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Author Topic: Im coutious about xrp warning  (Read 545 times)
Silberman
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June 21, 2023, 01:12:36 AM
 #41

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.
Well XRP is a very old coin and the idea behind it is even older so I can see why some people still look up to it, however as you mention we also know that it is a centralized altcoin and a coin like that goes against the decentralized nature of this market, and sooner or later governments are going to give attention to it and try to destroy it, and while it we are still not at that stage the SEC seems to want to tighten up their regulations and this will affect all of those centralized coins the most.
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June 21, 2023, 07:42:27 AM
 #42

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.
it is bad to see what kind of coin are you being worried while XRP is still red when all of top 10 coins are greening ?

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

forget about XRP now mate, instead choose other currency that may generate you good return in the next coming years .

and also Bitcoin mate , never forget to add in your choices and holding .

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June 23, 2023, 07:36:02 PM
 #43

...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...

The problem with XRP did not arise today or yesterday. This problem has been dragging on since 2020, when the SEC filed a lawsuit against Ripple. And until a final decision is made, it is difficult to talk about the prospects of the XRP coin. Didn't you know all this?

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June 23, 2023, 08:46:46 PM
 #44

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.

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Silberman
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June 24, 2023, 04:28:47 AM
 #45

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
The most important reason to not invest in XRP is what happened to it during the previous bull run, while most of the top coins on the market reached a new all time, which was many times higher than their previous one, XRP failed to achieve this, so if someone is thinking about speculating with this coin what kind of incentive do they have? After all it is also possible it will fail to reach a new ATH again, and in that case why bother with XRP when you can invest in many other coins which will go much higher?
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June 24, 2023, 09:42:24 AM
 #46

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
For me personally it's too risky to keep insisting on making XRP an investment,
their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.

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June 26, 2023, 05:10:42 PM
 #47

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
For me personally it's too risky to keep insisting on making XRP an investment,
their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.
At least safe our money in the safe investment, SEC lawsuit to XRP already run for 3-4 years, it will take a long if we want waiting in the next bullrun, especially many altcoin with big potential compared with XRP. BTC,BCH,ETH, and LTC is the best choice for now due to as recommendation by SEC

Silberman
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June 28, 2023, 04:25:41 AM
 #48

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
For me personally it's too risky to keep insisting on making XRP an investment,
their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.
What happens is that speculators are thinking that if they were to invest before the case against XRP is solved and there is a positive resolution then they think they can obtain a massive amount of money during that period of time, and there is a possibility they are correct on their assessment, however we do not know if that scenario will happen at all or when it will happen, and in that case it is better to invest in other coins instead of taking such a massive risk by investing in XRP.
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June 29, 2023, 12:20:21 AM
 #49

It is possible that for many people, XRP is still an asset worth investing in in the new cycle. But actually, look at the present, when there is still no strong confirmation that they will win the case with the SEC. The recent news is just an injection of this coin to stimulate new investors to jump in. Better yet, exclude this coin from the portfolio. Anyway, from my point of view, this coin is really dead.
For me personally it's too risky to keep insisting on making XRP an investment,
their unresolved cases between XRP and SEC certainly make many people hesitate to invest again,
as much as possible to minimize the risk and I think it's much better.
At least safe our money in the safe investment, SEC lawsuit to XRP already run for 3-4 years, it will take a long if we want waiting in the next bullrun, especially many altcoin with big potential compared with XRP. BTC,BCH,ETH, and LTC is the best choice for now due to as recommendation by SEC
True, however, we must be wise in making decisions by considering many things,
there are still safer options so better focus on those,
XRP is still too risky and as much as possible to minimize the risk.

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July 02, 2023, 09:48:07 AM
 #50

What happens is that speculators are thinking that if they were to invest before the case against XRP is solved and there is a positive resolution then they think they can obtain a massive amount of money during that period of time, and there is a possibility they are correct on their assessment, however we do not know if that scenario will happen at all or when it will happen, and in that case it is better to invest in other coins instead of taking such a massive risk by investing in XRP.

At this stage, such an investment in XRP will be akin to a casino. And since we are talking about a casino, there will definitely be those who will put their entire deposit in the hope of grabbing a big jackpot. But such an investment has nothing to do with trading, therefore you need to stay away from such an investment.

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July 02, 2023, 07:29:50 PM
 #51

What happens is that speculators are thinking that if they were to invest before the case against XRP is solved and there is a positive resolution then they think they can obtain a massive amount of money during that period of time, and there is a possibility they are correct on their assessment, however we do not know if that scenario will happen at all or when it will happen, and in that case it is better to invest in other coins instead of taking such a massive risk by investing in XRP.

At this stage, such an investment in XRP will be akin to a casino. And since we are talking about a casino, there will definitely be those who will put their entire deposit in the hope of grabbing a big jackpot. But such an investment has nothing to do with trading, therefore you need to stay away from such an investment.

XRP can't be said to be safe yet, but if you want to invest in XRP, of course you have to be really prepared to be able to take the risks,
because right now Ripple and SEC are in a battle and who will win will soon appear.
so if you choose XRP and Ripple wins then you will be the one people to win.

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July 02, 2023, 08:35:32 PM
 #52

I don't think any serious person will choose XLM over XRP, with all the bad press XRP has suffered for it to still be standing tall against the SEC is a big deal, Stelar lumen is more or less a dead project, I have not heard anything about the project for the past year and I don't, some people call it the poor man's Ripple. I think the legal issue is what is holding XRP price down, if/when they win their case against SEC it will be a big victory for the price.


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July 02, 2023, 09:47:17 PM
 #53

TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
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July 02, 2023, 09:50:24 PM
 #54

TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.

People are being cautious on this alt because up until now, their SEC issues are not yet resolved.
So it is either, they can surpass this or not. And if not, those holders will be screwed.
I like xrp when it comes to transfer purposes, they have one of the cheaper fees you can find and available in most trading sites.
However, its future is still shrouded by their nonresolution of trouble with SEC.
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July 04, 2023, 07:26:04 AM
 #55

I don't think any serious person will choose XLM over XRP, with all the bad press XRP has suffered for it to still be standing tall against the SEC is a big deal, Stelar lumen is more or less a dead project, I have not heard anything about the project for the past year and I don't, some people call it the poor man's Ripple. I think the legal issue is what is holding XRP price down, if/when they win their case against SEC it will be a big victory for the price.
Our hope is that XRP can win the lawsuit against the SEC,
I hope it really happens because after all XRP is still a potential coin,
it is clear that winning the lawsuit is certainly not easy and we will see what happens later.



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July 06, 2023, 10:16:59 AM
 #56

TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
That is indeed a consideration because there is no clarity about how the case is between XRP and the SEC,
I hope XRP can win against SEC and if that happens then it's not impossible there will be a spike in the price,
risky or not investing in XRP is up to each one and they have to decide for themselves.

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July 06, 2023, 03:37:19 PM
 #57

TBH, I am not optimistic about the next altcoin season and I personally don't recommend investing in the XRP. The potential return on the investment is great in terms of odds considering currently down market prices and possible bull attack but ongoing issues with SEC still didn't reach the final stage. The unstable market conditions make it harder to decide if this project is the right one to make a risky investment or not, better wait for the end of the SEC scandal before accepting a decision,IMHO.
That is indeed a consideration because there is no clarity about how the case is between XRP and the SEC,
I hope XRP can win against SEC and if that happens then it's not impossible there will be a spike in the price,
risky or not investing in XRP is up to each one and they have to decide for themselves.
Regarding XRP, many traders are in a dilemma because of the uncertainty in this case,
although hoping to win but it's not easy for sure for XRP to win against SEC,
Hopefully there will be clarity soon and we'll see.

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July 14, 2023, 07:48:35 AM
 #58

Well our hope did come true yesterday. Ripple is getting closer to winning the lawsuit against the sec and we saw big profits from the court ruling that xrp is not a security.
Coinbase was very fast to relist XRP and you can now trade it on there. Bitstamp says it will relist XRP and so does Kraken saying it will relist XRP. Gemin says it might relist it also.
I think it is a good coin to hodl right now and am not worried. The whales are buying it and they been buying it for while now.  

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July 14, 2023, 08:44:35 AM
 #59

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 the


So no matter how much FOMO and hype xrp has...Im out of this project.
The outcome of the SEC lawsuit against Ripple is settled now. Because regulatory compliance is an important aspect of any cryptocurrency project. Now all are settled. So the ripple will get the market acceptance and potential partnerships(Like CEX listing) now. I hope XRP will be pumping after that news.
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July 14, 2023, 03:16:26 PM
 #60

As for XRP and the SEC, the case remains unresolved, which could lead to a potential element of risk when investing in XRP. Carefully evaluating and weighing different risk factors will help you make an informed decision and listen to different opinions. Remember that no decision is perfect and there are certain risks involved, but it is important that you have the knowledge and information you need to make the most informed decision.

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Backed By
ZetaChain

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