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Author Topic: XRP - Buy in or Bail out?  (Read 1014 times)
Question123
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January 23, 2021, 05:13:38 AM
 #61

Honest. I wouldn't be foolish to keep XRP in my basket at this point. The only thing I see, XRP will get through this tough time as an affirmation.
If it fails in the war with the SEC, with XRP in TOP 10 markets, its impact and consequences will be huge.
Ideally, observe carefully and buy only a few.
It depends to you what ever your decision what you gonna do to your RIPPLE because that is your own money and we do not blame anyone for selling their xrp because right now people have doubt about what will next happen to this coin. As of now I did not feel the impact to the price maybe in the next few weeks or months we will see the changes.
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January 23, 2021, 05:54:23 AM
 #62

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?

yeah i heard if a big exchange such as kraken delists this coin
and thats will not good for xrp, seems i will stay away from this coin now
Lol But Binance did not delisted XRP instead only Banned from depositing yet withdrawal is available .

But if you Love your funds then better go Out now and find other reliable coins for now , I knew that at some time XRP will recover but How long?
Unless you are ready to wait months or even years then Go invest and continue Holding XRP.

But be ready if one day Government will seized all the XRP coins and held on their positions.
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January 23, 2021, 06:04:59 AM
 #63

Honest. I wouldn't be foolish to keep XRP in my basket at this point.
If you are a Risk taker trader ? i don't see any reason why not Investing and Holding this coin? it drops almost lowest value .
Quote
The only thing I see, XRP will get through this tough time as an affirmation.
but this will test How tough and capable XRP, if they survived this one then they will surely attract more investors and supporters.
Quote
If it fails in the war with the SEC, with XRP in TOP 10 markets, its impact and consequences will be huge.
Ideally, observe carefully and buy only a few.
It is dropping now slowly , from Rank number 3-4 now it is at 5-6 and maybe there is more to come in the next months.

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January 23, 2021, 07:28:09 PM
 #64

SEC issue is really tough to convince more people to invest for now, specualtions and with how the market for this project are moving, it's better to choose other project to place your money.

If you have coins inside your wallet either to decide now or just keep it and take the risk sparing the money to unsure future, hope for luck that the team may able to surpass this problem and bring another good day for this project.

If you can keep yourself away for now best to consume your time finding other alternative coin
or chase bitcoin and Eth both are good for short and long position.
It was an easy choice to get out and that is what people did, that is why the price crashed, we are talking about the currency that was 21 cents at the start of 2020 and after a whole year of coins going 3x-5x even as much as x10, we are at a place where XRP made just 20% increase, you may think that is fine but it was basically a horrible thing during such a huge bubble. If bitcoin and all others drop one day, XRP will drop more too, that means we are going to probably see under 10 cents with XRP if we are barely at 27 cents on the biggest bull run of crypto history.

I would rather not do anything major right now but getting out of XRP is an easy decision right now, nobody should have any trouble with that. I personally would suggest going to ETH if you can, they are still doing horrible with the fee situation and the moment thats fixed we are going to see an unbelievable increase in ETH price.

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January 23, 2021, 09:39:29 PM
 #65

If you are a Risk taker trader ? i don't see any reason why not Investing and Holding this coin? it drops almost lowest value .
There are several other coins in the market if you are willing to take the risk, XRP is not the coin right now to take risk with your investment as the lawsuit against them is hard to prove and many of their business partners especially the banks who collaborated with them will be distancing from them to avoid getting into trouble and it is not a promising sign to risk your investment.
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January 23, 2021, 11:36:36 PM
 #66

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?

XRP is still listed on major exchanges, you shouldn't worry about this, Binance, Coinbase still keep XRP and it's still trading,
even though they still cover deposits and withdrawals, XRP is still the top altcoin according to coinmarketcap,
just do accumulation, and don't sell cheap , because the XRP pump price could be like a rocket!.

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January 25, 2021, 10:32:03 AM
 #67

Some of the cryptocurrency investors are expecting XRP to continue the long-term decline that's seen it lose over 90% of its value since its early 2018 highs.
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January 25, 2021, 11:57:23 AM
Last edit: January 25, 2021, 12:21:00 PM by marcbitcoins
 #68

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?

XRP is still listed on major exchanges, you shouldn't worry about this, Binance, Coinbase still keep XRP and it's still trading,
even though they still cover deposits and withdrawals, XRP is still the top altcoin according to coinmarketcap,
just do accumulation, and don't sell cheap , because the XRP pump price could be like a rocket!.

I believe that XRP will still hold back even during the lawsuit, we should not forget that most of XRP trading is done outside US, therefore whatever the SEC says only effects XRP for United States users but not the whole world users in general. There is just a dark cloud hanging above XRP while this lawsuit is active but I strongly believe it will survive.
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January 25, 2021, 05:27:18 PM
 #69

Some of the cryptocurrency investors are expecting XRP to continue the long-term decline that's seen it lose over 90% of its value since its early 2018 highs.
Ripple is banking projects so anytime they replace the previous growth of crypto economy. Already number of investors are move to other projects because of proper growth is maintain in Ethereum and some other altcoins also rapid growth in the market. So hunters are skip the reddish line platform. I hope it will stop soon and again XRP will occupy more marketcap.
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January 25, 2021, 05:44:20 PM
 #70

There are several other coins in the market if you are willing to take the risk, XRP is not the coin right now to take risk with your investment as the lawsuit against them is hard to prove and many of their business partners especially the banks who collaborated with them will be distancing from them to avoid getting into trouble and it is not a promising sign to risk your investment.

Agree. There's too much risk for XRP right now with the SEC lawsuit. You could lose everything in an instant as XRP becomes de-listed from several crypto exchanges. This will cause prices per "coin" to decline at a fast pace. I wouldn't be surprised if XRP goes as low as $0.01 USD within the upcoming months. You're better off investing in a decentralized cryptocurrency than a centralized one (XRP) subject to manipulation, corruption, and fraud by a single entity. With alternatives like Bitcoin, and Ethereum, you'll feel confident that your investment is safe from third-party intervention. XRP is now witnessing the negative effects of centralization, as it becomes easy enough for governments to destroy it. Decentralization is the only path forward for ensuring sound money to the world outside the scope of central banks and governments alike.

Nonetheless, getting in or out of XRP is a decision you'll have to make as an investor. If you choose to stay, you'll accept the risks of investing in a "cryptocurrency" that could go down the drain in an instant. You'll be free from said risks if you get out now. That's my advise. For what I know, anything can happen in this strange and bizarre world of crypto. Just my thoughts Grin

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January 25, 2021, 06:24:22 PM
 #71

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens

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January 25, 2021, 07:23:14 PM
 #72

Actually, regarding XRP, it is clear that this coin is in trouble with the law, so we should avoid investing in XRP. If we still have XRP, we should
sell it immediately, because it is very risky to invest in XRP. Let XRP solve the problem first, If the decision is out of court and XRP found not guilty,
then you can decide to return to investing in XRP again. But for now, we should really avoid investing in XRP, and it's better to choose investing
in other coins.

I think we are seeing the beginning of the end for ripple and I do not think I am exaggerating, I took a look today at the coins ordered by market cap and ripple is now sitting at number five, polkadot has surpassed ripple which is huge, there was even a time in which ripple was the number two coin in the market and now it is number five.

How long is it going to take for ripple to fall outside the top 10 if this continues? Chainlink is very close and it may be the next coin to surpass it and if it keeps falling more people will begin to sell and forget about it which is a death sentence for a coin like ripple.
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January 25, 2021, 07:35:11 PM
 #73

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens
It is what it is. Many of us think of the same thing as you that while there is an active lawsuit, we're all uncertain about it. But the others like taking risks much even if there's a lawsuit.
They're buying the dip as they say. But to me, that's too much risk that I can't attain but they justify that as long as it's down and you still have exchanges supporting, they're good to it.

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January 25, 2021, 07:41:39 PM
 #74

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens
the problems that XRP faces are too detrimental so many large exhanger delist xrp and keeps prices down considerably what I know until now there is no solution about the lawsuit if xrp wants to get back up at least xrp can withdraw demands experienced, I agree with you better wait and don't buy now too risky

This is really a matter of concern. The exchanges have delisted xrp for us customers, for other customers almost all the exchanges have xrp trading. There is an uncertainty among everyone about the state of Xrp coming back from here.

Some big traders are buying xrp, I don't know on what basis they are buying, maybe they know in advance what could happen to xrp in this lawsuit. But if xrp can get out of this situation, it will be interesting to see the impact on the market.

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January 26, 2021, 11:19:17 AM
 #75

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?

Ripple is both a currency and a platform. The Ripple platform is curated to facilitate an efficient flow of transactions, and the platform's currency is known as XRP. if you really have faith in xrp, do not hesitate to trade this coin

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January 26, 2021, 12:01:29 PM
 #76

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens
It's better for the people who have the intention to buy this coin to hold it.
The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.

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January 26, 2021, 01:13:18 PM
 #77

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens
It's better for the people who have the intention to buy this coin to hold it.
I don't think it reasonable to advise people to investment in XRP when they have a legal problem with US SEC and reply make me think you don't understand the gravity of the rules and regulations broke by the ripple company though the judge will impose a penalty, in the end, it will be a maximum amount of penalty which mean XRP maybe ask to pay  $2.6 billion that's if the judge is fair with the company.

The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.
Newbies will be lost with your response going front and back. However, if it happens that the company succeded people won't miss the chance to buy low cause the crypto market will be in blood bath season when the XRP lawsuit is fixed but buying now it not good.
Note: I don't support invest in the coin even when it has no legal issue.

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..PLAY NOW..
LordShanken
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January 26, 2021, 11:50:17 PM
 #78

There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens
It's better for the people who have the intention to buy this coin to hold it.
The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not.
Avoid dealing with the high-risk coin like ripple.
People should never lose their mind to buy the crap security coin like ripple.

If you think the trial will take a year or two, it is not good advice that those who want to invest in it keep it that long.
If someone believes that XRP will win the lawsuit in such a long period, in my opinion he should resell it now and try to buy it back much cheaper in a few or a dozen months.
Anyway, I personally believe that this is the end of XRP, but everyone should decide what to do with it by himself.
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January 27, 2021, 12:36:03 PM
 #79

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?

Let's start with the fact that XRP should not be called a cryptocurrency because it is a centralized coin. This means that its developers can create any number of them at any time.
Ask yourself whether you want to invest in such a risky coin.
As for me, I'll always stay away from XRP.
Yes exactly i never traded XRP till date because as you said its not holding any true value of Decentrelised network . Nothing is transparent this coin created speculation by giving newses and pumping xrp . I neither believed on this nor in future

LordShanken
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January 27, 2021, 01:16:37 PM
 #80

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?

Let's start with the fact that XRP should not be called a cryptocurrency because it is a centralized coin. This means that its developers can create any number of them at any time.
Ask yourself whether you want to invest in such a risky coin.
As for me, I'll always stay away from XRP.
Yes exactly i never traded XRP till date because as you said its not holding any true value of Decentrelised network . Nothing is transparent this coin created speculation by giving newses and pumping xrp . I neither believed on this nor in future

We should repeat this every time we can. The idea of this project is completely against the ideology of cryptocurrencies. In my opinion, this coin should not be listed on Coinmarketcap among cryptocurrencies at all.
However, I think its end is near. This is confirmed by the increasing number of exchanges, which removes it from the tradable coins list. I think XRP will die in natural way. Stay away from XRP if you don't want lose money.
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