Bitcoin Forum

Hello,

I bought the XRP last week with highest price.
Now XRP`s price still go down, I`m very worried about XRP`s future.

I am just wondering that i need to sell my XRP with loss or keep XRP more.

Please give me an advice.

Regards

Anyone who have an opinion about XRP?

Does it mean you hve bought it when it was at 24k sats? This is the highest XRP reached afaik.
Currently its going down to 15k sats, because the effect of bitcoin price still rises. No one can sure what will happens with altcoin price actually.

A crypto roadmap (the second part)
https://bitcointalk.org/index.php?topic=606957.msg19128114#msg19128114

I think the price of XRP will drop. But hell, what do i know, i also thought it would never rise like it did in the first place. But i believe it was due to hype rather than actuall improvments and uses of Ripple.

I think the price is going to bounce up this week. Remember that BTC has been going up since.

XRP is pretty good,it's a lots of money to support by the big banks .
don't worried about this,maybe you would earn more in the future

I guess xrp will be the one of the greatest coins in the market and no doubt about xrp is a good investment in a long term investments but still there will be a price go down in the market as long as the bitcoin is going to increase its price in the coming year. But there are still altcoins that can give u a great income.

I think don,t panic sale wait until price will go up
Xrp is good coin use for banking sector
Xrp have good market capitalization
Xrp have good Technology and good updates on social
Xrp is at good Rank
Xrp is valuable coin  maybe you would earn more in the future

XRP (Ripple) is a good coin for me it is meant to be used in the banking sector before it was pumped in a price with a sudden hype that is why it came back for correction but now I think is more stable now and I think after 1st August (bitcoin Segwit) when market will get stable XRP will grow normally and I think if all goes right XRP can get to 1$ in future...

Ripple has good Future but in long term and only for investment and you will get huge profit in few years.

I don't think the XRP will be wide used. Probably financial institutes will implement own crypto for internal settlements. I think that XRP useful only for testing. May be Ripple will create new protocol with some improvements. I think that price of XRP overvalued.

Ripple is for banks and financial institutions. XRP will have steady organic growth as it gets slowly into banking industry.

I've just bought back into XRP considering the current low price.

The main risk is that financial institutions will indeed use the technology but not the XRP tokens. However, I think the current valuation is to low based on the adoption they already have (which continues to increase).

It is not just risk that entities will use the Ripple technology but not the XRP tokens - it is obviously true.

All i can see in XRP is pure manipulation, the price of that coin is not that original funded by the investors or traders but that is a fake price that has been dictated by the bankers in different world since it is a private coin for bankers and promotes centralization then there is no doubt that it can be manipulated by the powerful people who are in XRP's coverage area.

Are in the same position, but i better not sell xrp at current prices, lots of good news xrp in the future, so i choose to hold it.

Do you have an example? Haven't seen it yet, but that's indeed what I'm afraid off.

I think XRP is stock of Ripple

If you want to do stop loss strategy, you may sell your XRP with a loss now to lessen what you might lose in the future but if you want to earn in your investment, hold that for at least a year and wait for a year of it not going above the price where you bought it before doing the stop loss strategy, but it is riskier. Even if that is the case, a possible profit won't be taken to you because a year is long and many things can happen during that period.

When XRP reach high price @20k sat, many warning from good trader and group trading crypto notice remind holder Ripple be carefully with this price, but most holder not care this notice and still holding. Look now, from @24k sat falldown to @6k sat in yesterday, holder from @24k sat have big loss 400% :)

This question comes up frequently, and it used to be an area of concern for me, too. However since I've done more research I'm no longer worried.

XRP is the native token to the ledger. If you're going to use the Ripple solution, then XRP is the absolute best route (in Ripple's target corridors). Also if bank A tries to use its own token instead, how is that acceptable to bank B?

Ripple is good project, but the question is whether the success of Ripple will correlate to an increased value of XRP.  Banks may use Ripple, but they'll likely use the Ripple network trading in fiat currency rather than trusting XRP, which is controlled by a centralized group who promises to only increase the market cap value every 5 years. So think twice before investing in this coin.

I disagree! There are plenty of explanations as to why XRP will be used. Here's a recent one: https://www.xrpchat.com/topic/6362-the-reason-why-xrp-will-be-adopted/
Also look for anything posted by "JoelKatz" (Ripple employee David Schwartz) on this forum or elsewhere (e.g. Reddit). His explanations are extremely clear and helpful.

I think xrp are not profitable coin.I bought the XRP last month but day by day xrp rate is too much decrease. I am worried about this becouse I am lost already 60% of my main balance.my point of view I telling that xrp future is not good.

Ripple represents everything I don't want in a coin.  Centralized and a massive chunk of coins are 'reserved'. 

I still dont understand what is special with XRP? Why people keep buying it? Total supply is 99,994,578,575.... Can the price increse? How can you think so?
Think that xrp is 0.5 USD. Market Cap will be 50 billion usd. Let me say what is going to happen in this case. Whenever 5 10 million XRP is sold price will drop again to 0.1 usd... It ll be just a p&d coin.

If you're looking for short-term price increase, or volatility for day-trading, then yes, there are much better coins than XRP.
XRP is more of a long-term proposition, and given the nature of what Ripple are doing, developments tend to happen behind the scenes.

XRP is really good coin. It is use in banking sector & in coin market cap you can check market cap also good one. May now whole market going down so people worry about that but that is not thing like you sell XRP with full of loss. If you can keep than keep it as investment for long term. Definitely it will increase and you can take good profit also from that.

Don't worry ripple is a project approved by banks around the world, which proves that the price of RIPPLE is supported and it will not be easily dumped.

Yes you are right, ripple will be expensive in the future if all of the Banks in the world use it for remitance business, ripple will be digital asset can be used for payment around the world, but i think it will happen if the banks adopt it, price of ripple goes up and down is jus fluctuating of price, all of digital coins has it and that is not problem.

The reason why Ripple is going down because of altcoins price correction, As you see almost all of the coins are on dump stage now because of hype and the price is going faster in past few months but don't worry it will comeback because XRP has a good potential to invest and hold because many big banks supporting it and have a good projects to do in the future as now they're targeting $1 per XRP keep calm and don't panic it depends if you're on margin trading.

What to do depends on you. If you you have faith on this coin then hold it until it pumps again. Anyways xrp has been good and stable for a long time before the continues dump happen. I also have few xrp on my portfolio and I am fully decided to hold them for more months than sell them today and lose 1/3 of my investment which is not acceptablee for me and if ever the dump continues then sorry for me but that is how a trader's life goes, not everytime you gain profit sometimes you lose.

that's the problem mate, did you know that xrp value before you bought it? did you manage to look for the current movement before doing your entry?
xrp only worth 400 sat 2-3 months ago and if you bought it last month which means you already bought it with the value more or less 12-20k range,
that's a sorry missed mate better to keep it on hand and wait again for the next pump.

I agree with you, XRP has not been profitable for two months and investing XRP is completely wrong. I think XRP will not have a future in the crypto market but it is very beneficial to apply technology to banks.

well, crypto is such a volatile world that can things like this happens, now you have two choices , sell now and take a sure loss or wait for a potential new rise (stay sure in the next 2 years price will move a lot up and down), i would personally stick with latter if i am not in urgent need of money

Many competing coins including XRP, I think the future of XRP will be difficult to be the best (top 10 coins), dev. Should immediately create a variety of wallet platforms like waves.