I investigate why players choose XRP as their preferred cryptocurrency for online gambling, focusing on recent and future price gains.
If you are not an XRP crypto player, then maybe it is time to consider switching. I don’t say this lightly, either.
Why I Choose to Gamble With XRP
When I make a deposit, my casino account is instantly credited with XRP. No waiting times caused by lengthy confirmation times, which you will find in the Bitcoin ecosystem and, although slightly faster, also in the Ethereum blockchain ecosystem.
The other key advantage for me is that I pay $0.005 per transaction most of the time. It’s close to that amount, and frankly, such a small transaction fee, after more than a year of gambling with XRP
Quite honestly, I’ve never bothered to look at the exact fees I am charged, something I always did when I played with BTC, BCH, LTC, USDT, TRC-20, and a few other cryptos I’ve tried during my nearly one decade of gambling using cryptocurrency.
To just reiterate my reasoning behind choosing XRP – fast blockchain transaction times + low fees, I barely notice.
Disclaimer – this is not financial advice: It is the experience of gambling with and investing XRP from a Casinoplusbonus expert. Always conduct your own market research before buying crypto.
Is Fear driving the price down?
A question you need to ask yourself right now is, are you brave enough to hold onto your XRP during the cryptocurrency market downturn?
Look, if you are a cryptocurrency player, you are probably asking the same questions regardless of which digital coin you are holding and gambling with.
Right now, with a tumbling crypto market, the price of XRP has taken a turn for the worse, and fear is driving massive sell-offs as those who have profited from low-entry prices fear they’ll lose their gains.
In other words, those with ‘fear’ are bottling and selling while they can, and of course, the sell-off is causing further price dips. However, those governed by fear, or maybe those happy to bail with a profit, are creating the current XRP downswing.
I’m not selling: That’s a bold statement, but one driven by factual analysis of the market because XRP has never let me down.
My XRP Journey To Date – 300% gains!
I have been playing with XRP for the best part of a year now, and although I am around 11% down on my casino winnings, which is around an 89% RTP, players play 96% RTP slots on average and 99.5% Blackjack games. Yet, although that’s not the best ROI, it’s not bad. However, with the XRP I still hold, I am about 300% up on my investment despite my -11% losses from gambling.
As for investing in XRP, I was investing about 10,000 Rands per month. Come rain or shine, my strategy has been to keep investing since around 2022. I’ve bought in at as low as 0.36 USD (10 Rand), before I began gambling with XRP. Today, even with the price dip, each of my XRP is worth $2.16 (40 Rand).
In the long run, I am happy I’ve not allowed fear to drive me out of my XRP investments, and I am over the moon with my profits, while gambling with a sensible bankroll management, literally for free.
Why is XRP not the most Popular Crypto to Gamble With?
You may wonder why cryptocurrency casino players choose to gamble using XRP. It’s a great question. Stats from SOFTSWISS reported previously here on Casinoplusbonus gambling news pages show that XRP is not even close to being one of the most popular cryptos within the iGaming and sports betting spaces.
That leads to the question: why is this coin, with near-instant transaction times and super-low blockchain network fees, not one of the most popular?
I can only say, based on my daily reading of crypto news, that most players choose Bitcoin because it’s well-known and, therefore, the safe option. Also, the same goes for the Ethereum contingency. Of course, stablecoins are popular because there is no fluctuation, or at least limited FX fluctuations, thanks to being pegged 1:1 to the dollar.
| Suggested Further Reading |
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| Fear Will Always Hit XRP Holders |
| Long-Term Discipline Is Real Key for XRP |
My opinion: To be clear, this is only my opinion from my own research, I don’t see any of the more volatile cryptos like BTC, BCH, DOGE, LTC or ETH having the upside potential of XRP. Therefore, I will not let fear driove me out of my investment, and continue to gamble with XRP, my crypto of choice.
