Why wouldn't you invest on ripple? - page 12.

defoman

jr. member

Activity: 448

Merit: 2

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

Many are skeptical about XRP, as it is a centralized cryptocurrency. But the main problem lies in the fact that it has virtually no application. The company is taking steps in this direction and everything can change in the future. So if this is the only project you want to bet on, then this is a mistake. But if you're building a balanced cryptocurrency portfolio, then XRP should be a must-have.

Pa1n

member

Activity: 294

Merit: 10

JOIN THE NEXT MEGATREND IN CRYPTO!

People hesitate with that opinion.Ripple is not too much strong or trustable coin.Some people like ripple and invest but generally ripple need more time .

leviathon

member

Activity: 392

Merit: 13

First think of what makes the blockchain technology relevant? Its the decentralization that makes it useful, without it one can just use SQL databases. And Ripple doesn't adheres to that decentralization rule and is controlled centrally. Most of its supply is also locked up and the coin is overpriced due to it.

Papilio

member

Activity: 316

Merit: 10

Ripple forecast for 2018 is a continuation of growth. According to the experts of the market, the value of Ripple next year will easily reach 6,0000 and 10,0000, and this is not the limit of growth!

cwil

sr. member

Activity: 285

Merit: 259

I would definitely invest in ripple like I already have. Ripple is promising and holds a great potential. It is, however, a currency to hold on for a long-term investment. A lot of investors has invested in this coin because of the promising project it has developed. Once the benefits of the project get known to the world, this coin's value will skyrocket. Do not go for the popular or hot coins but rather research and see how much potential an altcoin holds.

hasmukh_rawal

copper member

Activity: 490

Merit: 105

★777Coin.com★ Fun BTC Casino!

Just because of the simple fact that I don't like it Undecided

. I started my first investment with Ripple and ended up in a loss. Though it was not such a big loss, it was my first trading experience. I know somewhere the fault was mine because I sold it in a loss which I shouldn't had. Apart form that , XRP crossed $1 just once when the price of BTC went to moon of 19x times. After the rally was over , the prices slashed down and XRP came below $1 again. Since then it never crossed $1 again. The scope to get a good return from XRP is too less in my opinion.

seven2smoke1

full member

Activity: 532

Merit: 132

Quote from: gurumohan_crypto on June 03, 2018, 01:41:11 PM

In my opinion Ripple is risky coin to invest in cryptocurrency market, it’s owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.

Maybe it is risky because of the large supply, ripple had the largest supply in the market, but I think ripple is too strong altcoin, many people believe in it and recently I heard some good news from the founder of xrp, which it said that ripple will be supported by a lot of companies in the near future, so maybe it will increase but I don't think it will reach more than 10$ at the end of this year.

cryptorTUX

member

Activity: 238

Merit: 11

Quote from: gurumohan_crypto on June 03, 2018, 01:41:11 PM

In my opinion Ripple is risky coin to invest in cryptocurrency market, it’s owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.

Trust me mate this is not the number one issue and problem that we can have with ripple. A side from them owing a lot of coins the main issue in my mind comes as a result of their blockchain not being decentralized because their blockchain is centralized. Which reflects that we must trust the central authority on their blockchain. Why go for something like this? When you have bitcoin and many others out there where anybody can take part in mining or any other small game they have in order to validate the transactions. I don't know either why people seem to trust ripple much but we see that they do by it's price.

gurumohan_crypto

newbie

Activity: 20

Merit: 0

In my opinion Ripple is risky coin to invest in cryptocurrency market, it’s owning 70% and only 30% is funded by the crypto investors. Anytime company can manipulate.

Thaoni21

newbie

Activity: 143

Merit: 0

I think there are other altcoin to invest. It is up to each person to see what they accept for investment. I think ripple is good and worth investing.

Merdeop

jr. member

Activity: 152

Merit: 1

To be honest, ripple is a promising project. They have a lot of contracts with world banks. But I have not personally invested in their currency. If they want, they can bring down the price at any time. That's what happens to banks. Declare bankruptcy and all savings are lost.

Babyjamz3026

full member

Activity: 361

Merit: 101

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

Ripple is centralised coin, investing into this coin with small budget won't get you huge amount of money. Personally, Im trying to avoid this coin,although investors are believing in it and its still growing. There are more good coins on market.

zeze18

sr. member

Activity: 938

Merit: 256

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

I was a victim of ripple, i bought it at 4$ and the price right now is so scary.
Ripple is centralized cryptocurrency so the price is a bit hard to pump even it has a good future as we can see.
But i already brokenhearted for buying ripple at 4$ :"

l10no

full member

Activity: 518

Merit: 101

Ripple is a good coin, maybe in the next few years, the price will jump to 500% even 1000% of the current price, there's nothing wrong if we start investing in Ripple but for the long term

angelfaria

newbie

Activity: 280

Merit: 0

Before investing money we think about and utilizes market becsue of its price and on the basis of this if the coin have bad impression in the market then it will be affect to the investors because they know there is some problem and their value able money might be in thread so I would not invest here.

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

I never bought ripple, because everyone says that it is against crypto and blablaba

I am researching about it, and ripple has already good use cases. Santander bank is already using it for 50% of its international transactions, that's huge.
https://oracletimes.com/santander-bank-uses-ripple-xrp-for-50-of-international-transfers/

I am going to buy some soon.

Fenderr

jr. member

Activity: 293

Merit: 4

Ripple is technically centralized which is against the tenets of decentralization in this space. It is currently artificial and its value is driven by Ripple Lab news, so that begs the question, what is the real value of xrp? To avooid being emotionally attached to any coin, some people just trade it for the money not for the fundamentals

cryptothreads

hero member

Activity: 1274

Merit: 500

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

In terms of technology, ripple is one of the technologies being used so much in life. Especially the banking system is starting to use this technology because of its high liquidity and very fast processing speed but in Cryptocurrency I will not choose this coin to invest because the potential of the ripple is still not available. And I have not seen the community strength of XRP coins

Triopeloda

member

Activity: 126

Merit: 10

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

In my opinion, ripple are a good digital money for the long term and many of the investors that support it. Every investor has his own way of understanding and motive. Every investor has a unique strategy to invest in the market. Cryptocurrency is no different from that. So here who will invest in what the investor's personal choice?

Fortified

copper member

Activity: 350

Merit: 1

Quote from: concient on June 01, 2018, 07:27:21 AM

Hello there,

I am new at this topics, many of my friends said that ripple is the worst cryptocurrency,
because don't represent the spirit of a cryptocurrency has to be.

May be someone can bring me more reasonable argument about why i wouldn't invest on ripple or in other hand, invest on it.

please, all the help will be appreciate because i want really learn all about crypto.

Ripple was not bringing the essence of cryptocurrency since this coin was designed for bank payments which is a centralized monitored fund by government, but because of several country was legalizing crypto, I think this will align to the concept of this coin, and maybe this will become famous someday .

Topic: Why wouldn't you invest on ripple? - page 12. (Read 2236 times)