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Author Topic: Should I sell my xrp or wait until $1?  (Read 505 times)
Hippocrypto (OP)
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February 12, 2021, 11:38:05 PM
 #1

I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price.
As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now?

Please check here the live chart, https://www.dailyfx.com/ripple-xrp
jackg
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February 12, 2021, 11:43:17 PM
Merited by Hippocrypto (1)
 #2

When did you buy/what price?

If it goes to 0, will you be happy? If you get a loss, will you be happy? Is the unhappiness worth the mere 2x you could make?

Personally, given the ripple turmoil, I'd sell. You could make another 2x some other time in a much safer trade imo - even in the stock market that's possible (over a few months) .
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February 12, 2021, 11:54:59 PM
 #3

When the market is on the bull market, we tend to be more greedy and forget our target price and that make people lose opportunity because of that. You should always have your cut-loss and target price so when the market  hits it, you know what to do. If you’re happy with your profit now sell it, and reinvest that money into other project.

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February 12, 2021, 11:58:14 PM
 #4

I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price.
As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now?

Please check here the live chart, https://www.dailyfx.com/ripple-xrp

Set your targets!

Sell now and buyback later on when the correction happens.Rinse and repear.. Sounds simple? No its not because this will really be involving emotion
on every position or trading decision you would make.This is the hardest part is on when you are really having doubts and feelings that it might
pump even more and would be afraid on missing out those profits but eventually you can really still able to earn
if you do just know to play the price.

R


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Hippocrypto (OP)
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February 13, 2021, 12:18:15 AM
 #5

I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price.
As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now?

Please check here the live chart, https://www.dailyfx.com/ripple-xrp

Set your targets!

Sell now and buyback later on when the correction happens.Rinse and repear.. Sounds simple? No its not because this will really be involving emotion
on every position or trading decision you would make.This is the hardest part is on when you are really having doubts and feelings that it might
pump even more and would be afraid on missing out those profits but eventually you can really still able to earn
if you do just know to play the price.

That's what I am planning right now man, already made my decision recently I've sold my part and the target you suggested is great. Maybe I've find some additional resources next week as my savings will be used to buy back once price starts to go down.

@jackg thank for those response made here, I really appreciated it much and finally I been braver enough upon reading all those comments you've said man.
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February 13, 2021, 05:13:48 AM
 #6

I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price.
As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now?

Please check here the live chart, https://www.dailyfx.com/ripple-xrp

If you bought xrp during very low price and if it did hit 1$ and you are in profit then sell. Nobody can assume what could be the outcome of trading as long as you set your goal on what price to sell then that's it. Even it goes more than your target then that's fine. Don't say such as " Oh shit I sell so early" cause that's how the market moves. Move on if it pass your target I'd your at loss cut it if its too big already and can't take it but if you hold until it came back to your buy price then you are not in loss.

Personally I am sideways about xrp and still unpredictable.

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rhomelmabini
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February 13, 2021, 06:03:54 AM
 #7

I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price.
As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now?

Please check here the live chart, https://www.dailyfx.com/ripple-xrp
If you manage to take profit then get/sell it unless there is a clear light about the lawsuit with them with the SEC. If you are somehow just into FOMO seeing some videos then don't be, saying it will hit $1 was just some sort of advertisement, remember right now it was just a pump and dump token.
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February 13, 2021, 06:27:26 AM
 #8

I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price.
As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now?

Please check here the live chart, https://www.dailyfx.com/ripple-xrp

Thats a choice that you need to make up on your own.  XRP is right now trading for .$.62 so you still have a long way of $.38 until your price point of $1.

That might take a long time and depending on what price point you bought at you might be in a good place to take your profits now before it reaches $1.  Only you know this.

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February 13, 2021, 07:52:19 AM
 #9

That's what I am planning right now man, already made my decision recently I've sold my part and the target you suggested is great. Maybe I've find some additional resources next week as my savings will be used to buy back once price starts to go down.

@jackg thank for those response made here, I really appreciated it much and finally I been braver enough upon reading all those comments you've said man.
Good job selling it. You should always expect a dump after a pump, and never ever expect it to go up to a certain price since you saw it rallying for a bit. That's a trap that I always fell for and probably most people do as well, it's kind of the very meaning of buying high and selling low. Always take profit immediately imo, and don't get disappointed if the price goes higher from where you sold, don't chew what you can't swallow. Just use that opportunity instead to plan ahead more and try and see more buy low and sell high opportunities.

R


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February 13, 2021, 09:24:26 AM
 #10

It all depends on you, whether you want to sell it right now or waiting for the price to reach $1 again. We do not know if the price can reach that price after XRP has a problem, but we already saw what happens to XRP these days. So I think you already have your own analysis about XRP, and I hope you know when to sell XRP. If you think XRP can increase and back to $1, you can wait until it reaches that price, but we do not know when it will happen. If you are afraid that XRP can not reach $1 again, you can sell it now, but do not sell all of the amounts, so when the price can reach $1, you still have the other amount to sell.

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February 13, 2021, 09:38:31 AM
Last edit: February 13, 2021, 09:49:48 AM by harizen
 #11


Don't get too hyped. XRP reaching $1 even without those issues they faced before, is already a speculation for a long-time.

If you able to take advantage of the price swing, you don't need to hold your position until $1.

Only you can decide on that. Waiting to $1 might not happen soon, obviously, just on my own view.

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February 13, 2021, 11:51:42 AM
 #12

^ The same on me, I won't expect XRP will reach at $1 price, we know that this coin was in the hype and regulated coin. If they want the price to pump, they will. Decide by your own OP, if you feel that this coin will raise up soon, then, you must hold on but if you think this becomes shitcoin someday, who knows. As I advise you if you see your profit were there, probably it is not good if you sell this, but if not, don't be a fool selling under the price you have purchased. Nevertheless, all of these were dependent on the OP.
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February 13, 2021, 11:54:26 AM
 #13

It's half for reaching $1. But it is struggling, I'm not encouraging you but you better set a price target lower than that. It's not impossible to see XRP goes on $1 again just like on its ATH but you may not have that kind of patience that you need to see it happen.
If you're in total profit, you can eventually sell it in batches as long as you're very much satisfied with your gains. But if you really want to wait for it until it goes $1, that's your decision but you can always change your mind.

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February 13, 2021, 01:27:28 PM
 #14

Want me to share my view?

XRP will not reach $1 until they resolved the issues they are facing. What you see is just someone attempts to make a bullrun but you and all others who are expecting because of emotions are all victim to see if they can create a panic. If you are in profit then you can sell it right away, as believe me, price will goes back again on the ceiling at $0.2. Not a financial advice but that's what I'm seeing. You won't able to sleep properly if you overthink that too much lol.

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February 13, 2021, 01:47:44 PM
 #15

Want me to share my view?

XRP will not reach $1 until they resolved the issues they are facing. What you see is just someone attempts to make a bullrun but you and all others who are expecting because of emotions are all victim to see if they can create a panic. If you are in profit then you can sell it right away, as believe me, price will goes back again on the ceiling at $0.2. Not a financial advice but that's what I'm seeing. You won't able to sleep properly if you overthink that too much lol.

Perhaps, you're saying it correctly bro I think I'm just thinking out too big for now due to the upward trend of current chart. Certainly I've been selling what I got and take the profit I wanted, and most probably my contingency plans would be established once price will become bearish again until $15 or lesser. Thankfully, I would able to sleep well tonight unlike other nights which went so unwell due to stress.
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February 13, 2021, 02:00:20 PM
 #16

What if someone tells you to wait until $1, will you just follow it?

For me, I will say sell it now with the current price, will you follow?

I understand your confusion but the decision should be made by you. We are just speculators and no one knows what will be the future of XRP. Like others saying here, it's difficult for me to think that XRP will reach $1. Maybe in 1-2 years.
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February 13, 2021, 02:18:31 PM
 #17

Hey, try to check the weekly chart. There are good points that gives you some signals when to buy and sell.

Right now, the target of $1 will be tough. The best plan is to not wait for it but do some few spot trades. You will get more profit by doing it compare when you wait for $1 for which we all it will be a tough run to achieve.
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February 13, 2021, 02:38:49 PM
 #18

XRP is a huge volume marketcap coin so it will maintain a top position in crypto market and we know it will mainly concentrate the banking sector platform, so we expect it will raise on further years. But $1 is unpredictable in this year so we can sell at anytime. Many traders are discussing when it will cross the $1 so many peoples are waiting for the next jump of crypto market. The current traffic is end soon so those are plan for selling xrp they fix some short range in Ripple.
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February 13, 2021, 02:42:17 PM
 #19

Just sell it now f you could see already a decent price now.
Anyways, I don't give you loose hopes nor discourage you from holding XRP because if you are thinking that XRP will rally high at $1, I can't say that you are wrong but maybe yes.

This XRP never has that price since before ( correct if I'm wrong). Price is already controlled by the devs which is hard to believe that he will lose his hands and let the market change it. But I don't have such feeling and the price will remain at low below $1 which is we normally saw since from the start.

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February 13, 2021, 03:12:51 PM
 #20

That's what I am planning right now man, already made my decision recently I've sold my part and the target you suggested is great. Maybe I've find some additional resources next week as my savings will be used to buy back once price starts to go down.
It is good if you already sold some parts, and that will be best if you bought XRP at $0.2 and sell it at $0.6 because you are making a nice profit. You can wait for another time to buy back XRP, especially if the price can go down below $0.5. But to see $1 again, I do not think that will be easy and it will need more time to reach that price. It can increase to $1 if the investor wants to back to the project, so XRP can have more support to lift the price. But lets we wait and see if that can happen later.

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