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Author Topic: Im coutious about xrp warning  (Read 542 times)
Ojima-ojo
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June 12, 2023, 10:31:23 PM
 #21

Cryptocurrency and any other kind of investments are high risks and at that, we must be cautious of the kind of risks we take and how we react to market similarities, the sec case with the xrp is still on and whatever decisions that are .made based on the realities will affect the price of the coin in whatever direction.


So as t9 be on the safer side if I am to advise anyone to stay away from XRP for the time being, pending till when all the charges are cleared.

R


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June 12, 2023, 11:26:16 PM
 #22


It's a natural that we feel wary of Ripple, especially now that many of the top altcoins that were once revered have now become scams,
especially since XRP from 2021 hasn't reached the new all time high, and it's okay to be wary of xrp because they haven't won the trial against the SEC,
if they lose you know XRP will go bankrupt, but if they win XRP will rise too.
Knowing before about XRP was a centralized currency, I was already giving up.
I never even hold them but yes, they are good when it comes to the transaction, it's very fast and convenient, but just for that purpose.

Ripple, the company behind XRP, has formed partnerships with numerous financial institutions, including banks and remittance services, to explore the use of XRP in their payment flows.  That's why they faced regulatory challenges like fighting against SEC and the outcome of the lawsuit may have implications for XRP's future which we didn't know yet.

So for now, never hold this coin in the long run but yes, we can still use this coin by means of utility which is very useful.

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June 13, 2023, 04:11:29 AM
 #23

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.
Why took you years before learning and understanding that? because XRP have died long years now and with the case they are facing from the SEC ? I'm sure that this is the doom of this coin.
XRP days are ended from years ago( at least that is for me because I use to be the investor also)

It's a natural that we feel wary of Ripple, especially now that many of the top altcoins that were once revered have now become scams,
especially since XRP from 2021 hasn't reached the new all time high, and it's okay to be wary of xrp because they haven't won the trial against the SEC,
if they lose you know XRP will go bankrupt, but if they win XRP will rise too.
and that is the risk facing not only by the team but the investors also so why need to be more riskier when we can invest in safe one?

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June 14, 2023, 03:51:24 PM
 #24

XRP is centralized so it is enough for a cryptocurrency community to avoid that coin but for a while it has been on the hype but anyone still talking about the Ripple while there are many other performing projects came in the recent years so no matter who wins the legal suit the coin is dying so better jump out before it's too late.









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June 14, 2023, 07:46:06 PM
 #25

XRP is centralized so it is enough for a cryptocurrency community to avoid that coin but for a while it has been on the hype but anyone still talking about the Ripple while there are many other performing projects came in the recent years so no matter who wins the legal suit the coin is dying so better jump out before it's too late.

Everyone in the XRP community right now is talking about winning,
we know that XRP is currently undergoing trial with the SEC and if it wins the red flags on XRP will disappear and it could make XRP pump,
but for now the signs are still there and it's only natural that we have to be vigilant, because Ripple still hasn't won the trial.

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June 14, 2023, 07:50:41 PM
 #26

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.

Stellar and XRP almost same thing. I dont see about them. And the whale ? The whale will probably goes to bitcoin and its ecosystem like ordinal, brc20 and so on. I am really hopping that there will be bridge from bitcoin to EVM as soon as possible. We need it to make people from ethereum put their money in to bitcoin easily

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June 14, 2023, 09:04:18 PM
 #27

Unfortunately right now I would not trust any crypto including XRP, they are making crazy dumps especially altcoins
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June 14, 2023, 09:14:52 PM
 #28

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.

I dont understand one thing, if you follow the big guys and whales why not follow XRP? XRP its made for the big guys and banks, and XLM stellar are the guys who were part of the project but they went out of it because they want to be more " for normal people and community".

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June 14, 2023, 09:41:16 PM
 #29

SEC drives people to think that XRP is very close to a shutdown and just anticipate it.
However, it was not that easy as this issue started many years ago but XRP is still alive and available in huge exchange. Although I haven't stored or bought this coin, however, sometimes I use this for moving my funds from one exchange to another because of its low fees compared to BTC and ETH. It is something to say that despite the situation that this project faced with the SEC, it still plays some roles that some traders know it.

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FrozenBit
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June 14, 2023, 09:43:11 PM
 #30

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.
Are you sure those who are opposing them won't hold it and those who speak well of them are not, the issue of letting information drive investment from someone else's perspective makes me feel uncontrollable . With XRP clearly having its opponents and supporters, the SEC-related story is still a big question mark among many people and the issue is still not really clear.

Depending on different levels of research, people may or may not be interested in it, to me XRP is still a notable crypto, but it would not be in my preferred category in this market. It will probably take time for XRP to become stronger in the face of the SEC accusation, and keep this in mind when things go back to normal it can take a strong turn.
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June 14, 2023, 09:56:50 PM
 #31

How sure are you that SEC won't come for XLM as well?

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June 15, 2023, 06:10:41 PM
 #32

Stellar and XRP almost same thing. I dont see about them. And the whale ? The whale will probably goes to bitcoin and its ecosystem like ordinal, brc20 and so on. I am really hopping that there will be bridge from bitcoin to EVM as soon as possible. We need it to make people from ethereum put their money in to bitcoin easily
I agree that stellar and XRP being quite close to each other in mindset, and if you want to avoid one, then you need to avoid another. I know that it is not going to be easy to do that but that's how we should be approaching it. I know that a lot of people will not avoid them, look at their rankings but that's just the way it is.

I avoid them both, it is not a good investment and never owned a single XRP before, and I think it is quite important to remember that if you know what you are looking for, then getting rid of all the ones that are not in the zone for you to invest could be taken away from your calculation. What I am looking for is not XRP and XLM type of coins, so I avoid them and take them out of my list, don't even care what their price is, don't even look at it.
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June 16, 2023, 04:35:21 PM
 #33

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.

I dont understand one thing, if you follow the big guys and whales why not follow XRP? XRP its made for the big guys and banks, and XLM stellar are the guys who were part of the project but they went out of it because they want to be more " for normal people and community".

Whales are still holding XRP but I'm sure they are also preparing a strategy if bad things happen,
we know that Ripple is currently on a warning status because Ripple has not won anything against the SEC,
so the bad possibility of XRP rugpull is also very large, so the investment choice is in your hands we are alone, and better not follow the whales.
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June 18, 2023, 10:14:23 PM
 #34


Whales are still holding XRP but I'm sure they are also preparing a strategy if bad things happen,
we know that Ripple is currently on a warning status because Ripple has not won anything against the SEC,
so the bad possibility of XRP rugpull is also very large, so the investment choice is in your hands we are alone, and better not follow the whales.

this is why if you are a holder, you need to read what's going on because they can easily do the rugpull stunt and before you know it, they are slowly selling their stash. i like xrp for transfer purposes as they are pretty cheap with tx fees and most trading platforms have this coin. however, for long-term investments, better be careful in touching this one. up until now, we don't know what will finally happen to their SEC issues.

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June 19, 2023, 02:11:10 AM
 #35

Ripple (XRP) for me is already fishy since the beginning, I am not attempted to buy any Ripple since the beginning.
SEC lawsuit is ongoing and there is no guarantee of a favorable outcome for Ripple.
For sure these whales are gonna do what they will do, which is manipulate the price of ripple and at the time they will lure some people, they will just dump on it, it's like their liquidity, so be careful.

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June 19, 2023, 04:55:52 AM
 #36

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.
since you are already tagged I am not sure if you are still interested in our answers here.

but what is better for you? never to invest in XRP if you feel not safe about it.

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June 19, 2023, 11:23:38 PM
 #37

looking at this:

https://coinmarketcap.com/currencies/xrp/

we see price of $0.4947, now going back in time, something like 6 years ago, all I see is a project that was the biggest disappointment for many people, I remember that 6 years ago when I entered tradeview all I saw were comments and analyzes about the price of xrp, and they were very optimistic comments, at that time the price of xrp was 0.25$ and the price of bitcoin was 6000$ so people kept talking that the price of xrp would reach 3$ and then the 5$, for those everyday people who talked about it it really seemed like it was something 100% for them that it would happen, and the price really touched the 3$

it was something very celebrated, because with that many people already had more than 5x profit and all I read was that they would continue to hold until they had 100x profit, I asked myself why so much greed, how far would it all lead, then came the news da sec and the price simply dropped a lot even with the price of bitcoin being much higher than 15000$ it was not enough to contain the huge sale that had xrp, that showed the disappointment that people were having, so today someone thinks that the xrp still has some hope that it will be able to recover then that person would be making a big mistake that will make him lose money, the xrp is stagnant, he simply froze in time

IS the type of altcoin people should stay very far away from

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Reatim
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June 20, 2023, 04:35:02 AM
 #38

Im caotious about xrp ,why ?
Becouse i make my financial decisions based what the big guys and whales do it.
What i see ? It doesnt apply for the benchmark legimate rules to be trusted enough.
I see xrp not favoured by them it's secret but If you can read the info and you know rules also of SEC then you get the idea.
Instead of XRP i'll choose XLM stellar.
To be honest i don't put any money on xrp it's one of the coins from what i stay out XRP does not seems to me legit project.
I just don't like to take unneccesary risks.


So no matter how much FOMO and hype xrp has...Im out of this project.
Try checking this thread mate  https://bitcointalk.org/index.php?topic=5452575.0 as there are lots of comments about either Bitcoin or XRP to be invested and you will also find how bad some looks about xrp's future.
How sure are you that SEC won't come for XLM as well?

Here is another valid point , the SEC nowadays are acting accordingly against crypto and no matter how good the coin is , they will still look for something they can trigger its vanishing or their winning.









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June 20, 2023, 02:45:22 PM
 #39

XRP is centralized so it is enough for a cryptocurrency community to avoid that coin but for a while it has been on the hype but anyone still talking about the Ripple while there are many other performing projects came in the recent years so no matter who wins the legal suit the coin is dying so better jump out before it's too late.

Most of the centralized cryptocurrencies have thesame risk they possess and the only reason that makes a little difference from them is the background developers behind each projects, so we should always have it on mind the possible risk related to memecoins and know which one to go for and which to be totally avoided, XRP may not have serious issues as thought like many others we bever suspected to fail along the way.
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June 20, 2023, 06:10:42 PM
 #40

Ripple (XRP) for me is already fishy since the beginning, I am not attempted to buy any Ripple since the beginning.
SEC lawsuit is ongoing and there is no guarantee of a favorable outcome for Ripple.
For sure these whales are gonna do what they will do, which is manipulate the price of ripple and at the time they will lure some people, they will just dump on it, it's like their liquidity, so be careful.
You are right about that, it has been fishy since it first started and a lot of people warned others not to buy it and it's centralized and it could never be as good, but people still ended up buying it, no idea why they did that but they did it anyway. I think it would be smarter if they could end up realizing any project that is centralized will face these type of issues, xrp, bnb, they are all having it and will continue to have it.

Because if you end up working towards making something centralized, then SEC will take a look into it and probably even consider it as securities as well, which would make everything change in a day. So long story short, the moment XRP was ever created, it was created as a bad idea, shouldn't even existed to begin with.

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