shamzblueworld (OP)
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January 03, 2018, 11:08:08 AM |
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I think you made a mistake.. Crypto is just the started. If all banks are using Ripple then it can increase huge.. I say it will be $10,- easy But you have your profit, thats a good thing I kinda agree with this, and I do believe Ripple is gonna go high, maybe really close to the value you are saying and soon too. But still I sold because I didn't wanted to get too greedy. But I feel I should have kept at least 20-30% of the Ripple and waited for a month or so. It would have been better than selling all at once.
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sazon84
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January 03, 2018, 11:24:51 AM |
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You did the right thing took profit. But I always leave some coins for them. It is unknown how the market will behave in 3-5 years. And maybe XRP will be worth 20 or 40$. But if he drops to 0.1$ will not hurt
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mariayaz
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January 03, 2018, 11:31:59 AM |
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Yes you did mistake. Ripple is a long term investment. Like buy and forget it. I sold half of mine and keeping half.
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Muruga
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January 03, 2018, 11:32:22 AM |
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I can't exclude the possibility that Ripple can show growth in 2018 similar to the growth of bitcoin in 2017. The coin has already taken the 2nd place in the rating of the crypto currencies. It's quite possible Ripple will cost $ 50 by the end of 2018.
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Simon_One
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January 03, 2018, 11:33:43 AM |
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You did it right, currently Ripple is on top and it's risky to buy it again.
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giveen
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January 03, 2018, 11:40:32 AM |
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This was surely a bad decision just imagine few months back ripple had a price below $0.01 which means if it took 3 months for you 8k which had a usd value of $0.003 or something to 15k at $2 imagine if the price becomes $10 you can easily make a higher profit. This is surely a bullish market but sell now isn't a good decision if you waited for few months why noy hold on ripple has a bright future ahead.
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MattF24
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January 03, 2018, 11:41:55 AM |
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If you bought way early last year, then I think your gains were pretty good. But, I think the ride for Ripple has not yet ended.
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bazar111
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January 03, 2018, 11:45:16 AM |
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You did everything right bro. Ripple is a scam coin , even not crypto ,without blockchain.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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January 03, 2018, 11:47:28 AM |
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This was surely a bad decision just imagine few months back ripple had a price below $0.01 which means if it took 3 months for you 8k which had a usd value of $0.003 or something to 15k at $2 imagine if the price becomes $10 you can easily make a higher profit. This is surely a bullish market but sell now isn't a good decision if you waited for few months why noy hold on ripple has a bright future ahead.
Better to take some profits but not to sell all out, ripple gaining too much attentions from investors and traders, its just several months and the value reached the target, 1$ goal is already been fulfilled and what would be the next, I think if you bought this 6 months ago then better to hold some and treat it as your investment 1-2 years more and you we will see this coin fly.
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Gringoblin67
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January 03, 2018, 11:49:02 AM |
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I totally agree about leaving some Ripple in there just in case the run up has not yet stopped. I highly doubt that it has and in fact think that it just started.
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hheight
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January 03, 2018, 11:53:29 AM |
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I think you did the right thing. Ripple already has unreasonable high price and further can't grow much.
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MattF24
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January 03, 2018, 11:57:54 AM |
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You might be right about that since its high market cap could make it very difficult to move up further. Upside is possible, but not by so much I think.
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djangocoin
Sr. Member
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Brave New World
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January 03, 2018, 11:59:19 AM |
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Looks like you made a profit so it's not bad.. have heard the ripple people say they anticipate it going up more in the long term though.
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:]
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cryptoenterprise
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January 03, 2018, 12:02:32 PM |
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I think it is a mistake if someone sold his Ripple, Especially with Ripple price going up lately. It will rise more though in the very near future. I believe it will rise to $3 and i also believe that the market cap value will reach Bitcoins too.
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hajimasan
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January 03, 2018, 12:04:43 PM |
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So I bought Ripple about 5-6 months back. Average buy price was under 8K Satoshi, and now today I have sold all for around 15K Satoshi.
Do you think its a good trade? Do you think I should have waited more? And do you think it has returned well for the amount of time invested in it?
Yes, you really made a big return , you didn't made only 100%+ profit but also you made big earnings from the increase in price of bitcoin ( i.e about 6 times currently ) . Here I would like to suggest you no more trade with ripple currently Because the reason behind the price of ripple coin was something special that is not now more for few months and only the discussion about it Making it to people attract toward the investment in ripple coin , here in my opinion it will remain constant by price for 2-3 months , so be happy from.what you get and ready for next buy for smalls down in price .
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marcous
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January 03, 2018, 12:06:57 PM |
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So I bought Ripple about 5-6 months back. Average buy price was under 8K Satoshi, and now today I have sold all for around 15K Satoshi.
Do you think its a good trade? Do you think I should have waited more? And do you think it has returned well for the amount of time invested in it?
thats great job,, you have good patience to hold coins. i daily trader, may be i was sold it at 10k prices. iam more comfortable to trade short term. because i could taken advantage of alot better moment trading
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niisarearning
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January 03, 2018, 12:27:08 PM |
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I dont recommend holding XRP because its no way supporting blockchain technology controlled by centralized bank and created new coins for pump . Soon it will be dump hard so i think you have done right think by taking almost 2x profit.
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misterBLK
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January 03, 2018, 12:33:50 PM |
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lol @ all the people saying Ripple will be 20 dollars in 2018, Ripple will be 50 dollars in 2018, it's more likely that Ripple will be 10cents by the end of 2018 than 10 dollars, for it to be 10 dollars it has to have 2x market cap of what bitcoin has now.So yeh..don't dream that big
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ikicha
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January 03, 2018, 12:39:09 PM |
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I think youre not a trader but you is a investor 5 month for crypto is very long investment for 2x ( 100% ) only
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CryptosapienZA
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January 03, 2018, 12:41:36 PM |
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Its a good decision today but one you will regret 6 months from now as the price of ripple with have doubled again by then. I don't own ripple, I doubt I ever will. But I do think the coin has a future even though I don't support their roadmap
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