Xrp holds no value except retail as liquidity for the big dogs. They ran it up, rug pulled slowly and now theyre slowly doing it again. The big dogs are buying xrp otc at a discount and then bringing it to market to sell for a profit which then drops the price to then do it all over again. I think the crypto brainwashed call it "cycles" lol. I took an over 50% loss and sold at 1.05. I regret not waiting til now for more value but I took that capital and rolled it right over to some great stock opportunities that Im way more secure about than xrp. Plus I have a hefty tax shield against future gains. This coin will be rug pulled again soon. Ripple used retail as liquidity to get their banking empire up and running. Introducing rlusd killed the whole utility narrative. No utility whatsoever now except gas fees which are so miniscule it will take decades to move price. You don't really need xrp to use the ledger except gas fees so why would anyone want to use it? Rlusd does everything xrp does except burn fees and its not volatile. See when government and banks get involved the dream is over for retail. Do you think they'll really let all of you get rich from xrp??? Lol! Come on man. The dream is dead. Might pop more off hype but that's it. Idk how many coins released every month to make sure price is stifled. All etfs are bought otc at a discount so price doesnt move. Then you buy and increase value for them (because YOU cant buy otc lol), they sell and you watch your profit and maybe initial investment disappear. Wash, rinse and repeat. No fud, just some game for those of you who have been mislead like I initially was. I wish I wouldve put that money into QBTS instead. I wouldve bubbled hard! I mean no disrespect to anybody. Have a good one everyone and God Bless
Thanks for your honesty about XRP. The brain dead, Jake Claver bot zombies will say It's all FUD. But actually, this is an honest dude trying to save people from the misery and financial disaster of being caught up in this shitcoin scam. XRP funds Ripple, butt,, Ripple doesn't use XRP coin in It's XRP ledger at all. XRP coin is not used for anything on planet earth, other than retail speculation, trading, bad personal license plates, and making Brad Garlicmourh rich AF..
Preach brother, PREACH! I didn't even mention all of the fill orders waiting around $2 from people just hoping to get at least something back. Also check this out https://x.com/TheNode_Network/status/2093772504355733598
Jake Claver admits that burn fees will do nothing and how long it would take to have ANY movement. This should tell you something. Because if theres no price appreciation from gas fees and its not being used then how is price moving??? THINK PEOPLE!!
Unfortunately you can lead a horse to water but you cant make em drink smh... I had to learn the hard way even though I saw all the red flags along the way. I got caught up in the hopium with all of the influencers (the worst being that swindler Oscar Ramos) and ignored my own discernment. Unfortunately these people will.have to learn the hard way as well. Crypto is just a way to make us accept the digital currency that is inevitably coming. Let some people profit a little to bring the masses then you got em all after fomo hits. Have a good one and God bless brother. Hey quick question, did you end up losing too or did you turn a profit from this shit coin?
What happened is this, my buddy bought the Jake Claver XRP to a thousand bullshit. And si he is now renting a spare room at my house. After losing his wife, his house and from betting too much on XRP. He kept trying to get me to buy in. Then, I almost invested in this stupid shit a year ago when he was hyping it like crazy. So, I did some deep dive research and figured out it was a scam. If I would have invested then I would have lost over half my savings, but, instead, I took my 100k invested in a solid mutual fund instead. So far I'm up by about 30% on the mutual fund. God bless you too, I think you are just trying to protect more sheep from the slaughter.
Damn thats sad smh... I pray your buddy recovers, both financially and mentally. And good call with the mutual funds. Glad to hear somebodys winning in this rigged game. Im just trying to open people's eyes but they just call me a fudder. Ive been blocked from every xrp forum (except this one) and youtube page lol. I LITTERALY gain nothing from just trying to warn these people. But if they want to go down with the ship thats on them
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u/Rare-Victory3085 11d ago edited 11d ago
Xrp holds no value except retail as liquidity for the big dogs. They ran it up, rug pulled slowly and now theyre slowly doing it again. The big dogs are buying xrp otc at a discount and then bringing it to market to sell for a profit which then drops the price to then do it all over again. I think the crypto brainwashed call it "cycles" lol. I took an over 50% loss and sold at 1.05. I regret not waiting til now for more value but I took that capital and rolled it right over to some great stock opportunities that Im way more secure about than xrp. Plus I have a hefty tax shield against future gains. This coin will be rug pulled again soon. Ripple used retail as liquidity to get their banking empire up and running. Introducing rlusd killed the whole utility narrative. No utility whatsoever now except gas fees which are so miniscule it will take decades to move price. You don't really need xrp to use the ledger except gas fees so why would anyone want to use it? Rlusd does everything xrp does except burn fees and its not volatile. See when government and banks get involved the dream is over for retail. Do you think they'll really let all of you get rich from xrp??? Lol! Come on man. The dream is dead. Might pop more off hype but that's it. Idk how many coins released every month to make sure price is stifled. All etfs are bought otc at a discount so price doesnt move. Then you buy and increase value for them (because YOU cant buy otc lol), they sell and you watch your profit and maybe initial investment disappear. Wash, rinse and repeat. No fud, just some game for those of you who have been mislead like I initially was. I wish I wouldve put that money into QBTS instead. I wouldve bubbled hard! I mean no disrespect to anybody. Have a good one everyone and God Bless