Many investors are staying away from ripple (XRP) out of the fear that it might be declared a security. However, if you look at ripple (XRP) more deeply, you would realize that it will never be declared a security, and for some very valid reasons.
First ripple (XRP) has been around for years, and since the regulatory issues came up late last year, ripple has not been mentioned anywhere by U.S authorities. If ripple were an illegal unregistered security, regu
lators would have gone after them a long time ago. If anything, ripple (XRP) works hand-in-hand with regulators.
Besides, ripple (XRP) is very different from ripple the company. Ripple (XRP) would exist even if ripple the company were to become insolvent. That’s because XRP is a decentralized blockchain platform, just like bitcoin or any cryptocurrency in the market. XRP also has a utility, unlike a stock that only represents ownership in a company. That’s the furthest thing from a security.
That’s why it makes sense to accumulate on ripple (XRP) when it’s still low. Once the authorities come out clearly and state that ripple (XRP) is not a security, its value will overshoot its all-time highs.