Oh well, that's a good catch as XRP still pumping, if you still holding portions of your assets you are continually gaining good profits.
While with BTC it's near to your target almost touching $20K, what amount did you bought your BTC, as what I understand you are
asking some ideas about letting it go after reaching $20K.
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There are no assurance 2021 is going to be good in terms of economy aspects not unless vaccine will be available next year and that's the only hope we have right now hence i've read some news that some virus cases is slow climbing up in some countries.
Even if the vaccine is made and corona virus is eliminated it will take a long time to recover because the whole economy has dropped and some countries are in a critical situation because printing money is not the solution for long term. One thing that will improve is at least workers who work on daily wages will be allowed to work again which will at least start things moving forward but how are people going to gain their jobs back who lost it already and their replacement has been found by the companies. Hotels and other hospitality industries have a massive set back. Tough questions ahead but once the virus is deleted we can at least think and work towards improving it. From there, the economy and the life of those people inside the country will have a much better chance to be back into normal, many things that needs to comply with, and even the government will print more fiat currencies that's won't resolve the problem right away, temporary solution is not the good thing but instead look for long and lasting to continue surviving.
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Sa tingin ko this end of the year, mag-pa-pump lalo itong XRP maybe lahat ng altcoins, even Bitcoin. Nung naalala ko nung 2017 bull run (December din yun). So it means na maybe magreach sila ng price-high this 2020. Pero who knows, hindi natin masasabi kung susuwag ba pataas ang price or not.
Tama ka dyan dahil maganda ang diretcion ng project nila plus yung mga latest partners and institution, kaya mataas ang positivity na papalo talagaito ng $1 - $3 this December hanggang 1st quarter ng 2021. Magimbak na tayo ng xrp habang mura pa. Ewan ko lang ah, pero sa tingin ko if happen man na tumaas pa ang XRP siguro $1.5 na pinakamataas ngayong December. Medyo may doubt nga ko na mag 1:1 ang xrp to usd eh, siguro mga 45 pesos sa December yan tingin kong presyo if ever na umangat pa value ng xrp. Syempre personal na opinyon ko lang yan.Kung yan yung palagay mo kabayan dapat ipwesto mo na ung buy order mo or sell order mo, wala ng look back pag na hit na ung target okay na yun. profit pa rin naman kung sakali mahirap din kasi ma trap alam naman natin na centralized tong coin na to kaya dapat sigurista ka din at wag masyadong greed..
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In my opinion, you made the good choice selling those miners. Simply because these miners can only be efficient if you use many, like those bitcoin factories in China and in some cold countries that I saw in some old mining company ad. I mean the electricity and all other factors are to be considered. So this is good that you sold them, you can simply reinvest the money to the coins that you really like, the top one I mean. Once you have good money and good profit then you can go back to mining again.
You can simply re-invest the money that you've got from those sold miners, you can buy now and while there are lots of potentials that the market will pumped more, the opportunities to earn is possible since the market is moving forward. Choosing the right project for your investment is very important, choose wisely.
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I do not think so. because to reach ATH bitcoin must go up even higher. if it only relies on Ripple's power alone, it can't break ATH yet. so it depends on the bitcoin trend, if the bitcoin bull trend ends, it's hard for ripple to reach the ATH. and look at the moment bitcoin is still stuck at the price of 18k, so ATH will not be reached in these months.
Absolutely right. BTC is passing through its correction phase after hitting 19,000 and came down almost $3000 but fortunately this time the Alts didn't fall so much. XRP is also showing resistance like other Prominent Alts. If BTC stabilizes around its current Price, buying will start coming in Alts soon. I thought that if the bitcoin will not go down even deeper than the current rate. I remember that some traders were also saying that bitcoin will be using 17k as the new floor to build another momentum to be used to pump the price of bitcoin again. Some holders of ripple are only waiting for the airdrop and i guess when the snapshot has taken and they will sell all of their stash. The pump for ripple won't be longer than another major coins. It shows some good rally again, chances that it might try to breakthrough. $1 before this year end might be very possible to hit, the catch though is after this airdrop, once those investors who only bought in hope that the value of those free tokens is worthy taking the risk of being trapped knowing that XRP is centralized. Cross finger I guess for those unsure traders and holders.
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You shouldn't believe on such things especially if this is came from the group on Discord and Telegram. This is mostly a trap for the investors. I've seen this many times in different channels in the Telegram where before they've use the name of the Bithumb then in the end it's only a scams. So, be careful on this group anyway and be wise as well.
I advise you not to believe too much in groups like that because usually the owner of that group will buy earlier than their followers and the problem is if you buy coins that are not very potential, such as not having trading volume because it can make you lose and stuck at high prices. After they've got the bagholds they will simply create artificial movements, letting traders to notice such actions. Those pump groups are good playing with emotional traders, most of the time greed and newbie trader are victims of this so called tipsters, some for free and other's collect money from members who wanted to use their service, be very careful much better to work with you knowledge take time to develop your skills.
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Thanks for this information, as you've said it's very possible that there are still someone who may fall to this kind of tricks, there are many
people who forget to read and research before downloading and installing apps, with this kind of exposed readers will be well aware, not
just for this but also to learn how read and research before using every app from google play store.
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~snip~ (b) Wait for another two weeks and schedule it on December 19, because it also says that Campbell have recovered already and just waiting for a 2 weeks isolation protocol.
At least choosing to delay and reschedule is good, the virus issue should be resolved as it is a very serious problem. I heard the game will be rescheduled and it won't be long, but I think it will probably be over two weeks or so. But I hope they will compete this year. Better than never, this pandemic really affects everything but good to know that the fight will still be push before the end of this year. There are lots of fans who love to watch and to bet with this kind of sport. more than a week from now and we will know who's going to win this and how the fight will take place.
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A bad day when Bitcoin dropped so fast $3,000 evaporates, in my opinion, cut loss at this stage and buy it and altcoins at a low price and wait for a return. unpredictable if we hold the loss will be high.
If there's no actions that take place net week then it surely a big loss for those who are still holding their assets, you better assess how things may go with this current situation, cut your loss and buy it back when uptrend show up once more. It's a test for each traders on how to manage their investment with the movements like this.
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Anyway, Ethereum 2.0 updates could go faster than scheduled, since the deposit contract is already full. If the upgrade goes well, then there is a high probability that we will have better scalability for Ethereum, which will certainly reduce the price of gas.
Hopefully this issue will be resolved after this update, it's tough to sacrifice your assets especially if you only got few amounts of coins that you wanted to trade, the gas fees that you need to pay is almost the worth of your assets, you'll be thinking twice if you'll going to proceed or just let the assets to stay inside your erc wallet till the gas fees got reduced.
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Siguro isa ring rason din yong pag update nila doon sa partnership nila sa Bank of America. From 33 pesos 25php na siya ngayon. Kasabay ng paglipad ni btc around 19k ang pagtaas din ng xrp at iba pang altcoins. Btc dropped down to $17k again today at sumabay din sa pagbagsak ang xrp. Hindi nito naabot ang $20k resistance level ng btc at kung ma hit man ito sa darating na mga araw at linggo, expect another ATH for both btc and xrp.
Lahat bagsak ngayon, isa raw sa dahilan eh ang pagshutdown o pagkakaroon ng problem ng coinbase, pero tingin ko fullback correction lang ito, we need to prepare for the big wave after this correction. Tingin ko din kabayan pag naovercome tong correction baka sobrang bulusok ang mangyari, same lang din ng 2017 sana yung bumagsak tapos biglang pumalo ng 20K after several months pumalo ung XRP ng $3 mahigit, possible maulit pero syempre magkakaiba ng sitwasyon, sa part ng XRP malamang ung Bank of America naglalaro un ngayon bago talagang pabulusukin ung value ng XRP.
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That will happen if we let our greediness ahead of us, it can be very fatal to a human, I mean we all know that emotions is a big factor in everything, if we can't handle this correctly it's either it can make us greedy, make us frustrated or both, if these thing happens, expect loses and addiction, that is very hard to remove in our mind, we need to control our mind and body, just play and have fun rather than play and get frustrated.
Anything that is being done too much could affect our lives negatively. The problem with most gamblers these days is their mindset of having gambling as their source of income where they risk even their savings and funds for their necessities. Aiming to win in gambling is normal but being greedy could really lead to losses. Gambling was made for entertainment but if we'll have it for a living, we might lose everything that we have because there's no assurance and guarantee of winning in it. Realizing this before it's too late and you are already addicted. Gambling can be a good additional source of income but treating it as the main one would damaged a lots of your time and savings, unless you will focus yourself and manage to established good control then there's a good chance that you may succeed.
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Your advice in the OP only applies to newbies, because senior traders must have followed the trading process. Actually, following the trading process requires patience, because the success of everyone in trading takes quite a long time. For that newbie, when trading don't expect instant results, because no success in trading is generated in a short time. Everything needs a process, so just follow the process. Then success will be obtained.
Those experienced traders already knew about it, they are still here simply because they overcome the process, they wait and continuously deal with ideas that allows them to benefits in the long run, it's not just and easy access then afterwards they just succeed and enjoy all the profits that they are getting now, they follow and simply understand how things works to favor their investment.
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After this news the value is now falling, seems that institutional investors are cashing out and enjoying all those profits after newcomers jumped in and invest their money, or also possible that they are just creating artificial dump to shake those early holders to sell out before they'll going to pumped it hard, remember that the last time high is more than $3 it's still far from that range.
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Right now the rally has just started and it will be a retarded move to spend your coins. I would rather recommend waiting another 2-3 months, when impact of the Bitcoin adoption by PayPal will be clear in the cryptocurrency market. The exchange rates are so close to the ATH level. Once it is breached, we can expect a very sharp spike. But then, the decision depends on the individual.
The decision should be based according to how you understand the market, while the value continue to spike it's not appropriate to use it by now, much better to keep and hold, there's a lots of possibilities that it will continue to grow, you mentioned the after effects of PayPal, it's still on the process but in long run it will attract more institutional investors to start moving inside and take part of this industry.
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Looks like the target market as well as the needs of the owners and buyers is what seems to be happening. of course, these factors are also influencing the current bull run conditions. This means that the level of confidence in these assets is still high even though it is very volatile. My opinion is always to monitor data and information along with factors that affect the price if you want to be one of the winners.
If you want to continue succeeding better to keep monitoring the market, from there you'll be able to manage what particular strategy to use in order to work on your advantages, never to just assume but always base your decision with your deep analysis. You can keep on enhancing if you are willing to free up space and accept adjustments.
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To me I prefer ICO to return back than ieo. ICO had more success and less greed by exchanges than ieo. During ICO things were moving kinda good before some scammers intruded but ieo which was handled by some exchanges didn't last that longer than ICO. I truly want ICO back then others.
Same case, scammers are everywhere and the chance of getting good benefits out from this two options are too risky. Most of the time it failed since many people around this kind of investment always aiming for quick profits not giving enough time for the project to developed maturely and without financial aid it will die shortly.
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the first will happen is was the newspaper will make big this news... news about Bitcoin back to touch ATH will spread everywhere. The value of Bitcoin will certainly skyrocket, we don't know at what price the Bitcoin HYPE will stop.
Continuous interest coming from new investors will be seen, expect that news and mass medias to show interest after new ATH has been reached. Knowing that emotions will drive around, people will create new high as fomo's will keep the run to continue pushing the value and try reaching another ATH.
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If we look at the speed with which Bitcoin is surging I don't think $25k will be a big deal because most of us initially predicted Bitcoin to achieve $20k at the begining of 2021 or last week of December and we are already moving towards $19k in December itself, I am sure we will cross $25k by the end of this year.
I am not making any prediction as its my prediction with my own research which might prove to be incorrect as well since Bitcoin is volatile.
It's tough to correctly predicts what will be the next value but with how it's moving right now, you'll be able to get some hints that it may reached the last time high and create a new time record, we are getting close to $20K and even there's a little downfall the value recovered right away and bring much stronger barrier.
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It keeps going. Makes me wanna jump right into it. I'm afraid though that it will just be dumped on me. Does anyone ever wonder why there is no news about XRP but it suddenly moon?
While it keeps rising, all other altcoins are all growing anyway. It's just lucky for those who had bought tokens while the prices are very much cheap like the TRX that its price dip to a cent.
Correct, lucky for those who able to bought those cheap alts and continue to hold till now, XRP are almost 100% increase now, chances that it will continue to proceed and hit much higher value, closer to $1 but it's really tough to decide whether to buy now or wait for another retrace it's really risky since possibilities that early holders may dumped if there's any case that may affects this coin.
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