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Author Topic: Will $XRP be safe for long term?  (Read 1028 times)
Lasky366 (OP)
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August 04, 2020, 07:29:36 PM
 #1



According to the Quarter Report Ripple company increased sales of XRP token to institutional investors from $1.75 mln to $32.55 mln.

Last month XRP looks alive as price increased by 60%. And firstly reached the mark of $0.30 since since February. However we have the Sentiment company data showing the decreasing of the average daily trading volume, more than $100 mln.
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August 04, 2020, 07:41:48 PM
 #2

Ripple is great project and its coin xrp has already proven its worth. Do you remember that even last time it was called scam and centralized coins still it skyrocketted to more than $3 per xrp this time expectations are even bigger.

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August 04, 2020, 08:09:48 PM
 #3

Wait until the lawsuit against Ripple is settled. If it is ever settled. The outcome of that could have a huge influence on price, up or down depending on the verdict.
At the moment we have no way of knowing; we can only speculate... but that is what we have been doing all along, in any case.






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August 04, 2020, 10:18:10 PM
 #4

Ripple is great project and its coin xrp has already proven its worth. Do you remember that even last time it was called scam and centralized coins still it skyrocketted to more than $3 per xrp this time expectations are even bigger.

but the fact, xrp is a centralized cryptocurrency right ?
centralized crypto doen't mean bad, but a lot of people didn't like it, just my opinion buddy
anyway for the OP if XRP still stand as the TOP cryptocurrency in coinmarketcap, i think this coin safe for long term


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August 04, 2020, 10:34:06 PM
 #5

XRP is a top coin, and its continuously pumping together with all the altcoins out there, and I still believe in its potential. I really appreciate the progress that they continue to do despite of their success. Its similar to how NEM is moving with their new token Symbol, they're doing a 1:1 airdrop in Q4 and businesses are already using their new platform.  All these top coins are really proving why they're up there.
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August 04, 2020, 10:49:50 PM
 #6

in my opinion XLM is very safe, this project has clearly proven that their team is very strong, fundamentals are very good and a solid community, just hold! 5 years ahead XLM will be amazing

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August 04, 2020, 11:28:00 PM
 #7

Since the owner won't give up, we can make trust in it.
XRP has been existed for quite long and it already builds trust for the investors. Until crypto still alive and usable to the market, we can be safe by then. But don't get surprised that XRP will never do the rally and we don't expect that because it was controlled by someone.

in my opinion XLM is very safe, this project has clearly proven that their team is very strong, fundamentals are very good and a solid community, just hold! 5 years ahead XLM will be amazing
not XLM (Lumen), it is XRP (Ripple), maybe you are wrong.
Anyway, 5 years to keep waiting, it is not the hardest thing to do if you know how worthy it is. XRP has that potential even though many people didn't see it.
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August 05, 2020, 01:25:01 PM
 #8

no, XRP is not a coin for the long term. It might look profitable, but there are a lot of risks if you want to hold it for the long term. I've had a few more losses while holding this coin because the situation changed suddenly even without news. this keeps on repeating, you will regret if you hold xrp for too long. it's better to sell if it's already profitable.

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August 05, 2020, 01:28:38 PM
 #9

no, XRP is not a coin for the long term. It might look profitable, but there are a lot of risks if you want to hold it for the long term. I've had a few more losses while holding this coin because the situation changed suddenly even without news. this keeps on repeating, you will regret if you hold xrp for too long. it's better to sell if it's already profitable.

Maybe you buy it during the price peak or near it but considering the current price which is over sold if we view it in long time frame like daily and weekly. There is a chance for more profit if you hold it for long time. The only thing you should consider is setting the stop loss or take profit order to manage your profit/loss. XRP whales are increasing which is a good sign that investors are already on boarding. Hype will follow soon.

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August 05, 2020, 01:49:21 PM
 #10

Even before this news that I'm about to share, I don't think that XRP is a good option to hold for long term.

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

What do you think of it? I think it's not a good sign.

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August 05, 2020, 03:24:18 PM
 #11

Even before this news that I'm about to share, I don't think that XRP is a good option to hold for long term.

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

What do you think of it? I think it's not a good sign.

   They are doing this in every quarter of every year! It's not a good sign and I don't think that XRP will be able to recover
to higher prices! I hold some XRP, but as I said a couple of times before, it's my only investment I regret about. In some
moments I was thinking to sell and forget about it, but I still hold it. I don't hope for anything, I will be lucky if I recover
my initial investment!



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August 05, 2020, 03:53:59 PM
 #12

Ripple is great project and its coin xrp has already proven its worth. Do you remember that even last time it was called scam and centralized coins still it skyrocketted to more than $3 per xrp this time expectations are even bigger.
How do you think this time XRP will be able to surpass 3$ ? Bitcoin has risen to 12k $ but XRP has only risen more than 10% in the past, and it's too bad for a leading altcoin in this market.

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August 05, 2020, 06:55:12 PM
 #13

Generate Coin By Them Self 2.0

They can create/mining their own coin, so basically al the circulation on the market was controlled by them as the one who holding the biggest coin on their supply. Now, when someone/company have a full power to control all the supply and network. Did it was really safe for everyone? I guest not, the company could be selling and make the pressure for the price. That's what's make is not really to good at all for save the coins.

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August 05, 2020, 07:00:42 PM
 #14

Even before this news that I'm about to share, I don't think that XRP is a good option to hold for long term.

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

What do you think of it? I think it's not a good sign.
These are not good signs for this project as facing some serious troubles if they are not able to handle this all then surely this project is going to be another dead and thousands of investors will lost some good amount I feel before investment we have to wait for lawsuit and then give any comment about this project is good.
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August 05, 2020, 07:13:21 PM
 #15


we know its centralize coin but seem like the price had gone up from 0.20$ to $0.30, it may still be a good investment at least if you are a long term holder. just put it this way, if you bought XRP when its price was 20 cents and keep it up to this day, you already profited 10 cents each which you can already dump for profit and just imagine if you bought 500K of it. thats a huge profit.  but no. i take that back, this coin is a scam  Grin


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August 05, 2020, 07:44:27 PM
 #16

Even before this news that I'm about to share, I don't think that XRP is a good option to hold for long term.

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

What do you think of it? I think it's not a good sign.
These are not good signs for this project as facing some serious troubles if they are not able to handle this all then surely this project is going to be another dead and thousands of investors will lost some good amount I feel before investment we have to wait for lawsuit and then give any comment about this project is good.

It is difficult to determine that a token is not good for long term investment and good only for short term. Likewise with the analysis that you build that xrp is not good for long-term investment, even though we know that in crypto everything can happen and no doubt there can be significant changes. if xrp and the team want to try to improve the performance that has been built so far so as not to repeat things that make xrp continue to fall because of the wrong actions of xrp itself.

obviously xrp is a good token and can be proud to be used as an investment, although in the way xrp is difficult to move towards improvement due to mistakes made by xrp itself, if xrp's performance can be changed then it is not impossible that there will be an increase along with the increase of bitcoin.

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August 05, 2020, 08:48:36 PM
 #17

Xrp and ripple are absolutely safe for longterm and they are the top choice for longterm holding because if you analyse last bull run you will see that xrp produced way higher returns than the top 2 coins like btc and eth so potential for xrp is legitly big.

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August 05, 2020, 09:24:37 PM
 #18

Even before this news that I'm about to share, I don't think that XRP is a good option to hold for long term.

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

What do you think of it? I think it's not a good sign.
These are not good signs for this project as facing some serious troubles if they are not able to handle this all then surely this project is going to be another dead and thousands of investors will lost some good amount I feel before investment we have to wait for lawsuit and then give any comment about this project is good.
It's a top coin yet there are things like this that do happen.

This depends to the investors discretion if they find it bad or no effect as they invest to this coin. For transfers, people who are aware how quick it is will say no comment or praise it for being like it.

Otherwise, being an investment, they can also keep quiet or say anything they want.

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August 05, 2020, 11:35:41 PM
 #19

XRP is great for the long term, but if you think about the supply of coins I still have a little doubt. But as long as it is in the top 10 of coin marketcap, I think it will still be profitable. Smiley
The coin supply doesn't matter a lot as long as the supporters and buyers or ripple can even sell their house to buy ripple. This coin is still promising in long term but I didn't believe if this coin can go to the moon as soon as possible.

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August 05, 2020, 11:59:02 PM
 #20

With the support of many banks in the world and the increasing sale of Ripple tokens to institutional investors, it is certainly good news.
Seeing this, it can be concluded that XRP for long-term hold is very safe. If you see that the price of XRP in the market is also increasing,
because XRP trading volume is also increasing, there is no need to be afraid or hesitant to invest in XRP.

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