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Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys

Your portfolio is not performing well lately.

Why don't you add some bitcoin?
I own some ETH and XRP as well, but only a very small percentage of my holdings. Bitcoin is my biggest holding.

I think every crypto enthusiast should have at least 40-50% bitcoin in his portfolio.


Not necessarily. XRP is used by banks for international transactions mostly.
The effects of DeFi are not yet clear, but it is certainly possible that DeFi will remove some powers from the current banking system, which may be bad for XRP.

I don't think this token (XRP) justify its position on the coinmarketcap. This coin is against everything this space is all about, it is too centralised and have done nothing for the space rather the team keeps dumping their tokens on the market. I have a feeling it is going to lose its spot in the top 5 in this bull market

I'll say reduce the amount of XRP you hold . The supply is too much with the Devs & Team and whatever roadmap they said with xCurrent and Xrapid  is yet to fulfill the purpose .

Yeah! it has been so long since it's price rise and when the time of bearish market, it didn't recover again until now.

As for the current position of the XRP in the market, the result will be shown to us after this year. If they don't recover their price again before the end of this year, I think it won't recover after it anymore since it faces major issues and most of the investors has dumped their XRP to the point we have seen the price to drop down this low.

The XRP dump is not peculiar to the coin alone and it is a consolation for holders as we expect pump from other top coins. My only concern for those coin with regard to price movement, is the reliance on bitcoin. Except for ethereum, the community, the technology and development, I dont see other coins with such large marketcap to give such profit and confidence like bitcoin

Yeah. I would just say that people holding the top coins like eth or xrp do not need to worry about the dips and i am sure most of the holders are in for the longterm so they will be the winners in the end. We just need to wait and good time will surely come.

XRP if it grows, it grows with the market, but it sometimes falls alone, I don't know what to expect from them, maybe someday the devs will burn at least part of their coins.

The price fall wasn't just XRP. Even the bitcoin and ethereum were not spared. The most hit tokens with price fall were those defi projects. Most of them lost not less than 80% of their valued prices.

I have not heard such a statement about xrp from IMF or world bank can you please share reference link to read details.
Although i am impressed with the partnerships and developments that ripple is undergoing and im sure its time will come but if you are someone who is in a hurry then you need to look at some other coins because coins like eth or xrp are for real supporters.

Move out of centralized assets, even though it might get recovered from the current drop it will be going to bust in the future probably will goes to zero as well.Add bitcoin,ethereum and other decentralized coins not the projects which came yesterday to the market and goes out of it in a week or month(s).

Did the XRP team sell their monthly dump again?  Well, that 20% crash looks a good discount to me.  The price will be corrected in no time so it is best to enjoy that 20% discount and bag another batch of XRP. 


Well, why remove the possibility of profit?  May it be centralized or decentralized, investors must remove his emotion in order to gain maximum profit.  Emotion brings biased decision.  I hate XRP but the profit is too enticing.  Hate won't give me a profit but XRP does.

No, the team didn't dump their stash, and no, there was no 20% crash but rather a major drop throughout the entire market thanks to BTC downward movement last week

the 18% drop that OP is talking about is probably the drop in the last 7 days. From Coingecko:
https://i.ibb.co/BsJqJGH/adsf.png
https://www.coingecko.com/en/coins/xrp

nothing to worry about for XRP hodlers, pretty much every major alt is looking at almost the same numbers in the 1-week charts. But yeah, a 20% discount is hella nice

Hate is not the reason why I said move out of it, the real reason is which is centralized and speculative asset so the creator can print any amount of XRP at any time and can liquidate into the market and it is highly possible when the prices are surging so which is going to affect the investors so make profits from the decentralized assets if you don't want to get trapped in such situation.

Taking into account that most people are moved not by ideologies but by their greed this is going to take a while, I agree when you say the fourth position in the market is undeserved but which coin can take its place? LINK or DOT? I do not think so because those projects will lose a lot of market power once the DeFi hype disappears for good, a bunch of bitcoin copies? Not in a million years, a stable coin? Tether already displaced XRP, so when you really think about it there are not really that many candidates that can replace XRP at the moment.

How can you sure  about XRP to be the bridge to the global currency while it has no chance to compete with mastercard?

https://cointelegraph.com/news/mastercard-launches-virtual-testing-environment-for-central-bank-currencies

The IMF or even world bank will actually use CDBC instead of ripple. This foundation is also rarely generating the profit and that means the burning portion to be used for the various things like marketing, development, etc is much greater rather than its margin profit.

XRP hasn't performed good with all of those pumps that we've seen for bitcoin and ethereum.

It's one of the altcoins that didn't moved that much during those runs. 18% could be that much for you to cut loss but you still have chance to think about it.

Having bitcoin in portfolio is a big life saver.

They have been in the market for too long, and that is why they have a good position in coinmarketcap.

And they have a lot of projects, unfortunately, it's not enough though as the price can't even get to the next barrier, wherein ETH has broken $400 many times already, while XRP remains in the $.20 range. Chainlink has proven it already and so is DOT, so I'm not surprised that the rankings on many altcoins might switch places again once we got on a full blown bull run next year.

Ripple drop was not even surprising me at all. A shit token will be a shit token as the drop must be coming from it owner dumping their coin. I dont get it why peoples always see xrp as a good coin as we all know xrp is a centralized coin not a decentralized coin. What is so special being centralized and the infinite supply??

Ripple's technology is good, but investing in XRP is not necessarily good. We are always hyping the payments project for technology, but Ripple's capitalization is too high and has no potential. Furthermore, in online forms of payment, Ripple cannot surpass Bitcoin and Tether.
Currently, the Ripple project owner owns the rest of XRP, which is hindering XRP's price increase.

When it really comes down to it, XRP correlates with BTC. However, I'm not saying once Bitcoin hits it's ATH that XRP will as well because XRP has lost much of it's base since then and it's pump was partially due to it's introduction to Coinbase and South Korean investor access at the time. When Bitcoin reaches 20k again, I truly believe XRP could potentially see 1 USD, which is huge for the people who've been collecting an holding since it's crash 3 years ago. But the longer it takes Bitcoin to pump back to 20K, the more XRP's correlation decreases as people continue to lose interest. It's market cap still makes it 3rd behind ETH and BTC, which gives me hope. But coins like LINK have begun to rapidly fill in the gap beneath the top 3 while Defi is still a major unknown factor to "traditional" crypto..

Even the XRP community didn't feel good with the dump that has already made by the company and former of ripple founder (jed). How do you think that possible for ripple? i remember when community of ripple has already made a petition for the company to add more vesting period for the premined coin.

Defi is much more better than ripple in term of the usability and remember XRP never offered a utility usage to its holders. I never sen the XRP holders get advantage from holding their coins.

You must see the defi users can earn interest from the defi service while ripple gives nothing for sure. I doubt ripple can't defend its position to be the top 4 of crypto based on MCAP.

With the founder of XRP, Jed McCaleb, dumping $75 million worth of XRP, that's a lot, and regardless of its value today, it's going to take a big stack. According to this article:


So I think it's quite near that it is going to be less valued from now knowing that Jed is going to dump all at once. I think he is just waiting for this moment and dump it all.

Haven't you sold some of your hold xrp when it pump the last time? I sold mine but I still have some of it and I am still calm. 18% dump is usual.
Let's just hope that it will perform upward rebound movement.

Investors are aware about that immense volatility of such coin, thus if xrp dumps even at 20% below the immense gains will still definitely achieved when it bounced up.

According  here (https://www.fxstreet.com/cryptocurrencies/news/ripple-price-analysis-xrp-may-have-bottomed-out-ready-to-retest-027-202009090648);


No need to panic.

Categorically, Ripple is not a dirt token even though the supply is unlimited, because dirt tokens are unlikely to get a good position on the coinmarketcap and coingecko rankings, so this shows that Ripple is not a dirt token and regarding price reductions I think that's a common thing inside. crypto when market conditions are not good.

IMO, I believe that XRP is a real deal it's not just a fly by night cryptocurrency because it is a working product of a duly registered company which is the Ripple, in that case, I believe that the XRP price today is not that important because its a long term project and if we compared XRP from other cryptocurrencies with the same supply level I think XRP price was far more stable. 

I don't know but isn't it kinda weird that you are holding Ripple and Ethereum but you aren't holding Bitcoin for some reasons.
Anyway, your money so your decision but in the past few days the crypto market is in a short correction. No need to panic because there will be a time that coins will go up. Be patient and just accumulate more and more. Try to get some Bitcoin to :).

I'm not pessimistic on Ripple but with their reputation against the investors which is somewhat negative, I will not hold any XRP for long term and I'd rather hold BTC or ETH than XRP.

Ripple has been showing no signs of life for several months, and now with DeFi hype I think hardly interested. I know a lot of people who bought a lot of XRP back then and are now sitting with their tokens because the price has gone down rapidly and no one knows when it will go up again, if at all

The price decrease we're seeing in the cryptocurrency market is universal. Most tokens have experienced a recent decrease in value due to the reduction in the value of Bitcoin. Ripple was not left behind in the drop and had a free fall. In most cases, when we experience this level of decrease, its because of market correction and I know that the value would increase again very soon.

I believe the price of Ripple going down are just because of Bitcoin price, and it's not only affected to XRP, most of Altcoin are also affected because of Bitcoin price drop. Even Ethereum also dropping so much, like from $480 down to $330, and i think it's even more than 18%, which is quite bad. In my opinion all of this are simply just a correction, and most of them will recover at any point.

Anyone invested in XRP is optimistic about its future and can dream about a centralized coin being the bridge to the global reserve currency and if you really think that it is the future and hence holding the coins more power to you. If the investors could get a good profit so be it but to call it the future of monetary system is a bit too much.

According to your above statement you classified XRP as the bridge to global reserve currency and if that is the case why would you need DeFi to be the push the XRP market needed  ::).

thats very right! not only xrp is at loss in the past few days, almost other alts as btc goes down. so when btc starts pulling up, and so these alts also, including xrp.
 and also for the OP, he might want to look other currencies to invest with not only xrp, and eth is a very good candidate right now. but whatever coin he will venture with, need to do his own risk assessment because it is only him that will be responsible to his own funds.

Why?  ???


He made a big mistake of buying so much of this centralized shitcoin in the first place.

Position on market cap that relies only on the potential not real value of all coins in circulation should not make you want to hold the coin.
Always rely on utility and fundamental analysis not some promises of a CEO.

I am not trying to be too harsh but what kind of investor or trader can say something like this, the price is everything and XRP despite being a project that has been in the market for very long has not showed significant profits in years, who in his right mind is going to keep being invested in such coin when projects like bitcoin and ethereum have showed a significant better performance over the same time period, besides when you add that XRP is extremely centralized it is fair to ask us if it qualifies as a cryptocurrency when it has such important ties to banks and to me this makes XRP a project not to be trusted.

I will advice you to sell it and remove it from the list of your long term holding because XRP is a high manipulated altcoin. You ought to be aware of that by now through the profit you make from your long holding of XRP and ETH

Dont believe everything you hear from this kind of group cause most them make paid advert or intent to pump the price of their puppet coins. TI thats was penalized by the SEC is an example.

There's no bullish future for XRP cause it has no benefit or something good whatsoever to give to crypto communities.

Always prone to any possible manipulation from both developers and the whales who are supporting behind.

You have to make a better assessments if you are willing to take some ride with this assets, though not for being an investors
but I'm using this coin to transfer my assets as my local wallet also added this coin to their wallet, after sending my fund I
automatically convert it to local fiat to avoid any heavy fluctuation.

It's not only XRP that has experienced a decline in price because Bitcoin fell below $ 11,000. But all other coins experience the same thing.
Seeing the very strong fundamentals of XRP, I am sure that the price of XRP will go up again, and I predict that XRP will be able to go up
to the price of $ 1. If we look at the market now that the XRP price has now started to rise by around 1.59%. This good sign for XRP,
then XRP holders will have to be a little patient to see XRP go to the moon.

$1 is still a long shot for XRP. But if they will continue with partnerships or collaborations with big companies, they will have chance to increase its value even if this one is centralized. What I like about this coin is that their transaction fee is really really cheap and they are fast. If more merchants or companies will deploy this coin as part of their payment method, this will give huge boost with XRP's value.

It is better not to take this drops seriously, XRP never had such strong market support and finds it normal these days since most new projects soar high. And besides, investors neglected to see XRP as they know that this coin is fully controlled, not it makes them profitable than investing in another project gonna be old or new.
https://i.imgur.com/SIHlO1e.png

XRP remains to its position and people keep also thinking about its capabilities.

How can you conclude that the XRP price will increase by 1 usd just looking at the XRP price increase of around 1.59%?
if the intention is to hold for the long term and when the market is already bullish there may be a chance that the XRP price will go to 1 usd,
but if the reason is because the XRP price increase of 1.59% is very difficult to reference, maybe you can provide a little explanation and also chart analysis about it.

quick question:

do you like your money?

If your answer is "yes" I would like you to review the following:

How long are you holding XRP and what price did you buy it for and when was the last time XRP reached more than $ 0.50?

then look at other projects that came after XRP that already had 10X profit

I think that with this you will understand


How long have you been saying this to yourself?

Perhaps he was referring to the average price for a certain period of time. If you take for example the last year and look at the charts of the movement of the coin, it really turns out that on average for one increase the price rises and falls by$1. Perhaps he meant something completely different, but according to my conservative calculations, the price is obtained with an average deduction.

It is better to just hold XRP in small quantities. I think its large total supply is going to make it harder for the coin to have a significant increase in price. I would rather hold ETH and BTC in bigger quantities than XRP.

XRP is an extremely risky crypto-asset. It is highly risky because of its centralized nature. The vast majority of the total supply is not in free-float. If any of the promoters want to dump his holding, then it can destroy the exchange rates. Ever since I entered the world of cryptocurrency, I have stayed away from this coin. There are far better cryptocurrencies out there to invest.

That is not really a prediction that is a wish, after all a movement of 1.59% in this market is nothing when we have seen a coin like bitcoin move more than 10% in a single hour, the truth is that if you look at the chart of XRP this particular coin is still in a bear market, if you take a look you will see that the coin is still producing lower highs and lower lows which is a clear sign of a coin that is crashing and when you add that it has lost its third place to tether  then it is impossible to talk about any kind of bull market for the coin.

In contradiction, DEFI can not be good for XRP due to the obvious reasons. Don't look at the currently pumped DEFI numbers, the dust will settle and only strong altcoins will survive in the next market cycle which likely will be a bear season. Better diversify the portfolio with various altcoins and don't look at the portfolio performance every day. Holding XRP in small portfolio can be a reasonable compared to buying in big portion or going all in. I recommend to invest wisely and DYOR before investing a single penny.

This is actually something to look at on this coin. What if one of the owners decided to leave and sell his share? This scenario is very possible to happen. I like how cheap XRP transaction fee is and how fast it is. But it is the team managing this is quite the scare from crypto users. Because it is centralized, you'll never know what will happen to their coin once there's a change with their management.

 I don't think we will see much scope for price increase in ripple because the market cap is too high and it's too centralised for my liking. But yes it's kind of a safe investment for now and relatively hasuch less volatility.

We are complaining whenever there is a Big losses in prices but never be thankful when the price grows Higher is this fair?

XRP had a great days last year and even the start of this 2020 so why bother today since you mentioned that you are a Holder?

if you really Hold then nothing to be more concern than the day of growth and not in the day of fall.

I can say that it can be less volatility since the value is was already down from the last time ATH.

But for sure there are many things that can possibly happened along the way, chances that big whales who are also into
this coin made create good pumped and bring the value to rise, we never know only risk takers can hold it and wait for
long term success.

For the life of me I'll never see XRP as a worthy cryptocurrency to hold for the future. I still think they have outlive their value in the cryptocurrency industry, a lot of people have seen them as centralized exchange and its hurting the project a whole lot. Stop all this IMF talks, it's against the true believe of Bitcoin and cryptocurrency

While I personally do not like XRP in principle I can see why some people may be attracted to it as a coin with potential for growth however I think that only a very small amount of your portfolio should be invested in it, something like 2% to 3% seems about right and while some may think this is too little money to put in such a coin at the same time we needed to remind them XRP is neither BTC or ETH and that it does not offer the potential for growth that other coins offer so it is a coin that does not do anything exceptionally well when it comes to being an investment and as such it does not deserve as much attention as other coins.

I believe from this point XRP only have one direction it is heading to and that is down, when you have a token that is as centralized as XRP in a decentralized setting like Crypto then you need to understand how the space feel. the team just withdraw XRP tokens worth over $100 million and I am sure some if not all is going to exchange to dump on gullible people. Take your loss before it is too late

I believe XRP is made for the future.  We should consider for it as a long term investment. Last month there was a surge in XRP price to my surprise, so correction is expected. I am not worried about what XRP's price is at the moment. Soon, this will stand still among other alts.

I would agree with that but the reality of the markets seems to contradict your posture, if people were so worried about centralized coins then XRP will not have a market cap over 10 billion dollars and be the fourth coin in that category, it is obvious many people do not care about that and they keep investing in XRP thinking it will go up in value anytime now, personally I do not see it since it has been a coin that has given losses since 2017 but if there are a few people that believe still in this coin I am not going to argue against them as most likely they have heard my arguments many times already.

I used to be very skeptical about Ripple, but I have changed my mind a bit. XRP is a very successful crypto, as the time has proved. This success is due to the unique characteristics of this coin, the main of which is the ability to make payments anywhere in the world almost instantly.

If you need a friendly advice, well here's it, dump or reduce the amount of Xrp you're holding and buy some more Ethereum, since the ETH 2.0 might launch any time soon you might make some nice profits from buying it now that it about $370, cus it has a potential to reach its last all time high after the ETH 2.0 is been deployed , Ripple is becoming more of a stable coin as the days goes by, why do I say so? Well, that's because they are not price movements for the past one year now, it's just moving in a range, I this days I rarely hear about it unlike back then when it was over hyped, the Ripple team is also not doing well by dumping huge amount of the tokens on the market regularly ,there's no way the value can increase if they keep doing that. "its just my opinion tho"

If you are looking for the profit then you might in the long term, the reason i am not a big fan of the coin is simply because i do not consider XRP as a traditional cryptocurrency and for that reason i am not holding that anymore but if your intention is to make a good profit then it might be possible as you cannot anything concrete about a centralized coin.

Well.. the promoters can't sell their share in one go. There is not enough liquidity in the market to do that. If you check the daily trade volume of XRP, then you can find the numbers are lower than that of many of the altcoins outside the top-10 list. The promoters may be dumping their holdings, but they are doing it very slowly and using multiple exchanges.

I agree with you that XRP is a very good investment choice in the long term, because I also have hopes for XRP and believe that the price of XRP will increases very high, so that I can make a big profit and all the time I spend holding XRP will pay off with the price of XRP increases very high.

XRP has always been a bank sham... I am amazed people still purchase it.
There are many, many better options out there, feeless options even.

True. It surprises me when I see XRP on the 4th spot in Coinmarketcap and ADA at the 9th spot. Cardano is a technologically advanced coin, and I would regard it as miles ahead of the XRP shitcoin. But the Cardano team's PR work was terrible and they didn't resolved some of the major issues in 2018 such as creation of lite-wallets. Anyway.. it just proves that a good project with skilled developers may face rejection at the market, if they don't have a good PR team.

I always thought that xrp is not reliable asset. There are better alts in the industry

You have clearly says "For long Term Holding" so what bothers you here?

Long term holder cares nothing about the certain period of time prices instead they even forget for a while the currency until the right time that they choose.

But it seems that you are only a chance investor that will buy and wait until when the price Pump high then sell.
this is not the meaning of being a long term holder mate.

I would say in the last time the price movements of XRP were connected to the overall market movement and didn't show a difference compared to the BTC trend.
Ripple is one of the most well known but also definitely one of the most hated cryptos out there, because it's centralized and for big banks, basically the complete opposite of what cryptos are supposed to be in the first place.
So it will be interesting to see if Ripple will still be a top 3 coin in a few months.

all cryptos price change are connected to the market . xrp is known but not for being a bad coin  . its also known because there are people believes in it . banks hated by crypto users but banks are now starting to love cryptos , we should show the same love for them .

ripple was already been there on its spot even before where it isnt really popular or by the time it was being bashed but it didnt show affection and it retain its positions so i predict that same thing can also happen in the future .

XRP is a good quality coin. This coin moves slowly. It has not pumped since 2018. It is expected to give good profit in 2020-21.

You said it, XRP is your long term hold, so that 18% is not a big deal, XRP has had some great pump in the past as well so consider that as a normal fluctuation. The good news is XRP still belong to the top 5 coins in the market which means it has a great potential.

It depends to you if you think XRP will rise or down, we have different thinking about to this coin but for me Ripple is good coin with high potential in the future to up the value let say the value of this coin is down but there is next week or next month for it to rise it is cycle that token or even the coin are dumping the value but afterwards we see the good value for it and that is what we really want to see.

Coins will not go up just because of hype. There needs to be some solid reason. Now tell me one thing. When was the last time you heard anything interesting about Ripple? Back in 2018, there was a lot of hype regarding XRP, after it was announced that they have entered in to some partnership with a few well known banks. But what happened to this partnership? Everyone is silent on this topic for the last two years.

The different people and different opinions. The only good thing about this coin to be used as an alternative payment system but i saw people were using ripple as a payment system too. IDK why but it looks so strange to see that. If we are seeing it from the technical conditions and the pressure that has already made by the company is very big to the community who have been putting their hope in the ripple.

If people wanna buy security coin and ripple is the best answer but it's not when people are looking for utility.

I am still amaze that some people still believe in XRP, for me it is just a matter of time before the tokens falls off the top 100 in the space, even if the token still gain on to the top 5, do you think this will do 2X or 3X again. I would rather invest in a project where I have a chance of 10X or more than invest XRP

It's pretty sad that XRP are keep on decreasing as days passes by and if you are going to check also their market cap, they are being kicked out from the 3rd rank by USDT. If the team behind XRP will not do some counter to this happenings then XRP will surely to continue to drop not only it's price but also it's rank and market capital.

Right now, XRP is $4 billion behind to USDT in order to reclaim it's rank again. I've been an XRP holder and I am a little bit upset to this kind of happenings where their rank continues to decrease together with their market capital.

At any time difference, I could find anything interesting in ripple coins. Binance coin profits are also good, just from 1 day ago to now Binance coin 9 percent pump. Maybe I'm assuming that ripple has some upcoming announcements because top coins always push the price to bullrun. Ripple prices have been stuck for a long time, but now other coins are better.