What's happening to XRP and TRX now? - page 2.

jimmywh

member

Activity: 140

Merit: 22

When investing, patience really is the key.
The reason why so many people say: "don't invest more than you can afford to lose", is not because they have a feeling that losing it all is actually an option. They say it because of the volatility in the market. One day you will lose 10% and the next day gain 20%. You get crazy if you look at the red numbers on the exchange. You also get crazy if you look at the green numbers. Wink

I myself am pretty heavy invested in both XRB and TRX, and my investment is currently down by around 5-10%. However, they will bounce back and reach new ATH soon enough.
Do yourself a favor. Instead of looking at the 24 hour movement, look at the weekly or monthly. They will tell you another story.

mstfprcn

hero member

Activity: 700

Merit: 553

if i have a chance to choose one of it, absoluely i choose TRX instead of XRP, Justin is pretty hardworking in order to develop the project. Pls be patient, as you know preivous years everybody called ethereum as a SCAM as well.

The_Selected_Few

newbie

Activity: 37

Merit: 0

Overhyped to catch out the people looking for a quick profit, with the volume of XRP around the price cant go much beyond what it is now.

Tone147

member

Activity: 221

Merit: 10

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

No token can keep going up, depending on how much you buy it, and if the price falls, it's a good idea to sell it now.

styca

sr. member

Activity: 1078

Merit: 354

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

If you're looking at coinmarketcap, the sharp dip in XRP price yesterday was because they removed South Korean exchanges from the price calculation. This is because South Koreans were paying a huge premium for XRP because there is so much demand for it over there. The effect if you're not South Korean was that the XRP price quoted on coinmarketcap was far more than you could actually get on an exchange.
There has been a slight price dip since then, but much of the dip is actually an illusion. Don't panic.

MRN94

newbie

Activity: 20

Merit: 0

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

XRP is the second largest crypto based on market cap. You can call it bitcoin's competitor. The reason it is falling because the whole market is seeing a dip in prices right now. Bitcoin increased to $16000 last week but now it is down again. And since the whole market is down, XRP and TRX are experiencing a dip as well. But it will go up in the future. Keep XRP, but change TRX to Ethereum. It is a better alternative. TRX is still struggling and there's no guarantee it will attain a sizable market cap.

Muruga

newbie

Activity: 126

Merit: 0

I don't know about the TRX, but Ripple has a predictable correction. Many investors who bought Ripple when it was worth around 20-50 cents,
are now starting to fix profits and sell Ripple, which leads to a drop in prices.
There are persistent rumours that Ripple may appear in the Coinbase listing before the end of January.
In this regard, I think it is worth keeping this coin and not selling it. If it turns out to be true, the price of the Ripple will fly to the moon.

Mary_Swift

member

Activity: 84

Merit: 10

Quote from: NikitaSkublov0202 on January 09, 2018, 12:30:41 AM

I think, you should keep both and wait. It's a temporary decline, which is more the result of random events than a trend

Do you really think that keeping both these cryptocurrencies is a good idea? Perhaps it's better to keep only one of them and transfer money from another to some more stable cryptocurrencies?

Amalker

sr. member

Activity: 826

Merit: 250

There is a lot of bad rumors about TRON now and I think all this project is scam. Plus global correction whole market.

andrey755

full member

Activity: 490

Merit: 100

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

For the ripple does not worry, he lived and will continue to please us, now it is true for many alts you can see the correction, but the main thing is not to rush. The trone as for me is another shitcoin swelled with rumors and incomprehensible information.

kevoh

full member

Activity: 448

Merit: 110

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

Apparently, you bought into these coins due to FOMO based on their recent rise and popularity. My suggestion would be for you to do your own proper research on a project and invest in a particular altcoin based on your own convictions. Also learn to hodl and buy the dip!

jlanzago

full member

Activity: 266

Merit: 101

Cryptomooniac - to the moon and beyond...

Cryptos are very volatile. So they will go up, and they will go down. Nothing to be affraid if you do control your risk and have proper diversification in place. If you have your portfolio concentrated, volatility would be much higher.

superloy

member

Activity: 126

Merit: 11

#1 ICO on a Global eCommerce Ecosystem! Worldwide

Quote from: NikitaSkublov0202 on January 09, 2018, 12:30:41 AM

I think, you should keep both and wait. It's a temporary decline, which is more the result of random events than a trend

And I think these two coins Tron and Ripple are both for long-term investments because they have a very high market value capital and they're not decreasing but in stable mode. Probably they will pump and sell double your money after a year or two.

superloy

member

Activity: 126

Merit: 11

#1 ICO on a Global eCommerce Ecosystem! Worldwide

Tron and Ripple are just one of the some coins that proves typing investors can be manipulated by media and will always be. If you're going to realize that the effectiveness of the project is better than popularity so that's why I stick with some underdogs and wait for it to explode and then Good profits will follow.

sheenshane

legendary

Activity: 2520

Merit: 1233

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

I have both that coins in my potfolio i think much better XRP than TRX, i'm not affected on price down of XRP i just hold this because there's posibility this coin will rise up again. Maybe that coin was down because of bitcoin price down too, hopefully by next month it will rise up again. Choosing coin in altcoins is like a gambled because you don't what happen next for this if you got invested, so goodluck to you and also me if you just hold on much better if you need to divert another coin that's you're choice.

Tynovten_

full member

Activity: 420

Merit: 101

There so much news about TRX, but since I bought it, the price keep going down. And for all this time, XRP is on stable although the price is going down but XRP will not lose relience. I suggest you to move your coin to XRP.

elwiswoodie

member

Activity: 378

Merit: 16

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

event has ended, you have to wait for the next event to make sure that both of these coins will rise again
like a basketball, the price will bounce to seek mutual benefit

NikitaSkublov0202

full member

Activity: 126

Merit: 100

I think, you should keep both and wait. It's a temporary decline, which is more the result of random events than a trend

Baimovic

full member

Activity: 1210

Merit: 100

I see that XRP is better than TRX, so I think you should keep it in XRP, because XRP has good development in the future. and you go from TRX to another altcoin. probably a pretty good ignis.

keyboard warrior

sr. member

Activity: 266

Merit: 251

Quote from: PsylockReborn on January 08, 2018, 07:38:17 PM

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening?

Buying any coin is a gamble. There is no guarantee it will keep going up in value forever. They all rise and fall in price and nobody knows which way they will go in the future.

Topic: What's happening to XRP and TRX now? - page 2. (Read 631 times)