XRP is not an unfamiliar cryptocurrency; it's a well-established mainstream coin that has performed very well recently. It once surged! I used to own tens of thousands of XRP, but under a friend's persuasion, I sold all of it, claiming that legal issues would lead to it being delisted! Thankfully, I later bought some back! This coin was already expensive in 2018! I've seen some big players bearish on XRP! I remain optimistic about XRP! Here are my views:
1: I have always liked to go against the big players. If you are bearish, I will insist on buying bullish! This is purely personal bias!
2: Political influence, the CEO of XRP and Trump have a close relationship, so the 5U issue shouldn't be big for a while! There's no ceiling on the upside and no bottom on the downside; anything is possible. It's too expensive, but there's a reason for the price!
For those holding XRP, I recommend continuing to hold. It's best not to short the contract easily; with the market doing well, many cryptocurrencies will rise!
The above does not constitute investment advice!
