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Author Topic: Sold All my Ripple  (Read 1276 times)
shamzblueworld (OP)
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January 03, 2018, 06:37:55 AM
 #1

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?
unusualfacts30
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January 03, 2018, 06:42:55 AM
 #2

Good for you. I don't recommend holding for too long it can go down as fast as it went up. Risky investment. I sold mine after it crossed $2, don't plan on going back in.

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penig
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January 03, 2018, 06:47:26 AM
 #3

Doubling money on large cap sounds good.  Ripple seems to have exploded on the belief the banking industry will use it for their own backend inter-bank transfers.  I believe the banking industry will develop and deploy their own, private alternative to real long term implementation.  But then I thought they'd do the same with Linux to save themselves billions in software licences, so what do i know.
Aryan55
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January 03, 2018, 06:54:21 AM
 #4

i think this is good trade, ripple is stable so this the best trade, but i think if you hold this for next 1 month then you can get more better profit, by the way its not bad trade.
Timeme
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January 03, 2018, 06:57:57 AM
 #5

I think this is very sensible, because Ripple has risen to an almost beyond the position of the currency, so the possibility of future continue to rise may be very low, so throw investment than other tokens.
DrYM
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January 03, 2018, 07:00:10 AM
 #6

We can all agree that Ripple is overpriced and that the hype around it is not justified because banks eventually will find their own solutions or alternative solutions. But that still doesn't mean it can be $10 tomorrow... This market is not a rational market.
Geleve
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January 03, 2018, 07:07:56 AM
 #7

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?

It was a good trade i think. Because you increased your bitcoin quantity in your portfolio. And Bitcoin price increased too much during this 5 6 months. So you did something better than holding bitcoin  Smiley
zukko
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January 03, 2018, 07:28:22 AM
 #8

I think this is a normal deal. Profit should be fixed, then you can wait for correction and buy more
Zero1One0
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January 03, 2018, 07:28:43 AM
 #9

Any gains using alts that outpaced the price increase of bitcoin is always good! Be happy, enjoy the gains, buy other crypto or spend  Grin

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quierx16
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January 03, 2018, 07:29:44 AM
 #10

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?

Good trade for you. you just doubled your btc invested and 5x in usd as the btc pump so high.
sooner or later ripple price got dump for correction of the price.

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jezus
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January 03, 2018, 07:36:33 AM
 #11

I not sold ripple yet.

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rayk
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January 03, 2018, 07:41:05 AM
 #12

This is very good for you, you bought them 5-6 months ago, there is a great profit. Whether ripple will rise more is not important at all, you already won the game!
Boxxl
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January 03, 2018, 07:43:01 AM
 #13

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  Smiley

But you have your profit, thats a good thing  Smiley

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January 03, 2018, 07:43:12 AM
 #14

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?

Good trade for you. you just doubled your btc invested and 5x in usd as the btc pump so high.
sooner or later ripple price got dump for correction of the price.

did ripple will list on coinbase? I think if this news are real it can doublle the price of ripple, so right now may still good for hold ripple
Iamdeadlyz
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January 03, 2018, 07:44:12 AM
 #15

Well it looks like you made a good profit  Shocked , on the other hand ripple is a bad thing for me since it's used by banks
SCAR_8
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January 03, 2018, 07:45:17 AM
 #16

I'm in the same situation. I don't have a whole bunch or Rippple but I thought about selling it all when the price hits 2.50 and buying something else.

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mixelalex
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January 03, 2018, 07:50:44 AM
 #17

You got a profit that's already good. Although it seems that Ripple has prospects for growth, but apart from him there are many more coins in which you can invest. So any experience is useful, especially the one where you stayed in the black. In general, there's no point in getting stuck in the past and worrying that you did something wrong than the dude who threw out his hard drive with private keys. So a person gets into an energy hole, from which it is difficult then to get out.
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January 03, 2018, 07:53:06 AM
 #18

Nice deal, good for you that you have waited and since you have sold it then try to buy other coins but research first to get sure profit.
BTCeminjas
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January 03, 2018, 07:55:24 AM
 #19

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?

The price of ripple now was move stable did not pump up again, maybe you have a right decision sold out ripple and replaced other altcoin maybe wave or litecoin for long term investment. These coins have a potential for long term investment.
But always the decision is yours if you feel which better then go, analyzed in trading is a must don't panic to have a good decisions.
"happy trading" Wink
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January 03, 2018, 07:55:30 AM
 #20

Doing double the money you invested is a good proffin in any investment. I cant think of a bussines that can bring you that kind of proffit in this small time frame. Now it is important that you invest in another project that you believe in and thank god you have a lot of good ones to choose from. Anyway i believe ripple will fall down because this pump is done artificialy by banks and it will not have a future. Ripple is not a good investment from my point of view because it is used by whales and are taking advantage of regular investors.

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