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Topic: Why wouldn't you invest on ripple? - page 5. (Read 2236 times)

full member
Activity: 392
Merit: 105
Vena.Network
July 25, 2018, 02:15:17 PM
I love crypto - thats the reason I will not buy ripple Cheesy
Seriously, ripple is coin that supports banks and all this system when Bitcoin is against all this system. Also ripple is centralized. So I guess this is enough to buy Bitcoin, not ripple
member
Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
July 25, 2018, 02:10:23 PM
I can buy ripple for a short term trade but I won't buy ripple for a long term hold because ripple is a centralized platform and not a decentralized platform, the world is moving to decentralized economy.
full member
Activity: 448
Merit: 100
July 25, 2018, 02:09:30 PM
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 think investing into Ripple coins could be profitable in a long term holding. Ripple is a coin that supports banking system and it is also a decentralized coin which makes it poor in peoples use. That is why I would go with some other coins.
full member
Activity: 239
Merit: 100
July 25, 2018, 02:09:22 PM
The sheer centralization is the major red flag for ripple. Its investors can fiddle with it in any way they want and you may easily fall a victim of their manipulations.
member
Activity: 168
Merit: 10
July 25, 2018, 02:01:53 PM
And I'm investing in this crypt. Because I consider it to be one of the strongest on the market today. So, that all bravely, I advise you to pay attention to it Wink
newbie
Activity: 39
Merit: 0
July 25, 2018, 01:56:40 PM
Ripple is not a decentralized system. I think it's a risky project. The developer himself has full control over the coin, and the transaction can be reversed, I'm honestly better off going to the stock market than buying ripple.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
July 25, 2018, 01:35:23 PM
Ripple is one among the asset that has been into usage long back, but over the last year the growth of ripple was tremendous and it gave a hard competence to the ethereum in terms of market capital. Soon after the same the it made collaboration with more and more private companies and the growth continued. People doesn't intend to invest upon ripple, because it is termed to be under a centralized infrastructure which will be manipulated on their necessity.
full member
Activity: 476
Merit: 102
Kuvacash.com
July 25, 2018, 01:24:52 PM
Earlier I also didn't invest in Ripple due to the fact that it doesn't follows the one rule that makes cryptocurrencies useful and that is being decentralized. But after seeing the huge gains of Ripple last year I gave in and invested a small amount into it. If you cant beat them than join them basically.
member
Activity: 406
Merit: 36
July 25, 2018, 12:44:26 PM
You can buy ripple but its growth is limited due to its huge supply and you will not get a decent earnings from it in long term. It is like a fixed deposit and you get a return equivalent to a FD every year if you hold it.
Asides the huge supply, ripple is a centralized currency which gives room for price manipulations, monopoly and a high level of control by the team. It is not a bad idea to invest for the short term but I have never seen ripple as a currency to be held for the long term. I wonder what those who keep mentioning ripple as a good hold see in it or probably they have no slight understanding that it should not even be categorized as a cryptocurrency.
member
Activity: 188
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
July 25, 2018, 12:43:19 PM
The basis of the ripple is support for the bank. But bitcoin is a non-centralized platform and does not come with any management. So ripple is the opposite of BTC. If the BTC continues to develop, it should not invest in ripple.
legendary
Activity: 1526
Merit: 1001
July 25, 2018, 12:34:31 PM
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 even thought otherwise, that is because Ripple is currently one of the coins that has an aggressive movement. Ripple is now trying to work with governments and key government agencies. For me this is progress because not all coin in design such a case. Maybe your friends think that when Ripple cooperates with the government, the price of Ripple will be more stable, which might be a problem because of the current cryptocurrency characteristic, the price is always moving very fast.
member
Activity: 170
Merit: 10
July 25, 2018, 12:26:40 PM
I wouldn't invest into Ripple essentially in light of the fact that, I think there are better alternatives. For instance I would rather put resources into BTC or ETH, in light of the fact that thier development is more steady and higher than the Ripple one. Additionally ETH has more conceivable outcomes and ways you can utilize it.
jr. member
Activity: 168
Merit: 1
July 25, 2018, 12:20:19 PM
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.



what it says is wrong, ripple is a good coin, has fast technology, cheap shipping costs, already many banks are using ripple technology
member
Activity: 840
Merit: 40
July 25, 2018, 09:33:30 AM
You can buy ripple but its growth is limited due to its huge supply and you will not get a decent earnings from it in long term. It is like a fixed deposit and you get a return equivalent to a FD every year if you hold it.
newbie
Activity: 41
Merit: 0
July 25, 2018, 05:57:26 AM
I put resources into XRP. Contributing companions is straightforward. Numerous individuals think he is a digital money that has not been decentralized. It may not be exceptionally autonomous.
member
Activity: 462
Merit: 10
July 24, 2018, 08:26:33 AM
Ripple is a very good cryptocurrency, but its profit margin is really low compared to the new coin. As an investor, I am more willing to invest in a cryptocurrency that can be x1 in a short time!
full member
Activity: 274
Merit: 100
July 24, 2018, 08:24:17 AM
Why not, I am having some of ripple, I'm not putting a great hope on it but I am trying to have every each of perspective coins at least in small amount.
jr. member
Activity: 121
Merit: 5
Staker.network - POS Smart Contract ETH Token
July 23, 2018, 07:49:15 AM
It is the opposite of bitcoin it is centralized. Also i think that ripple is just made by hype.
jr. member
Activity: 140
Merit: 1
https://eloncity.io/
July 23, 2018, 03:38:30 AM
Ripple is a very good coin to invest on, just that its a centralized Crypto currency that has its blockchain and solving the issue banking industry are facing.
newbie
Activity: 56
Merit: 0
July 23, 2018, 03:35:21 AM
I don't like ripple I don't think the price of it will go up
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