justdimin
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December 24, 2020, 06:41:26 PM |
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Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
It was worth buying a year ago, it wasn't worth buying ever and it will not be worth buying in the future neither, there is no need to buy xrp when there are so many great coins out there you could invest into. I personally would love to invest more into ETH for example, however I do not have that kind of money, which is why I do not have any, but if you have money you are considering to invest into XRP that means you do have some money to put into cryupto, and I would suggest ETH instead of XRP if you could spend money on it. There are other ones as well, it is your decision, if you want XRP you could go with that, nobody can stop you, but it was always a bad project to invest for the past years and it will always be a bad one to invest in the future as well, I would highly advice you not to invest into them if you could.
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Oshosondy
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December 24, 2020, 08:09:40 PM |
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I can only have few comments about ripple, ripple is a centralized or semi centralized coin, that is why it should not be advised to invest in it. With what has happened between the ripple CEO and SEC, I think ripple has lost its integrity. With what I think, it is very possible that ripple could decrease below $0.1 this time around before 2021 because investors are now afraid to invest in ripple. I for one sold my ripple already, because I think that the price will fall with time because of the recent allegation which is true about ripple CEO that sold $1.3 billion worth of ripple.
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lionheart78
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December 24, 2020, 08:43:33 PM |
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Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
With the current situation of XRP, I do not think that it is worth buying right now. How about to wait for some time, probably after a huge dump of the investors before buying in. That way you can buy more XRP with the same amount of USD you are planning to buy atm though it is very risky since there is a huge possibility for XRP to become worthless once they failed the case against them.
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satsmainman
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December 24, 2020, 08:50:55 PM |
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Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
A great deal of negativity is surrounding XRP right now, and frankly i think it's just the beginning. When SEC start to push real hard and big exchanges will begin to delist, that's when we are going to see the real tanking for Ripple. Investing in XRP for the moment could be highly risky, i would suggest sitting on the sideline to watch how things unfold.
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zonefloor
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December 24, 2020, 09:46:04 PM |
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It is very risky to buy xrp right now. Both the pressures made by the sec and the lawsuit processes will affect the future processes. But if he can get out of it, he can make a booming comeback to the market.
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thesmallgod
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December 24, 2020, 10:09:38 PM |
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There has been always a signal in the past that xrp is not a good coin to bank on for long term. Xrp is always surrounded by many negativity. I could remember then how they have been accused many time of market manipulation. XRP is purely a centralized coin which is subject to regulations just like many other stablecoin. If SEC decide to ban the coin tomorrow what do you think will befall the people around it. Probably the xrp market will go red, massive dump and it will get delisted in my exchange platform. I will advice you to stay away from such controversial coin. There are many coin out there with a lot of prospects that you can invest in
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kawetsriyanto
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December 24, 2020, 10:19:01 PM |
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Ripple is worth to invest before, not for now, but dunno for the future. I have a bad experience with Ripple right now. It is too sad looking at my Ripple assets, it dropped more than 70%. The shit Spark airdrop and SEC issue really became the nightmare for XRP price. It declined severely. On the other hand, I am very disappointed with the Ripple team that just let all this happen without doing any helps/efforts. To be honest, I still cannot believe this happen to one of the top five crypto coins. Well, if you want to buy XRP, it is better to monitor first! Don't buy in a hurry if you don't want to experience the same thing as me. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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pixie85
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December 24, 2020, 11:03:28 PM |
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You can see how fast it can dump. Some people made money on the recent pump but when it did pump I remember telling people that it's temporary and manipulated. I saw it as another opportunity for Ripple Labs to sell some of their premined coins.
XRP is centralized and is run by a company and this is its main weakness. When this company goes bankrupt you'll lose everything. You can see what happens when the company gets sued - the coin dumps. It's more like normal stock with the difference that this company doesn't produce anything. They make money of your belief in their product, that's it.
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Shasha80
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December 24, 2020, 11:22:19 PM |
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If you are a risk taker, you should buy XRP now, because XRP prices started to dump after the issue of lawsuits by the SEC arose. This makes some XRP investors panic, and choose to sell at the loss XRP they have. For me this is the right moment to get a cheap price if you want to buy XRP. Because I believe the XRP team will not stay silent with the rumors that occur regarding XRP, Moreover, XRP is still included in the top 5 cryptocurrencies. So it's really worth buying XRP, but always use the money that we can afford to lose.
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Baimovic
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December 24, 2020, 11:28:05 PM |
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I heard a lot of news about the SEC lawsuit against the XRP company so I don't think investing your money in XRP is a good choice. although now is a great time to buy them cheaply. in the past I used to use it once only for transactions and not again after that.
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Gozie51
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December 24, 2020, 11:52:41 PM |
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Today ripple has almost lost all of its value. and I have also sold all the ripple that I own. Bad news always comes to ripple and these ripple coins are no longer recommended to buy and are no longer worth investing in
It has been a bad moment for ripple hodlers. I have decided to take my time before investing in it but I think my wait was now worth it for me. Ripple, a centralized coin and has not been doing very well IMO although was maintaining a good position in cmc but I think all that will become history with the current challenge with SEC.
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darkphoenix2610
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December 25, 2020, 05:24:45 AM |
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Ripple (XRP) is currently facing a lawsuit now which caused the crashing of its price in the past days. Ripple is one of the most important cryptocurrency companies in the industry now and holding the 3rd biggest crypto in the market. So we are hoping that it will come back and yes it is already as we can see the sudden bounced of the price to .33$ now.
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lepbagong
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December 25, 2020, 02:02:10 PM |
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Ripple (XRP) is currently facing a lawsuit now which caused the crashing of its price in the past days. Ripple is one of the most important cryptocurrency companies in the industry now and holding the 3rd biggest crypto in the market. So we are hoping that it will come back and yes it is already as we can see the sudden bounced of the price to .33$ now.
If you are in a lawsuit, it is clear that there will be implications for XRP and it is obvious, because even though the current price has gone up, it is only half the price when it was dated the same last month. I hope XRP can finish well and can grow with other altcoins because of the good bitcoin movement. XRP is a very good token that many people expect to be an alternative to Ethereum even with a small value but the market cap is quite high and this means its activities are running smoothly. so there is no need to hesitate to invest your funds there because next year a new ATH will be formed, lest you not enjoy it.
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pealr12
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December 25, 2020, 02:28:10 PM |
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They will definitely recover but maybe not as immediately as most people would have want it, Ripple has been in the game for some time now which makes me believe that they will find a way to overcome this sec charges against them except they really don't care about the millions of investors counting on them.
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Brindez_kromo
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December 25, 2020, 04:08:42 PM |
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I think Rippel is a big coin and very promising to invest there,,you can trade daily and long term.no one can guess where the price because the price always goes up and down If you are hold on long time try to keep up with developments until the beginning of the month in 2021..XRP is having problems with the SEC and bringing about a downward price impact,but I think it would be more profitable if you dare to take risks
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