Topic: XRP - Buy in or Bail out? - page 4. (Read 1083 times)

Once the SEC filed a lawsuit all the gains in the market vanished, you could have sold when the market rallied but i guess you were expecting the price to reach a dollar as there were many speculations in the social media about a rally could reach those levels and in the mean time the developers and founders sold millions of dollars worth of coins.

I did invest in XRP in the past but not anymore, i usually use this to gamble because of the leverage you get with a coin with small valuation and not as a store of value expecting a huge profit.

It's too risky to buy XRP right now. With an ever-growing number of exchanges de-listing XRP, prices will go lower on the market than all the other way around. Who knows if this is the end for Ripple's centralized digital asset? If the company manages to comply with SEC regulations, the XRP asset is going to have a hard time recovering back to its original position. There are far better options out there on the market that are decentralized and censorship-resistant. Stellar is the decentralized version of XRP, with no censorship or manipulation. It's a better long-term investment than XRP since the community supports it every step of the way.

Nonetheless, the decision of buying or selling will ultimately lie in yourself. After all, it's your money. Crypto is extremely risky because of the uncertainty surrounding it. You can either become poor or rich in a blink of an eye. XRP has a higher risk than other cryptocurrencies on the market because of its utterly-centralized design. No one knows what will happen after the SEC lawsuit. Either XRP survives or goes all the way down the drain. You'll get lucky if XRP bounces back to its original price range. It'll be interesting to see how everything unfolds for Ripple (the company) as the US government enforces new crypto regulations on the industry. If regulations are fierce, I doubt the XRP asset will survive for the foreseeable future. Just my opinion

if in my opinion it is better to drop the xrp and switch to another coin like ethereum. this is a form of securing assets, because if later xrp proves to have progress you can try to return to xrp. isn't it a smart idea right?

yeah i heard if a big exchange such as kraken delists this coin
and thats will not good for xrp, seems i will stay away from this coin now

SEC issue is really tough to convince more people to invest for now, specualtions and with how the market for this project are moving, it's better to choose other project to place your money.

If you have coins inside your wallet either to decide now or just keep it and take the risk sparing the money to unsure future, hope for luck that the team may able to surpass this problem and bring another good day for this project.

If you can keep yourself away for now best to consume your time finding other alternative coin
or chase bitcoin and Eth both are good for short and long position.

Given the SEC's recent action against Ripple, I wouldn't even consider buying XRP right now. Not only will there likely be a lot of volatility, there's also the issue of regulatory risk. The bullish reaction following the nomination of Michael Barr, a former member of Ripple's advisory board, as head of the OCC, has been short-lived. Ripple has seen a significant decline in its price in the last few months.
Right now I think I'd rather invest in Ethereum or even Bitcoin.

Speaking as a small owner here and I don't even mind saying I would never buy more now. It's still thankfully close to where I entered which is a lot more than what I could say last year, but I'm not buying anymore now for sure. Will definitely sell for profit, maybe to cover back what I invested, but this is make no mistake, a pure speculative investment for me. All the current events now actually strengthen that claim.

No, I won't go to jail with XRP.  at least in a sensitive and chaotic state when the upcoming lawsuit is very tense.  The result will also create a big split and skepticism in the market sentiment.  Anyway, XRP is something to look forward to.

Don't go taking unnecessary risk, everyone is aware of the xrp present situation with the law, it is enough reason to stay away for some time until it get resolved, if you refuse to recognize the warnings of many members here and still buy xrp and you got stuck in it don't come crying, there are other good projects you can invest on, it doesn't have to be xrp only.

so much exchanges have decided to drop xrp trading, i would not touch with a dime

I suggest you not to use too big money to buy XRP until you know the truth about XRP. Many investors are still waiting for the next news from XRP teams and maybe they still have that coin and buy more amount. Some people buy XRP just to hope this coin can increase back after it gets down too deep in a few days ago. I guess that we will know what will happen to XRP, and if XRP does not have a chance to survive and increase back, XRP will go down and the investor will leave it.

I'll wait a little longer, putting a bit at the $ 0.25 buy mark.  Follow-up to the hearing at 26.1 with the publication of the SEC later.  That is a DIP to go up strongly with XRP.  This time around, there should be no rush to get into XRP, it is important to look closely for sensitivity at this time.
Garlinghouse - - It will create, the pointer for this.

You can't make money without risking things. I wouldn't even consider buying XRP right now, I never owned any and I do not want to have it anymore neither and probably will never have it. However one thing is for sure, right now they are in a bad situation and that means we are going to see a lot more risk going into XRP as well. That means if we are going to end up with this type of situation, price will always be low and stay low.

HOWEVER one thing is reward promising, if Ripple handles this and comes out without any scar, that means they are going to be increasing the price and going in now with the hopes that Ripple will be fine? That is going to be fine and that is going to be the most awesome thing because you are going to be winning. Sure there is a situation where XRP can just stay like this, but if it does get out, you are going to earn a lot.

In fact, I tried to go against the flow of many of my colleagues about xrp, I actually tried to buy and have done even though what you say might happen, I try to make sure what I have done, hopefully nothing happens.


xrp has experienced it repeatedly, it seems like there is no change made by management to change immediately so that xrp development can run. although many do not like it but I try a little of the possibility that is luck. Maybe there are more people who sell management to make wise steps and can change, that's my hope who bought it.

so did you keep it still cause I sold most of them

It's pumping and still active but it's hard to trust it anymore since we have all found out that it's a centralized coin. Anything could happen and the price could be manipulated easily so it would be a big risk. Their reputation isn't clean anymore so I would prefer to invest with potential and reputable decentralized coins.

It has been known for a very long time that ripple whales are holding a significant amount of the supply and that they can crash the market any moment they want, the only reason they have not done so is because people have lost faith in ripple and even during this incredible bull market that we are experimenting ripple has not wrong at all so they didn't had the chance to drop their coins on unsuspecting users.

And now that the SEC is investigating them then I really think that ripple is in big trouble, I do not really see this coin recovering because one of the most important aspects of any coin regardless of the technology behind it is the trust that people have in it and ripple has betrayed that trust.

bullish trend? its a fake pump, just wait in the few days because exchanges will halt its trading US customers will dump their holdings.

Yeah, we need to be careful with XRP investments and predict all the risks we can be affected by after XRP purchasing now. I know the Ripple crew doing their best to resolve current issues but the future of XRP is still uncertain. A lot of platforms have already delisted this asset from the list. I would rather use some advice I've found on this topic and pay my attention to other coins.

I myself prefer not to be in XRP, because we know XRP is not convincing, if I myself will choose a strong coin or token in the market and there are no problems whatsoever.