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Author Topic: Loaded on XRP at $0.19. Time to cash in  (Read 370 times)
ahoenk
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December 05, 2020, 09:03:39 PM
 #41

You can cash in now and take 2.5 x profit, because thats looked like hot money not cold money which you will use only in the futures.but if you invest your cold money, you can hold it untill xrp reach its ATH which i predicted its gonna be end of 2021 year. Now we will see side way market for next 3 month.

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seleme
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December 05, 2020, 10:28:16 PM
Last edit: December 07, 2020, 11:15:22 PM by seleme
 #42

26% profit, not bad but low for the bull market. From my understanding, you just made a risky decision by selling the funds belongs to the client. This time you are lucky but the next time you can be fired in case of suspicious activity on trading accounts of investors. I still need more info to calculate the risks you accepted before getting in the trade because you have to accept the fact which is about to give back the fund of investors in the loss. The another question is if you have enough money to recover the loss why you risk other people's money? Can't you see the risks if the market goes against your open trade? Being underwater is not good in all cases, in my experience.

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December 06, 2020, 04:45:20 AM
 #43

~snip~
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.

Selling XRP at $0.78 is good for them, but they also have another option to wait and still to buy XRP at the current price. If they want to sell at above $1, they need to be patient and waiting for the price to start the rally.

It could be right if the @OP know when he needs to sell his XRP because the price now is still at a low price. And if he bought XRP at the lowest price, yes, he is making a big profit from the price now, but that will depend on how many XRP he has. We need to calculate how much percentage we want to profit, so we can directly sell it when the price reaches the price we want.

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RealMalatesta
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December 06, 2020, 08:35:24 AM
 #44

XRP will make people money in the future as well, as long as people keep trusting Ripple to make them money, they will continue to invest into crypto and invest into XRP and that is not going to end; which means, I can assure you if you bought XRP at 19 cents or 1 cent, it doesn't matter because the longer you keep money in your hands and the longer you can wait, the more money you will make.

I understand that it had its ATH way back years ago and haven't reached that yet, just like many other altcoins, however one day when that happens you are going to realize that you could have sold at 3 or even 5 dollars, god knows maybe more. I never liked XRP but I can at least realize the fact that XRP just like any other coin could continue go up with more years behind us.
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December 06, 2020, 04:07:12 PM
 #45

You can cash in now and take 2.5 x profit, because thats looked like hot money not cold money which you will use only in the futures.but if you invest your cold money, you can hold it untill xrp reach its ATH which i predicted its gonna be end of 2021 year. Now we will see side way market for next 3 month.
even though I hold xrp until 2021, I see that this development has not been maximized in achieving the profit target. just look at the total supply of xrp is very large and this has not shown the maximum development of xrp. So are you still sure to hold XP for a long time?
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December 06, 2020, 10:01:25 PM
 #46

You can cash in now and take 2.5 x profit, because thats looked like hot money not cold money which you will use only in the futures.but if you invest your cold money, you can hold it untill xrp reach its ATH which i predicted its gonna be end of 2021 year. Now we will see side way market for next 3 month.
even though I hold xrp until 2021, I see that this development has not been maximized in achieving the profit target. just look at the total supply of xrp is very large and this has not shown the maximum development of xrp. So are you still sure to hold XP for a long time?

Xrp on my own visionary can be a good asset when it comes to buy and sell, but if you're looking towards long term timeline I believed it just depend with potential market random behavior. We can expect beyond than that, because of an unpredictable market fluctuations. It maybe positive or negative trend which always affects every single instance, there's no assurance at all time cryptocurrency tend to crash when bearish comes.
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December 06, 2020, 10:42:10 PM
 #47

People call XRP a scam coin because it has banks involved in it and the total number of tokens are high as well. There are a few who also talk about XRP to become the next BTC and even surpass BTC's marketcap tenfolds (it's a joke to me but as it's crypto, anything can happen). For that to happen, XRP needs to do a >100x even from its current value which seems impossible to me. Yet, I believe XRP has the potential to do above $2.5 this alt season and then, get back under $1. About BTC, sky is the limit because it's in a zone where a new ATH is yet to be decided, but I believe it should cross above $22.5k for a healthy ATH this time.

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December 07, 2020, 04:29:15 PM
 #48

You are lucky to be able to buy XRP at a very cheap price, at $ 0.19,
of course if now the XRP price is at $ 0.65 you will get 2x, I think now is the right time to sell some XRP.
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December 09, 2020, 04:49:55 PM
 #49

People call XRP a scam coin because it has banks involved in it and the total number of tokens are high as well. There are a few who also talk about XRP to become the next BTC and even surpass BTC's marketcap tenfolds (it's a joke to me but as it's crypto, anything can happen). For that to happen, XRP needs to do a >100x even from its current value which seems impossible to me. Yet, I believe XRP has the potential to do above $2.5 this alt season and then, get back under $1. About BTC, sky is the limit because it's in a zone where a new ATH is yet to be decided, but I believe it should cross above $22.5k for a healthy ATH this time.
I do not think it is either, XRP is not the next bitcoin but it is one of the oldest coins in the market since the idea behind it has been around for a very long time, so it is not a scam either, the reason a great deal of the community does not like it has to do with the fact that it is a centralized coins controlled by banks and as you can remember bitcoin exists so it can give us an option to not be part of that system and XRP does not offer this at all.
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December 09, 2020, 09:23:57 PM
 #50

People call XRP a scam coin because it has banks involved in it and the total number of tokens are high as well. There are a few who also talk about XRP to become the next BTC and even surpass BTC's marketcap tenfolds (it's a joke to me but as it's crypto, anything can happen). For that to happen, XRP needs to do a >100x even from its current value which seems impossible to me. Yet, I believe XRP has the potential to do above $2.5 this alt season and then, get back under $1. About BTC, sky is the limit because it's in a zone where a new ATH is yet to be decided, but I believe it should cross above $22.5k for a healthy ATH this time.
I do not think it is either, XRP is not the next bitcoin but it is one of the oldest coins in the market since the idea behind it has been around for a very long time, so it is not a scam either, the reason a great deal of the community does not like it has to do with the fact that it is a centralized coins controlled by banks and as you can remember bitcoin exists so it can give us an option to not be part of that system and XRP does not offer this at all.

actually thats true! a lot dont like this coin because of its centralised nature. however, i for one, is using this coin for transfer purposes because of its cheap tx fee and quite fast, which makes it as a good payment option, which is one of their goals for this coin.
xrp is about to rise its value in few days because of this spark token airdrop, but i have the feeling that they will go down after the snapshot. so for those xrp holders, be prepared on what to do after the snapshot, sell or hold? either way, make sure before you sell, it is above your buying price. at least get profit out of it

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December 10, 2020, 02:38:59 PM
 #51

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 is you average per sats price.  If you bought xrp at $.19 when bitcoin was $3k you are losing money.  This would provide more insight as to whether or not its smart to unload or not.  (Depending on your profit target)

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