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.