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Author Topic: What's happening to XRP and TRX now?  (Read 382 times)
The_Selected_Few
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January 09, 2018, 07:51:38 AM
 #21

Overhyped to catch out the people looking for a quick profit, with the volume of XRP around the price cant go much beyond what it is now.
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January 09, 2018, 07:56:05 AM
 #22

if i have a chance to choose one of it, absoluely i choose TRX instead of XRP, Justin is pretty hardworking in order to develop the project. Pls be patient, as you know preivous years everybody called ethereum as a SCAM as well.
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January 09, 2018, 08:00:01 AM
 #23

When investing, patience really is the key.
The reason why so many people say: "don't invest more than you can afford to lose", is not because they have a feeling that losing it all is actually an option. They say it because of the volatility in the market. One day you will lose 10% and the next day gain 20%. You get crazy if you look at the red numbers on the exchange. You also get crazy if you look at the green numbers.  Wink
 I myself am pretty heavy invested in both XRB and TRX, and my investment is currently down by around 5-10%. However, they will bounce back and reach new ATH soon enough.
Do yourself a favor. Instead of looking at the 24 hour movement, look at the weekly or monthly. They will tell you another story.

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January 09, 2018, 08:09:57 AM
 #24

dont fud just hodl
AA_Bitcoin
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January 09, 2018, 08:20:14 AM
 #25

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

If you're looking at coinmarketcap, the sharp dip in XRP price yesterday was because they removed South Korean exchanges from the price calculation. This is because South Koreans were paying a huge premium for XRP because there is so much demand for it over there. The effect if you're not South Korean was that the XRP price quoted on coinmarketcap was far more than you could actually get on an exchange.
There has been a slight price dip since then, but much of the dip is actually an illusion. Don't panic.

Thanks for this clear explanation. I think you are right about this. Time will tel. I am holding on to my XRP.

cryqtovn83
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January 10, 2018, 09:28:39 AM
 #26

TRX turning round. Many FUD against it. I bought small amount trx 10 cent. TRX risky so not heavy.
xrp fine to go all in lol. crypto cap is rising right now.
Here comes bargain hunters
gunhell16
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January 10, 2018, 09:33:03 AM
 #27

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!
XRP is all over now as coinbase deny their request to be add on the list of coin while TRX is just sleeping as the dev is really working hard to make it grow and be listed on top, we just need to wait for trx to be up on the market again once the deal with japan base exchange open up!
EthanHunt123
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January 10, 2018, 09:36:58 AM
 #28

Korean exchanges were taken off coinmarketcap.com which lead to some selling in XRP.
majest3
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January 10, 2018, 09:43:53 AM
 #29

I wouldn't panic, it is just part of the cycles that occur in crypto's. I am not a fan of ripple as it is not truly decentralized and and the bulk of the coins are still owned by the developers, l think nearly 70%. That puts way to much control in there hands. Tron l do own and bought more today. The longer you are involved in the crypto coins the more you realise it's two steps forward and one back. Look at the long term and only invest what you can afford to loose and you will be able to sleep better at night!!

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January 10, 2018, 09:48:05 AM
 #30

It turns into the original forms, which is XRP $1 and TRX 100 sats.

Buy potential coin like HTML, COLX, ESP to cover your loss Smiley
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January 10, 2018, 09:53:35 AM
 #31

TRX has such a huge supply and you will see that it has already appreciate by 1500% in less than 2 months. Whatever it is that is going on with the dev and the community of TRX, the price action and behaviour is suggesting correction and lets hope market will not over react to these price corrections!

sencoj
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January 10, 2018, 10:07:40 AM
 #32

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!
XRP is the second largest crypto based on market cap. You can call it bitcoin's competitor. The reason it is falling because the whole market is seeing a dip in prices right now. Bitcoin increased to $16000 last week but now it is down again. And since the whole market is down, XRP and TRX are experiencing a dip as well. But it will go up in the future. Keep XRP, but change TRX to Ethereum. It is a better alternative. TRX is still struggling and there's no guarantee it will attain a sizable market cap.

xrp is not the second largest crypto and not a bitcoin competitor. it has been hyped as the crypto "used by banks", but this is complete bs.
IamAltcoinfan
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January 10, 2018, 10:19:27 AM
 #33

I have done lots of research on TRX as TRON sister company got recognised by chinese government there was lots of good news were spreading around coin . Now whales are dumping coin for staking more coins .  Hope in near future it will gain good value . I am least bother about XRP even i dont support i was knowing it will get dump for sure

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January 10, 2018, 10:36:37 AM
 #34

I do have some XRP and TRX and I'm a little bit scared because lately its going down. Any reason why its happening? Do you have any other suggestions on where should i invest my money into? What particular altcoin would that be.. Thanks in advance!

I don't see any concerns about XPR. Tokens are growing and will growing. I advise you to HODL in any case!
Thegreentree
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January 10, 2018, 10:40:36 AM
 #35

Price correction for these coins.
Bay_Harbour_Butcher
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January 10, 2018, 10:48:03 AM
 #36

I think the coin is falling due to overhyped, but do not worry, I am sure in a few months the price of XRP and TRX coins will rise again, because the coin is a top market coin and is already very famous

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drunkcoin
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January 10, 2018, 10:48:36 AM
 #37

Cryptocurrency fluctuations are normal. Crypto is a new thing that hasn't become stable yet. Any rumor can drop prices. That's why there are a lot speculations on the market. But it doesn't mean that it's for a long time. Usually it's temporary.
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January 10, 2018, 10:58:05 AM
 #38

TRX was definitely overhyped...
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January 10, 2018, 10:58:49 AM
 #39

they are being dumped like the shitcoins they are
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January 11, 2018, 10:37:33 PM
 #40

Thanks for your comments guys. I really appreciate it. I just do hope that they will pump back up soon despite so much FUD. Goodluck to all of you and have a good one!  Smiley
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