XRP

Bangin_Gears

Very interested in this. I have a huge chunk of large caps and they're just sitting. A few of them are staked. I'm earning jack, though. I parlayed a bet from BTC into XRP before the massive rise and now its my largest holding. I'm curious about the various XRP specific options for liquidity pools if anyone has a solution.

0mnipath

There was no way to tell shitcoins from not shitcoins. How exactly do you do that? And not all of them shitcoins. I put big amounts into DOT, ADA, MATIC, ALG which had the hype of good projects. All those projects are doing very poorly with their prices while SOL and XRP jumped heaps, for example.

LargeSnorlax

What's the point of looking back with 20/20 hindsight goggles? If I bought XRP or BTC in 2010 I'd be rich. If I bought more NVIDIA instead of CRSR I'd be more rich. If I didn't buy that altcoin that went to 0 I'd have more money. You can look at literally everything with these goggles and of course the best trades look good. You could've also bought a million stocks that went down too. Pointless to live your life thinking about *"What ifs"*. If you want, learn from that and put more money into stocks if you think that's the way to success. I've had a fantastic year in stocks too. My crypto's doing ok but this was largely a profit taking year. Bitcoin and alts already had huge runs in 2023/2024, money doesn't go up forever in an asset class. 2022-2023 sucked for stocks.

wobes11

Exactly, that’s how I made money. I bought CRO, XRP, XLM, years before the blow ups earlier this year. I sold some and moved into Bitcoin…I’ll be holding for 10-20 years.

tcookc

not that I know of...they still have LPs on tinyman and Pact and lending pools on Folks Finance, and their website says coming soon to XRP

JCSTR45

Can’t believe people are still leverage trading. I’m still buying XRP & ADA every paycheck. Been holding for 4 years what’s holding another 4.

yann1i

Xrp was trading for around 0.4 start of Trumps campaign for presidency when he won Cryptos pumped XRP then made its move to around $3.10-$3.40 you are just late XRP and XLM were amazing to buy in August in 2024

Next_Explanation_657

You bro's made my f'ing day. I have never seen such real empathy and compassion about any crypto loss ever, but a scam loss? you all are truly the best. This is awesome, take a gander at the r/XRP. Those aholes would be relentless if you wrote about crypto loss. A scam, you'd be ripped apart. This is wonderful. Thank you!!!

Gallus_11B

Lmfao no I didn't. When I sold before trump took office for example my xrp sell price was 3.15ish, the top was 3.40. When I bought back after the april tariff disaster I didn't time the exact bottom. For example it bottomed down in $1.90 but my average ended up being around $2.15. And after it rallied up at the end of the summer it still ran for a few weeks before it fizzled out at $3.65 but I had sold again around $3.20. I'm not a TA master. My strategy was 100% to expect Trump to nuke the market and to buy the rubble, and pull nice 30 - 50% gains without getting greedy. But it was a wayyyyyy better strategy than hoping XRP would roll to $100 in Q4 and hodling. Or waiting for etherium to hit 10k lmfao.

megaman0007

We are entering a bear market. This is the time between now and year end when everyone unloads their crypto into cash and we enter a 2 year down trend. There will be a good time to buy XRP in late 2027. Right now you want to have cash, or have your investments managed by Fidelity Go, or a similar program.

Klutzy_Sock2179

i just sold all my XRP buy bitcoin

Cesare5747

XRP will pump 25% on November 16th

Nice_Assumption_6396

Are you sure November 16th? What about November 17th? You clearly seem very experienced please give us your XRP price forecast. What will happen on November 16th that I should look forward too?

-crypto2025hold-

Lots of good things said about Ripple XRP and everyone thinks it will be the new money for the world but banks are building their own crypto rails and may not be using XRP. Although maybe banks will use it. In my opinion Ripple labs will become their own bank and use XRP as a competitor to traditional banks.

Moto_Musashi

BTC would be smart. But diversifying into metals and land would be smart as well. XRP is a long shot and kind of against why crypto was invented in the first place.

Cesare5747

November 16th XRP 🚀🚀🌕

RAT-Z98

its kinda sad how schizo attached to your bags XRP baggies are. truly a cult

Lehcen

All my bitcoin I acquired is from shitcoins. Shout out to Shiba Inu, XRP, HBAR etc. still holding some waiting for an unlikely Alt coin bull market to offload the rest.

thisAnonymousguy

can’t wait to sell all my XRP honestly

Major-Rabbit1252

I like how you blame crypto for your financial ruin and not yourself. No one should be investing money that they don’t have You also are unlikely with timing and also severely impatient. If you bought BTC/ETH a couple years ago then you’d be doing backflips right now. You either bought shitty alts or bought the blue chips near ATH This also isn’t the place to “trade” or go long/short. Just DCA into coins attached to tech/use in the new financial system and then hold I have some BTC for the scarcity, but am primarily invested in ETH, SOL, LINK, ADA, XRP. Are all going to hit and 100x? No. Investing is a risk. With that said, these are all coins that can be players in the future of finance.

MittenCollyBulbasaur

BTC is many things but it's not "freedom". It's the hardest money man ever created. Built without trust. Trump's tweets are making sweeping market changes but he has yet to say any words that challenge the freedom Bitcoin represents if used properly. That's probably why he would prefer a model that involved using a shit coin like XRP, where they can manipulate the Blockchain better.

Nineteen_81

XRP is risky af. ALL Crypto have zero use, it's all snake oil, Bitcoin is the only thing keeping the space alive because it doesn't pretend to do anything else other than store value and beat inflation in a decentralised manner. Everything else is very likely going to eventually disappear. I learned it the hard way after seeing a lot of the 'super revolutionary technology coins with a very useful purpose' I bought lose 90+ percent of their value. I ignored the advice given to me and bought into the hopium that people shilling the shitcoins they bought were promoting, but in the end they were just trying to recover their investment and then dump their bags.

AutoModerator

Post is by: alex-g99 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1omdkvv/my_n8n_crypto_analyst/ Hi! I made this n8n workflow that uses BrowserAI for scraping crypto news and Chart-img to grab BTC, ETH, SOL, and XRP graphs as images. It runs twice a day and sends updates to Telegram. If anyone wants to test it or give feedback, let me know. Happy to share details! [https://n8n.io/workflows/8252-crypto-market-analysis-with-chart-img-browserai-and-gpt-insights-to-telegram/](https://n8n.io/workflows/8252-crypto-market-analysis-with-chart-img-browserai-and-gpt-insights-to-telegram/) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Danmatus-1991

Couldnt be much worse than XRP though tbh

Successful-Alfalfa64

Right, Trump didn't have anything to do with it. The market chases liquidity. People need to learn Elliott Wave Principle. Also ICT. The charts are flowing the way they should be. XRP isn't a currency, it's a utility. Once institutions start utilizing it, the price will go up. 

BenniBoom707

Here is the 1 year growth for the top 10 Alt Cryptos (no Meme Coins included): 1. ETH- 53% 2. BNB- 90% 3. XRP- 385% 4. SOL- 10% 5. TRX- 77% 6. ADA- 69% 7. HYPE- 1230% 8. LINK- 51% 9. XLM- 225% 10. HBAR- 325% Bitcoin is up about 58% in the last year. 7 out of 10 of these Alt Coins outperformed Bitcoin, and a few of them extremely outperformed Bitcoin. Bitcoin is great for a store of value and it will always go up overtime, but you will have the largest gains investing into Top Altcoin projects. Last year, instead of buying Bitcoin, you could have diversified into these ten projects and beaten Bitcoin by far. Also would have been a lower risk investment because not all of your eggs would be in one basket.

ov3rw4tch_

XRP… yikes. Sell and buy into Bitcoin.

intelw1zard

More like the entire XRP ripple lawsuit that was pure bullshit and forced Ripple to spend like tens of millions (if not 100s) of dollars to defend themselves.

cosmicselva

7 days ago you were bullish XRP. Make up your mind

R2Gonlytakesone

I’d be concerned. Bull market is nearly over in a couple months. I expect at least a 90% XRP haircut

Sad-Crow1890

Diversification is good. Digital assets are here to stay- so says the us gov, most major banks and financial institutions and the European bank. The major crypto top 10 are all being used and seem to have a bright future. XRP is being used in anger. Despite FUD it works and 50% of it is in escrow for the one of the fastest growing financial companies in the world who have openly committed to its use. I can see why your parents made that call. Take what you want from this but I for one wouldn’t be that concerned. I mean the froth this year (10x ish). Could easily be repeated based market cap and a small slice of future use.

BenniBoom707

Yes you are correct. XRP was $0.50 during the last Bear Market. Your parents will panic sell when that happens. Tell them to diversify into BTC and ETH

G3RSTY7

The way I’d treat this is explain to him that you’d like him to diversify a bit (BTC, gold/plat, SPY whatever) but you can have a big bag of XRP. If XRP moons you’ll be like “dang shoulda listened to my dad could have had more oh well” but it’d still be a win/win. If he goes all in on XRP and you’re left with little—your memories of him might be slightly less fond..

Just_Brief_7394

Kaspa solves the trilemma problem, XRP has contracts with thousands of banks and seems like it’s going to fit well with RWAs since it’s institutional… meanwhile, Ondo is already tokenizing stocks… Litecoin has the argument of being the silver… in short, they all have solid arguments.

randomFrenchDeadbeat

First, check out how/where they bought XRP, tons of scams around. Second, XRP, really not my first choice since the specifics of that crypto is it can be used to "mix" its origin when transfered, hence it is very often used as a way to hide ill gotten crypto. Third, and that is my opinion after yers in it, there is not much real diversity in crypto. Tons of shitcoins for sure. Long term though ? BTC and/or ETH . I would not put my money anywhere else. fourth, why the hell do they want to create a trust ? They get a cold wallet and put the tokens on it, job done.

Wonderful_Crow_3135

Before throwing around numbers like “500x,” you first need to understand market capitalization. You have to explain to me how coins like XRP or ADA, which already have massive market caps, could ever pull that off they’d have to surpass Bitcoin, which is completely unrealistic. Let’s stay grounded Kaspa is probably the only project that has a real chance of doing at least 50x, thanks to its low market cap and the fact that it hasn’t yet experienced a true bull run, unlike most others. People love to say “nobody cares about technology” but that’s simply not true. Ethereum rose because of its technology, just like Bitcoin did in its early days. Technology matters and Kaspa’s tech is, at least in theory, the best out there. I challenge anyone to prove otherwise. As has already been discussed some time ago, it looks like we’re in a super cycle, and it’s very likely that the bull run will peak in 2026. When big money starts flowing into crypto, the large-cap coins like Ethereum, ADA, XRP, and the rest might only do 2x or 3x if they’re lucky. That’s why I’ve put everything on an emerging technology with a strong community, major ongoing developments, and a truly advanced technological foundation. For me, Kaspa is the only one that has the potential to outperform every other coin. If you want to play it safe, buy Bitcoin and just hold it. But don’t buy Ethereum that just shows you don’t understand blockchain technology at all. And the same goes for all the other completely useless coins. Go study BlockDAG, VProgs, and DAGKnight the protocol of the future.

Abanikandy

XRP is going to zero lol

Financial_Clue_2534

Bitcoin is the only “crypto” that is truly free from government interference. It can not be controlled by any entity, rolled back, etc. You’re entitled to your opinion but allowing Ripple and their XRP token to operate without regulations is madness. Just recently you had Celsius, blockfi, ftx, countless of meme rugs, Binance not letting people cover shorts. This is healthy or good for the space as you know since alts have done nothing but bleed against bitcoin.

Bangin_Gears

Best of luck to you, comrade. In the early days, I've always set my target for where I thought a particular coin was going, then sold 30% under that target. My thesis, going into this bull market, was that BTC was going to $140ish. So I sold at 100k and bought XRP with those gains. It's worked out really well so far. May the crypto gods be with you. 🤘

crypt0kiddie

I invested a few thousand each in SOL and AVAX before the first ATH. I did not sell. 🤡😭 Solana's doing well again I suppose. I'm just under 100k XRP @$0.24, and I finally started investing in BTC and ETH. I'm still alive, have a job and I'm not homeless. 🤷🏻‍♂️

Antique_Tale_1865

First it was XRP after it was ZEC, bull market but not for our coins

JohnFridge

Open your mouth and tell them your opinion. Hopefully they did split it up over various investments. XRP is a good one to buy at the moment, but it may have been the safer option to have split that money up over Bitcoin and other popular Alt Coins. I do not believe you will be at ANY type of a loss at all, and this will overall be a good thing, but if it's going to he yours, then have a little input.

Head-End-5909

I only buy BTC and ETH now, but still hold some XRP, LTC from years back. Just don’t want to deal with capital gains just yet.

Bln8119

Your parents are smarter than you. They know what’s coming and so do I, you will inherit generational wealth. XRP is the future if you don’t believe it do a deep research and you’ll come to the same conclusion. See you on the Moon.

Cold_Pie_78

Btc, eth, sol, link...In my non professional professional opinion, these will be the main players. Not sold on XRP. Way to much hype for me. Seems more like a pump and dump

AutoModerator

Post is by: Bangin_Gears and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ol3165/cryptothemed_investing/ I've been in crypto since 2019 and have been long BTC, ETH, XRP, SOL, etc for most of those years. I haven't added any new money since 2022, just playing with some gains. (I actually bought a car with BTC gains). As the crypto space matures, and as my gains continue to rise, I've done...well, nothing. I haven't trimmed my portfolio, invested in new projects, balanced my portfolio. The last thing I did was trim BTC when it hit $100k (the first time) and bought more XRP. Long story short, I feel as though I'm wandering aimlessly in crypto without a theme, or structure, for what I'm doing. Now, on one hand, I've done very, very well for gains. On the other hand, I don't want to "trade" in this market because the gains are prohibitively expensive in my current tax structure with a high income. So my crypto just sits. And sits. I'm not getting impatient, per se, but I cant help but wonder if I should be more focused on a strategy of some sort. Is anyone else in the same boat? Can anyone provide insight into a strategy they use? Or is it just HODL until I can buy my own island? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

MakCapital

XRP is technically not a scam but you own a piece of a network which generates 0 revenue with a company that holds 50% of that asset and does nothing but sell it to increase the value of that company and their shareholders. Not technically a scam, but as close to one as you can get since it's advertised as something it is not. It's ownership over a dead network. Not a currency. It's like buying ownership of some convenience store no one shops at and makes no money. It's not a scam to buy ownership over it, but it's dumb. The shop owner knows it makes no money. He's going to keep selling his ownership over that shop until there are no more interested buyers. In order for new buyers to seriously need to be interested in buying ownership of the shop, the shop needs to actually make money that comes back to the owners. That's not happening. You don't long term invest in something that no one uses & generates 0 returns to the owners. Your dad is now part owner of something no one uses, makes 0 revenue, and this other group (the issuer) owns the majority and has no choice but to keep selling their pieces of ownership in order to keep their group happy. A really, really, bad financial decision but not completely a scam. "Crypto" has one legitimate publicly managed currency. It's called Bitcoin. Every other token in existence is ownership over something else and that something else better generate returns to the owners or their value bleeds to 0. Few exceptions like tokenized commodities such as gold or tokenized fiat such as USDC, but you should understand the point. Everything gets tokenized. Everything in the world is crypto. All crypto can be used as currency. Only tokenized fiat or Bitcoin is actually valued as currency by serious people. Most everything else needs activity and revenue or bust.

Eggholelipz

Unfortunately, your parents have bought into the narrative of XRP being the instrument banks will use for cross-border border payments and/or as the global settlement layer. At least, that's what it looks like to me. Banks will use stablecoins for cross-border payments, not XRP. Most all banks without liquidity issues have no need for the actual token of XRP. They can use RippleNet without the XRP token. XRP is an altcoin. There will be an ETF for XRP, but it's still just an altcoin. Buy it for the pumpamentals, then dump it. It's not a long them hold. Do you know what IS along them hold? BTC and BTC only. The only time I would be concerned about Bitcoin is when/if quantum computing comes along and there are no safeguards put in place for BTC. There are several articles and explanations out online that you can present to your parents to essentially deprogram them from this narrative. Something simple to explain to them why, if they are going to hold a crypto long term in any kind of investment instrument, it should be BTC and BTC only.

layspringlesnachos

XRP is a pretty gpod coin and is a long term hold. DYOR though.

ConjunctEon

What’s a “chunk”? 1% of net worth? 10%? 50%? If their net worth is $1M, and they dropped $5k, I wouldn’t be worried. $100k, I’d be worried. Especially if they are at a stage to consider aging and health. You have to make sure he’s buying XRP the legit way, not through someone on WhatsApp. That’s dangerous.

DontBuyMeGoldGiveBTC

Xrp is a scam coin. Let me explain: they had one offer, and they didn't deliver on it, and yet they keep selling and printing the coin. It is a coin that has one of the worst price trends. For top quality coins buy btc always, eth and bnb second. However, prices are jacked up to the max right now. All nearing all time highs. Very likely it'll take maybe a decade to see any significant profit. And XRP won't be the one boasting on it because it'll very likely stay flat or go down. If you're going to buy to secure generational wealth, the play is coins with proven generational track record like btc and eth. Research in depth. XRP is a lost cause.

_TheWolfOfWalmart_

Buying "crypto" as a long term investment is a terrible idea. Altcoins like XRP are for trading, not holding. Bitcoin specifically has shown to be a good long term investment *so far*. If they're going to do this, it should be Bitcoin.

watch-nerd

Math fail again. 100x for ADA and XRP would be 10 TRILLION market cap each.

Just_Brief_7394

When I said x500, I was referring to slightly smaller coins, but for ADA and XRP it would be x100. If ADA and XRP don’t achieve a x100 in the coming years, they will be a failure. In fact, it’s expected that the total crypto market capitalization will exceed $50T… from there, growth is expected. If these cryptos don’t make a x100 and lose value, the risk isn’t worth it… it was easier to stay safe in ETH, making a guaranteed x20… rather than chasing a x20 in a less secure coin like ADA.

filenotfounderror

Well, its probably safe in coinbase, but 20k isn't even remotely close to create generational wealth and also....why XRP? The only people who dont think XRP is a shitcoin are people who own XRP.

Scottex99

Hahaha XRP and generational wealth is an oxymoron

watch-nerd

500X out of ADA, XRP, etc, from here? That's a market cap of 50 TRILLION dollars. OP, can you do math at all?

Facedownfinsup

Woah calm down. I meant it’s same as stocks in the sense you pick your project that you believe will do well. There are also stocks that people buy at very low cost and get 500x return…. Because they did their research and got in early, And that’s “dealers choice” so they say. If you personally want to invest in Microsoft and jump on the bandwagon and invest conservatively have at ‘er. Not everyone is going to invest in the same way as we all have different personalities, goals and knowledge about a particular asset. I wouldn’t invest in a company I see flopping, but there is always *always* going to be unpredictability aspect to investing stocks… even if you choose Microsoft. World could be Nuked tomorrow, could die in a car accident, could end up with a dictator one world government that doesn’t allow us to even invest in stocks. My point being, if someone believes in an asset like XRP for example and does their research thoroughly and isn’t just jumping on a bandwagon to say “why no lambo” when they don’t 500x in a month, and has patience, no it’s not “pointless”.

nomoney110

The only good thing about the major corrections is that they're extracting money from the many worthless altcoins, as there's still far too much capital tied up in them. XRP and Solana, in particular, need to be halved again. That would be the best case scenario.

whisperedstate

Not sure I would call XRP with a 300B mcap maturation of the market.

Illustrious-Gold4450

That’s actually a pretty strong signal of where things are heading. When parents start thinking about XRP in the context of trusts and inheritance, it shows how web3 and digital assets are slowly blending into traditional finance.

Aromatic_Bed_8439

Only, if Judge Torres had found that XRP (and it's uses) wasn't legit, then she would never have ruled in it and Ripple's favor like she did. Judge turned out to have a far better grasp of crypto (and Ripple/XRP) than she was initially given credit for.

Facedownfinsup

It’s like any stock… what company do you believe in? Future is going digital, whether that’s 5 years, 10 years, 20 years (I don’t think that long). There will be a need for utility coins. The allure to altcoins is, if you get in early enough, you absolutely can become wealthy. But… you have to pick the right one. And you won’t get rich overnight (esp with utility coins - they need actual utility. Are you prepared to wait for that to happen as the world changes or are you going to sell after holding for a couple years without much excitement) Do your research - I’ve got about 8 crypto investments. BTC - ETH (because I prayed and for some reason Ethereum popped into my head when I’d never even considered putting anything into Ethereum) … XRP, XLM, HBAR, SOL Is it pointless to hold the other coins? Depends what your definition of pointless is. They could skyrocket. They could fail. I personally can afford to lose the 4,000$ or whatever I have into XRP. Hey, I’ve never been great at saving money in the first place (I’m a spender) so it’s cool to be able to spend it on projects and companies that I see doing well with the *potential* to bring wealth should one or two of them hit. And then I will re invest again if I do make money for my children and their futures. And yeah I’m DCAing Bitcoin as well but I definitely have my “potential moonshot” projects where Bitcoin is just like, okay, I don’t have much but I’m buying it because if it hits 1M or something I’ll hate myself for not buying some now. And if Bitcoin hits 1M, you can bet a few other coins will have gone up pretty substantially as well.

CryptoBasicBrent

The fact that it's in XRP really makes me suspicious of this. That's like the number one "Crypto is gonna make me $1billion off of $12" coin. I'm guessing this is some kinda trading scam and I'd press to see where they're keeping it.

AutoModerator

Post is by: Just_Brief_7394 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1okqofh/i_think_it_doesnt_make_sense_to_invest_a_lot_of/ Hi!! I’ve been investing in crypto for **a year now**… Recently, I made a post here sharing my experience of being **completely confused** by so many projects, all of which seemed good… After a lot of reflection… I think I finally cleared my mind, and I wanted to share it with you to hear your thoughts… The **conclusion** I reached is that the only projects worth seriously investing in for the **long term are Bitcoin and Ethereum**… The rest of the projects (XRP, ADA, Kaspa, Velo, Stronghold, Zcash, BCH, LTC, Avalanche, TRX, etc…) I might at most invest **$200 in each** (maybe $1,000 in ADA and XRP)… Why? Because if any of these projects **don’t do a 500x in the long term, they’re basically a failure**. And if they do hit 500x, those **$200 would become $100,000**… If they only do 10x or 20x, it’s better to stick with **BTC and ETH for the long term and sleep peacefully**, because I’m sure these projects will grow at some point… What do you think? Does what I’m saying make sense? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Frodo_Beutlin_007

XRP is institutional Crypto overpriced and worthless…

CryptoFructo

XRP is going to zero. it has no value. it does nothing.

AnyCicada1788

There's 17 billion dollars worth if BTC and ETH options combined that are gonna be expiring, majority of them will be liquidated given the bulk of the option calls placed and that in turn would push down prices even further hence fear is at play rather than greed. Nobody would wanna put in money at this time to see it drop even further over the next couple of days. Also, if you look at it, SOL, BTC and ETHs ETFs couldn't spur price growth hence I feel sorry for those who think XRP will moon cos of its ETF launch. My advise would be to wait for the dip cos there are bigger things at play that we don't see. Nothing is making sense based off the market and news information hence don't be a sucker for others to profit off from.

Long-Ad7490

I think the only thing that matter at the moment is the approval of XRP etfs. Bitcoin is at key levels and it is also the end of the month (it doesn’t matter how fancy you call the month) which is important in regards to the market. We had massive volumes, a lot of weak hands have left the game and I feel like we’ll see a big green candle in the 3 month charts when we get at the end of the year. Don’t let the news distract you from the big picture.

Illustrious-Gold4450

Crashes come and go, but real builders don’t stop. BTC, ETH, and XRP make sense. I’d just keep an eye on what’s forming around the new financial and web3 banking layer being built quietly beneath it all.

Illustrious-Gold4450

It’s easy to feel lost when every project claims to be the next big thing. But I think the real future’s in infrastructure and real-world use: XRP and XLM actually move value, and Vaulta’s building the kind of web3 banking layer that could tie it all together.

Comfortable-Half5165

Putting everything into one crypto, especially XRP, is risky. Diversifying is the smart move — maybe suggest they balance with traditional assets too.

FibonacciBoy

So buying BTC at 100k now for a maximum 2-3x in the next 5 years ? GTFO. Waste of time, I’ll just throw my money in a ROTH at that point😭. Buy XRP or Vechain if you trying to make money 🤣

Illustrious-Gold4450

BTC, XRP, FET and A (Vaulta)

majorhitch89

If it drops don't sell, wait for the next cycle and then sell before it drops again, just make sure they actually bought some XRP and have it in a wallet or an exchange, i did a 7x on XRP this year when it reached 3.4 and sold all of it, i think they are too late now.

CedarRockSC

If they have a Trust set up, there must have been an attorney involved. The Trust needs to be recorded like a property deed. How they are procuring XRP, cold wallet, hot wallet, brokerage account, etc, would be documented. Hopefully this would help preclude being scammed, but maybe not. In any case, they should let you know who set the trust up, and you could then ask some pertinent questions

footfall99

XRP is a fat scam

wildwych

Never trust bankers. They win because they will rob their customers blind to be certain of it. I worked (pre retirement) in the finance industry in an offshore jurisdiction. Banks, trust companies and any other holders of other people's money taught me to trust NONE of them with my money. One Trust company (a big, well known name) were so bad that they nearly had a walkout when "trust officers" were told that they must anticipate dividends coming in and claim their clients portion of the lump sums for all clients when they arrived. Previously, they ignored emails telling them that a dividend cheque had been received and paid into the company's holding account. Those clients would routinely be robbed of their dividend income previously. XRP is rubbish. I have and never will buy any.

GreenStretch

I've owned XRP for several years and hope to sell for profits this year. It's not something to recommend to anyone who is not experienced with crypto. Maybe a little BTC through a major investment firm for people like your parents.

CruisinToFinishLine

If they invested less than $50,000 in XRP, then don’t sweat it. Let it ride for 2 to 5 years and you may be pleasantly surprised.

cantreadcantspell

why is it always XRP? 😂

Rednoy12

XRP is a scam

jaxxon

Ask them to exchange XRP for BTC and you're good to go.

ntc2e

man XRP is really struggling and since this interaction has lower highs and lower lows for 3 months now. keep holding these bags. don’t forget crypto is a casino, and you are NOT the house.

MariachiArchery

I am bullish on BTC and ETH long term, and so is my old fart financial advisor. I am not bullish on XRP long term, and neither is my old fart financial advisor. I would highly recommend moving into either BTC, ETH, or an SP500 index fund depending on risk apatite. Market has been overheated for a long time, consider a short term, 15 month, buffered UIT.

vbsponger

Brilliant parents. XRP will do really well over the next 2 months. Expect ups and downs next couple weeks and then up, up, up. I think ETH however will outperform XRP slightly

Agreeable_Side_5043

XRP is not risky. Bitcoin could easily go to zero considering there is very little use for it I guess we have to wait and see

Agreeable_Side_5043

Tangem is by far the easiest one. It was the 3rd one I bought. I couldn’t even figure the other 2 out. I only had a little money but I believe XRP will do well

Agreeable_Side_5043

XRP will bring you extreme wealth but it’s probably going to take a few years. DO NOT SELL. If I was you I wouldn’t diversify. Usually that’s bad advice, but not in this situation. It is being artificially held back until everything is in place (new finances system) and that’s all happening now. Get it off the internet and into a cold wallet. I recommend Tangem wallet Good luck. They have obviously done a tonne of research. If you wanna know more imo the best guy to learn from is Versan Aljarrah on YouTube. He k owes his sh!t like no other and he doesn’t blow hopeium up your arse 24/7 like the rest

mkuraja

Nobody that's held bitcoin for at least 4 years is sorry. There are many, many altcoins that have come and gone. All those people are sorry. Some altcoins are dying a slower death than others. XRP is one of those garbage coins. If the switch to bitcoin doesn't (can't) happen, then just make peace with it now that there will be no worthwhile inheritance. If, for whatever reason, there's still time for your dad to learn, have him meet with more people to explain this to him. Why only BTC Bitcoin is the way, and everything else is digital Pokémon cards.

itsadiseaster

Really? No! It can't be! The difference is they make the rules not your VeChain or other totally useless XRP, AAVE, SOL, ADA or whatever else you put on the list here.

Objective_Digit

> Your biggest concern shouldn't be about XRP Yes it should.

Objective_Digit

As if XRP decides the market.

astroslostmadethis

Recession Indicator. XRP? Bitcoin or Ethereum only for actual "investing". And even that is speculating to much. Depending on how much the savings is. It might just be smarter and safer to drop it into SPY/ETF/Bonds etc. A retirement account even.

AprilsMostAmazing

1) Make sure they putting money into a legit exchange and not a scammer website 2) In my opinion I think putting everything into XRP is a bit risky. I personally use XRP for quick turnarounds

it_8nt_my_fault

I thought you said that your parents bought "CRYPTO"...? 😳 Set aside the fact that XRP is the most anti-crypto cryptocurrency in existence... Not the most prudent investment advice at this point in a maturing bull market.. not saying it's impossible to profit (especially factoring in altseason)... but just will prove to be significantly more difficult with positions entered so near market highs. Also, did I mention it's XRP? Just my 2sats 🪙🪙

meep568

Insurance billing I am familiar with. They're putting all their eggs in one XRP basket with little savings and a kidney transplant on the horizon if my dad's heart is well enough to get back on the list. I know he's not going to make it that long. They're going to need that money soon and I firmly believe this is a bad move. I don't care if you think XRP is going to take off. There's more pressing issues at hand here.

whiteycnbr

I wouldn't bother with alts, outside of ETH and BTC. The XRP will go to zero eventually.

meep568

And do tell where that money is going to pay for my dad's medical bills when it's all tied up in XRP?

meep568

So you think what they did was smart when my dad is about to die and they're going to need all that money for medical bills? And borrowing against a 401k to make this move? I don't know enough to get into a debate with you about understanding what XRP is, but I know enough that they don't have any business doing this. This post has made that very clear to me.