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Is it right to invest in Ripple coin during their trials with U.S SEC?

Sincerem

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Ripple (XRP) coin is really facing uncertainty over claims refuted by U.S SEC, saying the world third largest cryptocurrency was found guilty of selling illegal unregistered securities to retail customers. Leading to the lawsuit beckoned on the Ripple CEO and it's chairman. This lawsuit on Ripple have affected it's market value, the digital currency is on the worst decline in value in it's entire history, during its inception in 2012. They have never been affected this way, it's a trying time for the Cryptocurrency. We expect the Cryptocurrency (Ripple) to come out strong in the hot congestion that has plunged them.

Do you think it's still wise to buy and hold Ripple now that the price is down, hopping it goes high sooner??
 

Oscar

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This issue with the U.S SEC is really affecting XRP now, during the Spark airdrop few weeks ago I bought XRP so I could get the token when it is airdropped. I checked the value of the XRP and it's now very low I think this crisis will persist for a little longer but I believe XRP will come out of this stronger.
 

Sincerem

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This issue with the U.S SEC is really affecting XRP now, during the Spark airdrop few weeks ago I bought XRP so I could get the token when it is airdropped. I checked the value of the XRP and it's now very low I think this crisis will persist for a little longer but I believe XRP will come out of this stronger.
I really feel Kitty for the coin at the moment. The trials it is facing at the hands of U.S SEC is sucking. I heard that the U.S SEC department never lose any court case it enters, ever since they started operation. I pray XRP defeats them, and make them suffer first court case lost.
 

Sake

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The price has dropped a lot since the case with SEC started but i still think that Ripple can still turn the situation around. Xrp's price will rise again once they cleared their name, so im still buying now that the price has dropped.
 

Suba

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Ripple is currently facing a US SEC lawsuit, and the price of XRP has experienced a drastic drop on Dec 14, 2020, the price of XRP is $ 0.497712 and now it is $ 0.283509. I hope Ripple can solve its case and stabilize prices so that XRP returns to normal. but what if the Ripple company closes down and XRP will go zero. So if you want to buy XRP as an investment you have to use idle money and be ready to lose.
 

BrolySSJ

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Ripple (XRP) coin is really facing uncertainty over claims refuted by U.S SEC, saying the world third largest cryptocurrency was found guilty of selling illegal unregistered securities to retail customers. Leading to the lawsuit beckoned on the Ripple CEO and it's chairman. This lawsuit on Ripple have affected it's market value, the digital currency is on the worst decline in value in it's entire history, during its inception in 2012. They have never been affected this way, it's a trying time for the Cryptocurrency. We expect the Cryptocurrency (Ripple) to come out strong in the hot congestion that has plunged them.

Do you think it's still wise to buy and hold Ripple now that the price is down, hopping it goes high sooner??
Honestly, this is something that i have been contemplating myself and i think that doing so is a huge risk, and at the end of the day the bigger the risk the greater the potential for a huge reward as well. Looking at the lawsuit, it seems that ripple is quite determined to fight it off, as they view it as a threat to the entire crypto world. Therefore if they had to win, the ripple coin would gain much credibility and the price would rise considerably. Therefore i think that it is a good idea to perhaps invest in ripple, if you are willing to accept the risks associated with it.
 

Dracktat

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Ripple (XRP) coin is really facing uncertainty over claims refuted by U.S SEC, saying the world third largest cryptocurrency was found guilty of selling illegal unregistered securities to retail customers. Leading to the lawsuit beckoned on the Ripple CEO and it's chairman. This lawsuit on Ripple have affected it's market value, the digital currency is on the worst decline in value in it's entire history, during its inception in 2012. They have never been affected this way, it's a trying time for the Cryptocurrency. We expect the Cryptocurrency (Ripple) to come out strong in the hot congestion that has plunged them.

Do you think it's still wise to buy and hold Ripple now that the price is down, hopping it goes high sooner??
Wow! I had no idea this was happening but I could clearly see the drastic drop in the price of XRP. Well I think anybody who still plan on investing really needs to be ready for anything that happens.
 

Sincerem

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Honestly, this is something that i have been contemplating myself and i think that doing so is a huge risk, and at the end of the day the bigger the risk the greater the potential for a huge reward as well. Looking at the lawsuit, it seems that ripple is quite determined to fight it off, as they view it as a threat to the entire crypto world. Therefore if they had to win, the ripple coin would gain much credibility and the price would rise considerably. Therefore i think that it is a good idea to perhaps invest in ripple, if you are willing to accept the risks associated with it.
So you know why I'm still afraid to invest on the low price of Ripple?? It's because of the good track record U.S SEC hold when it comes to winning court cases. All court cases entered have seen them achieve clean swept over their opponents. That's why I don't want to gamble my money investing in Ripple, U.S SEC, doesn't orchestrate a lawsuit without clear evidence. But I pray let Ripple come on top on this one, let it not sink, cos it's lawsuit winning is a plus for Cryptocurrency in general, but the reverse it's not good for Cryptocurrency.
 

BrolySSJ

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So you know why I'm still afraid to invest on the low price of Ripple?? It's because of the good track record U.S SEC hold when it comes to winning court cases. All court cases entered have seen them achieve clean swept over their opponents. That's why I don't want to gamble my money investing in Ripple, U.S SEC, doesn't orchestrate a lawsuit without clear evidence. But I pray let Ripple come on top on this one, let it not sink, cos it's lawsuit winning is a plus for Cryptocurrency in general, but the reverse it's not good for Cryptocurrency.
Ahh i see. I was unaware of their track record when t comes to winning cases of this nature. Hopefully ripple is able to come out on top of this lawsuit. If not there will be many that are going to lose a considerable amount in their investments. Perhaps this lawsuit may prompt the move of the headquarters of ripple to japan as was previously discussed as a possibility?
 

Sotherefore

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I don't advise people to invest on ripple now because its future is completely uncertain and we do not understand or predict how is going to be,if you have money to invest i will advise you to invest on ethereum or bitcoin because from all indication its price is moving forward and they are also stable crypto currency , do not invest on things you can't actually predict future.
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I don't advise people to invest on ripple now because its future is completely uncertain and we do not understand or predict how is going to be,if you have money to invest i will advise you to invest on ethereum or bitcoin because from all indication its price is moving forward and they are also stable crypto currency , do not invest on things you can't actually predict future.
 

Bluewarrior

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Absolutely the worst time to invest right now. In fact I would suggest if you have any then please sell/trade off your Ripple. Coinbase is considering having it removed so no point. Wouldn’t even consider it an “asset” any more.
 

Sincerem

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Honestly, this is something that i have been contemplating myself and i think that doing so is a huge risk, and at the end of the day the bigger the risk the greater the potential for a huge reward as well. Looking at the lawsuit, it seems that ripple is quite determined to fight it off, as they view it as a threat to the entire crypto world. Therefore if they had to win, the ripple coin would gain much credibility and the price would rise considerably. Therefore i think that it is a good idea to perhaps invest in ripple, if you are willing to accept the risks associated with it.
That's a nice suggestion you made, I will reconsider my plans again if I'll throw my money up on it. But I'm still afraid somehow to invest on Ripple, when you look at how rapidly it is declining. From $0.30 per coin as of yesterday, but now it is at $0.28. Reducing almost 2.3% every day. That causes for panic, but that risk of investing on it might still yield out good result, if only they will be victorious in their lawsuit with U.S SEC.
 

LaylaG

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Right now I really don't think it's a good idea...at least till they're victorious in the lawsuit with S.E.C and it's rapidly declining in price.... but you could just experiment with it if you have spare,extra money... but if you want serious buisness...I don't advise that
 

Setho

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My major concern is that the united states sec in my research have never lost any case they filed in recent history. This allegation is a very bad one in ripple and even worse that they haven't come out to debunk the report. I don't think this is a wise time to buy ripple to be honest because they might actually just end up like the Facebook case and loose so many holders. I still want them to come out of it though
 

BrolySSJ

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That's a nice suggestion you made, I will reconsider my plans again if I'll throw my money up on it. But I'm still afraid somehow to invest on Ripple, when you look at how rapidly it is declining. From $0.30 per coin as of yesterday, but now it is at $0.28. Reducing almost 2.3% every day. That causes for panic, but that risk of investing on it might still yield out good result, if only they will be victorious in their lawsuit with U.S SEC.
Yes the drops have been major in ripple. Especially considering that just a month ago we were seeing a price that closed in on the 0.80 dollar mark, so it is very sad to see the coin dropping so drastically daily. If you are involved in day trading, then perhaps you can try and mitigate the risks of investing by not using your own capital into ripple, but instead only investing a portion of your daily trade profits. This way you are not physically increasing your capital into crypto but rather using what you are generating to fund a possible ripple investment.
 

WhiteHouse

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No, I don't think it is safe and wise to buy Ripples now, they have a case against the US government and it could go either way, I will advise you should hold on to let them settle their dispute and see how it goes before investing
 

Josemendez

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Ripple (XRP) coin is really facing uncertainty over claims refuted by U.S SEC, saying the world third largest cryptocurrency was found guilty of selling illegal unregistered securities to retail customers. Leading to the lawsuit beckoned on the Ripple CEO and it's chairman. This lawsuit on Ripple have affected it's market value, the digital currency is on the worst decline in value in it's entire history, during its inception in 2012. They have never been affected this way, it's a trying time for the Cryptocurrency. We expect the Cryptocurrency (Ripple) to come out strong in the hot congestion that has plunged them.

Do you think it's still wise to buy and hold Ripple now that the price is down, hopping it goes high sooner??
I believe that ripple will surely win over this present lawsuit , and the price of the coin will have a rapid growth . Presently the price of the coin is low and buying now won't be such a bad idea. Am planning on buying more now .
 

Adeyoola7

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They will continue generating profits (which makes them valid investments), but you'll never be able to buy them for under $1. For investors looking for a smart investment under $1, Ripple could be a good contender. Ripple isn't your traditional digital currency.
 

Sincerem

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I believe that ripple will surely win over this present lawsuit , and the price of the coin will have a rapid growth . Presently the price of the coin is low and buying now won't be such a bad idea. Am planning on buying more now .
Good one, your faith bestowed around Ripple (XRP) will turn fruitful in the near future. Because those with faith till the last day will benefit from exercising the patient. I believe Ripple will come on top over the lawsuit with U.S SEC.
 

Kamon c4

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Though the lawsuit is currently affecting the ripple (XRP) market now I still think it’ll be a good gmable to invest on XRP. If the lawsuit goes in the way of XRP I believe it’ll be massive for those who invests now though it may go the other way also
 
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