Why people still buying XRP?

[Blue_sea]

Investors are try to search some coins which make them security and reliability  though we know crypto market is volatile and and there is no reliability but XRP is one of the coins which gives more then others.   

[wxxyrqa]

Investors are try to search some coins which make them security and reliability  though we know crypto market is volatile and and there is no reliability but XRP is one of the coins which gives more then others.

It is unlikely that investors see Ripple as a truly promising and safe asset for investment. We need to wait until the problem with the SEC is resolved in order to more or less clearly represent some results from investments in Ripple.

[gotbounty]

It makes sense if people still buy XRP. Just look at XRP, even if it has a lawsuit case, the price still can increase and it still survives as one of the top altcoins. So, it is not so surprising if people still continue buying XRP. Also, there will be a chance of the next soar in XRP after the team can fix their problem.

[mahid]

XRP is very old in terms of coins. If we look at the amount of transactions, it is really surprising. I think those who are experienced investors know very well about XRP. I think it is a reliable and secure investment Platform.

[therozaq]

It makes sense if people still buy XRP. Just look at XRP, even if it has a lawsuit case, the price still can increase and it still survives as one of the top altcoins. So, it is not so surprising if people still continue buying XRP. Also, there will be a chance of the next soar in XRP after the team can fix their problem.

Yes , I see ripple price is still going strong now, That's the reason why many investors still believe in XRP.I also heard Japanese has supported ripple after SEC issue. I hope that's true, not just gossip. Hopefully ripple will have good recovery

[Freemind]

From my point of view it is a strategy. As we know, exchanges that are not based in the United States can continue to trade XRP, therefore when the issue with the SEC ends, investors who have continued to accumulate coins could have a clear advantage over the rest, since they will have accumulated more coins at a lower price due to the panic of some investors.

[Muneeb22]

Peoples still buying XRP coin becasue they trust on this coin and they know that the XRP coin can change their life when it make the high bull and i also buy the XRP coin and hold that for the big bull.

[IyemRoker]

Ripple is still worth trading because Ripple does have a huge volume, so the possibilities for RugPull are tough.
The simple reason is that Jedd McCalleb always sells his Ripple coins on the market every month in a smart way because not all coins are sold, only about 1-5% for sale and it doesn't really impact Ripple's price too much.

[sky20]

It can be said that XRP is a symbol of trust. There was a lot of trouble with it. But even then they are moving forward again by ‍solving these discrepancy. Investors have strong confidence in it.

[Falcon]

Very possible that investors are accumulating some of Ripple to anticipate the possibility for rapid increase in case XRP was done in SEC. I believe investors bought Ripple from their extra income that they can afford to take risk while Xrp still in negotiations with Sec.

[Freemind]

Very possible that investors are accumulating some of Ripple to anticipate the possibility for rapid increase in case XRP was done in SEC. I believe investors bought Ripple from their extra income that they can afford to take risk while Xrp still in negotiations with Sec.

That's precisely what I think @Falcon, foreign investors are accumulating as much as possible before the SEC litigation ends. Regardless of how those legal processes end and the consequences those two Ripple executives have, XRP will rise again and maybe we can see a new ATH.

[bitbit97]

Very possible that investors are accumulating some of Ripple to anticipate the possibility for rapid increase in case XRP was done in SEC. I believe investors bought Ripple from their extra income that they can afford to take risk while Xrp still in negotiations with Sec.

That's precisely what I think @Falcon, foreign investors are accumulating as much as possible before the SEC litigation ends. Regardless of how those legal processes end and the consequences those two Ripple executives have, XRP will rise again and maybe we can see a new ATH.

But what if it does not end? It can be continued for ages. SEC claims can be prolonged or new claims be proposed.
Imo, people still buy XRP due to its huge price change gaps. People can still make a lot of money on the exchange rate. Even there are people who are not aware of SEC claims and are willing to buy XRP cheap, and of course there are people who are willing to sell them XRP at high price.

[Freemind]

@bitbit97 logically the litigation can take a long time, but anyway we have to think that for Ripple the time that the litigation lasts increases the weight and the burden on its name, and its reputation will continue to be damaged, so it would not be strange if Ripple himself kicked the two executives who caused all these problems in the butt, alleviating the bad image they have now and growing again.

[bitbit97]

@bitbit97 logically the litigation can take a long time, but anyway we have to think that for Ripple the time that the litigation lasts increases the weight and the burden on its name, and its reputation will continue to be damaged, so it would not be strange if Ripple himself kicked the two executives who caused all these problems in the butt, alleviating the bad image they have now and growing again.

Do you think Ripple still has any valuable reputation? Or Ripple is just a recognizable altcoin? In 2017, when I first came to crypto, I've learned that Ripple plans to substitute regular banks and offer fast, cheap, safe transactions. Ripple will be a new worldwide payment instrument. We are approaching the end of 2021 Q1 and did Ripple achieved anything of they promised? Of course what they had planned is not easy to achieve, but how long should Ripple holders wait? Till 2030? There will be another "bank killer" released, when Ripple achieved its main goal.

[Freemind]

@bitbit97 logically the litigation can take a long time, but anyway we have to think that for Ripple the time that the litigation lasts increases the weight and the burden on its name, and its reputation will continue to be damaged, so it would not be strange if Ripple himself kicked the two executives who caused all these problems in the butt, alleviating the bad image they have now and growing again.

Do you think Ripple still has any valuable reputation? Or Ripple is just a recognizable altcoin? In 2017, when I first came to crypto, I've learned that Ripple plans to substitute regular banks and offer fast, cheap, safe transactions. Ripple will be a new worldwide payment instrument. We are approaching the end of 2021 Q1 and did Ripple achieved anything of they promised? Of course what they had planned is not easy to achieve, but how long should Ripple holders wait? Till 2030? There will be another "bank killer" released, when Ripple achieved its main goal.

Yes, I think Ripple has a reputation to save. I don't know how long it will take for Ripple's main goal to materialize, but, for example, you already know that Bitcoin has taken more than 10 years to become as popular as it is now, so if we make a comparison, Ripple is not that slow, besides that creating and doing something so global is really difficult.