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Author Topic: Loaded on XRP at $0.19. Time to cash in  (Read 370 times)
Tushar Ramani
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December 04, 2020, 03:46:08 AM
 #21

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.

Do you mean "Havala" by those systems? I would like to know more. Grin
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December 04, 2020, 04:34:03 AM
 #22

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?
already sold mine at $0.6 few days ago, i feel like i am already winning with my profit. the investment was not that big for me but 3x profit is already big in my opinion. i think this is my biggest profit in this year and i got this in just 2 weeks of holding which is insane honestly, but for those who is holding longer then you should be careful and do not let greed feed you

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December 04, 2020, 05:44:32 AM
 #23

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?
already sold mine at $0.6 few days ago, i feel like i am already winning with my profit. the investment was not that big for me but 3x profit is already big in my opinion. i think this is my biggest profit in this year and i got this in just 2 weeks of holding which is insane honestly, but for those who is holding longer then you should be careful and do not let greed feed you

Its good time as well because XRP in recent times only have gained and reached till 0.6$ in entire year and because of the bitcoin rising has helped it a lot. So if bitcoin happens to fall then all altcoins will also crash badly and again do no know when it will reach to this levels.

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December 04, 2020, 05:51:42 AM
 #24

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?
already sold mine at $0.6 few days ago, i feel like i am already winning with my profit. the investment was not that big for me but 3x profit is already big in my opinion. i think this is my biggest profit in this year and i got this in just 2 weeks of holding which is insane honestly, but for those who is holding longer then you should be careful and do not let greed feed you

Its good time as well because XRP in recent times only have gained and reached till 0.6$ in entire year and because of the bitcoin rising has helped it a lot. So if bitcoin happens to fall then all altcoins will also crash badly and again do no know when it will reach to this levels.

they can reach that level when btc also reach this level . so far btc is in good shape and if i have an xrp  i will prefer to hodl it along with my btc because i have a sense that btc pump can run till next year .

 let say it can last till january next year , thats still a 2 month of non stop increase . can you imagine how much btc and xrp can gain with that ?  maybe xrp at 2 or 3 usd and btc at 30 or more .
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December 04, 2020, 06:58:11 AM
 #25

I would at least wait it out till they distribute new tokens. It can definitely go above $1 by that time and you'll be able to enjoy more profit. Another great suggestion would be to take out some of the profit and leave some for later. We don't know if xrp will ever see $0.19 for next few months/years.
Yes, the new token is scheduled for the distribution. It isn't promised of price rise on the distribution, but there is more chances for the same. Good is to to take place as capital along with the 40% of the profit. Leave the rest for the further growth. XRP is good with its widespread and growth associated with its real-time usage. Through this there is more chance of higher growth.

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December 04, 2020, 07:36:23 AM
 #26

I would at least wait it out till they distribute new tokens. It can definitely go above $1 by that time and you'll be able to enjoy more profit. Another great suggestion would be to take out some of the profit and leave some for later. We don't know if xrp will ever see $0.19 for next few months/years.
Yes, the new token is scheduled for the distribution. It isn't promised of price rise on the distribution, but there is more chances for the same. Good is to to take place as capital along with the 40% of the profit. Leave the rest for the further growth. XRP is good with its widespread and growth associated with its real-time usage. Through this there is more chance of higher growth.

Do you mean the flare airdrop that is upcoming for xrp holders? I have the feeling that once the snapshot is over, xrp price may go down a lil bit as some holders will sell their coins while they are still in profit. So need to keep up with the market for those holders as it may go down again. We haven't seen this price for long time so those who are already gaining will sell their portfolio.
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December 04, 2020, 10:26:59 AM
 #27

my target for XRP is to get back above 1$. Looking at the news from the past few weeks, I think that's very realistic. If seen from the current trend XRP has a lot of strength to go higher. So it's normal that I have high hopes for this coin. especially when the market is good for altcoins. and xrp is also one of the best performing altcoins during the current bull trend. So big chance for XRP back to 1$.

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December 04, 2020, 10:41:43 AM
 #28

Hi..

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



Congratulations you are in a big profit now, you can take a profit now or wait a little more because of the Flare airdrop investors will still buy even at the last minute you can sell after the snapshot but be sure to hurry because there's a possibility that many will sell their token after the snapshot, many are buying because of the airdrop which many thinks will have a potential in the market.

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December 04, 2020, 10:55:16 AM
 #29

I loaded my bag at $0.25 each XRP, And i am not going to cash in. XRP is not reach it's All Time High price which arround $0.95 yet the institutional company is still comming. I hope there will be more and more new institutional company entering this crypto market especially XRP, ETH and BTC.

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December 04, 2020, 11:33:06 AM
 #30

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?
Before investing in each coin i already studied and planned on How much my target Amount in selling even if this took me much longer time because Majority of the Amount in my folio is a spare cash that i imvested in crypto though there are some percentage that Comes from my Cousin and Aunt since i had encourage them to invest yet they wanted me to Hold all of those.

My Lowest price for XRP to Sell is at least $1.2 and the max is 3$ ,once Hit that prices surely  Dump us what i will do,and wait for another Entry chance.

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December 04, 2020, 01:03:53 PM
 #31

I got in at 50 cents I think,,, sure that it would get back to $1 at the time. Cannot really remember my exact entry price but I doubt I bought at today's price so I guess I should be happy for 20% profit but not going to do so now. I have such a small amount it might as well wait to $10 minimum;)

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December 04, 2020, 02:42:41 PM
 #32


already sold mine at $0.6 few days ago, i feel like i am already winning with my profit. the investment was not that big for me but 3x profit is already big in my opinion. i think this is my biggest profit in this year and i got this in just 2 weeks of holding which is insane honestly, but for those who is holding longer then you should be careful and do not let greed feed you

Ripple is on the top 10 making it one of the good coin to include in your portfolio it's highest price was $3.80 there's a possibility that it can be exceeded maybe next year, if you are going to sell for profit, be sure you still have some for future profit, with Flare token coming and the many updates the price will be pump when Bitcoin make a huge pump.

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December 04, 2020, 03:07:16 PM
 #33

Yup you’re taking the right amount of profit. Taking profit now is a good idea, you shouldn’t let greed take over you like some people would do, if you feel like you have made enough profit and that you should sell and cash out, then don’t waste time in doing that.

Some people would not sell their coins because they are looking for too much gain and believing that the price of the coin they have invested their money will still run up a few more, but after their waiting they will receive the opposite of what they have wished for. So never waste time in taking what you have got.

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December 04, 2020, 03:41:32 PM
 #34

Yup you’re taking the right amount of profit. Taking profit now is a good idea, you shouldn’t let greed take over you like some people would do, if you feel like you have made enough profit and that you should sell and cash out, then don’t waste time in doing that.

Some people would not sell their coins because they are looking for too much gain and believing that the price of the coin they have invested their money will still run up a few more, but after their waiting they will receive the opposite of what they have wished for. So never waste time in taking what you have got.

I always take profit. On stocks and on crypto. What I typically do when my investment doubles, I sell around 60%. In this way, I am in profit and with the rest I just play. Even if it goes down to 0, I still have my profit.

All investors need to learn that taking profit is important; not everything keeps on rising and rising and the momentum can change quickly!






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December 04, 2020, 03:53:56 PM
 #35

Your profit is more than fifty percent, that’s a good return on investment, if you sell at $0.65 it’s not a bad idea.If you still continue to hold we don’t know when the market will fall back, although it has been bullish as of lately, but we can’t really predict what going to happen next.

Fifty percent is a good one, but if you want to continue holding and maybe see where the market will be at next, then there is nothing wrong with it, that’s why I said we can’t predict the future, you can still hold and the market will grow and you make more profit, it’s all your choice, but don’t make decisions out of greed.

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December 04, 2020, 03:55:09 PM
 #36

I would at least wait it out till they distribute new tokens. It can definitely go above $1 by that time and you'll be able to enjoy more profit. Another great suggestion would be to take out some of the profit and leave some for later. We don't know if xrp will ever see $0.19 for next few months/years.
Majority of XRP holders are waiting until the snapshot will be taken. I have asked some friends and they are saying the same thing to me that they will dump their XRP after snapshot.
OP has bought XRP at a very good price and he can go out from the market anytime.
There's no reason for him to feel worry about his XRP consider he has been getting decent profit from his XRP. He should also take it as long term too.

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December 04, 2020, 04:32:44 PM
 #37

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?

I believe now it's a good time to cash out some of the profits with the idea to buy back some more if the price drops.

XRP gained a lot of BTC value in the past month, and I think it lost the momentum. Now I think there will be a correction.

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December 04, 2020, 04:50:39 PM
 #38


taking profit at $0.60 is good but if you are really bullish for XRP, try waiting. remember that its ATH is $3.

op get into xrp at the right time which is really good. so you see he had patiently waited this long so it might just make sense for him to wait a little longer since he had done it so for a long time. i wouldn't worry when I got the coins for cheaper price, I tend to have bought mine way cheaper than $0.19 so I'm not worried if it drops again.









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December 04, 2020, 11:15:44 PM
 #39

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

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.
People had a chance to unload their XRP for 0.78 dollars per coin which was a good rate if you ask me, it is because of this that I am not a big believer in goals, I prefer the market to tell me when to unload my coins, that way you are not going to sell too soon or too late and you will not be dominated by your greed when the time to sell comes, it seems the OP made great profits out of his investment and he should be glad since XRP has not been the best investment during the last years but it seems he entered at the perfect moment and now he is getting his rightful profits for this correct call.
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December 05, 2020, 04:03:34 AM
 #40

The XRP has loaded at 0.19 but the market needs to be analyzed well before the currencies can be sold you have to wait patiently for the price to go up and down it will usually depend on your own whether to hold this currency for investment. A lot of the time when you invest for high profit after greed then the price goes down so you face a lot of losses avoid greed and follow the market in case of selling and buying only then will the price difference be understood and the price of XRP currency will be easier to understand.
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