XRP - yes or no? - page 20. | Bitcointalksearch.org

tvplus006

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Quote from: lalabotax on February 07, 2023, 05:10:47 PM

XRP is one of the old cryptocurrencies with quite a good market cap. We know that XRP had a bad experience and problem with SEC at that time but they were able to solve it and get their trust again...

That's the problem, that the problem is not solved. We should wait for the judge to make a decision and, depending on whose favor it will be, we will be able to predict the future price of XRP. And if this decision is not in favor of Ripple, then our coins may turn into another trash in the wallet.

lalabotax

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Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well. .......
Are you for or against XRP?

XRP is one of the old cryptocurrencies with quite a good market cap. We know that XRP had a bad experience and problem with SEC at that time but they were able to solve it and get their trust again. Although their price seems not rising up that well like other altcoins, at least, they still survive during the previous era. But once more, we may not really know if they are able to rise up and pass the previous ATH again or not because it failed to do in the previous bullish era. I personally still had some XRP from the previous period, but for this season, I think I am not going to add my XRP balance, better to add my Bitcoin.

Silberman

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Quote from: ?? on ??

For me, XRP is definitely not an option. It had one major pump in its history, and then it never was even close to that. And I see how YouTubers and Twitter influencers are promoting it and saying that it will hit $589 or something like that in months, but it still hasn't happened. That's another reason why I don't trust it.

That is a crazy number, that comment alone should be more than enough to never listen to anything that youtuber or influencer said ever again, I wont even bother to go through the trouble to calculate how high the market cap of Ripple will be at that point as there is no point, anyone that thinks this is possible is never going to listen to those arguments as it is obvious their beliefs are not based on anything factual or otherwise they will know Ripple cannot ever reach that price.

yazher

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Quote from: DeathAngel on February 03, 2023, 10:59:00 AM

I think it’s a good idea to risk a small % of your available capital yes. The case against the SEC caused a lot of FUD so most people have steered away from XRP. The fundamentals are the same though, it is a good investment with good utility. It has the potential to bring massive profits. For this reason I would be happy to buy now & wait, in the hope that XRP wins the court case & goes on a big run.

I remember how it goes when they first face the SEC thing and the price of XRP was sinking back then but fortunately for the investors, the price recovered and it did not totally fall to the point it was almost not worth anything anymore. Now the opportunity has come once again because the price is still low which means it's an opportunity to invest in it. But this not makes you think you will gonna pour every ounce of your crypto wealth here because anything can turn against you when they lose the case against the SEC.

Coin Gorilla

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I feel like XRP has been on the back foot for a couple of years now, and other than pumping it for the sake of profit, I don't think it will gain that much even if they iron out everything.

fzkto

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Quote from: Tony116 on February 04, 2023, 09:00:27 AM

Quote from: fzkto on February 04, 2023, 05:28:39 AM

Quote from: traderethereum on February 04, 2023, 04:46:27 AM

I think @OP is confused about whether to invest in XRP or choose other coins after he read our suggestions Grin

Maybe I can only give advice to buy XRP with the money you can afford because we don't know whether XRP will have a chance to increase again or if investors will abandon it.
If you were willing to spend $50 to invest in XRP, that would be fine too but to increase its price by 15x or more over the current price would be tough for XRP.
If you can accept the risks after buying XRP, you can buy it right away but if not, you better wait to see how it goes.

I think that since Ripple has been in the top 10 coinmarketcap for so long, despite the problems with the SEC, when this bad history is over, XRP will definitely grow. Especially since they are promising to introduce smart contracts this year. It seems to me that if you have free money, you can invest in XRP.

But what will happen to XRP if the end result of the lawsuit is that the SEC wins? XRP investors will suffer a huge loss. Investing in XRP can bring big profits later on, but it can also cause you serious losses, while if you need to find a potential altcoin like XRP that can offer similar returns, even better and with less risk, then you should think of BNB or ETH. I will invest in BNB or ETH instead of XRP, I have no confidence in XRP's victory with the SEC.

Investors in XRP have already suffered huge losses, as have investors in other cryptocurrencies. Cheesy

Even if XRP loses the court, they will have to pay a fine or something. Because it's impossible to compel delisting from cryptocurrency exchanges by the SEC, or rather only possible in one jurisdiction. There is another point that if the SEC wins the court, they can have exactly the same issues with ETH, for example, or other cryptocurrencies.

CapGelatik

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It's hard to say no to XRP, I know that in 2021-2023 XRP hasn't shown any bullish signs at all, when compared to 2018 which reached more than $ 3,
in 2021 XRP was unable to reach new ATH and even became the top 10 best altcoins that have poor performance in 2020 to 2021 bull market,
but I believe there will be a time when XRP rages again and reaches new ATH.

Abiky

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Quote from: dothebeats on February 03, 2023, 02:27:16 PM

I only use XRP to transfer funds due to its cheap transaction fees and its fast confirmation times. I haven't really thought about buying XRP for investment purposes, as it's a centralized coin controlled by a company and every aspect of its development is highly influenced by those within the company. Ripple Labs doesn't really listen to a lot of suggestions from its community, and that's scary because the community is the one responsible for posting value to the said coin.

I don't get why some people take XRP as a serious investment, especially when it's a centralized coin. Trusting XRP would be no different than trusting banks. I get that money transfers are dirt-cheap and fast, but it's not worth it when you could lose everything in an instant. Instead of XRP, why not consider Stellar (XLM)? It's basically the same design as XRP, except that the community is the one in-charge of the project. No company controls a large portion of the token's supply unlike XRP.

Still, XLM is not as popular as other cryptocurrencies such as ETH, BTC, and DOGE. These last ones are much more decentralized and censorship-resistant. Ultimately, the market will decide which coins stay afloat and which ones will fade into oblivion. As long as there's healthy competition in the crypto/Blockchain industry, nothing else matters. Just my opinion

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Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

It's a billions market cap so it may not perform that much but yes it will be a huge catalyst for them if somehow this lawsuit is won. XRP hasn't experience the real bull run considering they got this case from SEC but that doesn't mean they'll never do. Doing a 15x increase for XRP is likely an exaggerated thing but likely not impossible at all if bull run comes again and money pours into crypto again.

Xal0lex

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Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

Are you for or against XRP?

For a long-term hold, unequivocally NO. For a medium- or short-term hold, unequivocally YES. XRP has always left a dual feeling when investing. On the one hand the project is a blue chip and is one of the top 10 cryptocurrencies by capitalization, on the other hand it has not updated its ATH for 5 years and there are constantly some lawsuits and SEC prosecutions around it. At the same time, it has good fundamentals and the coin clearly does not look like a scam.

darewaller

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Quote from: ultrloa on February 04, 2023, 05:53:33 AM

For now xrp is good since this is fast and cheaper option if you want to escape the huge fee of bitcoin also with other alts. But if you are looking forward to invest on this coin then better take some extra precaution and always follow the news to avoid unwanted incident then follow what good updates happening on xrp ecosystem. SEC issue for now is not a big deal for other investors but we still need to aware of everything about it.

Fees in Bitcoin aren't high as before but its speed is still the same. It's not that snappy enough like the XRP, XRP may win on this matter but in terms of long-term investing, Bitcoin will always remain to be the winner. SEC issue is actually a big deal because if the decision of the court is against the XRP, XRP may get delisted but if they win the case their value might improve.

There might still be people who will take a risk and invest on XRP but they will only follow the advice that you gave there which is to monitor the news so that they can decide early if they will sell their XRP to avoid a bigger loss and possibly take some profits or continue hodling and buying because they are winning the case.

Adbitco

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Even if someone have to venture into XRP shouldn't look at it as an investment that will yield something meaningful at this point, rather a fund that you are not in a haste to use, as it may be things might turn out for their victory and with that Joy may propel the project to gain back their feets and start doing fine. One funny thing about cryptocurrency, that will now be the next wave of investment everyone will be wanting to dive into. Just as a trial, buy with what you think is okay for you to risk than just putting all your resources into it. However, you have to be up and doing with the case at hand to be regularly updated on the latest happening around them.

tvplus006

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Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

...Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Have you thought that the court's decision in the SEC case against Ripple may be the opposite of your expectations, or are you so sure that the judge will rule in favor of Ripple. That is, you are now just playing in a casino and your chance of winning is estimated as 50/50. It may be worth investing in more reliable coins, until their price is too high.

TheUltraElite

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So anyway, I applied as a merit source :)

Ripple is centralized with an unlimited supply, it is good if you are only interested in the moneytary aspects of it but bitcoin carries with it the sense of deflationary decentralization and hence the community here is biased about it. You will get a biased answer from this forum but on the global scale you could do a survey and might be a different result.

For me, the goal is to make money from trading besides the use of bitcoin, so I am not investing or supporting Ripple but I do hope its current users will see gains in future depending on how they use it. These financial companies always settle with the regulatory bodies over a few years and come to a middle ground so I dont think its users should worry about that much.

Tony116

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Quote from: fzkto on February 04, 2023, 05:28:39 AM

Quote from: traderethereum on February 04, 2023, 04:46:27 AM

I think @OP is confused about whether to invest in XRP or choose other coins after he read our suggestions Grin

Maybe I can only give advice to buy XRP with the money you can afford because we don't know whether XRP will have a chance to increase again or if investors will abandon it.
If you were willing to spend $50 to invest in XRP, that would be fine too but to increase its price by 15x or more over the current price would be tough for XRP.
If you can accept the risks after buying XRP, you can buy it right away but if not, you better wait to see how it goes.

I think that since Ripple has been in the top 10 coinmarketcap for so long, despite the problems with the SEC, when this bad history is over, XRP will definitely grow. Especially since they are promising to introduce smart contracts this year. It seems to me that if you have free money, you can invest in XRP.

But what will happen to XRP if the end result of the lawsuit is that the SEC wins? XRP investors will suffer a huge loss. Investing in XRP can bring big profits later on, but it can also cause you serious losses, while if you need to find a potential altcoin like XRP that can offer similar returns, even better and with less risk, then you should think of BNB or ETH. I will invest in BNB or ETH instead of XRP, I have no confidence in XRP's victory with the SEC.

bangjoe

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Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

I also really look forward to this case ending soon and being won by the XRP development team to continue the project, I don't know what will happen if XRP actually wins it might be a very significant price spike, I feel that this case is too long and drawn out -late until today, I will continue to support my XRP, because I am also an XRP holder and I invest in XRP respectively. I'm sure the XRP team can win this case and it will be resolved soon without any losses.

Blue_oxen

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Quote from: ultrloa on February 04, 2023, 05:53:33 AM

Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

For now xrp is good since this is fast and cheaper option if you want to escape the huge fee of bitcoin also with other alts. But if you are looking forward to invest on this coin then better take some extra precaution and always follow the news to avoid unwanted incident then follow what good updates happening on xrp ecosystem. SEC issue for now is not a big deal for other investors but we still need to aware of everything about it.

Hey there! If you're thinking of using XRP as your go-to crypto, you're making a wise choice! This baby is lightning fast and super cheap compared to other big players like Bitcoin. But listen, if you're planning on investing in XRP, you gotta stay on your toes, okay? Keep an eye on the news, stay informed about what's going on in the XRP world. And yeah, there's this whole SEC thing going on right now, but don't freak out, it's not a big deal for most folks. Just be aware, alright? Cool.

ultrloa

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Quote from: JamesDaniel90 on February 03, 2023, 03:01:47 AM

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

For now xrp is good since this is fast and cheaper option if you want to escape the huge fee of bitcoin also with other alts. But if you are looking forward to invest on this coin then better take some extra precaution and always follow the news to avoid unwanted incident then follow what good updates happening on xrp ecosystem. SEC issue for now is not a big deal for other investors but we still need to aware of everything about it.

Inspiron14

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Quote from: fzkto on February 04, 2023, 05:28:39 AM

Quote from: traderethereum on February 04, 2023, 04:46:27 AM

I think @OP is confused about whether to invest in XRP or choose other coins after he read our suggestions Grin

Maybe I can only give advice to buy XRP with the money you can afford because we don't know whether XRP will have a chance to increase again or if investors will abandon it.
If you were willing to spend $50 to invest in XRP, that would be fine too but to increase its price by 15x or more over the current price would be tough for XRP.
If you can accept the risks after buying XRP, you can buy it right away but if not, you better wait to see how it goes.

I think that since Ripple has been in the top 10 coinmarketcap for so long, despite the problems with the SEC, when this bad history is over, XRP will definitely grow. Especially since they are promising to introduce smart contracts this year. It seems to me that if you have free money, you can invest in XRP.

That's true but making that decision isn't easy for sure besides that we also never know when the trouble with the SEC will end,
so I think it's really important to follow the development and it's interesting,
If you really want to invest, maybe you can try it in a small amount first.

fzkto

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Quote from: traderethereum on February 04, 2023, 04:46:27 AM

I think @OP is confused about whether to invest in XRP or choose other coins after he read our suggestions Grin

Maybe I can only give advice to buy XRP with the money you can afford because we don't know whether XRP will have a chance to increase again or if investors will abandon it.
If you were willing to spend $50 to invest in XRP, that would be fine too but to increase its price by 15x or more over the current price would be tough for XRP.
If you can accept the risks after buying XRP, you can buy it right away but if not, you better wait to see how it goes.

I think that since Ripple has been in the top 10 coinmarketcap for so long, despite the problems with the SEC, when this bad history is over, XRP will definitely grow. Especially since they are promising to introduce smart contracts this year. It seems to me that if you have free money, you can invest in XRP.

Topic: XRP - yes or no? - page 20. (Read 4009 times)