Should You Buy XRP While It's Still Down?

After a tumultuous past three years, in which XRP (CRYPTO: XRP) has been embroiled in an epic legal battle with the U.S. Securities and Exchange Commission (SEC), the smoke finally appears to be clearing. After a major legal victory this summer, XRP now trades at $0.50, up 47% for the year. 

If you're a glass half-full investor, signs pointing to a final conclusion to the SEC legal battle could be a reason to load up on XRP before the crypto explodes in value. If you're a glass half-empty investor, though, the enormous regulatory risk still hanging over XRP could be a clear warning signal to stay clear. So which is it? Let's take a closer look.

In many ways, the regulatory battle over XRP is a defining one for the crypto industry. At the heart of the case is a single issue: whether or not XRP is a security. If the SEC loses this case and has to admit that XRP is not a security, it could badly weaken its position in its overall crackdown on the crypto industry, which now includes a lawsuit against cryptocurrency exchange Coinbase Global (NASDAQ: COIN) and pending enforcement actions against other cryptos it believes to be securities.

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Source Fool.com