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Author Topic: Buy or trade ripple  (Read 407 times)
Thanhjonhan (OP)
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January 04, 2018, 10:00:26 AM
 #1

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?
HongKong
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January 04, 2018, 10:05:27 AM
 #2

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?
What do you mean by your friend is not actually holding any Ripple coins?

Is the coins on an exchange or is he investing in a HYIIP scam?

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CryptoScorpio
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January 04, 2018, 10:07:17 AM
 #3

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?

A correction may occur for ripple and it goes down for some time as it has grown too much in just a matter of two weeks.Any of such growth is not organic and it leads to the loses for investors.
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January 04, 2018, 10:23:26 AM
 #4

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?

I don't really understand the question, but I'd stay away from Ripple right now.

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January 04, 2018, 10:28:14 AM
 #5

I want to buy some of this. And HODL for next year.
chanc3r
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January 04, 2018, 10:37:47 AM
 #6

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?
Just sell some of your ripple and then leave the rest in your wallet, this time the price of ripple is in the peak and if you are trying to buy it and then you are taking the very big risk for your money. That may better just waiting for another dump as soon as possible until you'll see the price of ripple will down.

anjohyx
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January 04, 2018, 10:57:50 AM
 #7

I think invest to ripple is too risk right now , price pump to $4 from below $1 within two week , stay away ripple and wait the price stable

cryptamod
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January 04, 2018, 11:00:08 AM
 #8

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?
XRP is a centralized coin if you want to get profit from it dont hold it for too long as it is controlled by the bankers.

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JackDaniels
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January 04, 2018, 11:06:07 AM
 #9

XRP is looking incredibly positive at the moment, but I would definitely recommend not putting all your eggs in one basket.
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January 04, 2018, 11:08:28 AM
 #10

wait for the dip if you want to buy but keep in mind that Ripple is the most centralized coin on the market.. still has been a great investment if u check 2017 perfomance (good to diversify).

pawanjain
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January 04, 2018, 11:16:38 AM
 #11

At the present moment it is not wise to buy Ripple as the coin is pumped too much. It has raised to $3.5 in the past 1 month which is a huge pump in it's price. We should be waiting for a while now to make any investments in it. I don't think investing in it for long term will be a good deal since XRP is an inflationary coin and that makes it depreciable in long term. Trading it will be  a very good deal since it is pumping huge these days. So my recommendation would be to trade it or to hold it for short term.

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January 04, 2018, 11:22:01 AM
 #12

It may be hazardous to invest in XRP now, If you are looking forward to invest in XRP then you must wait for its correction, it may result to dump soon.
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January 04, 2018, 11:37:48 AM
 #13

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?

don't trust what others tell you. no offense to your friend but most of the times people who say they are making a fortune are full of shit Wink

it is possible though. it is a high risk that you can take and make a lot of money if you invest a lot of money. you can see how these altcoins are getting pumped hard to the moon. so if you throw some money into one of the coins that is getting pumped, you make a lot of profit.
XRP went to $3 in a short time from less than 1 and you could have invested $10000 and made it to $30000

but the question is, "are you ready for losing that much when you make a mistake?". and that is the risk of it. your $10000 can turn into $300 just as easily.

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January 04, 2018, 11:48:04 AM
 #14

maybe soon the ripple will experience a price correction and its price is definitely down. if you want to invest in the long term and buy it right now, I guess his time is not right and his price is still expensive. but you're better off trading, you can buy it when its price goes down and sells it if you feel you have earned a profit.

you can wait while always paying attention to the market to analyze other potential alt.
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January 04, 2018, 11:51:51 AM
 #15

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?

I don't really understand the question, but I'd stay away from Ripple right now.
I think the OP means that a friend once bought ripple when it was cheap and now earned good profit from it, but holds it on an exchange o something. ANyway, the idea is that till you sell your coins for fiat, you might think that you don't really own them, since no 'real' money is still yours. Thus, the question is about whether now is good time to sell ripple. I think that is the profit is about 5x then yes, but it all depends on one's ambitions and plans for the future.
I sold ripple when it was worth $1 and made only 2x profit. Every day I hope it'll fall down so that I can buy some coins, but I find out that it only grew again. What do you guys think? Is now still good time to buy?

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January 04, 2018, 11:54:06 AM
 #16

I bought ripple 7months ago when it was around $0.2 and i took a profit when it was $2 thats a x10 gains which i made i am very happy and satisfied to what XRP gave to me.

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January 04, 2018, 11:55:32 AM
 #17

I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?

It's always better to have your coins in a PC Wallet! Rather than trading on forex websites. You will have full control if you have your own wallet and the risks will be much lower!
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January 04, 2018, 11:57:44 AM
 #18

The question is quit difficult to understant but my own opinion is its better to trade that to buy because you have a chance to recieve back than to buy and risk your money for the not yet confirm investment. But you have your own choice you can do what you want, dont mind some people dectating you on what to do or what to choose. Make sure in trading your money you know what comes you back.

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January 04, 2018, 11:59:04 AM
 #19

I believe a correction is necessary for a healthy growth. At least back to $3. Ripple price went up over 600x in the past year, amazing! $1,500 invested in January 2017 would make you a millionaire Tongue If only I HODLed!


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January 04, 2018, 12:01:28 PM
 #20

It's always better to have your coins in a PC Wallet! Rather than trading on forex websites. You will have full control if you have your own wallet and the risks will be much lower!
Every decision has its pros and cons, you may feel comfortable with saving coins in the desktop wallet but there are some people who want to 'quickly' sell and buy to earn a daily profit.
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