Hi, I am not a Ripple hater.
I undertood that XRP needs to stabilize its value because if its value has a lot of big movements it does not have any utility for transactions.
Every month Ripple puts a lot of coins to control the value for make stable transactions.
https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/Thus, I agree with the essence of this commentary:
Such a frustrating coin to buy, I do believe it will have another big run at some point. The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.
Ripple is flatline dead with some minimal spikes and dips. The only thing it attracts is borderline groupies. There are just too many ripples and none of the banks will use ripple as a token. The price for a ripples will forever hover between 0.15 and 0.30 euro. Maybe during a pump a little but higher but no more than that. The whole idea that it's going to a dollar is delusional and wishful thinking. Math wise and can wise it's a fairy tail.
Still fun to trade in 0.01 cent fluctuations.
And trade with ripple will be like trade with / $ or other fiat currencies.
I thought that Ripple needed to increase its value to 1 $ (my messages are in this forum), but if Ripple needs to be used by banks and transactions, it does not need to be expensive because people will think: XRP is better than fiat currencies".
And this will be a problem. XRP have to live under the fiat shadows to works and be accepted. And I have my personal opinion, I think XRP's value has to be 1/3 or 1/4 of fiats ($ 0.25 / 0.33 $), and it's likely to be ≈ $ 0.25
I have XRP, but I think that the best option we can take is no wait a lot of time if you bought it at 0.43 $ (17th May 2017), because its price will be stable and never will see 43 cents again.
I hope I am wrong, but all signs to hold is the worst option. Only sell when you have an oportunity.