Why are people still buying XRP?

[ChrisPop]

I bet there are still plenty of people out there that trade XRP and haven't even heard about the lawsuit. Others might think this is a good R:R trade if Ripple Labs manages to somehow win the case which is very unlikely. Others are just purebred gamblers haha

[Congyang]

it looks like that person is the type of person who still hopes with xrp or a beginner who doesn't know about xrp in detail. So for anyone who already knows XRP and is not interested, my advice is don't buy and allocate assets for other tokens that have the potential or you won't get a profit

[seleme]

It seems people believe in XRP and thinks XRP can be one of the best altcoins in the future. l think there is a really good chance for XRP to be among the best altcoins. But people who want to buy XRP for making good money should wait for a bit long time. That is why XRP is a good choice but for long term investing. It will take a long time for XRP to get a good price. XRP and SEC issues can go longer than 5 years if the court doesn't solve this quickly. The issues will remain for a year and this problem will not let the XRP investors pump the altcoin to old ATH. Unless bulls get aggressive on market, the $0.5 will be a dream for XRP investors and the trades will go underwater, in my opinion.

[makishart]

it looks like that person is the type of person who still hopes with xrp or a beginner who doesn't know about xrp in detail. So for anyone who already knows XRP and is not interested, my advice is don't buy and allocate assets for other tokens that have the potential or you won't get a profit

The majority of them are still the longterm supporters of XRP. That being said if the loyal supporters of XRP are not moving yet to the another altcoins.
They will be moving when the price of ripple will touch zero value. When the new SEC chainman will be continue to suing it again and i do believe these loyal supporters will be slowly liquidating their XRP.

[pinggoki]

yes because Ripple is still a part of cryptocurrency, even though they have bad rumors and are still being investigated by the SEC, Ripple still has a strong community, dumps can happen because of the outflow of market capital by traders, but investors still believe in Ripple until everything resolved by the SEC

The thing is that why people are still buying xrp although the xrp will be suspended by January 19 in some exchangers? And also it will be suspended in coinbase. The depositing and withdrawal of xrp will be suspended, why people are still buying xrp? This is not because xrp or ripple is still part of cryptocurrency but the people are looking it as an major and long term investment. I thought that this would be probably the main reason why people are still buying xrp although it will be suspended soon.

[Coinsfera]

Most likely, they think XRP prices will hit the moon as the SEC lawsuit closes in favor of Ripple.

[Novatech8]

I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

The higher the risk the higher the reward, lawsuits my foot, what makes crypto a fun place to be is the risks involved, XRP is a top altcoin project and it's the first that SEC will go after, there hasn't be any top project that SEC went after, what makes you think that XRP won't be victorious here?

[tvplus006]

I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

The higher the risk the higher the reward, lawsuits my foot, what makes crypto a fun place to be is the risks involved, XRP is a top altcoin project and it's the first that SEC will go after, there hasn't be any top project that SEC went after, what makes you think that XRP won't be victorious here?

Now, many countries are opposed to the SEC's requirements, which will be happy to see the Ripple campaign in their jurisdiction. I'm not a fan of XRP, but I see this lawsuit story as a good opportunity to make a profit. And those who managed to navigate correctly, bought coins for 17 cents and now hold XRP coins with a small profit by setting a stop loss.

[777Jolami]

Most likely, they think XRP prices will hit the moon as the SEC lawsuit closes in favor of Ripple.

That is a good reason.  but I have more reason, covid - 19 - the banking chains of most countries stall and cash is gradually being limited is to reduce covid -19 infection problems.  They buy xrp and it's completely free to use and transfer money.
Good sign when the xrp value drops and just waits for the report to be removed from the SEC.

[Mahdirakib]

I bet there are still plenty of people out there that trade XRP and haven't even heard about the lawsuit. Others might think this is a good R:R trade if Ripple Labs manages to somehow win the case which is very unlikely. Others are just purebred gamblers haha

But I believe all of the xrp trader have heard about the lawsuit. Even a newbie investor might heard about it. Cause xrp price have fallen down sharply while whole crypto market was moving forward. Probably everyone searched for the reason when it happened. So the matter shouldn't be unknown to any traders. Maybe few people believing that ripple will win the case in court. Or they are purebred gamblers as you said. And taking the risk by investing in xrp.

[Dessy88]

I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.

[TopTort777]

I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.

Its price still recovers as bitcoin price grows. You can still earn few percents on this ups and down. Or you can arbitrage ripple on several exchanges.
There are still people who thinks that ripple can get away from sec claims (lol) and buy “cheap” ripple now.

[Fatunad]

I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.

Its price still recovers as bitcoin price grows. You can still earn few percents on this ups and down. Or you can arbitrage ripple on several exchanges.
There are still people who thinks that ripple can get away from sec claims (lol) and buy “cheap” ripple now.

Any altcoin in the market does really correlate with bitcoins price its never been dependent or reliable thing for you to depend when making up investment decisions.
In the question on why people do still buy inspite of the situation where XRP is facing then there are people which can really play with fire and taking up
some risk to buy even though they are full aware on whats happening around with XRP. If we have observed after the dip of its price, it did really eventually
have some recovery which means that was an easy money for those who do took risk on buying it while its still on deep red.

[JahriMeayer]

If each people need to keep atleast 20xrp in wallet, then huge amount of xrp will be freezed and they easily stoke investors money forever.i already sold my xrp after those SEC & Delisting issue but lots of people are getting interested on it cause they think, they could earn some percent of profit by taking such kind of risk.and that's true cause xrp already raised around 35% from its last drop around 0.22$

[Beparanf]

If each people need to keep atleast 20xrp in wallet, then huge amount of xrp will be freezed and they easily stoke investors money forever.i already sold my xrp after those SEC & Delisting issue but lots of people are getting interested on it cause they think, they could earn some percent of profit by taking such kind of risk.and that's true cause xrp already raised around 35% from its last drop around 0.22$

The reason why XRP recovers is because they are countering it with shill post that XRP really don't have any charges from SEC to hype again XRP holders.I can't find anymore the exact article but it was published on news platform and this article is been circulating on social media since last week.

Soon this coin will be totally dead once SEC force them to halt trading due to Security Token issue just like Airfox and Paragon.

[Pamadar]

If each people need to keep atleast 20xrp in wallet, then huge amount of xrp will be freezed and they easily stoke investors money forever.i already sold my xrp after those SEC & Delisting issue but lots of people are getting interested on it cause they think, they could earn some percent of profit by taking such kind of risk.and that's true cause xrp already raised around 35% from its last drop around 0.22$

Those people who take the risk are good players ho understand the sentiments of investors.

Though not all are such kind as there are still other  newcomers who thinksthat this coin still good for long term as the project still
inside the top 10 of CMC, not realizing that the case from SEC is well enough to put this coin down. It's very risky and if you don't have
any good experienced riding with the wave then better to stay away and find other project to invest your money.

[Darktongue]

I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

You are making points against some cryptocurrency lovers. We all have some favorite coins, we don't accept any bad comments on our favorite coin. I don't support Ripple so much, but Ripple supporters still believe XRP will overcome this problem. Maybe investors are thinking XRP could return high profit after this problem, but smart investors never do that.

[jostorres]

I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

I guess people still do believe that SEC will just let XRP go without any questions asked at all. Do you really think SEC will allow Ripple to get away for free without letting them know we need to be exposed? Ripple will be forced to find a way to let SEC know every single person who owns XRP, obviously only in USA but every single place who trades with XRP will have to use KYC and every person will be forced to say how much they have and which address is theirs, otherwise nobody can have XRP and if they do, it will be illegal.

Why would SEC allow one company to do whatever it pleases, print their own money and sell it and get hundreds of millions of dollars profit from it while maybe laundering money for bad people? They will most absolutely get whatever they want from Ripple and all the people who expect this to be soon over and price going up are wrong on the "over" part (price may go up, that's irrelevant).

[Inkdull]

They keep investing because it's a top project, if XRP is ranked 200 on coinmarketcap and SEC comes along like they did right now people will surely stop adopting the project but for the fact that XRP is a big project it won't die easily, I believe this challenge is an opportunity

[Traderbtcc]

Who are buying the dips? It's simple they are traders or investors who are looking to buy now that the price is kinda low and expect it to pump later on in the future, so they can make some profits , Ripple has a good community support cause even with the law suit, its still among the top 10 cryptocurrency chart, even though it dipped in terms of price and marketcap, I honestly thought with this lawsuit alot of bad things where going to happen like XRP loosing it's spot to Litecoin, but some how it managed to stay on  top.