Ninjastic
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Board Speculation (Altcoins)
Re: XRP - Buy in or Bail out?
by
LordShanken
on 27/01/2021, 13:16:37 UTC
Quote from: TradeCrypto on Today at 12:36:03 PM
Quote from: LordShanken on January 07, 2021, 09:24:04 PM
Quote from: romiofficial on January 07, 2021, 04:46:55 PM
SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?

Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?

Let's start with the fact that XRP should not be called a cryptocurrency because it is a centralized coin. This means that its developers can create any number of them at any time.
Ask yourself whether you want to invest in such a risky coin.
As for me, I'll always stay away from XRP.
Yes exactly i never traded XRP till date because as you said its not holding any true value of Decentrelised network . Nothing is transparent this coin created speculation by giving newses and pumping xrp . I neither believed on this nor in future

We should repeat this every time we can. The idea of this project is completely against the ideology of cryptocurrencies. In my opinion, this coin should not be listed on Coinmarketcap among cryptocurrencies at all.
However, I think its end is near. This is confirmed by the increasing number of exchanges, which removes it from the tradable coins list. I think XRP will die in natural way. Stay away from XRP if you don't want lose money.