03-27-2022, 06:19 AM
As an XRP investor, I am still appalled by Ripple's selling off, giving grants and d
<!-- SC_OFF --><div class="md"><p>Serious post. </p> <p>I hope Ripple wins, but as a years long investoir I know that selling off, giving grants that yield to nothing (for all those years of giving them, what projects except xumm paid off? They gave hundreds of millions pf XRP so far), they will keep donating to get brownie points etc, all while investors hold a bag.</p> <p>If Ripple wins the lawsuit, I would predict that there will be initial huge pump and then slow bleed like before all while Ripple tries to dillute market with XRP in ways that would not make it a security (so giving grants, donating, etc).</p> <p>I understand that they are in precarious position as to they have to thread lightly, but as an investor it really is disheartening. I have made good decision of selling portion of my position and buying different coin which gave me x3 returns, all while XRP bag sits and is the worst investment so far, I could literally invest in even gold to get better returns, stocks would yield better as well. </p> <p>Also, initial dump after pump if Ripple wins by investors who just want to get out will be painful and volatility will be high which is another thing I am tired off.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SquarelyCubed"> /u/SquarelyCubed </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tolnud/as_an_xrp_investor_i_am_still_appalled_by_ripples/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tolnud/as_an_xrp_investor_i_am_still_appalled_by_ripples/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Serious post. </p> <p>I hope Ripple wins, but as a years long investoir I know that selling off, giving grants that yield to nothing (for all those years of giving them, what projects except xumm paid off? They gave hundreds of millions pf XRP so far), they will keep donating to get brownie points etc, all while investors hold a bag.</p> <p>If Ripple wins the lawsuit, I would predict that there will be initial huge pump and then slow bleed like before all while Ripple tries to dillute market with XRP in ways that would not make it a security (so giving grants, donating, etc).</p> <p>I understand that they are in precarious position as to they have to thread lightly, but as an investor it really is disheartening. I have made good decision of selling portion of my position and buying different coin which gave me x3 returns, all while XRP bag sits and is the worst investment so far, I could literally invest in even gold to get better returns, stocks would yield better as well. </p> <p>Also, initial dump after pump if Ripple wins by investors who just want to get out will be painful and volatility will be high which is another thing I am tired off.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SquarelyCubed"> /u/SquarelyCubed </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tolnud/as_an_xrp_investor_i_am_still_appalled_by_ripples/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tolnud/as_an_xrp_investor_i_am_still_appalled_by_ripples/">[comments]</a></span>Kind Regards R