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Author Topic: XRP potential?  (Read 713 times)
cryptobadshah
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August 24, 2022, 11:16:15 AM
 #21


XRP's goals differ from Bitcoin Ripple was built for speed and to have some of the lowest fees of any cryptocurrency These features allow banks ripple's key customers to move enormous quantities of money rapidly and cheaply Ripple may replace Swift the existing standard for international bank wires with sluggish speeds and expensive rates banks have been testing Ripple's Xrapid which uses XRP to transfer cash quickly ripple may also upset western union and moneygram it once bouhght a stake in money gram sending the stock price soaring. Because ripple might become an industry standard ripple has significant long term price potential predicting short term and long term prices is challenging.

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August 24, 2022, 11:37:37 AM
 #22

Since the price right now is currently bearish that was somehow a good move from your side but it won't gonna be easy to wait for the price to increase. You need to wait for a long time and hope you bought it with money you can afford to lose or you won't use it for the next months to come. In the current state of the crypto market, you need to be patient and not rush anything when you heard about some hype because it would not gonna make you a healthy investor rather you have all the chance to do your own research before taking your next move.

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August 24, 2022, 01:20:35 PM
 #23


DCA will be a great idea to accumulate your XRP bags and we are still in bear market, so it was a good buy for you. Even with SEC lawsuits that XRP is facing, we cannot deny the fact that there are still many xrp believers and xrp army that it can shoot to the moon when XRP wins the lawsuit and they surely will. Just keep those bags full until next bull run.

those believers are blinded by the idea of being a long term holder gives them the advantage. truth its not. in the last bull market, XRP  didn't exceeds its ATH which was $3 in 2017. i use to have huge holding of xrp since i have been investing to it since its price was below $0.05.

just remember to sell when the price is at its peak. everybody dumps its xrp in bear. to many  of its users, XRP is just meant for sending money like remittances.

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August 24, 2022, 01:22:58 PM
 #24

...I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030...

It's imprudent to invest in a coin that you don't know much about and make a purchase based only on the video you watched. If we talk specifically about XRP, then we need to take into account that the price can reach ATH only as a result of the positive end of the trial, the end date of which is not known.

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August 24, 2022, 01:49:18 PM
 #25

It's imprudent to invest in a coin that you don't know much about and make a purchase based only on the video you watched. If we talk specifically about XRP, then we need to take into account that the price can reach ATH only as a result of the positive end of the trial, the end date of which is not known.
Open the chart, check past cycles,
Open google and search for past fud against XRP.

XRP is very bad for people who are not patiently in waiting because that coin often accumulates very long time. During accumulation, most of impatient investors will exit.

I agreed that it is bad if anyone invests money into anything without due diligent research.

 
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August 24, 2022, 02:03:04 PM
 #26

I assume your prediction is correct. First of all you need to acquire a lot of knowledge about the term investment you plan to invest in. Then you can understand all the coins which are the best to invest in. According to me you can invest on dot , matic, BNB, Bitcoin to get good profit.
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August 24, 2022, 03:01:47 PM
 #27

In my opinion XRP is a less attractive crypto asset to choose from. because the utility of the XRP coin is also very minimal, even for purposes in the network though. therefore, the XRP coin is highly volatile.

for long-term investment purposes, XRP can be said to be not prospective. it would be better for traders to sell this coin in bulk when XRP experiences a significant price increase because price stability will be quite difficult to maintain.

so as long as the role of XRP in the future is still very limited, then XRP is not worth investing in. however, if for short-term trading purposes, XRP can certainly be an option.

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August 24, 2022, 04:30:33 PM
 #28

XRP is the good potential coin as compared to many of scam altcoin in the market.People not do investigation for the new coins,before investing their money.It’s essential one to get deep investigation before investments.Since OP looking for XRP to hold till 2024,it will be the good decision for him.XRP is the good coin for the long run,three year of holding is the good opinion.The price of XRP will slightly increase for long run.

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August 24, 2022, 04:58:30 PM
 #29

Initially I saved as much as 3000 xrp and plan to save it in the long term. However, since the dispute with the SEC is still ongoing, I began to think again, and at the end of last year I sold 70% of it. I myself actually still feel confident about the prospects for xrp in the future. However, since I prioritized risk, in the end I chose to sell some of it because I felt it was already quite profitable, and the rest I planned to keep for a long time.
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August 24, 2022, 06:47:59 PM
 #30

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x  from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

Ripple is also a good coin, and many investors invest in the coin. But unfortunately, today's crypto users are sometimes very anti-centralized. A centralized system is a system that developers can tinker with. Crypto is currently maintaining a decentralized system, which allows investors to be more secure from manipulating the amount of supply.
Talking about the price will increase 500x by 2030, it is only a hope. However Ripple is not a new coin, in fact Ripple is older than Ethereum. Unfortunately, too, Ripple lags far behind Ethereum.

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August 24, 2022, 06:53:03 PM
 #31

Initially I saved as much as 3000 xrp and plan to save it in the long term. However, since the dispute with the SEC is still ongoing, I began to think again, and at the end of last year I sold 70% of it. I myself actually still feel confident about the prospects for xrp in the future. However, since I prioritized risk, in the end I chose to sell some of it because I felt it was already quite profitable, and the rest I planned to keep for a long time.

Actually there are many altcoins that have good potential for long-term investment, For example BNB, ETH, MATIC, XVG, and many more, but instead you choose and have a stand to maintain your belief, against XRP coins which have a very large supply, and almost no  there are significant movements in all global markets, don't force your beliefs on the unclear, and in the end you will lose so much money later on, this is just an opinion, back to your stance as a trader..

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August 24, 2022, 07:11:10 PM
 #32

don't have any doubts about Ripple or XRP, one of the old projects that is very active so far,
the development of the project is also going smoothly, yes even though they are indeed having problems with the SEC,
but I'm sure they can get through it, and don't ask about the future of XRP, Of course XRP has a lot of potential

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August 24, 2022, 07:15:33 PM
 #33

Has absolutely no potential at all, I do not see how that could be anything good, we should be able to make money from anything else. Look at how it didn't even crack over ATH in a period when everything else did, in 2021 almost 99% of the coins did crack above their ATH prices, only stuff like XRP, BCH, BSV didn't and these were the ones where a huge amount of community believed in them and we can see how that was a wrong belief.

In the end, never trust anything that is centralized, it may look good today, but I guarantee you that the market will never pick it up and take it a long term, they will make money for short term and then leave it, and you will make a loss.

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August 24, 2022, 07:15:47 PM
 #34

Xrp has lot of potential like BTC but lawsuit completely destroy it's price and now everyone is feeling fear to invest big in this coin because it was once delisted by almost all biggest exchanges like coinsbit, Binance and others. It's supply is also very big and it will not pumped like low market cap coins but I think it has potential to go 100x in long term.



 

 

 

 

 

 


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Anonymous100
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August 24, 2022, 07:31:44 PM
 #35

don't have any doubts about Ripple or XRP, one of the old projects that is very active so far,
the development of the project is also going smoothly, yes even though they are indeed having problems with the SEC,
but I'm sure they can get through it, and don't ask about the future of XRP, Of course XRP has a lot of potential

The issue with the SEC I think is resolved, and there's no need to argue. Problems for the future, as the OP said, maybe it's still far from expectations. Over the past 10 years, XRP has only been able to increase the price of $3.84 ATH in 2018. In the 2021 bull run, XRP couldn't get past ATH, unlike most other coins. So, where lies the potential for the future?

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bonyaserg
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August 24, 2022, 08:07:21 PM
 #36

Recently, I see very often how the XRP coin is in great demand. And this suggests that in the near future the coin will become very relevant and will bring profit to its holders. And from this we can conclude that when this decline in the cryptocurrency market ends, the XRP coin will grow very rapidly and bring profit to investors.
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August 24, 2022, 09:04:32 PM
 #37

I bought my first 500 XRP yesterday and plan to DCA while these prices are low. I am aiming to get to 5000 and plant to hold till 2024 at least.

I don’t know too much about XRP to be honest but it seems to be getting a lot of news lately and I just watched a video of some guy saying it can reach $200 by 2030.

This sounds way over the top to me , that would make it over a 500x  from current price so just wondering if this is realistic? Be interesting to hear arguments for and against this price prediction.

If someone could explain what is currently going on with XRP lately and why it is in the news so much?

Same nonsense as Shiba inu at $5 by 2025. XRP has been stomping around and not updating its ATH for a long time, it's been six years since the price saw the $3 mark and has never risen to that mark since then, let alone updated ATH. Five years XRP can't grow to $3, but in eight years it can grow to $200? Given the current capitalization, the project has almost $9 trillion in capitalization to get to that price, and that's with their issues, when it looks like the courts are not over and the lawsuits are ongoing.

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Johnyz
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August 24, 2022, 09:16:27 PM
 #38

Recently, I see very often how the XRP coin is in great demand. And this suggests that in the near future the coin will become very relevant and will bring profit to its holders. And from this we can conclude that when this decline in the cryptocurrency market ends, the XRP coin will grow very rapidly and bring profit to investors.
This can only happen if they have good updates and able to win the case problem from SEC. The demand most probably is just because the market is recovering but if you analyze the whole chart of XRP you can see some problems their and if you are investor you won’t take the risky for XRP. This is a good coin yes but the problem they are facing right now is not small, and they should address it properly or else they will collapse. There’s still a chance for XRP to bounce back, but maybe not this year.
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August 24, 2022, 09:28:28 PM
 #39

Zero? I agree with other people that it shouldn't be really even existing. I mean they are not even using the same blockchain as the xrp we are using. Imagine an idea where they are a company which is already a bad thing, that says they will money around cheaply for banks and corporations which is once again bad, then they will increase the price by moving it around but its not even the same blockchain. How the hell did people really believed them for so long? I just think that people still use it because its top ten and was always there so people just got used to it, otherwise its MUCH WORSE than anything I have seen in 5 years, even memecoin scams are better than this.

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August 24, 2022, 09:49:27 PM
 #40

This is still top coin but what they are facing right now is not good to the project, they still need to deal with the SEC problem and having no update can put this project in a bigger trouble, there’s still a chance for XRP but it will take a lot of time for sure. The bull trend can help XRP honestly, they need to work harder and settle all the issues to at least give them the chance to attract new investors going into their network. I wont invest for XRP for now, I still need to wait for their updates.
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