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Topic: Why are people still buying XRP? - page 7. (Read 2603 times)

sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
January 22, 2021, 10:14:50 PM
People are only expecting them to be fined. That is something they can come back from. If you are an XRP believer then the cheap price is a great buying opportunity.
full member
Activity: 1190
Merit: 117
January 22, 2021, 10:09:08 PM
I don't think it's a good reason to buy XRP, because XRP has had so many problems. It's too risky to buy XRP, I prefer to buy other coins that are
safer. Maybe someone still buys XRP because they don't read the news and are not active in this forum, so he only saw price movements in
the market where XRP did not experience a significant price decline. Or maybe people who buy XRP are typical risk takers, so assume that in the end
XRP can solve the problem well. It is possible that the XRP price will be pumped. But that is very unlikely, because if anyone had a problem with
the SEC it would usually end up losing.
hero member
Activity: 2282
Merit: 505
January 22, 2021, 07:44:16 PM
Can I get good profit by buying XRP?
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.
I can and cant because this depends on your analyzation dude. Sometimes shorting ripple is quite profitable but it has the more risk compared when you are trading another coin.
When you are still on the profit and it's better to hodl or sell it but when you can't sure whether it will be going up or not and you must think the best decision for your money.
It's your money dude
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
January 22, 2021, 07:41:12 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Im not interested with XRP too, but in my opinion, people which still buy XRP its not investor, most of  them are traders. They see many opportunities that the price will recover soon. But XRP will end soon if many exchange start to delist it, its better to avoid XRP investment if you dont have any strategy on it.

traders who knows what theyre doing. scalping is common strategy to get short term profits. but they should be careful with xrp as it is like a vulnerable coin these days. better stay away from this coin if you dont know what strategy to exercise in this market.
maybe, there are also investors, who believe that xrp has still future. but that future right now is very hazy.
full member
Activity: 546
Merit: 105
January 22, 2021, 07:35:08 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

Im not interested with XRP too, but in my opinion, people which still buy XRP its not investor, most of  them are traders. They see many opportunities that the price will recover soon. But XRP will end soon if many exchange start to delist it, its better to avoid XRP investment if you dont have any strategy on it.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 22, 2021, 07:24:04 PM
Can I get good profit by buying XRP?
If you buy at a lower price and sell it more than you break-even, that's profit. But how do you define good? with its lawsuit, I don't think you can.
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.
Are you profit? sell.
full member
Activity: 910
Merit: 100
January 22, 2021, 07:08:46 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
XRP is a really big coin in the market, would be hard before it drops, but it’s already doing that and you can see that from how the position has dropped on coinmarketcap.com. It’s just with time people will dump them or maybe they wouldn’t, because for some people they just don’t care what’s happening, they are only interested to know whether it will grow or not, and once they see small increase they will start pouring more money into it.

I have seen so many coins that are bad, but still they kept growing and people never dumped them, because they are just looking for profit without caring what they are investing in what it looks like.

not just BIG Coin, Ripple does have good fundamentals, yes even though they are a lot of controversy and now under investigation by the SEC,
I believe Ripple will definitely win, they are not a scam altcoin, Ripple just doesn't have regulations on cryptocurrencies and thinks XRP is not a cryptocurrency,
I myself hold XRP, and I am sure many people still believe XRP will get past this problem and be ready for the altcoin season!
hero member
Activity: 2408
Merit: 584
January 22, 2021, 01:20:52 PM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?
XRP is a really big coin in the market, would be hard before it drops, but it’s already doing that and you can see that from how the position has dropped on coinmarketcap.com. It’s just with time people will dump them or maybe they wouldn’t, because for some people they just don’t care what’s happening, they are only interested to know whether it will grow or not, and once they see small increase they will start pouring more money into it.

I have seen so many coins that are bad, but still they kept growing and people never dumped them, because they are just looking for profit without caring what they are investing in what it looks like.
full member
Activity: 1708
Merit: 126
January 22, 2021, 12:24:38 PM
Possibly trying to convince themselves that Ripple Labs will turn these lawsuits around and be some sort of a fairy tale ending wherein everyone holding XRP will get handsome profits. Seriously, with all those exchanges delisting XRP on their indices, it’s unwise to really push your luck into trading these coins since you’re left out with platforms that are relatively new and unproven when it comes to reliability and integrity. Also you’ll be facing liquidity issues since a lot has already dropped their XRP due to the news. At this point, only the delusional will have faith in XRP, and that’s no exaggeration.

XRP couldn't even defend themselves against the lawsuit that they're facing so lots of investors are losing their trust for it. I have also sold my XRP holdings when I've heard about their issue and it was too alarming so I've decided to switch to potential altcoins that are worth buying.
People are still buying altcoins because they're taking advantage of the dip hoping that it could still survive and rise again in the future.
legendary
Activity: 2982
Merit: 1028
January 22, 2021, 12:06:36 PM
#99
It's their choice if they want to buy a XRP because maybe they see the potential of this coin because for me I see this coin as potential before the issue and even this coin have problems I still like this coin.  Buying XRP is still good because once the problem solve for sure the price will go up more and we will earn more money to this coin.

Those people are willing to take the gamble with fate.

If XRP solved this issue the value will skyrocket giving them the profits that they are aiming. If not, they are  willing to keep that and move forward, by the way, it's their decision as they own the money. Got your own option and you are free to pick side whether to also buy or stay away from this project.
full member
Activity: 2324
Merit: 175
January 22, 2021, 08:54:14 AM
#98
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

They've built their business for many years they will not go down like that, let's admit it, Ripple is centralized but they have a good concept as alternative payment and their cooperation and business partners are still supporting Ripple, the fate of Ripple could go either way and people are gambling or taking the risk because once this is over Ripple will skyrocket and those who bought when Ripple is going down will benefit a lot.
member
Activity: 116
Merit: 10
January 22, 2021, 08:25:02 AM
#97
Can I get good profit by buying XRP?
I have some XRP in my wallet.
Which I have held for a long time.
Seeking the cooperation of seniors.
sr. member
Activity: 1624
Merit: 267
January 22, 2021, 07:23:20 AM
#96
It's their choice if they want to buy a XRP because maybe they see the potential of this coin because for me I see this coin as potential before the issue and even this coin have problems I still like this coin.  Buying XRP is still good because once the problem solve for sure the price will go up more and we will earn more money to this coin.
hero member
Activity: 2282
Merit: 505
January 22, 2021, 06:45:06 AM
#95
According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
If the legal action that has been taken by SEC against ripple will be proven if it's true story and ripple could die anytime.
I hope that the news about XRP will come and we will get a small insight about the future of ripple. I guess that so many times people have been arguing about this but this can't be true until the court will release its statement.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
January 22, 2021, 05:21:26 AM
#94
One thing that I was just thinking about is, XRP is a pretty good coin in the long run, so, there's a lot of trust XRP has built in people. So, there are still quite a few people who still buy and believe in XRP. besides that, XPR is still one of the top altcoins.
Can't say good coin in the long run when it could go down or delisted from many exchanges like anytime. SEC making move and XRP reputation doomed. I'd say most of the people who still buying it are those who want quick profit while knowing fully that the coin might go down anytime but they still go for it anyway just because YOLO. Definitely won't recommend it for long term investment until all things resolved.
hero member
Activity: 2828
Merit: 611
January 22, 2021, 05:01:52 AM
#93
XRP is quite attractive to buyers and investors despite of not good information that came out. It is still one of the top altcoins and what I also liked in XRP is the fast and low transaction fee. Now that XRP has a lowest value many people grab this opportunity to buy more because I also think that XRP is good for a long term.
Quite frankly even as someone who hates XRP as much as possible, I wouldn't say that it was a bad one, it is definitely one of the best at moving money around, that is literally the reason why it was created and Ripple made tens of millions of dollars worth of profit from transacting money around for bigger companies using XRP as well because that is the point of it. However question here is the fact that there are people who use it for buying and holding it and trying to make money from it.

So buying it and holding it will not be using advantages of quick and cheap transactions, because you buy it and hold it and not move it, if you do not move it then how it is fast will not matter. And for buying and keeping it will never be profitable and will never be understandable by others because it is really not looking great anymore.
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
January 21, 2021, 12:23:12 PM
#92
One thing that I was just thinking about is, XRP is a pretty good coin in the long run, so, there's a lot of trust XRP has built in people. So, there are still quite a few people who still buy and believe in XRP. besides that, XPR is still one of the top altcoins.

how so good long term currency? all altcoins up to the most extreme shitcoin managed to have an increase of at least 3X since January last year until the moment thanks to the increase in bitcoin price. but XRP is still at $0.28. the normal would be to be in the  $3. this means that XRP is the worst investment anyone can make.

According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.

I don't like these guys who are making predictions, but as it comes to XRP they must be right
member
Activity: 490
Merit: 19
January 21, 2021, 12:14:44 PM
#91
According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
That's why its called forecast, if you have been following forecast platforms for a while you should have known that 90% of their predictions don't come to past, it's pretty much under maybe, I'd still risk holding my XRP bag, this isn't enough to change my mind and give up on such project
newbie
Activity: 14
Merit: 5
January 21, 2021, 12:03:24 PM
#90
According to the online forecasting service, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
January 21, 2021, 11:59:29 AM
#89
One thing that I was just thinking about is, XRP is a pretty good coin in the long run, so, there's a lot of trust XRP has built in people. So, there are still quite a few people who still buy and believe in XRP. besides that, XPR is still one of the top altcoins.
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