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Author Topic: So is it appropriate for us to BUY XRP now?  (Read 833 times)
Roidz
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January 09, 2021, 03:10:01 PM
 #21

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
It's about the risk you wanna take now. The xrp as a company is in spotlight and under legal issues due to some shady deals. If you think they will come out good then go ahead but beaware of that risks that the legal issue may bring .
of course to hold XRP or not right now is absolutely in your hands and of course if you want to hold it, of course you are ready for all the risks that exist because we all know that XRP is currently in negative sentiment and of course this is not an opportunity that we have to take, for me personally holding XRP right now is too risky because it cannot guarantee that XRP will be able to win the lawsuits that it is currently facing.

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January 09, 2021, 03:25:15 PM
 #22

although recently it has become the talk because the supply is unlimited, but XRP is constantly growing and I keep my balance only 50%,
I hope that the US Securities and Exchange Commission ignores the suit and XRP will continue to grow
XRP is in pretty bad shape, and of course the SEC isn't going to let it go. but XRP still has several options they can use so that they can still run their business. more than that, xrp still has good potential as an investment if they (xrp party) are able to solve their current problem and normalize their situation
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January 09, 2021, 03:39:08 PM
 #23

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?

Invest at your own risk, losing and profit here is 50/50 chance, this is a long court battle you can still make profit but it's a big gamble for new investors or who are not a risk takers, so if you are not a risk taker, look for other coins to invest, there's a sword of Damocles hanging on Ripple right now and things can get worse anytime.

Correct! if you are not willing to gamble with this kind of risk or you are just a newbie who are aiming to find quality project to invest

your money, better to find another project and stay away. But if you have good outlook with this coin and you believe that the team

will manage to settle this problem, taking this chance is also possible in the long run.
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January 09, 2021, 03:41:34 PM
 #24

The XRP price has been insanely unstable the last few weeks ever since the SEC lawsuit emerged. Prices dropped from $0.6 USD to almost $0.2 USD and ever since been fluctuating between $0.2 USD to $0.3 USD.
Would be a huge risk if you wish to invest in XRP right now since the future of XRP is unknown. If SEC proceeds with the lawsuit, pretty much sure the price is going to tank even more. I have read somewhere that it would make XRP totally useless since as no one will be able to trade it or something.

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January 09, 2021, 04:06:48 PM
 #25

So is it appropriate for us to BUY XRP now?
You've to remember that everything in crypto is RISK, just like it is crossing a busy expressway. So, you've to identify your risk appetite and know what you can forfeit if things went wrong. Again, you should also know that any suggestion given to you here shouldn't be seen as a financial advice so you don't get emotional about it.

I think now the price will fluctuate until the situation with CEK is resolved
For a long time the price of Ripple remained under $1 until that debacle and I don't really see anything different happening, even after it is resolved. I hate to say this but that's the truth — XRP isn't the type of crypto investment that can easily give anyone a good ROI. Price hardly moves.

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January 09, 2021, 04:11:07 PM
 #26

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
Appropriate or inappropriate the call is yours to make, we all know that XRP is a top altcoin and still many chooses to let go of their holdings because of SEC involvement, we don't even know if XRP will win the war with SEC, we all believe that SEC is a project killer but XRP can't vanished I believe, not because of SEC

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January 09, 2021, 04:17:44 PM
 #27

Buy, if you like to buy.
The risk is known because of SEC and if you like to pursue it, there are still exchanges that haven't removed it. Meaning, that they're still having it but they might surprise with an announcement of removing it.
That's the risk buying XRP has now.

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January 09, 2021, 04:28:46 PM
 #28

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?

It's very risky now, the price is still not going down but it will be once more negative news starting coming up, the SEC has air tight case, and it's going to be a long court battle we don't want to be part of Ripple down fall, only die hard Ripple investors are contentiously buying and supporting  Ripple, there are a lot of Ripple shillers better look for other coins to invest.
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January 09, 2021, 04:28:52 PM
 #29

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
It's dumped again right now. There's no reason to buy this coin for long term investment. The ripple price can go down anytime and the sentiment of ripple will always come from the any news that will be released by SEC.
You must be careful with this coin as the latest pump could be a dead cat bounce as the whales was trying to attract people to get into the ripple market again.
You have a lot of legit coins other than ripple and you must be a wise person dude.  

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January 09, 2021, 04:32:11 PM
 #30

Personally, I bought xrp, I think xrp will be able to handle all the difficulties and the course will recover. But this is my personal opinion.

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January 09, 2021, 04:48:03 PM
 #31

Personally, I bought xrp, I think xrp will be able to handle all the difficulties and the course will recover. But this is my personal opinion.
Everyone is free to have their opinion in this forum, because in fact everyone wants to have further discussions on everything they know, including the XRP token, which is being discussed a lot at the moment.

For now, there is nothing really to discuss with XRP until there is something new from SEC about the lawsuit against ripple. If anything, there would have been articles already about XRP on news sites. Given that XRP is a top currency, everyone is still on the look out for something new and ready to dive in whenever there is a development of the suit. It did pump up to $0.32 though, after the dip from $0.24, that's still a big profit if someone just bought at the bbottom.

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January 09, 2021, 04:59:13 PM
 #32

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
You make it sound like buying XRP is inappropriate because of SEC going after the project, this is uncool to all investors that dump their XRP, projects can have problems along the way and that doesn't mean the project can't withstand the issue, many people thought bitcoin was a scam, bubble and Ponzi scheme, but later everyone that called bitcoin different names end up buying, XRP isn't a piece of worthless project like many new projects of today

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January 09, 2021, 05:04:47 PM
 #33

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
It is tough to say what will happen in the next movement of XRP after the SEC issue in Ripple. Surprisingly, XRP's price survives that it didn't go down to zero because there are still a few people who continue to hold their XRP and still believe in Ripple so that XRP can recover its value after it resolves its issue in SEC.

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January 09, 2021, 05:13:42 PM
 #34

Ripple had a highly manipulative week. Seems like a large bull trap to me. I don't think Ripple would be able to maintain this price unless they settle the issues out and gets relisted on popular exchanges. Not being able to trade on US based exchange is not the end but they'll miss a large manipulative market. If I were to buy, I'd wait for them to fall below 20 cents.
Now the price of ripple is at the level of 0.32 dollars and it is unlikely to seriously fall. Ripple's executives have announced that they are entering negotiations with the SEC. This means that they agree to pay the penalties. The SEC, in fact, is doing this. If the fine is paid, then ripple will be restored on the exchanges and will be able to develop further. However, the awareness that centralized cryptocurrency can be easily misused will remain.

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sana54210
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January 09, 2021, 06:04:09 PM
 #35

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
It's about the risk you wanna take now. The xrp as a company is in spotlight and under legal issues due to some shady deals. If you think they will come out good then go ahead but beaware of that risks that the legal issue may bring .
That is exactly why nobody should invest to it, that is exactly why nobody should have invested to it ever in history. It is a company ruled coin, why would anyone trust a company? How do you know one day they won't say "we are dumping all our coins and cutting all our ties with xrp, it will be a dead project" and leave? How can you know that? Maybe they will do it? At that point each xrp will worth less than 1 cent and people will cry about it and call them scammers and there will be a lot of lawsuits and they will run to Bahamas or something with tens of billions of dollars and never have to deal with anything else.

Finally, we are talking about Ripple here and not XRP, and ripple is managed by people, and as long as a currency is not decentralized enough, I do not suggest anyone to put money into it, if you want to make money there are tons of other ones.
IkonaDro4ku
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January 09, 2021, 06:33:02 PM
 #36

A court hearing begins in a few weeks and I think that until this moment you shouldn't buy them and after that it is not necessary either, there are better projects on the market. Wink
Tash
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January 09, 2021, 06:36:48 PM
 #37

A court hearing begins in a few weeks and I think that until this moment you shouldn't buy them and after that it is not necessary either, there are better projects on the market. Wink
Several one with SEC others being sued by users, others still in the works. Sent money quick courts are expensive

XavierLaurent
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January 09, 2021, 06:43:37 PM
 #38

Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?

I can't see a light at the end of the tunnel for XRP. For years it seemed that XRP had one legal issue after another, one controversy after another, losing trust in people's eyes. So if you have to buy don't buy much. If you still hodl yor coins through the bear years I can relate to you and appreciate your patience. Stay strong.
imstillthebest
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January 09, 2021, 07:07:24 PM
 #39

what is the movement of xrp that day op ? i didnt check it that day or on jan7  during the time you open your thread but i check xrp price earlier this day and i see that xrp have partially recovered .
your lucky if you have bought xrp on jan 7 and if xrp is down that day because you will be earning some profits today  but i dont know if it will continue because there is still an on going issue on xrp and that can still be a threat on its partial growth   . you need to trust your guts  , no guts no glory
tvplus006
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January 09, 2021, 07:08:14 PM
 #40

It is tough to say what will happen in the next movement of XRP after the SEC issue in Ripple. Surprisingly, XRP's price survives that it didn't go down to zero because there are still a few people who continue to hold their XRP and still believe in Ripple so that XRP can recover its value after it resolves its issue in SEC.

Despite the fact that a lawsuit was filed against Ripple, Poloniex announced a competition for traders who trade XRP: https://poloniex.com/leaderboard/xrp-futures-showdown The competition period is from January 8 to January 22, 2021. The prize fund is $15000. We see that some exchanges are not waiting for the court's decision, but are already attracting new traders to trade on their exchange.

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