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Author Topic: Is XRP worth buying in 2020, 2021, and beyond?  (Read 226 times)
bigvito19 (OP)
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December 24, 2020, 09:40:16 AM
Last edit: December 24, 2020, 12:31:06 PM by bigvito19
 #1

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
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December 24, 2020, 09:44:15 AM
 #2

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.

The risk is so high right now due to some events that they might possibly sued by SEC and some of exchange are delisting it now so I think there's more major effect coming from it. But if you want to take the risk better wait for more dip since for sure we will see more dumping as more bad news coming from XRP right now.

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December 24, 2020, 09:52:32 AM
 #3

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.

The risk is so high right now due to some events that they might possibly sued by SEC and some of exchange are delisting it now so I think there's more major effect coming from it. But if you want to take the risk better wait for more dip since for sure we will see more dumping as more bad news coming from XRP right now.

Yeah it doesnt sound very promising for XRP in the immediate future.  Even though recent price dropped down to $.22 and now trading for $.27. 

The issues with the SEC is causing partners to distance themself from XRp specifically Moneygram who was one of their biggest supporters now saying they dont even need the Ripple platform to accomplish trading. 

Here is release from Moneygram- https://www.prnewswire.com/news-releases/moneygram-statement-on-the-sec-action-against-ripple-301198284.html

 

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December 24, 2020, 09:53:23 AM
 #4

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
It's not worth investing in ripple. If you have been watching the forecast that already published by wallet investors if ripple can go to the a few cents only from now and why do you still ask people about this? couldn't you see that if that meant the price if ripple will be going down gradually? As far as i can see if even when there will e bad news before next year and it could make ripple dead asap.
You should not bet on the forecast prediction but you must see that from the fundamental.

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December 24, 2020, 10:02:39 AM
 #5

Is Ripple worth investing in 2020 and beyond?
2020 is about to end and things didn't looked good for XRP.

According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
When this prediction came out? what's the link for this article? the price prediction has to dump XRP for 10 times. $0.27 is the price that you can see today.  A big plummet because of the trend news that it has against SEC. That's a bearish prediction for XRP and if you consider that opinion, no need to be curious of it.

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December 24, 2020, 10:25:09 AM
 #6

I don't even bother with XRP anymore, there's just too many better alternative out there that's truly decentralized as well. I don't see the point of using XRP honestly except for sending money I guess?

If it's for long-term investment, Bitcoin far outperform XRP in many aspect and is significantly less risky than XRP.
Honestly, I can't even figure out what people really use XRP for, I mean its quirk.

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December 24, 2020, 10:38:04 AM
 #7

I don't even bother with XRP anymore, there's just too many better alternative out there that's truly decentralized as well. I don't see the point of using XRP honestly except for sending money I guess?

If it's for long-term investment, Bitcoin far outperform XRP in many aspect and is significantly less risky than XRP.
Honestly, I can't even figure out what people really use XRP for, I mean its quirk.

Quote
Honestly, I can't even figure out what people really use XRP for, I mean its quirk.
you already said it earlier on your post .the main use of xrp is for sending money and nothing more  . i dont see it as a good coin for holding even for long term , if you will waste time waiting and hodling why not pick better coins that will make your effort worth it .

i believed on xrp before but after hearing those recent bad news about xrp i think im going to skip this coin for a while but anyway what about those spark/flare that said to be accompanied by xrp , is that over ? and will that counter the negativities that sorrounds xrp .
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December 24, 2020, 11:01:41 AM
 #8

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
In fact, I feel surprised when they predict things that will not necessarily happen in the next 5 years, indeed XRP tokens are in big trouble right now, but that doesn't mean they will not be able to rise again from adversity, although it is likely that it appears at the time This token looks like it will experience death, but it is not worth saying because we are not gods who can know the future.

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December 24, 2020, 11:12:28 AM
 #9

Risk is part of investing they have many people who are taking this risk to earn money even other people say it is not good to invest they still investing like investing in altcoins you need to take a risk so you will ear money.

XRP is good coin and for sure in the future it will good the value and I still investing to this coin even in this year or next year I will keep investing because I believe the value will rise more.
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December 24, 2020, 12:02:04 PM
 #10

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
I don't use any crypto forecast platforms to make decisions on which project to buy or hold, since 2017 almost all of the forecast from different platforms are wrong, XRP is facing some challenges this time around with SEC and that's why the price is down, some weak hands let go due to fear, this isn't the end for XRP and I believe it will perform better after the hassle

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December 24, 2020, 12:24:05 PM
 #11

Risk is part of investing they have many people who are taking this risk to earn money even other people say it is not good to invest they still investing like investing in altcoins you need to take a risk so you will ear money.

XRP is good coin and for sure in the future it will good the value and I still investing to this coin even in this year or next year I will keep investing because I believe the value will rise more.

I don't know what to think about XRP, there're to many shady things about XRP... I see there're people who strongly believe in XRP future, they can be loud, but I never saw some valid arguments for any of their claims! Except yelling around that the price will hit $10 (some mentions even higher prices), nothing massive happening with XRP, the same old, same old...
With one thing I agree with you, risk is part of investing! So people who check XRP and find it interesting they should invest!

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December 24, 2020, 01:11:38 PM
 #12

Maybe you can wait for a while because XRP has dropped too deep because of delisting coins from the market. You can search for another coin to buy, and I am sure that you can find many coins that have the potential to increase. But if you still want to buy XRP, you can wait for more until the price can stay at a low price because the price now still goes down. So be careful when you want to buy XRP.

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December 24, 2020, 01:49:57 PM
 #13

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.

after the news about SEC suing Ripple, then I think it is better for the time being that we don't invest in Ripple first until Ripple problem with SEC is resolved, because it's too risky to invest in Ripple right now, but if you think Ripple will increase very high in the future and you are ready to take the risk by investing in Ripple, then it is your choice to invest in Ripple.

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December 24, 2020, 02:15:42 PM
 #14

In my opinion, the bigger the market, the greater the investment risk and as we can see XRP has a large market volume and strong hands. So the change to overcome the resistance and double the mirror is very big or there is the possibility of reducing it as we are now selling it.

Investing in XRP itself has become something professional.

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December 24, 2020, 02:19:46 PM
 #15

I think it is very risky to invest in XRP now and next year. Maybe short trading can still be done, given the large volume. But I think investing in XRP is very risky. The risk is very high when buying XRP coin considering the current problems are not necessarily profitable for Ripple. Better to invest in other coins, and more profitable Bitcoin and Ethereum.

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December 24, 2020, 04:42:37 PM
 #16

I think it is very risky to invest in XRP now and next year. Maybe short trading can still be done, given the large volume. But I think investing in XRP is very risky. The risk is very high when buying XRP coin considering the current problems are not necessarily profitable for Ripple. Better to invest in other coins, and more profitable Bitcoin and Ethereum.
Ripple is not worth to be considered as investment even when it has not yet sued by SEC. RIpple offers nothing to its holders. It's only a crap coin. I remember ripple wanna try to did IPO and that means the ripple team has no intention to bring utility to its coin.
It's a scam coin. IDK why there are still XRP holders didn't even aware about what they have got from holding their ripple. That's strange.

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December 24, 2020, 05:45:23 PM
 #17

At present its not the right time to buy XRP as we all know SEC charges against XRP. I don't think so it will drop to a $0.02 price but if Binance delists the XRP then certainly there will be a huge impact on the value of XRP. In my opinion, XRP will fight back and regain its value but it takes time for now.

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December 24, 2020, 05:56:20 PM
 #18

You forgot to mention that these are just predictions, none of them is just valid because no buddy can really forecast the "real" graph movements. We already know that XRP is in a bad situation even with this case that just popped up. I've seen Veritaseum in the last months which faced a SEC case too and even with that situation, they managed to get alot of pumps and then a real dump came. It's not clear and i can't say anything about this, it's truly a game of luck now.
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December 24, 2020, 06:02:11 PM
 #19

Is Ripple worth investing in 2020 and beyond? ... According to the online forecasting service, WalletInvestor.com, XRP is a “bad, high-risk 1-year investment” option. In one year, the price of the coin is expected to fall to $0.02 by December 2020. In five years, they predict this cryptocurrency to trade at $0.029 in February 2025.
If they are able to clear SEC charges or atleast come to some agreements with the regulators then i still have hope that xrp will quickly recover and can continue its uptrend but usually SEC proceedings take quite a long time so there is nothing much short term.

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December 24, 2020, 06:09:00 PM
 #20

I’m starting to believe that it could be the biggest scam in crypto just space like others said. Well if Ripple will manage to get out of this mess they are lucky if SEC will ease their agony. But for now we better stay away from it at the moment because we are ao unsure of its future.
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