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Author Topic: What people swapping their XRP investment for.  (Read 320 times)
DIA7 (OP)
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December 29, 2020, 10:45:47 AM
 #1

After the tweet of Coinbase that they are going to suspend the trade of XRP. The price of XRP lost some instant value.
That made me think what is most of Ripple investors swapping their XRP for so this pic shows you when Coinbase announced their suspension and here is their aftermath on the chart


And at the same time both Cardano and Polkadot saw a small pump just after the XRP Dip



This means that people think of those two currencies as an alternative for Ripple and and it's very likely to see their value grow even more if more bad news gets to XRP.
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December 29, 2020, 12:33:12 PM
 #2

I do pity retail investors here, most of the whales have the private information that CoinBase is going to announce XRP trading suspension and have sold their stash already. If Asian exchanges start delisting XRP tokens then I don't know what is left for Ripple team, they have sold wind to people

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December 29, 2020, 01:37:32 PM
 #3

I do pity retail investors here, most of the whales have the private information that CoinBase is going to announce XRP trading suspension and have sold their stash already. If Asian exchanges start delisting XRP tokens then I don't know what is left for Ripple team, they have sold wind to people

If there is also country from Asian that will file a case against XRP like what SEC do This is the only reason it can be delisted there. and that will be the lost to  xrp because most of the supporters and users of XRP are from asian country and they use it as an alternative to remittances. So if something like that happen it will be the end of journey of XRP.
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December 29, 2020, 01:40:23 PM
 #4

Drop on price does not start after Coinbase delist ing XRP. XRP pump hard before that announcement due to spark token airdrop hype. It slowly dumping after the airdrop distribution since its already overbought. Coinbase announcement just intensifies the dump pressure of XRP to the fullest.

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December 29, 2020, 03:03:36 PM
 #5

XRP is taking a real beating at the moment, it’s hard to see how it will recover from here. If anybody is still holding I suggest you diversify into something else & very quickly. I don’t like to see anybody losing money.

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December 29, 2020, 03:10:33 PM
 #6

XRP is taking a real beating at the moment, it’s hard to see how it will recover from here. If anybody is still holding I suggest you diversify into something else & very quickly. I don’t like to see anybody losing money.

it is certainly not a good moment for XRP, but I am on the sideline, do not want to jump to any conclusion that XRP will die or be distinct, SEC made their arguments, exchanges are taking the avoid risk approach and suspend or delist the token
if, and when, the situation around the process resolve, XRP could find final destination up or down, and will be good for buy, if the situation resolve positively, and good for trash, if the situation is negative, I am not sure what will be, and it is better to stay on the sideline and wait
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December 29, 2020, 03:11:42 PM
 #7

I am thankful that I had already sold ny XRP, all of them for a fare amount of money. Im in need so I have been in a lucky position, not that I ended up using all the money. I bought some ADA and ETH and I am already at the winning side. Better for the other folks to think about selling it too, it's not too late to lose them all.

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December 29, 2020, 03:12:12 PM
 #8

XRP is taking a real beating at the moment, it’s hard to see how it will recover from here. If anybody is still holding I suggest you diversify into something else & very quickly. I don’t like to see anybody losing money.

we can't really avoid that with the issue with XRP I really think they would recover from that, well as with the images posted by the OP, I really think that the POLKADOT is really good investment, I've been hearing that coin lately and I was thinking that it is a good investment aside from bitcoin.

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December 29, 2020, 03:39:36 PM
 #9

I think that some of the investors will be rushing to buy Cardano, Ethereum, Nem and litecoin. These are the safest pairs and tokens / coins to buy at these moments. Especially Ethereum after that jump from 650$ to 740$. I am expecting Ethereum to be at 800+$ in the upcoming weeks which seems really getting achieved. You might invest now but try to spead your investment, never jump into one coin only.
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December 29, 2020, 03:42:30 PM
 #10

Always been keeping an eye on Cardano/Stellar but can these really reach $1+ stable ?

I know Cardano has in 2017 for a short time but with their huge supply I feel they never will moon as much as others.

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December 29, 2020, 07:46:42 PM
 #11

Where is the proof ~LOL

Come on, all other cryptocurrency value was also grown you can see on Ethereum and other cryptocurrency. It's the altcoin party time section baby! keep the bitcoin stable so we can drive the party to the moon.

This gain not from XRP.

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December 29, 2020, 07:57:51 PM
 #12


There is no proof to it, its just him thinking the money is put to some other altcoins including Polkadot and ADA. Holders just shills the tokens they hold therefore he must have some of them. If he holds  CELSIUS, he would have mentioned it too.

I will just assume as well that they are putting it to BNB. Its easy to decide to put to BNB when youre in binance exchange.

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December 29, 2020, 08:10:39 PM
 #13

I am thankful that I had already sold ny XRP, all of them for a fare amount of money. Im in need so I have been in a lucky position, not that I ended up using all the money. I bought some ADA and ETH and I am already at the winning side. Better for the other folks to think about selling it too, it's not too late to lose them all.
You made the right decision selling all the Xrp you have before it's too late. After Coinbase deleted the Xrp list on their platform, it had a huge impact on the Xrp price drop in the last 24 hours. Xrp has currently been hit so as soon as possible among those of you who still have Xrp, then immediately replace it with another top coin.

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December 29, 2020, 08:22:13 PM
 #14

XRP is taking a real beating at the moment, it’s hard to see how it will recover from here. If anybody is still holding I suggest you diversify into something else & very quickly. I don’t like to see anybody losing money.

It was to be expected after US SEC file a case against Ripple. US base exchanges will surely delist XRP, sadly XRP holders don't have any choice but to sell their XRP to minimize the possible losses.  I think 1 more major exchange delisting XRP will make its price crash even harder. 

I think that some of the investors will be rushing to buy Cardano, Ethereum, Nem and litecoin. These are the safest pairs and tokens / coins to buy at these moments. Especially Ethereum after that jump from 650$ to 740$. I am expecting Ethereum to be at 800+$ in the upcoming weeks which seems really getting achieved. You might invest now but try to spead your investment, never jump into one coin only.

Eh.. why not Bitcoin instead of those altcoins?  I think it is much safer to move their fund in Bitcoin, then buy altcoin after the Bitcoin bull market ends. 

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December 29, 2020, 08:29:23 PM
 #15

Ripple's rise was due to spark airdrop and if you would have noticed that the value started to crumble post 12th December and it would be tough time for investors who were HODling ripple post 2018 bearish market as well as those who invested after the sudden surge due to spark airdrop. Most of the Ripple's investment will be transferred to Bitcoin as it's bullish and people can't think of any other option during this difficult situation. If other exchanges follow footstep of coinbase it would be worse for Ripple and investors.
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December 29, 2020, 08:34:55 PM
 #16

If there is advantage to trade on the exchange you are holding the coin at the moment just sell for any price. More exchanges are announcing date of delisting the coin. There is fear for more regulation in coming year especially for Teams with fraudulent past yet among the top 100 coin on the market cap. Regulation has its advantage on confidence in new investors .

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DIA7 (OP)
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December 29, 2020, 09:36:59 PM
 #17

Where is the proof ~LOL

Come on, all other cryptocurrency value was also grown you can see on Ethereum and other cryptocurrency. It's the altcoin party time section baby! keep the bitcoin stable so we can drive the party to the moon.

This gain not from XRP.
it's not a proof is just a speculation of what is the direction of most of the XRP investors that are currently trying to sell their tokens and they will most likely to buy a coin in the top 10 in the market and aside of Bitcoin and Ethereum there is only Litecoin ,Cardano and Polkadot with the last two been a more scalable coins that have potential to progress more.

Cardano is considered a Ethereum killer (it's not yet there but they are seeing progress)
Polkadot is the new hot thing on the block that have been co-founded by Gavin Wood whom was a co-founder of Ethereum.
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December 29, 2020, 11:12:22 PM
 #18

After the tweet of Coinbase that they are going to suspend the trade of XRP. The price of XRP lost some instant value.
That made me think what is most of Ripple investors swapping their XRP for so this pic shows you when Coinbase announced their suspension and here is their aftermath on the chart


And at the same time both Cardano and Polkadot saw a small pump just after the XRP Dip



This means that people think of those two currencies as an alternative for Ripple and and it's very likely to see their value grow even more if more bad news gets to XRP.
If we have to judge with the increase in price of coins in recent days then we can say that the money from xrp has significantly flown into dot, eth, ltc, bch and ada and in coming weeks we can see a sharp surge in more alts.

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December 30, 2020, 12:12:53 AM
 #19

Where is the proof ~LOL

Come on, all other cryptocurrency value was also grown you can see on Ethereum and other cryptocurrency. It's the altcoin party time section baby! keep the bitcoin stable so we can drive the party to the moon.

This gain not from XRP.
it's not a proof is just a speculation of what is the direction of most of the XRP investors that are currently trying to sell their tokens and they will most likely to buy a coin in the top 10 in the market and aside of Bitcoin and Ethereum there is only Litecoin ,Cardano and Polkadot with the last two been a more scalable coins that have potential to progress more.

Cardano is considered a Ethereum killer (it's not yet there but they are seeing progress)
Polkadot is the new hot thing on the block that have been co-founded by Gavin Wood whom was a co-founder of Ethereum.

We can speculate that way as traders will keep finding potential coins to recover from this failed investment, those who invested from the last time pump.

They are potentially moving their coin to another alts, coins that they can invest in and try earned in a small way, there are many projects but what we've seen there are several coins that moving along with bitcoin.

This kind of action are normal divert in your quest of trying to earn out from your
investment.

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December 30, 2020, 01:19:44 AM
 #20

There are so many fishes on the ocean why settle for something that will collapse soon. For those who got rekt, that's part of trading they must cut their losses unless there is a miracle happened here and ripple win this case against sec. Surely there will be a massive buybqck when this happened. But most will fall on panic selling with such delisting happening on different exchange is quite a really worry some feeling.

Cardano and polkadot are both good alternative but I'm thinking on staying on eth instead.

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