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Author Topic: Ripple - long term or shorting?  (Read 1755 times)
waorana
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May 03, 2018, 02:42:40 PM
 #41

Ripple is one of my favorite cryptocurrencies, it is a very solid project with an excellent team. Its technology has been adopted by very important companies worldwide, and many others will certainly use it in the near future, so I think it is to be bought and kept as long as possible to have good profits
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May 03, 2018, 03:05:52 PM
 #42

Believing or not ,did you know that ripple is one of top 5 as most prominent currencies in the market,due to has dual function as digital payment network for financial transaction,aside from that it also used for middleman known as gateway acts at link by two parties wanting to make transaction.therefore its pretty sure that, if hold you some ripple in long term investment it will back profited.
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May 03, 2018, 03:10:08 PM
 #43

XRP does not belong to decentralized encryption, just using block chain technology. Market capitalization is high, not recommended for long term.


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May 03, 2018, 03:14:57 PM
 #44

What's your approach towards Ripple? I can see both sides making sense.




I think, for ripples, it is very suitable to resist with long duration. yes, long investment for ripples seems to be profitable, if you look at any lengthy progress that ripple developers will do. as its value will be higher in the next few months. however, any speculation is always at risk. so it's a must always have a plan and a strategy to anticipate every possibility.
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May 03, 2018, 03:17:14 PM
 #45

i will hold XRP for a long time . it is a great project . it makes cross-border transfers easy and cheap . five banks joined ripple this month . the price of XRP will always go up . it will reach $20 end of this year .
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May 03, 2018, 03:19:43 PM
 #46

Short term or Long term. Both can be used for trading coins. Ripple currently may be a little cheaper than the price End of 2017 ago. And it is not impossible for Ripple to touch new ATH this year.

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razinvel
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May 03, 2018, 03:28:34 PM
 #47

What's your approach towards Ripple? I can see both sides making sense.



2017 was a favorable period for the value of the main crypto currency. Including significantly increased the rate of XRP, which has increased since January more than 40 times. The market capitalization of this asset has already exceeded the $ 7 billion mark, and will continue to update the maximum values in the near future.
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May 03, 2018, 03:30:17 PM
 #48

ripple is likely to increase in price, if it has to bear it for years to come,
a great chance to hold it and have it, because the ripple founder always
keeps the ripple up for the future to come.

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May 03, 2018, 03:32:27 PM
 #49

I think so as well, holding make sense a lot for ripple, on the other hand if you catch a great shorting oppurtunity why don't get this, but never use long coins for shorting it is risky a lot.

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May 03, 2018, 03:32:53 PM
 #50

what I know is longterm the ripple it's good to hold long lasting and know if there is a future ripple even if the price drops you just hold it and the ripple price will rise again with the bank because the ripple and legit are so many people the buyer of the ripple

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May 03, 2018, 03:34:55 PM
 #51

What's your approach towards Ripple? I can see both sides making sense.


I would not have advised you to buy this coin because it is centralized and controlled by banks. But if you have already decided that you want to buy this coin, then this is your choice and I think that it is better for you to save it for a long time.

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May 04, 2018, 07:09:06 AM
 #52

Ripple is one of my favorite cryptocurrencies, it is a very solid project with an excellent team. Its technology has been adopted by very important companies worldwide, and many others will certainly use it in the near future, so I think it is to be bought and kept as long as possible to have good profits

I'm sorry to ask you this, and please don't feel offended, but do you even know how ripple works?
I only have some basic knowledge and if I'm am wrong I expect someone in this forum with more knowledge about ripple than me to correct me, but from what I know, this is how it works:

- XRP (the native token) is only used to pay transaction fees, in order to prevent DDOS attacks. Basically Ripple tokens are destroyed when tx are made, so it could make sense to invest in them, assuming they would become scarce in the long term, in order for the network to keep working.

- The problem is that this will never happen, because the destruction rate is simply to low (0.00001 XRP are burned per transaction, so that's 100,000 transactions per 1 XRP, and we have like 100 billion XRP available?). It would take thousands of years to destroy all tokens. From what I've read only 0.00526% of all supply has been destroyed so far...

So basically, even if the network gets mass adoption, and is used by banks in order to make cross boarder transfers faster, the token itself will continue to be "useless" and cheap.

XRP is not meant to be a valuable token. It's just part of the protocol, to make the network work in a safe manner, so it can't be seen as an investment, because it's not.

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carlisle1
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May 04, 2018, 07:15:10 AM
 #53

What's your approach towards Ripple? I can see both sides making sense.


Not so long,i think just this year ripple will conquer this market with full conviction,but thats not accurate because we know that this coin is manipulated by banks so we really have no faith about its future potential
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May 04, 2018, 07:18:50 AM
 #54

Short time i guess. When i see Ripple its change constant values. But its certainly good coin.But i think not a long term coin.
Yes i agree, fluctuations of price every now and then makes ripple a short term investment also the huge market cap and large number of circulating supply it will not reach even 20$, i guess ripple is good for short term.
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May 04, 2018, 07:25:54 AM
 #55

My plan is to hold a long term. I have faith in the future of XRP. Looking forward to the end of this year its price will rise.
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May 04, 2018, 07:26:03 AM
 #56

What's your approach towards Ripple? I can see both sides making sense.


ripple still good to hold nowadays IMO , even though its value keep fluctuate 'cause besides there's still some good news about it .so i preferred long term instead of short period 'cause its not a profitable manner.. like for example ETH, also which is in the last few months the growth rate dropped and now the price growing gradually , so surely ripple will soar in the future as well like what happened on some alts nowadays.  
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May 04, 2018, 07:35:06 AM
 #57

What's your approach towards Ripple? I can see both sides making sense.
What side is making sense to you?
My approach to Ripple has been negative and I don't really like XRP since then. You can take the ride of this coin but I'm telling you that you'll regret if you think that this can be a good long term.
Do you think that a centralized coin can be one of the best?
Personally, I don't like the idea of a centralized coin as it goes against what crypto stands for. However, I can see why people (especially banks) would want to start using them. So in that sense, holding makes sense if you're after profit
Can you name a bank that is serious of using them? Bank is centralized and crypto isn't so there's no sense of calling it a crypto and besides.
Ripple Wants XRP to Be Bitcoin for Banks. If Only the Banks Wanted It



 

 

 

 

 

 


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May 04, 2018, 07:51:51 AM
 #58

ripple is one of the most surprising coins of the past year where there has been considerable growth, ripple is one of the most potent coins, and according to the news I read ripple is used as a reserve coin in banking and government, ripple is now stuck in its growth, but we do not know what will happen to ripple 1 or 2 years ahead, I put optimistic on ripple,
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May 04, 2018, 08:06:07 AM
 #59

in my mind, Ripple has a serious potential though centrally and one of the best options for long-term investment because it has a very strong team, a very interesting concept, and progress along the way in the last five years. and although many people hate it, it's still very likely to increase value and price.

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May 04, 2018, 08:10:40 AM
 #60

Ripple is more suitable for long-term investment, but recently I suggest that you can buy some, because Ripple's market value is now underestimated, it may follow the pace of ETH and will soon rise.
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