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Why do people still invest in XRP?

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by COINS NEWS 42 Views

Genuine question. It has been an under performer since the high in the 2017 bull run, since then it hasn’t been able to make new highs. The btc/xrp chart is literally down on Btc after 10 years, ripple labs is known to continuously unload tokens onto the market keeping the price down.

I was heavily invested in 2018-2019 when I entered the market but then ended up selling it all into eth which was a really great move, since then I haven’t looked back.

Why do you guys still believe in xrp?? I don’t get it, it’s never a good sign when a coin can’t break its previous highs in a bull run. And you can’t entirely blame that on the SEC case, even without it I don’t think it would’ve gone much higher as payment solutions was not a narrative that got much attention that cycle.. and this cycle coming up I just don’t see people coming in getting hyped about xrp.

It just doesn’t stand out in any facet and I argue its time in the top 10 is coming to an end, it’s still hovering around the same price it was over 5 years ago when I entered the market. You’d be better off with most stocks at this point. what is the reason you’d pick xrp as an investment?? I just get so confused when people still think it’s a good addition to a portfolio

Edit: I actually agree with the people saying this sub is like the best reverse-indicator and I've used it before on the Solana bottom when it was being fudded hard by this sub. That being said I've heard 100s of 'XRP to the moon next week!' or 'SWIFT adoption $589 XRP in 1 month!' videos over the last 5 years and XRP has never performed, I actually hope you XRP holders are right and it moons.. I just don't see it. I'll revisit this later on in the bull market and lets see how XRP has faired to the rest of the market. It will go up with the rest of the market for sure, like it always does. I just think it will be an under-performer compared to other coins. Good luck XRP army! I'm not a hater just think it's a bad pick for a bull market

submitted by /u/softbananapants
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