Loaded on XRP at $0.19. Time to cash in

[cryptoadviser]

Hi..

Indian investor here.
Loaded on XRP for $0.19. Like bought $10,000 worth of XRP in my own account.

$60,000 worth of XRP @$0.24 average in the client's account that I manage (I own 30% of this).

I have started unloading this and booking profits! What is your target?
Also booking profits in BTC at $20,000.

What are your targets?

[MusaMohamed]

With the price of XRP in USDT at $0.62, you need to take profit now. Your average entry price is $0.24 so taking profit now is wisely. If you want to try with greedy waiting for higher price and hope to have more joy with XRP ride, I suggest you to do it with 10% to 20% of your portfolio.

Taking profit with 80% of your investment in XRP (with average price about $0.24) will make sure you don't miss the party of XRP rally.
Spending 20% (or 10%) of rest investment can satisfy your greed and gambling. You don't lose much profit or capital if XRP turns to fall down dramatically and won't rise more.

[maydna]

For XRP, my target sell price will be up to $1

You can take a profit now or still waiting for another high price, and it is up to you. But you need to calculate it or think twice before you decide and don't be sad if after you sell the coin, the price increases high. Perhaps, you can sell some parts of your XRP, so if the price increase or jump to the next high price, you will still have another amount to be sold at that price.

And if after you sell XRP, the price is down, you can buy back for more to have another amount of XRP which you can sell when the price increases again. It is just a suggestion, and you don't have to follow if you do not feel good for you. That is why you need to think twice before you decide.

[eXtremal]

if bitcoin hits the $ 20k target I will sell xrp at $ 1, you need to know that you are buying it quite low right now, it's best to sell some and take the right action at this time, not too greedy because we know no one will guarantee price movements

[Krabby]

Hi..

Indian investor here.
Loaded on XRP for $0.19. Like bought $10,000 worth of XRP in my own account.

$60,000 worth of XRP @$0.24 average in the client's account that I manage (I own 30% of this).

I have started unloading this and booking profits! What is your target?
Also booking profits in BTC at $20,000.

What are your targets?

Congratulations on a successful investment year, this is a respectable achievement. But cash out too soon will be a waste as XRP still has the ability to go higher in the near future, my prediction will be $ 1 early in Q2 of 2021.
I am also a holder, but I am dividing my portfolio by coin tops like ETH, BTC, XRP and ADA. All of them have huge profits this Q4 but I invested with the amount of 1900 $. Either way I hold and will sell XRP at $ 0.8 in the coming months.

[Timmzzy]

Hi..

Indian investor here.
Loaded on XRP for $0.19. Like bought $10,000 worth of XRP in my own account.

$60,000 worth of XRP @$0.24 average in the client's account that I manage (I own 30% of this).

I have started unloading this and booking profits! What is your target?
Also booking profits in BTC at $20,000.

What are your targets?

 What you are saying here makes no sense, are you trying to get trading idea or tips on how you will manage your clients account.

[Mrengage]

Hi..

Indian investor here.
Loaded on XRP for $0.19. Like bought $10,000 worth of XRP in my own account.

$60,000 worth of XRP @$0.24 average in the client's account that I manage (I own 30% of this).

I have started unloading this and booking profits! What is your target?
Also booking profits in BTC at $20,000.

What are your targets?

investment it's an investment you don't have to come and starting telling us how you did it if we are holding $XRP or not that shouldn't be your problem mate.

[jossiel]

Congratulations with your gain in XRP and that's all you have to do whenever you see such gains with altcoins. And for me, I don't have bags of it neither have it. But having bitcoin is what I do and I'm also planning to take profit if it reaches $20k.

Although selling all at that price isn't a wise idea. I'll sell maybe 5% at least just to cover the expenses that I had for the past months and to have at least some food in the table during the holidays.

[ardentvolcanoes]

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.

[Kopetunto]

In my opinion, not yet, the price of XRP can be higher than now,
have you seen the increase in XRP during this week? XRP has risen 11% this week and is ready to go up again,
especially when the XRP price has passed $0.6, we know that a hard resistence.

[Tushar Ramani]

Is it in $ or ₹? If it is $, from where did you invest this much amount? Now, if you are cashing it out, how are you planning it within Indian banks?

[cryptoadviser]

Is it in $ or ₹? If it is $, from where did you invest this much amount? Now, if you are cashing it out, how are you planning it within Indian banks?

All the client's portfolio are on Binance. They liquidate and transfer via PayPal.
My portfolio is a mix of Binance and Zebpay. Zebpay is direct INR and Binance, I do not want to convert. I will hold it in USDC or Tether and convert back to BTC when it is low. Although there are systems in place in Gujarat where you can transfer the BTC for a direct account transfer. Never tried that myself but know a couple of friends who did.

[yohananaomi]

In my opinion, not yet, the price of XRP can be higher than now,
have you seen the increase in XRP during this week? XRP has risen 11% this week and is ready to go up again,
especially when the XRP price has passed $0.6, we know that a hard resistence.

your opinion is correct, is the increase due to the hard work of XRP itself or precisely because of the sharp increase of bitcoin? This must also be seen from that side, if because of the increase in bitcoin it will not be long when bitcoin goes down then it will also experience it and will not be able to maintain.
xrp is very stable and good for long-term investment and it takes patience to see the movements experienced.

[Kopetunto]

You may cash your XRP, but remember, you don't regret it,
this December XRP might even reach $ 1 or even $ 2,
it's just that patience must be attached to us to hold, if you can buy back then that's better.

[Inspiron14]

Buy XRP at $ 0.19 and sell at $ 0.6? you are very extraordinary,
are you lucky or have you analyzed it? if you sell at $ 0.6 then you have made a profit of more than 100%,
congratulations, hold if you want more profit.

[cryptoadviser]

Buy XRP at $ 0.19 and sell at $ 0.6? you are very extraordinary,
are you lucky or have you analyzed it? if you sell at $ 0.6 then you have made a profit of more than 100%,
congratulations, hold if you want more profit.

I never book 100%. So I have sold 60% of the portfolio and re-invested 10% in another coin.
I still think XRP is gonna go $1+ but that would be too much of a risk, should I be wrong.

Being a trader investor, I usually look for coorelation etc. and work on probabilities perfectly knowing that I may be wrong as well, and hence, having a back up plan

[maxreish]

Good one, mate. I've already converted my xrps too when it reached $.60. I don't wanna be greedy anymore even though some speculated it will gonna reach $1 to $2. Target profits were hitted, I am already in a ba good profits too after holding some of it for so many months.
 
 And for your btc, well $20k is soon gonna hit. I've sold 30% already of my holdings when it reached $19k and probably waiting and holding some part of it again.

[kapalmabur]

this week XRP is up 20%, and you've bought it at the price of $ 0.19? Wow, that's a pretty beautyfull number,
if you sell it now the profit you get is very much, you can sell it gradually,
because remember the cryptocurrency market is very volatile.

[TastyChillySauce00]

My target should be at least $1 but I doubt if this rate can be achieved by ripple after the snapshot or not. I will consider the snapshot as the moment to sell my XRP to catch more XRP at the dip.
Im still waiting for the price of bitcoin will break 20k . We are only $700 to surpass 20k rate for bitcoin.
The problem is when the time of snapshot will be taken. BTW there are so many people bought ripple to bet on the spark token.

[DarkDays]

With the price of XRP in USDT at $0.62, you need to take profit now. Your average entry price is $0.24 so taking profit now is wisely.

I agree. 0.19 to the new 0.6, that's a 3x increase which would make it a good point to minimize the risk of loosing it all. So you either cash out or you hold with a comfortable stop-loss.
If I were you I'd consider the latter as in the last couple of days the price kept edging higher and higher - I'd anticipate better return. So I'd still be exposed but with a stop-loss -best of both worlds