Ripple: A long term investment or short term?

[jackolinyoko]

Yes it is,i bought 0.5BTC for this coin a long time ago because i see a clear picture with its technology,100% decentralized.

[1714019657]

1714019657

[Radientgurkin]

Ripple is long term for the only reason is being good for the banking industry. If banking can get behind it, it's a winner for sure!

Gotta clarify this claim, as you are 100% correct but missing a vital piece of information.

Ripple is a great platform for the banks, and its usage and adoption will probably increase dramatically.  HOWEVER, there is such a vast amount of XRP held by early stakeholders and not to mention Ripple themselves (the company). 

Although they have claimed to have put restrains on these XRP so they won't be dumped in the market, who's to tell when this will be reversed. 

Conclusion: XRP is a great platform, but you'll need to hold it for ages in order to see any significant moves. And for that time frame you may as well pick some of the other platform tokens.

[Rahip]

I prefer ripple for long term investment
It doesn't mean that I will not opt for this short term
Ripple is one of my favorite altcoins

[HODL to the moon]

Behind Ripple are the big banks, so that is why I think it will grow quite a lot in the future. The banks push forward the adoption of it!

[MakeMoneyBtc]

Ripple is a long term investment because it is a new technology that is very useful for banks. A few banks already use ripple as a currency and more of them are testing it. So it is a very long term investment wich can offer huge profits in time. Just keep it and wait a few years because this is a good opportunity to make
Think at ripple as shares in company. You cannot mine ripple, it is not like bitcoin or ethereum. Ripple was sold in a ICO but it is not really a cryptocurrency, it is something like real money, like euro or gbp that are incresing everyday

[david0ikari]

This is a very long term investment  for sure

[billyj111]

I bought this coin in spring and kept to this day because I think that this is one of the most technologies coins of all

[Beicin]

I wouldn't go into Ripple long term, atleast reevaluate your position every couple months. THe reason is that the Ripple coin itself doesn't hold much value at the moment, as it isn't needed to the banks to apply the Ripple technology in their systems...

[deddychanz]

for me Ripple (XRP) is for long term investment.. low risk and more stable than others

[nitehawk]

I find Ripple is actually excellent for short-term or day trading. The reason for this is that there are no crazy crashes like other currencies, if you watch the market it's relatively easy to make 2 to 5% on the small daily swings that this coin experiences, and unlike other alt-coins you are not risking your initial funds, as the coin has good long-term prospects.

[_Dawid_]

For sure the coin has a lot of potential (otherwise Ripple would not be on such a high place in order by market capacity).
In my opinion Ripple is definitely for long term, it is quite stable coin with many interesting features but need something what could push him higher. So definitely neet to wait a little period of time.

[sealofsun]

Don't invest in any altcoin without knowing the project and the team in its entirety
And ensuring your trust fully.
First your own decision is important. At least for altcoins.

[g4r1n1m]

i think that it was worth it to invest a big amount, before it jumped x10
i dont really think it will make another x10 in a short time
but i can always be wrong

[prehisto]

I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.

Definitely long term investment. It has a huge potential but on the other hand in order for banks to adopt it, it will have to be some time. We are talking about organisations who are very very cautious and will have to test heavily before implementing. 

[enawati]

From the history the chart and technical analysis of Ripple, I think Ripple good only for short term investment because the price easy to pump and dump, I think this is because this is premined coin which many supply hold by their developer. I heard they has cooperate with many international bank, but this issue can not bring the price going up.

[coolstory]

I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.

If you buy it, you'll stay for long time, this for sure. Instead of centralized ripple, there are much better ones on the market. It's not for day trade or short term trade. My co-worker tried to make day trade with ripple, he lost too much. Never try it with ripple.

[jjoshua]

I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.

It is long term investment, you cant get much profit if you buy and sell xrp per day. Long term because its a stable and  its just need more time for the price to go up

[kaeluxdeuz]

Ripple is a long term investment, as long as banks are involved and still want its technology.
As long as banks control it's value then there is no higher risk of it being volatile.

[jacquelinecr]

As far as things go in the cryptoworld, Ripple is considered a long term investment, because of it's support by the banks. It's a centralised Altcoin and banks use Ripple technology, so they are in a way controlling it's value!

[gorkhalitrader]

It's a long term investment. I have been holding it for quiet a while now and its been stable but it has not provided any huge gains for the short run.