

qazgroup

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Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

I think they will come out and survive out of this crisis eventually but it will take time so do not expect your high risk xrp purchase to really yield you gains anytime soon and watching all the delisting news daily I think buying below or around 10 cents could be good entry.

BigBoy89

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Quote from: imran102 on December 29, 2020, 04:06:01 PM

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.

None

Even if SEC stops with the cases and Ripple regain some value, you will gain much more if you put your money into Bitcoin or Ether.

IMO Ripple is done. It will continue to exist as some niche corporate coin, and that's all.

imran102

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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.

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