I was one of the few who always said, forget a ripple rally before 2020.
This coin's dynamic is fascinating, because it offers extremely high potential ROI , but is also
by far the most frustrating.
That's why most people fail to make some nice gains with ripple.
They always chase after the new trendy coins which pump as early as possible.
Ripple makes most of my altcoin portfolio. But this is also the most brutal to invest.
All other coins will start rising, but Ripple? Nothing. Flat. BTC rising. Ripple? Flat. In USD
terms at least. All will start folding. Die hard ripple fans even sell their entire stashes and
pursue the new stars such as Link, etc.
Then, when XRPBTC hit rock bottom. When almost all other coins will have pumped, will XRP start.
And when it does, you better grab your seatbelts.
Only the ones with extreme psychological willpower will be rewarded by XRP.
XRPBTC will fall now, and start pumping later this year, early next year. First pump. Second pump then by mid 2021.
Target still remains 30-50 USD. Call me crazy, but you will see.
So we need to have a few more months of patience. But hey, what are a few more months, we've been waiting for years already :)
We are back in the falling wedge. The spar airdrop pump turned out to be a false breakout.
I assume we'll continue a while in that descending triangle, and depending on the SEC outcome, we'll either see a small pump or a big one. In case Ripple wins against the SEC, we will be back on track for the target of 30 USD.
If SEC wins though, expect a smaller pump, as then the coin can't be traded in the US, which will result in lower pump volume and thus lower maximum price. Let's see. For people who find XRP too risky right now, I suggest XLM as an alternative. Dash, NEO, IOTA and DGB also look very promising (haven't pumped yet, but have good pump potential).
According to your medium-term BTC predictions (next 2 years), you expect to see BTC hit around $100k-$120k sometime mid-end of 2021. If you take the current price at $16k, you are looking at potentially x5.25-x6.5 your investment.
According to your medium-term XRP predictions (next 2 years), you claim that we could see $30-$50 sometime mid-end of 2021. If you take the current price at $0.26, you are looking at potentially x114-x191 your investment.
Correct me if I'm wrong but if I invest $10,000 in XRP today, your models could predict almost $1,900,000 in profit in the next 14 months...
Now those are two incredibly different ROI Numbers for a very similar time frame. Why not just primarily trade XRP? Is this realistic? Do you feel that the BTC investment is more "safe" than the XRP" investment? P.S. I haven't sold any of my 5,000 XRP for 3 years now so I can definitely be patient haha.
Yes, XRP probably has a higher ROI than BTC, it was the same back in the last bull run. Then, BTC did a x100 from around 200 usd to 20,000, while XRP did almost a x1000, so it performed x10 better than BTC.
I am just taking a similar value right now, BTC does an x10, XRP a x100.
These are all rough estimates, XRP could also top at "only" 20 USD instead of 50, it's hard to say where.
But of course, XRP is higher risk, one should be aware of that, because it is centralized. It belongs to ripple labs, and if they would screw up, XRP would screw up.
High risk, high gain, that's just how it is :)
No idea, but somehow I believe they will settle. And probably around the time when the big falling wedge ends, so March or April. And then massive bullish breakout.
These events often coincide with some major TA timeframes.
And I don't think this is a coincidence, hehe.
So my guess is March or April. But I am also just guessing.