I was just checking out XRPBULL and it looks like someone(people) has been putting down big bets. Check out that volume! I do not recommend leverage, you can get absolutely destroyed. XRPBULL/BEAR are extremely volatile and you can lose everything. That being said, interested to see how this plays out.
Can you explain this like if I was a 5 year old. I did not get this post, but I still found it very interesting.
orlinmyer
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@eddiemedusa Every percent that XRP goes up, XRPBULL goes up 3 percent. The amount of XRPBULL tokens bought (the Volume) shows that someone really thinks XRP hit the bottom and is now going up. However, every percent down, Bull goes down 3 percent (compounding) so you can lose all your money.