Bitcoin Forum

Hi All

Got into crypto a while back, and having read up on Ripple, and not having as much knowledge as I should, bought a fair bit of XRP thinking good company = price hike on the XRP. Held on to it, seen a bit of a rise, but really regret not selling on the pre-hype pump linked to the Coinbase saga in Dec. I have held on to the it, believing similar is likely to happen again when it is finally added to Coinbase, but XRP no longer has the appeal it did.

However has the opportunity gone, and the likely x10 increase gone? Part of me thinks the opportunity is still there, part of me thinks, I could be reinvesting this in more worthwhile crypto projects.

Thoughts please, Hodl still?

Yes, Ripple has a very strong team, but this coin is different from other cryptocurrencies. There are ambiguous thoughts about it. On the one hand, banks are interested in this coin to facilitate transactions and they invest money in it, but on the other hand banks do not like strong price caps of cryptocurrencies for that they criticize bitcoin. Perhaps with an increase in demand for Ripple, banks will begin to push the price up and it will cost x10 or more, but there may be another scenario where banks will artificially hold prices at a level that they consider profitable for themselves. And in the aftermath of today's news that Ripple has emerged as the leader among the top ten of the Coinmarketcap rating. So, over the past day, the Cryptocurrency has grown by more than 16%. Analysts believe that such growth is due to the successful testing of cross-border payments based on Ripple technology by the South Korean bank Woori Bank. Let me remind you that in February Ripple introduced a new consensus algorithm to ensure further decentralization of the network.

From what I have seen today, I will be Holding on to it, and decide what to do. I can not believe that listing on Coinbase could make so much of a difference to the price, many seem to overlook the values of the project etc, but I guess when I first got into crypto that was what first drew me in too. I think that XRP is destined at the moment to be pumped only by adding to Coinbase, so when it happens that will be my que to shift it!

ripple is not an excellent company, its just a bunch of banksters with access to the us dollar fed printing press that have used it to fund their company

XRP was never a cryptocurrency and it shouldnt be support by our decentralized community,people doesnt want to support this coin because of its centranlized structure if you have done some research you will find why people hates this coin very much,it has the banking structure and it is support by the central banks.Do you love banks why are you here? we are here for the decentralization of our transactions but XRP is doing is the opposite,would you still invest in a pure manipulated coin?

Being added to coinbase is huge because then you can reach all of the investors who really have little idea what they're doing or what they're investing in. Ripple is perfect for them because they're the guys who will simply overlook all of the things that are wrong with ripple and think 'lambo'

The ripple will not go down. Because XRP has a clear use case. It is one of the largest digital assets by market capitalization. It is designed for use by financial institutions as an on-demand liquidity solution for cross-border payments. For example, payments into emerging markets can require multiple currency traders — added costs — or pre-funded local currency accounts — which often results in the trapped capital. Instead, payment providers and banks can use XRP to fund these payments on demand, without intermediaries, at up to 60% less cost to settle

Thank you, I was coming in this thread to shred that title apart myself good to know I am not the only one. I'd like to add that 66 billion of the 100 billion supply is locked up and who has access to it? Oh yeah Ripple founders, have fun with that one ::).

Rumors about adding Ripple to coinbase just started again, so its good time to hold some more time. They may pump it again.

I will also HODL... Ripple is definetely one of the most interesting cryptocurrencies in the long run.

Ripple is indeed one of the strongest Crypto in the market today as it were trusted by many giant companies in the world today.
I could say, it's time to see your Ripple XRP when you do get profits from it or maybe you bought it when it was around $0.50 and now that the price value is higher than a buck then you could get 100% profit our of it.
You can sell not only Ripple but some of your altcoins invested when you do get enough profit and that's the main goal for investing crypto and not only throwing our hard earned money in it.

I am also a Hodler and I am holding a lot of Cryptos including Ripple that's why Ripple is for my long term investments because it will surely pump more in the near future.
Ripple just like Bitcoin and Ethereum had faced numbers of droppings over the last 3 months but Ripple isn't different as it rides the roller-coaster type of crypto market with most of the altcoins in the market.
Ripple already offered me higher investment return so therefore I could might sell them and get my profits but I still choose to hold because as of now I don't need money of my personal expenses because I have a full-time time job career.

Is there any promising coin now because of which it is worthwhile to sell Ripple? While bitcoin does not add revs, all the altcoins will stand in place. It is necessary to keep Ripple and wait for his reaction when bitcoin starts its growth.

Already sold my XRP to lock in the gains before the expected dump once the rumour of a coinbase add didn't materialise in the next few days.

Reinvested in NEO and ICX which are undervalued atm.
Previously transferring the profits from one coin to XLM too, and now Stellar has gained by a significant amount too. Not selling Stellar though since it is a much more promissing coin that Ripple's XRP token is.

Just look at the chart in 2017. Ripple priced increased x20 in may and june, then decreased to its previous prices. Then started increasing in december and reached its previous all time high in January. I expect it will decrease closer to the start point, because this is what happens every time.

If you think that it is a wise decision then go for it because I had also notice that Ripple market price value is like riding a roller coaster ride which has not really gone to the extra mile. Just an opinion, you may consider investing with the other coins that has a good and remarkable statistical graphic data like monero coin which you could see the upward trend. This maybe a good start for investment for this coin as I see good potential gains in it.

If so needed and needed money, then I think you can withdraw some of the XRP and leave the remaining coins for further growth ...

This is what happens every time until the time that it doesn't happen. As is always the case when trying to draw conclusions from the past.

Ripple's pricing at this stage is just dependent on the whole market. If the market continues to slide then XRP will continue to slide and could eventually go back to the 20-30c region it was in for some time. If the market recover it will quickly move back to $2 and more.

That’s true. Many investors and people in the world just hesitate to invest in ripple XRP because they think that it is highly centralized and controlled by the banks. But I don’t see this as a disadvantage, rather its an advantage that ripple has such healthy partnerships with strong firms. Moreover ripple has been taking slow steps towards decentralizing its network slowly. I am sure this coin will be of huge utility in the future and will have huge demand. As the partnerships for XRP grow, more the demand grows and so does the price.

I think! Ripple has a very strong team not ac company!
 You can invest according to your abilities! Be sure to accept any losses (if any). Be careful when exchanging.

Not all investors are like you. They have knowledge about crypto and they know what they are investing in unlike you who just repeats what people say on forum. Getting Added on coinbase is like opening the gates of ripple for US investors. There are so many people that want to invest in ripple XRP in US, but the coinbase isn’t able to help them. The people understand the technology and logic behind the creation and use of XRP, so there is so much of demand for it. And its not called overlooking the wrong things, its called analysis of advantages and limitation and then deciding what is good for investment and what isn’t.

I wish that people like you could acquire some more knowledge before joining such forums and advising people what to do and what not. For your information ripple is the most well know and settled company with its token XRP on the whole crypto market. Ripple has been providing financial solutions to bank and financial institutions for quite long and Is known to compete swift in such solutions. They have way more partnerships with significant firms and banks than any other crypto in the market. XRP focuses on solving real world financial problem unlike other cryptos that have no significant utility and are useless other than being a store of value.

Indeed. Ripple is a great company that has been creating payment solutions for bank and financial institutions for quite long. XRP though didn’t get added on coinbase, but it still has been making significant partnerships with many banks and financial institution worldwide that are now piloting XRP and some have even implemented it to find how much cost efficient and quick it is.

Many financial institutions are still with testing phase on XRP, once they start implementing it, transactions in trillions will take place every day thus increasing its trading volume and thus increasing the price. According to my analysis and research ripple XRP will easily be above 5$ end of this year.

Ripple, despite the fact that it is a fully centralized coin, is by far one of the most promising in development and growth. Banks and large financial corporations continue to massively switch to using this coin for lightning-fast money transfers around the world, using advanced blockchein technology. Therefore, the cost of ripple will only increase with time. In this regard, this coin in no case can not be sold, in the future it will give a very good profit.

I think the opportunity is still there , many people talk about ripple , i'm almost sure that it will grow in the future

Ripple was controllable by bank with a fully centralized altcoin and last year it has a good run hitting the price of $3 if you sell that time your ripple Im sure you will get a good result, right now the price of ripple are down and we cannot know if the price will repeat to $3 in the future because most people are selling their ripple after hitting $3.