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Author Topic: Please give some light on XRP  (Read 559 times)
expertofexperts (OP)
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February 07, 2019, 07:01:51 AM
 #1

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.

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February 07, 2019, 07:14:16 AM
 #2

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.


Continue to keep, falling due to a complete market correction, this is not an indicator. A ripple over time will get more and more partners in the face of banks, so it will grow further and not be afraid.

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February 07, 2019, 07:18:11 AM
 #3

If you're not confident anymore holding XRP then you have to sell it to remove the doubts and stress that it is giving to you. XRP is centralize that's why many don't like it. I don't hold it and my suggestion to you is just to dispose it and move to a better coin or buy the profit you'll get there with bitcoin.

XRP is owned by Ripple labs(https://ripple.com/company/). If you're confident holding it for a very long time then just hold it. Before investing to a coin, you should have at least basic knowledge on what you are buying.

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February 07, 2019, 08:20:53 AM
 #4

XRP has a very interesting structure. The price is not as predictable as other coins. I'm sorry for you on your behalf you've done a very long time HODL and unfortunately this process has experienced a great retreat. Applicable to other coins in the valid for XRP. The market must enter a general uptrend.
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February 07, 2019, 08:54:36 AM
 #5

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.



No, it's not a ponzi scheme. It is a very reputable company, as can be seen from their history of years of working with major international banks. Ripple for me is the most professional and reputable company involved in crypto. A lot of people don't like it because it goes against the anarchist ethos, but if we want crypto to enter the mainstream, then it is companies like Ripple that will do it.
There is a distinction between Ripple the company and XRP the token, but I for one am convinced that XRP as well as Ripple will be a huge success.
I would advise to keep holding, and yes do so for several years.






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February 07, 2019, 09:07:51 AM
 #6

XRP has a very interesting structure. The price is not as predictable as other coins. I'm sorry for you on your behalf you've done a very long time HODL and unfortunately this process has experienced a great retreat. Applicable to other coins in the valid for XRP. The market must enter a general uptrend.
That's agreeable mate, xrp wasn't doing so well during these days of bearish market. But for me every situations isn't always downwards, also it will always possible to recover in the right time. For now the market really needs to gain back again people's trust in order to become uptrend again. We must help each everybody's community so that xrp holders will not turn their back, and give up what they been working for so long. Hold and don't let go, that's the best way to do it.


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February 07, 2019, 09:22:00 AM
 #7

I am planning to buy some more ripple. The market conditions generally has affected the coin. Even though it can't be taken seriously as a cryptocurrency due to its centralized nature, ripple actually has gone far with partnerships and it will definitely impact positively on the overall coin price

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February 07, 2019, 09:27:32 AM
 #8

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.


Continue to keep, falling due to a complete market correction, this is not an indicator. A ripple over time will get more and more partners in the face of banks, so it will grow further and not be afraid.
A big rumour about the manipulation on the ripple market cap has become the main concern for everyone right now. It's not about how to get more partner but you should consider from the technical reason the good and bad things on ripple foundation. A lot of ripple still not yet dumped by the developers.

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February 07, 2019, 09:29:03 AM
 #9

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

What price did you enter though? I'm just curious.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

I wouldn't say it's a ponzi scheme, but this is a bitcoin forum, and a lot of members here hate coins that are centralizes and control by bankers.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.


Well, you still have your coins so you're not losing any money here. I usually don't give financial advises, but I would say that XRP is worth to hold for a long time. Don't sell it, just hold as long as you can and wait till it goes on another bull run.

R


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February 07, 2019, 10:39:48 AM
 #10

I do not think that xrp or ripple as a company is operating as a ponzi scheme the only issue that some people take negatively is the huge supply of xrp that is held by the company by as far as it is locked i do not think that is a big issue and i think xrp price will recover surely over time.

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February 07, 2019, 10:43:07 AM
 #11

no, it is not a Ponzi scheme, XRP is simply a centralized shitcoin with a huge supply and no future as an investment.

the only thing that XRP is good for is the short term pumps that it has once or twice a year sometimes. other than that, 99% of the year is a downtrend because as i said it is a shitcoin.

all the news you hear about such and such bank going in Ripple is about its technology not the token itself called XRP.

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February 07, 2019, 10:44:13 AM
 #12

Lol, 1 year? Are you even not noticing the coin market cap or even the xrp price? You better to hold in more years or if you in need you should selling it fastly.
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February 07, 2019, 12:19:39 PM
 #13

I only can say keep holding your XRP if you are still stronger than the others. But if you think you are done with XRP and wants to change with the other prospective coins, then you can sell right now, but I don't think you can make a nice profit. I think you have done a good work by holding for over a year and I think you can hold it this year while I am sure the price will increase again. But it's up to you because that is your XRP and I hope you can think twice before you decide to sell because you are too long to hold XRP.
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February 07, 2019, 12:35:43 PM
 #14

I personally think that ripple is one of the good coins and established coins. Different people have various opinion that are different. But ripple is doing very much well as compared to other coins like ethereum, and stellar. Its price has not gone down so much as compared to other coins if we look the state of cryptocurrency in the recent past and now. It is being supported by banks. I am also planning to add more XRP.

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February 07, 2019, 01:22:42 PM
 #15

Yeah, I think you should still hold the Coin XRP that you have. Because it will be better than you sell it now.
We know that XRP is a coin that has good prospects in the future, even XRP was in second place at coinmarketcap.com .
and for now the market is in poor condition. all coins are in a dump condition, Even with Bitcoin too.
So, you should still hold your XRP and keep patient.

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February 07, 2019, 01:36:03 PM
 #16

Despite all today's manipulations with the help of news, XRP is a top-end project with a good capitalization, with a quality product, so that it will still be in demand. So just keep it in perspective.
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February 07, 2019, 01:36:32 PM
 #17

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.


Many people in this market don't like XRP, but XRP is a good altcoin and a long-term investment in it is a great option. Currently XRP is more popular and more interested than ETH, so just hold and wait for the market.
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February 07, 2019, 04:25:48 PM
 #18

I am holding XRP since 1 year or more i think. It has fallen since then as we all know. It is now around 0.30$ per xrp.

I have seen people saying over here that it is kind of ponzi scheme. But i have seen in India as well, they have gone under contract with Axis bank. Even they are hiring many well known leaders. It has office as well here in India. Some say it can replace SWIFT technology.

Still can anyone here shed more light on it. Shall i hold my coins? Is the company legitimate enough to hold money there? I dont mind hold it for years long.


I also have few amounts of XRP and I also hold it now. Just hold your XRP mate because we know it is one of the strong cryptocurrency in the market which also have huge volume. Many companies already accepting xrp so there will be a time the price will go up so just keep on holding.
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February 07, 2019, 05:22:35 PM
 #19

Xrp has nothing to do with Ponzi scheme.

Xrp coins are mostly Holden by ripple company, so that company can manipulate the price a lot. You probably bought in a bad time, but the fundamentals of ripple are good.

Santander and other big banks are heavily involved and invested in ripple. Ripple will be providing services for banks, reducing swift and other transaction costs. It's no surprise that it is the second coin by marketcap

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expertofexperts (OP)
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February 08, 2019, 07:55:55 AM
 #20

Well people are calling it PONZI just because its holded by a company and we are afraid that it can night-by-run company. Still as i can see that many are saying here that its legit and good company, i will better hold it for years.  Cool
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