Quote from: Shasha80 on Today at 02:55:12 AM

Quote from: livingfree on October 02, 2020, 10:03:09 PM

Quote from: JahriMeayer on September 30, 2020, 03:09:11 AM

As a centralize coin, is it really safe for people when xrp team could do anything at anytime if they want? As a top ranked coin, i agreed that its safe for long but will it really profitable? As we can see, team trying to develop it, doing partnership with largest companies but xrp consistently losing its values even 90% lower than ath. So trading with it maybe okey but i can't even think about hodl it for long term

A few years ago, it was profitable as everyone went through the all-time high prices.

It is noticeable that even with the partnerships, the price isn't increasing a lot. Long term is also up to the investors' discretion if they think that it's fine to hold it for the long term.

It's them that's counting on it.

I think XRP is a pathetic coin, because it is profitable only in 2018, when the price reaches an all time high. But after that the price continued
to decline and there was no increase yet, even a lot of support for XRP from many banks, does not make the XRP pump price. So investing in
XRP for the long term is not a safe thing to do.

About the banks.

I don't think it's actually being used by the banks or they certainly are for it. They are for the technology that xrp offers but not to the actual coin as they still prefer to go fiat.

It's one misconception that others think of. Because if it's for the banks, we can see them adopting it or those partnerships are actually using it.