Why I’m afraid to invest in XRP! XRP key technical analysis: Is the support level stable? #xrp #crypto #btc

In addition to looking back at the previous chart analysis and the possibility of a market crash at any time, there are other hidden concerns as follows: Ripple holds a large amount of XRP, and any token sell-off may trigger a market crash. The main funds are likely to cash out on the way up, and ordinary investors can easily become "takers". 1. Unresolved regulatory risks Although Ripple temporarily gained the upper hand in the lawsuit with the SEC, the regulatory issues have not been completely resolved. If the final verdict goes against Ripple, XRP may be delisted by exchanges again, directly leading to liquidity depletion. Regulatory policies in other countries may also be detrimental to XRP in the future. Risk summary: Once negative regulatory news is triggered, the price of XRP will plummet rapidly, leaving people unprepared. 2. Serious centralization problem. Although XRP is known as a blockchain project, compared with Bitcoin and Ethereum, the degree of decentralization is far less than that of Ripple. Ripple controls most of the tokens, and the price depends entirely on their operating strategy. Once Ripple encounters operational problems, the value of XRP will also be affected. Hidden dangers of centralization: Investors’ interests are likely to be “harvested” by Ripple’s internal decision-making. 3. Practical applications are not outstanding. Although XRP is promoted as a cross-border payment solution, market acceptance is limited: traditional payment systems such as SWIFT still dominate, and XRP has not formed a disruptive advantage. -------------------------------------------------- -------------------------------------------------- --------------------- Malaysia's legal cryptocurrency exchange - Luno Malaysia. Register with the link below, and we will all get RM 50.00 free Bitcoin! Steps: 1. Sign up link: https://www.luno.com/invite/87PT45 2. Deposit and buy RM 250 in any crypto (Luno exchange not included) 3. We both get RM 50.00 free BTC https:/ /www.luno.com/invite/87PT45 Purchase the Ledger cold wallet at the following link and get a value of 10 USD Bitcoin https://shop.ledger.com/pages/referral-program?referral_code=RTS808ND097CC