XRP potential? - page 4. | Bitcointalksearch.org

samuraijin

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Quote from: Jancuki on August 24, 2022, 11:58:30 AM

Initially I saved as much as 3000 xrp and plan to save it in the long term. However, since the dispute with the SEC is still ongoing, I began to think again, and at the end of last year I sold 70% of it. I myself actually still feel confident about the prospects for xrp in the future. However, since I prioritized risk, in the end I chose to sell some of it because I felt it was already quite profitable, and the rest I planned to keep for a long time.

Actually there are many altcoins that have good potential for long-term investment, For example BNB, ETH, MATIC, XVG, and many more, but instead you choose and have a stand to maintain your belief, against XRP coins which have a very large supply, and almost no there are significant movements in all global markets, don't force your beliefs on the unclear, and in the end you will lose so much money later on, this is just an opinion, back to your stance as a trader..

nicolas1979

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

Ripple is also a good coin, and many investors invest in the coin. But unfortunately, today's crypto users are sometimes very anti-centralized. A centralized system is a system that developers can tinker with. Crypto is currently maintaining a decentralized system, which allows investors to be more secure from manipulating the amount of supply.
Talking about the price will increase 500x by 2030, it is only a hope. However Ripple is not a new coin, in fact Ripple is older than Ethereum. Unfortunately, too, Ripple lags far behind Ethereum.

Jancuki

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Initially I saved as much as 3000 xrp and plan to save it in the long term. However, since the dispute with the SEC is still ongoing, I began to think again, and at the end of last year I sold 70% of it. I myself actually still feel confident about the prospects for xrp in the future. However, since I prioritized risk, in the end I chose to sell some of it because I felt it was already quite profitable, and the rest I planned to keep for a long time.

bocyaj

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XRP is the good potential coin as compared to many of scam altcoin in the market.People not do investigation for the new coins,before investing their money.It’s essential one to get deep investigation before investments.Since OP looking for XRP to hold till 2024,it will be the good decision for him.XRP is the good coin for the long run,three year of holding is the good opinion.The price of XRP will slightly increase for long run.

cloudfir3e

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In my opinion XRP is a less attractive crypto asset to choose from. because the utility of the XRP coin is also very minimal, even for purposes in the network though. therefore, the XRP coin is highly volatile.

for long-term investment purposes, XRP can be said to be not prospective. it would be better for traders to sell this coin in bulk when XRP experiences a significant price increase because price stability will be quite difficult to maintain.

so as long as the role of XRP in the future is still very limited, then XRP is not worth investing in. however, if for short-term trading purposes, XRP can certainly be an option.

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Honesty will go a long way!!

I assume your prediction is correct. First of all you need to acquire a lot of knowledge about the term investment you plan to invest in. Then you can understand all the coins which are the best to invest in. According to me you can invest on dot , matic, BNB, Bitcoin to get good profit.

tbct_mt2

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Quote from: tvplus006 on August 24, 2022, 08:22:58 AM

It's imprudent to invest in a coin that you don't know much about and make a purchase based only on the video you watched. If we talk specifically about XRP, then we need to take into account that the price can reach ATH only as a result of the positive end of the trial, the end date of which is not known.

Open the chart, check past cycles,
Open google and search for past fud against XRP.

XRP is very bad for people who are not patiently in waiting because that coin often accumulates very long time. During accumulation, most of impatient investors will exit.

I agreed that it is bad if anyone invests money into anything without due diligent research.

tvplus006

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

...I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030...

It's imprudent to invest in a coin that you don't know much about and make a purchase based only on the video you watched. If we talk specifically about XRP, then we need to take into account that the price can reach ATH only as a result of the positive end of the trial, the end date of which is not known.

electronicash

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DCA will be a great idea to accumulate your XRP bags and we are still in bear market, so it was a good buy for you. Even with SEC lawsuits that XRP is facing, we cannot deny the fact that there are still many xrp believers and xrp army that it can shoot to the moon when XRP wins the lawsuit and they surely will. Just keep those bags full until next bull run.

those believers are blinded by the idea of being a long term holder gives them the advantage. truth its not. in the last bull market, XRP didn't exceeds its ATH which was $3 in 2017. i use to have huge holding of xrp since i have been investing to it since its price was below $0.05.

just remember to sell when the price is at its peak. everybody dumps its xrp in bear. to many of its users, XRP is just meant for sending money like remittances.

yazher

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Since the price right now is currently bearish that was somehow a good move from your side but it won't gonna be easy to wait for the price to increase. You need to wait for a long time and hope you bought it with money you can afford to lose or you won't use it for the next months to come. In the current state of the crypto market, you need to be patient and not rush anything when you heard about some hype because it would not gonna make you a healthy investor rather you have all the chance to do your own research before taking your next move.

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XRP's goals differ from Bitcoin Ripple was built for speed and to have some of the lowest fees of any cryptocurrency These features allow banks ripple's key customers to move enormous quantities of money rapidly and cheaply Ripple may replace Swift the existing standard for international bank wires with sluggish speeds and expensive rates banks have been testing Ripple's Xrapid which uses XRP to transfer cash quickly ripple may also upset western union and moneygram it once bouhght a stake in money gram sending the stock price soaring. Because ripple might become an industry standard ripple has significant long term price potential predicting short term and long term prices is challenging.

Ivartheragnarson

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yeah . xrp was great few years ago. but now thinking about xrp is worthless i.m.o . by today more better solution than xrp out there. don't get stick with old worthless coins which has more than 50 billion supply. there is something called UTK which is trying to do same as XRP . just think and find new opportunities in crypto market. sticking with old shit will not lead you to financial freedom bro.

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

If you don't know too much about XRP then you shouldn't rush to invest in it, read XRP and SEC news. The lawsuit is said to be the main reason why XRP cannot go further and develop its coin according to the roadmap.
Nowadays we have a lot of potential coins with better returns than XRP, so I think you should do your research and make better options besides XRP.

TheUltraElite

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So anyway, I applied as a merit source :)

I can understand the sentiment of some of the older XRP holders because they like to remain in a status quo. While it is true that it is no doubt a "good" currency, the status of what good is defined by needs more critical thinking.

We have decentralised coins which is the heart of what bitcoin stands for. Then we have centralized coins of which XRP is a pioneer of, controlled in the similar way a bank works.

My advise to the OP is to learn about centralisation first and do some research on the same before investing. My opinion is not to look for potential but see long term profitable outcomes and freedom from control.

Jeger.Kiting

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If you want to invest long term why do you buy XRP, why not buy other Altcoins such as BNB, ETH or MATIC maybe from these three Altcoins the future potential is very good for long term investment, maybe this is just my opinion, but if you believe in investing Your long term with XRP deserves to be appreciated and you take actions with your own choices that are better than you following what people say. Hopefully what you have invested in XRP will benefit from what you want in the future.

maydna

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

I wonder why you prefer to invest in XRP over bitcoin because we know that bitcoin can provide greater returns than altcoins. But you have already bought XRP, plan to have 5000 XRP and want to hold it until 2024. So it's better you keep trying to buy XRP using DCA but don't forget bitcoin besides you invest in XRP.

Reaching $200 in 2030 sounds very attractive, but we don't know if it's going to happen or if it's just speculation. It's better that you don't hear such theories and stick to your plan if you believe XRP can go up in the long term.

rugrats

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Please take the time to read the lawsuits surrounding XRP and the SEC, and then decide whether or not you want to continue to invest in it. As far as I can tell, it is an old token and there is no more hype around it. If you invest in XRP, you are not going to be able to make good returns on your investment. We have better tokens there, don't throw all your money in XRP.

RussianEnglishTranslation

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

Right on. I sold my BTC and ETH for XRP and ICP and those are my two biggest bags. XRP is the new financial system and ICP is the new internet. Invest based on fundamentals and you will win long term.

wxa7115

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

In this day and age it is normal to educate ourselves based on what we read or watch on our own, however it is also important to contrast the opinions we listen to as it is incredibly easy for some guy to predict whatever they want on the Internet, but that does not mean that it will become true.

The ATH of XRP was reached 4 years ago and it was only close to 4 dollars, so it would need to do a 50X from its ATH and this is not possible, also during the previous 4 years XRP has lost a lot of ground against its previous competitors which were BTC and ETH, so I find it difficult to believe XRP will even grow at the same rate than those two coins which will make it to lose even more positions in the market cap ranking, so if I were you I will never hold XRP for the long term.

yurez

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Quote from: JamesDaniel90 on August 22, 2022, 12:34:44 PM

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

The lawsuit against Ripple was a major obstacle to price gains during the last bull market. A possible positive outcome of the lawsuit could push XRP's price up to $2. If Ripple's actions lead to partnerships with more financial institutions, that too could push the price up. A coin price of $200 seems out of reach to me.

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