Quote from: Pamadar on Today at 11:15:14 AM

Quote from: Obim34 on February 03, 2024, 03:05:01 PM

Quote from: Pamadar on February 03, 2024, 12:18:14 AM

Quote from: Obim34 on January 26, 2024, 08:15:27 AM

Quote from: MIner1448 on January 26, 2024, 08:00:55 AM

I lost confidence in this coin, after they decided to pump up its price tag back in 2020, they created some kind of pumping group to pump up the price, but this group raised the price tag to almost 0.7 and then sharply collapsed. Trust will disappear after this.

Really? I do not have a well knowledge on XRP and it's track back but one should understand some stuffs generally about Altcoins. Altcoins are generally a pump and dump currency don't hope the price to keep on going high or remain stable, instead follow the trend, Altcoins requires a promotion or an external body to help pump the price then within a close time DIP even more.

You need to follow the trend and also needs to do your deep research about the project, without the kind of effort you are risking like
playing gamling with the coin that you are investing.

Just the same deal with XRP, another project that needs to assess before placing your investment if you are planning to use it for investment
you need to check how the market is working around and how you may take your possible benefits.

Yes... The trend dose not guarantee the outcome from anybody who invested in any of the Altcoins. Most Altcoins which have dealt with most investors are those which much more was expected as a result of the excess hypes and trend in the market. You see most investors buy in lump sum to sell within a short frame causing a massive dump due to sell pressure because they are not yet certain of the continuity of such project.

They are riding with the hypes and just taking what they think they can earn from any project that they are playing, it's tough to
say which coin to hold as chances that it will dump down is always possible.

It's more on how you assess and do your actual research with the project that you are planning to invest, xrp still being played
better to make your own review and position yourself if you are well convince that it will rise back.

Despite all this, XRP still belongs to group of high leveled Altcoins, talking about the top 5 with highest 24hr trading volume, XRP is not exempted so many seeing this will also want to invest in them.
Buying XRP, may not be too bad but all we invest for is to make good profits and not extra pennies on our investment.