Ripple is set to cash out a third of its stake in MoneyGram - Page 2 - Crypto World - CryptoTalk.Org Jump to content
BrolySSJ

Ripple is set to cash out a third of its stake in MoneyGram

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The investors themselves have to have their profits secure, they knew that their investment was going to increase because they invested 52 million dollars, it is not a small figure, and we all know that if an investor invests in a cryptocurrency a gigantic capital this same the price increases, and they have the option to withdraw at any time, so I think that the ripples company saw the best time to withdraw with great profits and took it at the best time, after withdrawing a gigantic amount it is very clear that this asset will drop accordingly.

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Well this will be mainly based on investment initiative of ripple on money gram but I don't think is anything of a major concern to those investor investing in ripple

 

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the investments are on the basis of the terms of the company and when there is investment from someone you will see that people will have seen as well that the rate of the invested coin is increased.

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Riple is really a good investment if you want to make a medicine for a long-term because it can get you 10 or 20 timesmore profit than any other coin

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On 28/11/2020 at 1:01 PM, BrolySSJ said:

For those of you that have never heard of MoneyGram before, it is one of the payment giants. Last year, Ripple (XRP) decided to invest and partner up with MoneyGram, investing in 17% of the company's outstanding shares. In total, over the last year, Ripple has paid out around $52 million to MoneyGram. 

 

A recent article shows that after just one year though, Ripple is set to cash out on 33% of the stake that they have in MoneyGram. The reason behind liquidating this stake is unclear however, as there is no official reasoning or statement that has been given by Ripple (XRP).

 

Perhaps this could be a pure profit based liquidation and similar to how we trade in crypto. When ripple started with the partnership and bought shares, they paid $4.10 per shar, which has now surged to $7.42 per shar. this is roughly an 80% profit that ripple will be making which is very attractive. Therefore this could be a strategic decision on the part of ripple, yet I am not sure. 

 

What do you guys think about this? Do you think that such a move will affect the value of ripple in a negative or positive way? Let me know your thoughts. I am looking forward to it. 

Wow this is good and nice. I'm seeing about this for the first time though. So what do you think about the price of XRP this year? Do you think it has prospect of reaching $1?

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It is good to know who are the owners of the shares of cryptocurrency companies, the Ripple currency is strongly distinguished in the markets and that MoneyGrim owns a third of the shares, this indicates that its profits are definitely very high from owning large stocks and I invite all companies to buy shares in cryptocurrencies because it is the next future Thank you very much

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Ripple is very problematic coin, many people decided to invest in it and they got stuck with it, the price dropped and then it was unable to rise up again and I have heard that there are law cases against it and unless there is a settlement about its issue the price will stay low for a very long time, which is a horrible news to the investors who buy a whole great amount of it.

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This might be advantageous for ripple but as their share is quite large once withdrawn it would shake the money gram company.

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On 11/28/2020 at 7:01 AM, BrolySSJ said:

Perhaps this could be a pure profit based liquidation and similar to how we trade in crypto. When ripple started with the partnership and bought shares, they paid $4.10 per shar, which has now surged to $7.42 per shar. this is roughly an 80% profit that ripple will be making which is very attractive. Therefore this could be a strategic decision on the part of ripple, yet I am not sure. 

 

What do you guys think about this? Do you think that such a move will affect the value of ripple in a negative or positive way? Let me know your thoughts. I am looking forward to it

Perhaps it is a case similar to that of gamestop where many bought or lent shares with the purpose of selling and when the price rises to sell said shares, although it is also merely for profit, as you mentioned.

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Ripple has had so many ups and downs that I still do not understand how they are still standing, it is very sad everything that this cryptocurrency and all its project have had to experience, I have read people expressing themselves so badly about xrp, faith in this has been lost cryptocurrency, although from what I have read its CEO and the others in charge of this project if they have made a lot of money, it is unfortunate that it is not so with those who trusted in crypto.

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Dear, ripple currency has been subject to severe sanctions in recent times, and has been sued by major companies so it has lost a lot of its value in recent times,, but it will return strongly and increase its price and return strong as well. 

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I think that this partnership that occurred led to an increase in the number of investors in the currency of XRP and caused a rise in the price of this currency, so we find everyone is advising to invest in it.

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This is amazing, honestly, I have not heard about this partnership before, but in my opinion this will be neutral for the Ripple, its value will increase and increase due to this company buying shares in Ripple, and because it will become more famous.

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No one knows the truth about this partnership, but I think that the XRP currency has had a good success and there are many people who invest in it and make good profits as it is supported by many of the rich and companies in the world.

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My dear friend first of all able to tell you that the MoneyGram projector is not at you according to my opinion then I want to tell you that the ripple is increase in the market of cryptocurrency and this is remain on the third or fourth place

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