Ripple - Alt Coins Trading

[ThumbsZup]

Greetings guys. I just want to know your idea on this one. I bought XRP at a high price but since the rise of BTC, the market value of XRP gone low. I don't want to lose money. Is there a way to have a breakeven or have even a small profit?

[1714189547]

1714189547

[1714189547]

1714189547

[1714189547]

1714189547

[1714189547]

1714189547

[affirstan]

What price (in BTC) you bough?

[Boxxl]

Yes, waiting...
I think the price will go grow a lot this year

[xxollaxx]

The only way not to lose is not to sell. Or you can sell for a loss and make up your losses trading different currencies. Theres many ways to turn your loss into profit, although it can take time and a lot of hassle at times. All I see is good and new articles popping everywhere lately so I don't think you should sweat it.

[ThumbsZup]

The price of XRP in 16k sats that time 

[shamzblueworld]

Greetings guys. I just want to know your idea on this one. I bought XRP at a high price but since the rise of BTC, the market value of XRP gone low. I don't want to lose money. Is there a way to have a breakeven or have even a small profit?

There are two things you can do, either wait patiently and sell when the price is high enough to earn you profit. Or you can buy more at a lower price now, so your average buy price will come down, by this way you can sell them sooner when the price goes high which will happen.
You don't have to worry in any case, its value is going to go back quite high soon.

[Herbert2020]

there is a summary:
- XRP was pumped massively (5600%) in the past 2 months+ and reached 24,351 satoshi
- it has already lost most of the pump and it is back at 10,000 satoshi

this can mean two things, the bubble has busted and how it is at a low price making it a good entry point for the next possible come back even if it is small. (i say the chance of it is low)
or the whales are waiting for some more buy orders to be placed and then dump on them for a bigger profit than dumping now and going much lower.

since the 10,000 satoshi is having a hard time keeping itself up (it is already broken and price is 9900) i'd say there isn't much buy support and investing now is not such a good idea.

[mudasarali43]

Xrp is good coin you have bought at 16000 satoshi xrp was gone the maximum at 24000 satoshi i think now there is only one way to safe money that you do not sell as panic sale  The only way not to lose is not to sell.
wait for pump in xrp and then sale at break even or in profit
Xrp is good coin also have good purpose and good technology and no 3 rank and also have a good market cap.

[shams]

It is a good coin and many people love XRP and it was increase in price so much in last day because of there was too much hype about this coin but I think now this coin is stable in price and it will grow slowly if you can wait for a little bit long term then I am sure this coin will give you good amount of profit.

[KingScorpio]

Yes, waiting...
I think the price will go grow a lot this year

price in relation to what? ripple is controlled by those that can print dollars, so ripple rising in dollar value is nothing special they just do it.

people are so stupid when it comes to understand fiat money and the forces behind it, that want just to rule you...