XRP

Mark Davis

BANNED

Dec 27, 2017

46

4

• Jan 8, 2018

• #1

Do you think it is a good idea to buy XRP for $600 (all of my budget)?
Right now it is $2.55

 

F4lken

Regular Member

Dec 15, 2016

476

540

• Jan 8, 2018

• #2

Tldr
No.

 

Mark Davis

BANNED

Dec 27, 2017

46

4

• Jan 8, 2018
• Thread Starter Thread Starter

• #3

Too late? ok..

 

C

cboolator

Newbie

Jul 29, 2009

39

2

• Jan 8, 2018

• #4

Noone can say that. XRP is jumping the last 3-4 Days between $3.00 and $2.30. Maybe it will go up to $5 this month. Maybe not.

 

Zafar Yaqoob

Newbie

Jan 13, 2018

4

1

• Jan 13, 2018

• #5

Ya; Buy it now because this time to buy Ripple (XRP) Coin, This is the best cryptocurrency to invest in.

 

vilcakurt

Regular Member

Sep 24, 2016

473

271

• Jan 13, 2018

• #6

Zafar Yaqoob said:

Ya; Buy it now because this time to buy Ripple (XRP) Coin, This is the best cryptocurrency to invest in.

Click to expand...

The market cap is $80 Billion, making it the third most expensive coin and probably the least likely to make you profits.

It was a good investment at $0.25 but for it to get to $5, you would need to see a $160 Billion market cap, putting it above Etherium.

Not to mention that the majority of its 99,993,093,880 XRP coins are held by the owner and is the most centralized coin, making it the easiest to manipulate the price.

 

StormClaw

Elite Member

Oct 24, 2010

2,897

1,458

• Jan 13, 2018

• #7

I would not recommend that as well, you either invest in other coins with a low market capitalization because they tend to get doubled in no time. Example: NEBLIO hit a max of 62$ in the last few days and is currently at 32$. So you have to consider all those before taking a decision. Last but not the least, Invest the money what you afford to lose.