XRP - Buy in or Bail out? - page 2. | Bitcointalksearch.org

longyenthanh

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Quote from: romiofficial on January 07, 2021, 11:46:55 AM

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?

XRP's future is bright in light of the current spin since it left the SEC. but don't be too excited because the most token holder is still the CEO until now

Until now? Developers can create any amount of XRP at any time. Regardless of how the SEC case ends, this project will never be a safe investment.
If someone likes risk, he can play in daytrading and pray that developers don't come up with an idea and create 100x more coins one day.

Spaffin

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Quote from: Wawa2013 on January 29, 2021, 09:02:02 PM

I chose to avoid investing in XRP right now, because if the SEC problem was not resolved it would be too risky to buy XRP now. Although XRP is
an old coin with a good reputation and is also very cheap for XRP, it is actually a good opportunity to buy XRP. But I'm not a risk taker, so buying
XRP now is like gambling in my opinion. Never knowing, XRP will lose in court and become a scam, or even XRP could prove its innocence and
its price could go up dramatically. It is too risky to buy XRP, but it depends on your decision.

If we analyze all the events that have happened with this project so far, then I do not see any prerequisites for the large-scale growth of Ripple. In addition, many factors raise concerns about the future investment prospects that people have already invested in this project. Therefore, all the fears and indignation of previous users who left comments are fully justified.

wxxyrqa

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Quote from: doomloop on January 28, 2021, 08:26:37 AM

Quote from: marcbitcoins on January 25, 2021, 06:57:23 AM

I believe that XRP will still hold back even during the lawsuit, we should not forget that most of XRP trading is done outside US, therefore whatever the SEC says only effects XRP for United States users but not the whole world users in general. There is just a dark cloud hanging above XRP while this lawsuit is active but I strongly believe it will survive.

Most "trading" is outside of USA but most work Ripple does is still inside USA which means Ripple would be screwed if SEC decides to close shop on them and tell them that what they are doing is illegal. If that happens the company Ripple will be closed, and when the company XRP is tied to closes, that means price will be bad as well.

I am not saying they are connected, even without Ripple company we could have XRP trading all over the world, but that means all exchanges that work within USA will delist XRP, and all others foreign ones who wants to see good to USA will also delist XRP as well, which means XRP will be listed in limited places, and that would mean less and less people trading because who would want to trade in some other exchange just for XRP? A very few people. Hence I think it is obvious that XRP can't go unscathered if SEC decides something bad.

I have never supported the ripple, in the current situation around the company I am very much interested, since these events regarding the sec claim may ultimately have a very strong impact on the cryptocurrency market. I would like to understand what kind of influence the SEC has on other countries, because, for example, Japan strongly supports Ripley and this in any case raises the company's authority in the world.

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Quote from: Zemomtum on January 29, 2021, 06:59:28 PM

With the current situation of lawsuit, investing in XRP might be a great risk until the direction of outcome looks positive on their side. I think it will be good to stay away for time being for now

It is very important that it is very risky to buy xrp until everything is completely resolved. The desire to make a small profit quickly can lead to large losses. But buyers who are not interested in educating themselves and prefer to buy Fomo.

They could endanger a much larger type. Because xrp's pump and dump show is already on the market, you can guess from there how risky it is to buy these coins now.

sana54210

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Quote from: lepbagong on January 29, 2021, 04:55:54 AM

I always have to be optimistic because I think the XRP problem has been for the umpteenth time and it doesn't really have an impact because the market cap is still good even though the increase doesn't produce anything good for some holders. what you say to hold back first is also a solution but there is no need to worry too much about XRP, I feel he is able to solve everything well and investors will definitely remain loyal to XRP.

Be careful if that is your last decision. I can't change anyone else's decision, after all when you tell someone "do not buy" the worst thing that could happen would be that person missing out on profit but their money is still their money and their life is unchanged, whereas when you tell someone to "buy" that means if the price falls after they buy they would lose money and their life would change accordingly. That is why I am not on the side of saying buy to something that is getting investigated and there is cases about them, it is risky to say that and people may lose money from it so I try to stay away as much as I can and warn others too.

However if you insist on keeping your XRP that means you made your decision, which is why I would say that best case scenario for you would be being careful, have stop loss in place in case it drops more than you are comfortable with.

Wawa2013

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I chose to avoid investing in XRP right now, because if the SEC problem was not resolved it would be too risky to buy XRP now. Although XRP is
an old coin with a good reputation and is also very cheap for XRP, it is actually a good opportunity to buy XRP. But I'm not a risk taker, so buying
XRP now is like gambling in my opinion. Never knowing, XRP will lose in court and become a scam, or even XRP could prove its innocence and
its price could go up dramatically. It is too risky to buy XRP, but it depends on your decision.

Zemomtum

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With the current situation of lawsuit, investing in XRP might be a great risk until the direction of outcome looks positive on their side. I think it will be good to stay away for time being for now

maldini

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I figure we should stand by a piece before continue putting resources into Ripple since it's not the finish of this resource. Truly, it has just lost practically 70% of the cost since November however I have an expectation XRP will get higher later on as he doing the most recent days. We can pick the other low or excessive cost of the coin, and we don't need to pick XRP on the off chance that we actually question the undertaking.

lepbagong

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Quote from: sgenuine on January 29, 2021, 04:14:34 AM

Better to leave the idea of investing in Ripple until better times. Problems with the court severely damaged the company's reputation. Now, even if the project succeeds in rehabilitating itself, people will already doubt its reliability. In general, we need to wait for an official decision on the XPR case.

I always have to be optimistic because I think the XRP problem has been for the umpteenth time and it doesn't really have an impact because the market cap is still good even though the increase doesn't produce anything good for some holders. what you say to hold back first is also a solution but there is no need to worry too much about XRP, I feel he is able to solve everything well and investors will definitely remain loyal to XRP.

sgenuine

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Better to leave the idea of investing in Ripple until better times. Problems with the court severely damaged the company's reputation. Now, even if the project succeeds in rehabilitating itself, people will already doubt its reliability. In general, we need to wait for an official decision on the XPR case.

monatana

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hmm, it's still worth stocking xrp in my opinion because xrp has been around for a long time, it's impossible to just leave the community

bennypagulayan

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XRP has been a major coin in the altcoin market for many years. In my opinion, although the lawsuit against the SEC really causes great difficulties, the price of XRP will not collapse so simply. I suppose, everything will be fine. XRP is on a good threshold to buy large volumes at $ 0.2-0.25$ which is okey. Buy in and enrich in this Dip.

darewaller

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Quote from: shinratensei_ on January 26, 2021, 07:01:29 AM

Quote from: Bitum on January 25, 2021, 01:24:22 PM

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens

It's better for the people who have the intention to buy this coin to hold it.
The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.

Unfortunately what you said is actually a good thing to invest for some people. I do not get it neither but for some reason these people end up checking XRP and see that it is low right now and think that if they buy at the low price right now because of what is going on and when the situation is over I will make a huge profit if it goes up. They think it is discounted price to buy now and wait for 1-2 years and sell later. I do not agree with them and I feel like people are going to lose a lot of money from it, but I also do not believe that we are going to see it go to zero.

I think XRP will probably stay around these prices, 20-50 cents is where it should be for a very long time and just because it is on a lawsuit right now doesn't mean that it will skyrocket after it is done neither, so buying right now would not accomplish anything for anyone.

doomloop

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Quote from: marcbitcoins on January 25, 2021, 06:57:23 AM

I believe that XRP will still hold back even during the lawsuit, we should not forget that most of XRP trading is done outside US, therefore whatever the SEC says only effects XRP for United States users but not the whole world users in general. There is just a dark cloud hanging above XRP while this lawsuit is active but I strongly believe it will survive.

Most "trading" is outside of USA but most work Ripple does is still inside USA which means Ripple would be screwed if SEC decides to close shop on them and tell them that what they are doing is illegal. If that happens the company Ripple will be closed, and when the company XRP is tied to closes, that means price will be bad as well.

I am not saying they are connected, even without Ripple company we could have XRP trading all over the world, but that means all exchanges that work within USA will delist XRP, and all others foreign ones who wants to see good to USA will also delist XRP as well, which means XRP will be listed in limited places, and that would mean less and less people trading because who would want to trade in some other exchange just for XRP? A very few people. Hence I think it is obvious that XRP can't go unscathered if SEC decides something bad.

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Quote from: posi on January 26, 2021, 08:13:18 AM

I don't think it reasonable to advise people to investment in XRP when they have a legal problem with US SEC and reply make me think you don't understand the gravity of the rules and regulations broke by the ripple company though the judge will impose a penalty, in the end, it will be a maximum amount of penalty which mean XRP maybe ask to pay $2.6 billion that's if the judge is fair with the company.

2.6 Billion will be almost 18% of the totality of XRP capitalization right ? and that will bring a really Big damage to the company .

I don't think this can be settled this soon so If people wanted to hold this then surely they will be needing another years and more for that .

But you are correct it is not advisable to invest when we can divert to other moving coin that will give us profit in the fastest time.

LordShanken

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Quote from: TradeCrypto on January 27, 2021, 07:36:03 AM

Quote from: LordShanken on January 07, 2021, 04:24:04 PM

Quote from: romiofficial on January 07, 2021, 11:46:55 AM

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?

Let's start with the fact that XRP should not be called a cryptocurrency because it is a centralized coin. This means that its developers can create any number of them at any time.
Ask yourself whether you want to invest in such a risky coin.
As for me, I'll always stay away from XRP.

Yes exactly i never traded XRP till date because as you said its not holding any true value of Decentrelised network . Nothing is transparent this coin created speculation by giving newses and pumping xrp . I neither believed on this nor in future

We should repeat this every time we can. The idea of this project is completely against the ideology of cryptocurrencies. In my opinion, this coin should not be listed on Coinmarketcap among cryptocurrencies at all.
However, I think its end is near. This is confirmed by the increasing number of exchanges, which removes it from the tradable coins list. I think XRP will die in natural way. Stay away from XRP if you don't want lose money.

TradeCrypto

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Quote from: LordShanken on January 07, 2021, 04:24:04 PM

Quote from: romiofficial on January 07, 2021, 11:46:55 AM

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?

Let's start with the fact that XRP should not be called a cryptocurrency because it is a centralized coin. This means that its developers can create any number of them at any time.
Ask yourself whether you want to invest in such a risky coin.
As for me, I'll always stay away from XRP.

Yes exactly i never traded XRP till date because as you said its not holding any true value of Decentrelised network . Nothing is transparent this coin created speculation by giving newses and pumping xrp . I neither believed on this nor in future

LordShanken

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Quote from: shinratensei_ on January 26, 2021, 07:01:29 AM

Quote from: Bitum on January 25, 2021, 01:24:22 PM

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens

It's better for the people who have the intention to buy this coin to hold it.
The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.

If you think the trial will take a year or two, it is not good advice that those who want to invest in it keep it that long.
If someone believes that XRP will win the lawsuit in such a long period, in my opinion he should resell it now and try to buy it back much cheaper in a few or a dozen months.
Anyway, I personally believe that this is the end of XRP, but everyone should decide what to do with it by himself.

posi

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Quote from: shinratensei_ on January 26, 2021, 07:01:29 AM

Quote from: Bitum on January 25, 2021, 01:24:22 PM

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens

It's better for the people who have the intention to buy this coin to hold it.

I don't think it reasonable to advise people to investment in XRP when they have a legal problem with US SEC and reply make me think you don't understand the gravity of the rules and regulations broke by the ripple company though the judge will impose a penalty, in the end, it will be a maximum amount of penalty which mean XRP maybe ask to pay $2.6 billion that's if the judge is fair with the company.

Quote from: shinratensei_ on January 26, 2021, 07:01:29 AM

The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.

Newbies will be lost with your response going front and back. However, if it happens that the company succeded people won't miss the chance to buy low cause the crypto market will be in blood bath season when the XRP lawsuit is fixed but buying now it not good.
Note: I don't support invest in the coin even when it has no legal issue.

shinratensei_

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Quote from: Bitum on January 25, 2021, 01:24:22 PM

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens

It's better for the people who have the intention to buy this coin to hold it.
The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.

Topic: XRP - Buy in or Bail out? - page 2. (Read 1108 times)