TradingView
JSEBOSS
Jan 27, 2018 3:28 PM

Ripple the burst bubble! Short

XRP / U.S. dollarBitstamp

Description

Very bearish on Ripple. Chart is a true burst bubble. Fundamentals suck. 1. Zero adoption from big banks, 2.Ripple's big holding 3. no cap set on coins. I say get out of this.
Comments
essexboyracer
xastunts
@essexboyracer, thank you! very useful news about XRP! (RIPPLE)
myst3rious
From your comment, it seems your are not analyzing but hating it.
JSEBOSS
@myst3rious, I had a holding until recently. Just look at price, does it look bullish to you? Forget Fundamentals.
myst3rious
Ripple is not down. Rather whole crypto is somehow down. Now, each crypto curr is getting live again one by one if there is some good news. Russia has some good thing for cryptoconcurrency in their bill, you will see ETH getting live. And when Korea Japan will have some good news to revive sentiments of ppl, you will see Ripple jump. Thats how it will work.

So if you do not want to put a lot of thought on these factors, you can just focus on grabbing when there is dip, and HODL.
BTW, I see Ripple has more potential and real customers than Bitcoin. It is more practical and by end of 2018, your XRPs will be running in customer uses. Its all future and then there is RISK, because its future.

So put that only amount you want to RISK in the currency that you think would be used in real.
SuroeshJazayeri
@JSEBOSS, "forget fundamentals". A very important part of why price would go up and stay there. Please be aware of what you say man.. This isnt really helpful at all. Follow Cryptonary on instagram and twitter and Watch and learn form the best.
JSEBOSS
@myst3rious, Im really not hating on Ripple. I hate the current structure of price which yo clearly don't understand because you are a hodler and not a trader. Like I said above $2.30 Im back In. And if its going to $100, I missed out on a $1 of that by getting in later...
FernandoMocer
I think you lost money with this. If you are trading with cryptos you most know the past graphics. If you check them you will see that this kind of movements are normal, retraces from 50% to 80%. There are also two times in the year this happens, january and August, the most profitable months are december and July, more or less they are repeating every year. Since I´ve been trading I have lost so much money because when this happens and you don't know how to trade you see people talking about bullish movements when is clearly in the correction. Understanding this makes me make earn so much money, you most flow with the river, whats happening now? People like me are trying to buy at the lowest price for selling at the highest. Thats what forms the mountains that clim in a long term bullish movement. So for you to have an example if now I have 100,000 usd and I buy XRP at 1usd I expect to seek it at least in 5, posible 10 or 15 usd. Can you see how much money I will have at the end of 6 months. 5K to 15K from 1K. I started this with 5,000 usd. You get on the train and get off in the right time waiting to buy the cheapest ticket for your next trip. So please don't post shit like this because you are not educating people who want to learn how to make money. This forum is for support not for bring it on your bad energy. Please think about it, for win you have to lose, I past for very bad times, I lost all my money at first, then money came back I reinvest but with more knowledge.
JSEBOSS
@FernandoMocer, Again, I said above $2.30 I'm back then I'll ride with you. Price not showing that yet...
FernandoMocer
@JSEBOSS, Well is that your plan ok but is not bad its going down you understand?
More