Post
Topic
Board Speculation (Altcoins)
Re: Will $XRP be safe for long term?
by
republicrypto
on 04/10/2020, 21:36:57 UTC


According to the Quarter Report Ripple company increased sales of XRP token to institutional investors from $1.75 mln to $32.55 mln.

Last month XRP looks alive as price increased by 60%. And firstly reached the mark of $0.30 since since February. However we have the Sentiment company data showing the decreasing of the average daily trading volume, more than $100 mln.

personally for me?i don't think that Ripple is best for long term holding because the price keeps on going up and falling low so i believe that this ain't better for Holding instead this is good for daytrading or short term trading.
Buy ripple for other using but not for long handling.

but for me the main causes why ripple isn't good for long term hodl is because this is a kind of centralized cryptocurrency mate
maybe its better to choose a decentralized cryptocurrency for long term hodl and bitcoin is the right answer
regards