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Author Topic: Should I invest in XRP?  (Read 1135 times)
kolbalish (OP)
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August 02, 2019, 08:34:13 PM
Last edit: August 03, 2019, 09:16:23 AM by kolbalish
 #1

I just found an article and here it is,

https://www.forbes.com/sites/panosmourdoukoutas/2018/03/07/ripple-could-be-the-next-bitcoin/#4dc2e64c5b39

Can anyone confirm it is helpful or is it wise to trade with XRP?

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August 02, 2019, 08:43:06 PM
 #2

Some time ago I created a thread where I said the most difficult coin to gain money with was XRP
and to my surprise, most people lost money with XRP to, so this coin is very hard to predict, some people likes, some people hate, because it's not decentralized

I'll never buy any XRP again because os this, but if you are a skilled trader, why not?

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August 02, 2019, 08:54:06 PM
 #3

I can't think of a worse crypto asset to invest in than XRP.  There's a fool born every minute though, so you might make some money.

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August 02, 2019, 08:55:43 PM
 #4

I personally am not sure about XRP, it's just a centralized coin and the price development is also not good. I would recommend you invest in ethereum because ethereum is much better than XRP, both in terms of platform and the potential possessed by this ethereum altcoin. consider this
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August 02, 2019, 08:58:11 PM
 #5

The link to the article you shared is jumbled, and would not open. You should edit the post and re-share the proper URL to the article.

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August 02, 2019, 09:28:50 PM
 #6

Nope, XRP is a terrible choice.

here is why:

XRP is WAY over valued.
It doesn't have much space to go up.
The reason why is because of the amount of circulating coins, how much the company ripple themselves hold, and the coin itself having no use or function.

Also, ripple as a company does not have sustainable business practices.
They manipulate their own coin, trump up business partnerships when there are none, and are a centrally controlled commodity trying to sell decentralization.
Don't take my word for it though, just google some of these things up.
You will find so much on Ripple as to why they aren't a good choice.

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August 02, 2019, 09:53:57 PM
 #7

If you're planning to put your funds as a long-term investment, yes Ripple (XRP) are one of a good choice for it.
I strongly believe that Ripple price will back to it's All Time High price, even it has potential to beyond that, this is just my prediction.
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August 02, 2019, 10:07:18 PM
 #8

You are asking a question like this "should I put my money in a bank account that uses personalized blockchain network for easy transaction". look, I'm not a financial advisor, but I can say, it's not wise to invest in XRP. Better invest in Bitcoin. 
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August 02, 2019, 10:22:21 PM
 #9

I can't access the link you inserted, so for me investing in xrp is pretty good right now, considering that there have been many changes and improvements that are better from year to year. if you believe you want to invest, don't let negative things haunt your mind.
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August 02, 2019, 10:58:17 PM
 #10

You are asking a question like this "should I put my money in a bank account that uses personalized blockchain network for easy transaction". look, I'm not a financial advisor, but I can say, it's not wise to invest in XRP. Better invest in Bitcoin. 

Investing on both bitcoin and xrp is good enough to fill your profits in the future. Do it while the price is cheaper on xrp and by the time it could rise further, you'll be able to get the opportunity that could provide us financial benefits.

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August 02, 2019, 11:12:21 PM
 #11

Both from a technological and reliability perspective, Ripple ranks very poorly as a crypto currency.

It is in direct conflict of interest with many philosophical principles of crypto currencies, so if you are a crypto-enthusiast / proponent,

you have much better choices to invest in.

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August 02, 2019, 11:17:14 PM
 #12

Although, I am yet to buy a single XRP since I have known about cryptocurrency, but I agree that it can be profitable if one should invest in it.
I just prefer some other cryptocurrencies  over it.
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August 02, 2019, 11:18:54 PM
 #13

If ypu ready to wait for long term hold or have a lot of patience why not, we knows before or durant ng the bear market xrp,is one of the most dominant coins in the market that give profits to the holders.
I am also a xrp holder but I don't advise to you to invest xrp if not learn it well do your analysis and decision to avoid mistakes.
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August 02, 2019, 11:22:47 PM
 #14

although the link is difficult to open and know exactly which article is meant, but for me investing in XRP is less profitable, but in the long run it might be possible to invest in XRP will be profitable. I think it's better to invest in another altcoin, but I'm more inclined to invest in bitcoin and ethereum

kolbalish (OP)
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August 03, 2019, 02:26:30 AM
 #15

It's better to put your money in another coin like bitcoin or something else that was having real utility usage. Ripple is including in the worst platform same as EOS. It's not a wise decision and I will personally suggest to take a look at another platform.
Yes, I'm also thinking to invest a different platform except EOS and XRP. Obviously,I will follow your suggestion to invest in that which has real utility.

However,I already lost my assets few times but this is the last moment for me to do something for myself in investing in crypto or do some trade. To ensure the real thing, I need to know first, that's why I'm in here.

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August 03, 2019, 02:37:25 AM
 #16

I'm not aware to check the link because it looks strange to me.

You are free to choose an investment place to store your money as long as you have a confident the place of investment that you choose will give you profit based on your analyst. As far as I know XRP is centralized coin which is mean the price movement will be set by team itself and there will be a manipulation.

Have you try to invest in othere coin? Such as Bitcoin or litecoin? If you have a freely time you can make analyst or you can find more about centralized coin and decentralized coin and you can make a differentiates of them. So, you will answer your question by yourself even you will have an ability to ensure that the coin is potential or not if you store money on it.
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August 03, 2019, 03:20:44 AM
 #17

ripple is one way to make a profit but do this for long terms investment, and never put all your money in one basket
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August 03, 2019, 03:46:30 AM
 #18

Ripple is a good coin among the alts but the market right now has no regard for any alts as the market is seriously bleeding for btc surge and this will last longer due to the chart , so you only need to hold yr btc for now and watch closely the time for xrp entering.
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August 03, 2019, 04:10:38 AM
 #19

ripple is one way to make a profit but do this for long terms investment, and never put all your money in one basket
I also choose XRP for long term holding because they are not moving very well in short term and right now they are still down. I know XRP is a good coin despite of being a centralized coin and being criticize by many, but if the banks started to adopt again XRP we can expect its price to pump. Yes, buy many coins its good if you have more than 2 coins on your wallet.

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August 03, 2019, 04:28:30 AM
 #20

It's not been a good time for Ripple. There are many competitors to it and it has failed to achieve many things it had promised previously. It's just sticking to the price as it's one of the heavily invested crypto. It would not be a very profitable investment for the new investors.


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