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Author Topic: Will $XRP be safe for long term?  (Read 1028 times)
michellee
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August 06, 2020, 02:20:25 AM
 #21

If you want to feel safe, you don't need to invest in crypto because when you invest in crypto, you should understand that there will be a risk that you need to accept. But I think XRP is for a short term investment, and if XRP can increase in the long term, I think that will be happening in a short time, and the price can get down after touch the high price.

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August 06, 2020, 03:21:39 AM
 #22

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

I disagree. XRP is not a longterm token for holding. Ripple can be ordered to be shutdown by the government. The company behind the platform controls 99% of the validators and anyone cannot be a validator without being included in their trust list.


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August 06, 2020, 11:36:16 PM
 #23

There are large institutions behind XRP and that, despite the fact that the market values themselves move downwards, the primodial value has a tendency to recover. We know that my statements are speculations but with this information we know that XRP prices tend to increase, correcting their market value with demand.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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August 06, 2020, 11:57:27 PM
 #24

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

I disagree. XRP is not a longterm token for holding. Ripple can be ordered to be shutdown by the government. The company behind the platform controls 99% of the validators and anyone cannot be a validator without being included in their trust list.



Long term holding for XRP is quite a risk just like any other cryptocurrency out there. Since this coin is owned by private company, their fate will be dependent on the company behind it. To have a better perspective between bitcoin and ripple, you can take a quick read in the below article and gauge for yourself, which one will be of advantage in your part for long term holding.

https://www.investopedia.com/tech/whats-difference-between-bitcoin-and-ripple/

Ripple is a very promising platform because of those companies collaborating with them, but one wrong move from one of its owners will make this network fall apart. Consider that if one day, one of its stakeholders wanted to cash out his large holdings or someone from their group exited without advising the group, what would be the future of their company? It is for you to decide how you are going to take that kind of scenario, and the possibility is always there.
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August 07, 2020, 02:56:06 AM
 #25

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

I disagree. XRP is not a longterm token for holding. Ripple can be ordered to be shutdown by the government. The company behind the platform controls 99% of the validators and anyone cannot be a validator without being included in their trust list.



Long term holding for XRP is quite a risk just like any other cryptocurrency out there. Since this coin is owned by private company, their fate will be dependent on the company behind it. To have a better perspective between bitcoin and ripple, you can take a quick read in the below article and gauge for yourself, which one will be of advantage in your part for long term holding.

https://www.investopedia.com/tech/whats-difference-between-bitcoin-and-ripple/

Ripple is a very promising platform because of those companies collaborating with them, but one wrong move from one of its owners will make this network fall apart. Consider that if one day, one of its stakeholders wanted to cash out his large holdings or someone from their group exited without advising the group, what would be the future of their company? It is for you to decide how you are going to take that kind of scenario, and the possibility is always there.

Agreed if you are talking only about price. However, real decentralized cryptocoins do not hold a similar type of risk that a centralized cryptocoin holds. Ripple can be shutdown by the American government, real decentralized cryptocoins cannot be shutdown.

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August 07, 2020, 03:10:16 PM
 #26



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.

if the data is real then XRP really has a huge potential for over $ 1, if I may know, where did you get this data?
please share, this is very interesting information for me, because maybe in the future XRP will really be a hot again
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August 07, 2020, 03:15:04 PM
 #27

Although XRP is a centralized altcoin, it will still be a good choice for long-term investment. XRP is at No. 3 in coinmarketcap, and it's safe enough for you to invest and when bitcoin grows high, it will surely go up after that.

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August 07, 2020, 03:30:23 PM
 #28

There is no doubt while we talk about the Ripple investment or the price stability of the coin. As you know that XRP has a high demand in the global economy specifically in the banking institutions and the financial sectors thus, it has in the 3rd position in terms of the market cap. It is safe for the long-term as well as the short-term but you can't expect more price appreciation to get a better reward.

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August 07, 2020, 06:18:31 PM
 #29

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.

Safe! Maybe you forgot that xrp has been dumping since the last bull run. Have you ever wondered what happened to those who bought these coins for a long hold at that time? This coin made a huge gain once during the bull run. This does not mean that it will make a huge gain every time. Now that xrp is in place no one can tell which way xrp will go next. The xrp team has sold a lot of coins in the past few months/year . So if you believe in them and make an investment, you are responsible for it. Because no one will tell you the right way next.

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August 07, 2020, 11:45:04 PM
 #30

XRP is still great for long-term deposits.  because XRP is now one of the top 10 coins on CoinMarketCap.  so I think that even though the price of XRP is not as high as ETH or bitcoin but XRP is safe for the long term

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August 08, 2020, 06:42:53 AM
 #31



$XRP

Ripple looks good, has broken the Bullish Pennant to Upward and forming a Morning Star candlestick pattern. Bullish view at this coin while it holds the 2555 sats support.
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August 08, 2020, 11:55:12 AM
 #32

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.

Yes I know about that, but at least some people still believe that XRP is good in the long term. I only give opinions from the point of view, so the best decision remains with yourself. Wink
Most likely XRP will not fall below $ 0.1, if investors come when the XRP price is above $ 0.2 then that is great for the long term, but of course there are still risks. this is a cryptocurrency

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August 08, 2020, 12:06:55 PM
 #33

XRP is the 3rd rank coin on coinmarcetcap and of course XRP is among the top coins XRP has a high demand in every market and the volume of XRP is very high, It's not wrong to buy XRP now and hold on for the long term
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August 08, 2020, 12:08:24 PM
 #34

You can add a poll and put a yes or no?

Man, you can get divided answers here as some investors are not really investing on XRP as it's centralized.
IMO, as what has XRP already achieved and being in the no. 3 spot in the market now, I think they will survive, but I would not say that it's safe because in the first place we all know that even bitcoin does not guarantee we will be safe from investing on it.

The question looks like you are asking if XRP is profitable in the long run or not?
It could be a no or yes but just do your research and so you can decide on your own.

I appreciate you put a data for comparison, but XRP is only moving well this year, in the last 2 years, it's not.

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August 09, 2020, 08:41:29 PM
 #35

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

XRP had a huge support in a market and which made a sustain of that coin eventhough it not reached a maximum raise. We can find a huge rise in bitcoin, Ethereum. It was a difficult task in XRP, but had a potential. Due to it potential, traders prepare this one. Surely your invested money in Ripple will not make you lose some dollars.

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August 11, 2020, 02:25:22 AM
 #36

As we all know Ripple is a top 3 cryptocurrency, which is very safe for long-term investments. If we will analyze
It seems that Ripple has very strong fundamentals. So it is very clear that Ripple is safe for long-term investment.
To be more sure, we can see the trading chart of Ripple where the movement is slowly increasing, so in long-term it
can be very profitable.

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August 12, 2020, 10:22:32 PM
 #37

XRP is a good coin, has a clear background, and is centralized. a lot of people still hold this coin, because, in 2017, very many are benefiting from this. however, it's quite worth holding on to in the long run. it's just that, personally, I choose another coin to hold.

Everything returns to each individual in managing the coin. XRP for the short term or long term is equally good, but it is true to hold it for a long time enough to make patience explode and everyone must have the same thought.
It will all depend on the demand and we know that theres no such thing about assurance into these kind of coins neither a non-stable or stable one.It will all possibly vanished or die

in upcoming months years or decades.The word safe wouldnt really fit out into this cryptocurrency investment area even XRP is highly supported, you wouldnt know on when

investors or supporters would leave this project/coin and find for another one.So its better to invest that you can really afford to lose when you do talk about long term.

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August 12, 2020, 10:28:49 PM
 #38

XRP is still great for long-term deposits.  because XRP is now one of the top 10 coins on CoinMarketCap.  so I think that even though the price of XRP is not as high as ETH or bitcoin but XRP is safe for the long term

maybe yes, but i don't like this coin because its centralized my friend
i think its better to invest in any decentralized cryptocurrency rather than centralized crypto

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August 12, 2020, 10:58:23 PM
 #39

XRP is a good coin, has a clear background, and is centralized. a lot of people still hold this coin, because, in 2017, very many are benefiting from this. however, it's quite worth holding on to in the long run. it's just that, personally, I choose another coin to hold.

Everything returns to each individual in managing the coin. XRP for the short term or long term is equally good, but it is true to hold it for a long time enough to make patience explode and everyone must have the same thought.

If you have good amount of money and you can hold for long term this coin is good.

Speculations coming from more traders make this coin to move in any directions, with how the current market
is heading there's a big chance for this coin to explode again and make a huge value, if bull repeat itself and bring
back the last time high, that's really a good price to catch

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August 13, 2020, 02:58:34 PM
 #40

xrp for the long term is not a problem, but I think xrp has not had significant progress for the price issue. So even though holding XP long-term it doesn't lose but it's not profit either. like walking in place because the price doesn't surprise

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