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Author Topic: XRP - Buy in or Bail out?  (Read 1007 times)
wxa7115
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January 09, 2021, 05:58:30 PM
 #21

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?
If you can at least breakeven when you sell then you need to consider yourself very lucky, XRP has been performing awfully during this bull run and I do not see a reason for this to change and we do not need any more evidence of this than a comparison between XRP and BTC and ETH, bitcoin reached a new ATH yesterday and it has more than double the ATH it reached in 2017, ETH is close to its previous ATH needing only 15% to surpass it.

But what about XRP? XRP is down 90% from its ATH, as you can see its performance has been terrible and I do not see a reason why this is going to change at any point in the future.

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January 10, 2021, 01:11:29 PM
 #22

I don't think all these increases are really shows the real worth of XRP at all, it should be a lot lower. However I believed XRP to be worth a lot less before any of this happened as well. What this situation really did was to show people how XRP was tied to Ripple and people finally figured that out.

I have said never invest a single cent into centralized currencies, and people still did hold a lot of XRP for some reason, one big main reason was you were capable of buying thousands of it, and still can earn a decent amount, whereas you would get half an ETH for it, or a tiny amount of bitcoin for the same amounts. So, people figured Ripple was involved and anything bad there would be bad here as well so a lot more people left XRP world during this period, maybe it will recover, maybe it will go high again, but it doesn't have the same base anymore.
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January 11, 2021, 05:46:41 AM
 #23

fake pump for now, the real price change will happen next week because of the halt of trading activity for xrp will come near.

It's going back again to the previous position. The bullish trend of bitcoin has been making the whales try to pump XRP but the result will be the same as the price is going down again and again.
People should not try to throw their money into the coins like XRP.
This coin must be bailed out. It's not worth to take the coin that is still being accused by the regulators as investment. It's too risky.
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January 11, 2021, 05:54:08 AM
 #24

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?
Never Underestimate the capacity of SEC specially from as supercountry like america Because surely the opposite side will suffer High temperature effect.

I rather Invest in SHITCOIN than Something like Ripple that facing this Big case.

Ripple (XRP) is in the Hot Seat now and Having this in your Folio will surely brings you doubt each day.
 Sell it out and just re invest when the case finished.

fake pump for now, the real price change will happen next week because of the halt of trading activity for xrp will come near.

Exactly what I'm thinking .

This is a Fake Push and maybe for a Graceful exit ? It's very Scary every single moment for XRP holders.
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January 11, 2021, 06:15:16 AM
 #25

In this market there will always be cases like this emerging, anxiety and fear will make you lose your opportunities. I bought back XRP for $0.2 and am now happy with that decision. I am curious to see if many people here have made the same decision as myself, but i see maybe XRP will still exist and strongly influence the market.

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January 11, 2021, 06:30:39 AM
 #26

In this market there will always be cases like this emerging, anxiety and fear will make you lose your opportunities. I bought back XRP for $0.2 and am now happy with that decision. I am curious to see if many people here have made the same decision as myself, but i see maybe XRP will still exist and strongly influence the market.
But not as Bad like this case XRP has been in this trouble for Many years and they Knew it was coming yet they done Nothing to settle this instead just continue their doings .
Now that the Government is against them , the effect in business is really alerting.

Honestly i use to Have XRP in my Folio but after Sec finally file the case ? i abandoned the company in focus in legit and not so weary company .

Now my Investment is safer and silently flowing good.

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January 11, 2021, 07:10:42 AM
 #27

Personally, I might turn that into a more potent coin like ethereum. we know that the SEC's influence is substantial. I'm just afraid that XRP will get to the bottom. Well, all your decisions, until now XRP is also still standing, however, other coins seem to have enough potential to grow.

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January 11, 2021, 07:24:53 AM
 #28

I would not go as far as to bail out,,, I also have XRP been holding on for years now. But I would really advice against getting in right now if you have not already since it is really hard to tell what is going to be the outcome for this centralized thing.

Then again,,, every time there is a big bad piece of news it goes down a lot, seems to be a nice opportunity to make easy 10% or more from bounce.

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January 11, 2021, 10:28:58 AM
 #29

In this market there will always be cases like this emerging, anxiety and fear will make you lose your opportunities. I bought back XRP for $0.2 and am now happy with that decision. I am curious to see if many people here have made the same decision as myself, but i see maybe XRP will still exist and strongly influence the market.
The Ripple company announced that it is entering into negotiations with the SEC, which means they are ready to admit their guilt and pay penalties. I don't think the SEC wants anything else. The negotiations will mainly concern the amount of penalties. The executives of this company will have to pay billions of dollars and XRP will continue to exist. Before the current market drop, XRP price began to recover and hit $ 0.33 yesterday.
Yes, this coin is centralized and can be easily misused, but many will still use it, including as a means of payment due to its good characteristics.

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January 11, 2021, 10:43:53 AM
 #30

The current price in the market it seems stable for weeks now despite of the SEC lawsuit and some top exchanges are already delisted them so I think there are lot of investors are still trusted XRP so I suggest that just hold your remaining XRP and never bill out nor buy IN. Just frequently monitor the market so that you will not missed any development or you may try to learn the support and resistance scheme in trading as this will help you and guide you to decide.

If you are already trapped inside better to keep your assets and closely monitor the market movement, it's risky to add more xrp since the
issue with SEC still fresh.

You've got some opportunities with players who keeps moving this project, just need a hard nerve to take the gamble. Mkae sure to use spare money in case that you are planning to ride with this current situations, it's all about how good you assess and understand your position.

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January 11, 2021, 10:51:56 AM
 #31

Personally, I might turn that into a more potent coin like ethereum. we know that the SEC's influence is substantial. I'm just afraid that XRP will get to the bottom. Well, all your decisions, until now XRP is also still standing, however, other coins seem to have enough potential to grow.

Like you, many people are concerned about the XRP coin, whether team members are going to settle with the SEC or not we don't know if they want to settle where they will gather that much huge amount of money, whether they will dump the coin of XRP. We need to be very careful with the XRP otherwise, we might end up in huge loss.
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January 11, 2021, 10:54:08 AM
 #32

I’ve sold the rest of my XPR so no hopes

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January 11, 2021, 11:07:15 AM
 #33

This is a thrilling story and we are looking forward to its end. I have not been able to find information about the issue of XRP being shut down, to be honest, after this fact does XRP bring investors confidence, there are many big questions in me. But i am probably wondering if it will survive in this market.
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January 14, 2021, 09:40:07 PM
 #34

I don't think all these increases are really shows the real worth of XRP at all, it should be a lot lower. However I believed XRP to be worth a lot less before any of this happened as well. What this situation really did was to show people how XRP was tied to Ripple and people finally figured that out.

I have said never invest a single cent into centralized currencies, and people still did hold a lot of XRP for some reason, one big main reason was you were capable of buying thousands of it, and still can earn a decent amount, whereas you would get half an ETH for it, or a tiny amount of bitcoin for the same amounts. So, people figured Ripple was involved and anything bad there would be bad here as well so a lot more people left XRP world during this period, maybe it will recover, maybe it will go high again, but it doesn't have the same base anymore.
Why XRP was so high in terms of market cap and popularity was always a mystery to me, everyone knew it was a centralized coin controlled by banks and yet people invested in the coin as if it was as legitimate as bitcoin or ethereum and I never got it, and for the most part I always recommended people to stay away from it but they did not listen and now we are seeing the results of this, governments and their agencies will eventually attack any centralized entity of this market and that includes coins, exchanges and even miners.

So we must take measures if we want to be protected from such attacks and the easiest thing to do is to not be invested in those coins since we never know when those attacks will come.

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SaShiRaJaVu
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January 14, 2021, 11:32:13 PM
 #35

fake pump for now, the real price change will happen next week because of the halt of trading activity for xrp will come near.

It is possible that the whales and the developers who are holding a large chunk of the coins will be manipulating the market so that they could dump the coins in the market, if not there is no way that the price keeps on rallying again when there is a legal notice against them. The users should be careful as the market will dump pretty fast if they cannot resolve the issue with the SEC.
seramania
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January 15, 2021, 03:07:44 AM
 #36

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?
I myself prefer not to be in XRP, because we know XRP is not convincing, if I myself will choose a strong coin or token in the market and there are no problems whatsoever.

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OscarDavidson
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January 15, 2021, 03:52:31 AM
 #37

Yeah, we need to be careful with XRP investments and predict all the risks we can be affected by after XRP purchasing now. I know the Ripple crew doing their best to resolve current issues but the future of XRP is still uncertain. A lot of platforms have already delisted this asset from the list. I would rather use some advice I've found on this topic and pay my attention to other coins.
malcovi2
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January 15, 2021, 08:23:00 AM
 #38

fake pump for now, the real price change will happen next week because of the halt of trading activity for xrp will come near.

It's going back again to the previous position. The bullish trend of bitcoin has been making the whales try to pump XRP but the result will be the same as the price is going down again and again.
People should not try to throw their money into the coins like XRP.
This coin must be bailed out. It's not worth to take the coin that is still being accused by the regulators as investment. It's too risky.
bullish trend? its a fake pump, just wait in the few days because exchanges will halt its trading US customers will dump their holdings.

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January 19, 2021, 05:09:43 PM
 #39

fake pump for now, the real price change will happen next week because of the halt of trading activity for xrp will come near.

It is possible that the whales and the developers who are holding a large chunk of the coins will be manipulating the market so that they could dump the coins in the market, if not there is no way that the price keeps on rallying again when there is a legal notice against them. The users should be careful as the market will dump pretty fast if they cannot resolve the issue with the SEC.
It has been known for a very long time that ripple whales are holding a significant amount of the supply and that they can crash the market any moment they want, the only reason they have not done so is because people have lost faith in ripple and even during this incredible bull market that we are experimenting ripple has not wrong at all so they didn't had the chance to drop their coins on unsuspecting users.

And now that the SEC is investigating them then I really think that ripple is in big trouble, I do not really see this coin recovering because one of the most important aspects of any coin regardless of the technology behind it is the trust that people have in it and ripple has betrayed that trust.

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January 19, 2021, 07:04:22 PM
 #40

SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?

It's pumping and still active but it's hard to trust it anymore since we have all found out that it's a centralized coin. Anything could happen and the price could be manipulated easily so it would be a big risk. Their reputation isn't clean anymore so I would prefer to invest with potential and reputable decentralized coins.
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