That coin is at its limit in terms of how much more it can go up.
Seriously where are the people buying into this hype? Not even many banks are using Ripple?
I guess new people just see it going up and think its good to get in while its hot?
More like lose the shirt on their back.
Making a profit is stupid, somehow? I don't really see it that way.
Buying low and selling high is what this whole thing is about, is it not?
Making a profit yeah from your point of view but the new money coming in are from new investors who are going to get screwed because they didn't know what they were doing.
Coins like this give credence to the term "pyramid scheme".
I don't think it's stupid, although it may be true that Ripple is one of the coins that has a low price point, it only means that it is also one of those coins that has a lot of room to improve. Also, many people are checking on Ripple right now because there has been a steady increase in its value, and sometimes, being "steady" is way better than not increasing at all. It's just a matter of strategy, if you want to gain slowly, but surely, then by all means target those coins that are low in value but has the potential to increase. But, if you want to try a high-risk-high-reward stance, then go with the stronger altcoins or bitcoin.