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    SolaceMedicare's Avatar
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    XRP WORTH INVESTING?

    What do you guys think of XRP - RIPPLE? They have been good recently and in the past. however recently they are dealing with some SEC troubles and most apps have stopped trading of XRP. it is currently at $.26CAD you guys think it's worth going in? I currently have 10k in it. as I feel like after the SEC TROUBLES are done with XRP will bounce back up to at least $.70 ea

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    Allura's Avatar
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    Personally, I don't think its worth going into XRP. I traded XRP for a few days when it was going up and took quick profits. Honestly the most stressful trade I've done this year because I knew how hard and fast it gets dumped on. Then the SEC bs comes in. I think XRP will get dumped on more. The only reason XRP might be holding its price is because BTC is going up. Wait in a week, maybe 2, when bitcoin its dumped on hard.
    Last edited by Allura; 01-02-2021 at 04:22 PM.
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    Serg1o's Avatar
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    I wouldn't, but you never know, trust your own feelings.

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    Quote Originally Posted by SolaceMedicare View Post
    What do you guys think of XRP - RIPPLE? They have been good recently and in the past. however recently they are dealing with some SEC troubles and most apps have stopped trading of XRP. it is currently at $.26CAD you guys think it's worth going in? I currently have 10k in it. as I feel like after the SEC TROUBLES are done with XRP will bounce back up to at least $.70 ea
    you should follow your research and ethics. My ethics wont allow me to go long term into XRP because XRP is not a cryptocurrency. It does not run on blockchain.

  5. #5
    Fetchero's Avatar
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    Ever since i missed the train in 2017 i promised myself to never trade XRP

  6. #6
    SolaceMedicare's Avatar
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    Quote Originally Posted by D.Variable View Post
    you should follow your research and ethics. My ethics wont allow me to go long term into XRP because XRP is not a cryptocurrency. It does not run on blockchain.

    Quote Originally Posted by D.Variable View Post
    you should follow your research and ethics. My ethics wont allow me to go long term into XRP because XRP is not a cryptocurrency. It does not run on blockchain.
    Quote Originally Posted by Serg1o View Post
    I wouldn't, but you never know, trust your own feelings.
    Quote Originally Posted by Allura View Post
    Personally, I don't think its worth going into XRP. I traded XRP for a few days when it was going up and took quick profits. Honestly the most stressful trade I've done this year because I knew how hard and fast it gets dumped on. Then the SEC bs comes in. I think XRP will get dumped on more. The only reason XRP might be holding its price is because BTC is going up. Wait in a week, maybe 2, when bitcoin its dumped on hard.
    Yeah honestly I was lucky in 2017 I had XRP when it was .23cents and I had like $10k in it it went up to almost a dollar so i made good profits then now it all dropped again so idk i feel like after the SEC stuff XRP will go up again. if they win that is. Currently a bunch of platforms have stopped XRP trading.

  7. #7
    discave's Avatar
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    personaly i dont think its worth to invest in xrp now just wait

  9. #9
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    I think it depends on your investment and the level of risk you want to take.

    XRP is quite volatile but with that comes the opportunity of huge profit.

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    it really depends on what the result is with the SEC lawsuit. if it fails it may get a bump, it dropped to around .18-.19 then back to around.30

    its hard to guess when to jump in, but id say not at todays rate. the time to buy was at that low, and id probably exit most of it on the next swing or if its not, cut out n take a smaller win or loss.

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    I don't think XRP is a good coin to invest in. Ripple doesn't really have potential in my view.

  12. #12
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    Yea I was on the ripple wagon for a bit especially when there were talks of western union using it to transfer money.

  13. #13
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    Short answer: No!
    Being second is to be the first of the ones who lose.
    Ayrton Senna




  14. #14
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    Yeah, I wouldn't invest now. XRP will most likely just be a pump and dump so people will take quick profits and it will crash like there's no tomorrow.

  15. #15
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    XRP has alot of problems right now, and was recently used as a pump & dump. It was at one point one of the best cryptos on the market, but has lost alot of traction. A similar coin would be XLM, and has been making steady profits.. but as far as long term investments go you should really be a little diverse with your crypto.. you obviously can't go wrong investing in BTC and ETH as well as their smaller currencys that follow under their token it shows you, which ones they are under coinbase for example theirs a ton of them. Another coin that will do well in my view is Monero because of the fact its very hard to track is basically like virtual cash.

    There is no doubt crypto is the new future for currency, but in short yes stay away from XRP there is much better options.

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