Just like many naive and soiled moonboys before me I thought I had bought the absolute XRP dip one year ago today. You can see that is NOT how things played out.. but what did I really know anyways?
Sold thousands of XRP back in the day @ .20 cents just before the run to $3+
Sold multiple BTC at $240 and $975
Ive taken every loss as a lesson. Every missed opportunity offered hope to keep pushing for whats possible. Will the XRP moonthenmars express pick us up soon? We may just get left waiting realizing its the beginning of our worst nightmare. No matter what happens to the price of XRP or Ripple Labs my body will continue to breath in that delicious rip of fresh air, giving me life. My working hands can pay the bills for whatever is necessary. Any remaining capital is to be put to work. In remembrance of my biased and blind hope this time last year, I am going to add to my long position today - see what happens. Haven't traded any fiat for XRP in these recent lows but have a plan to buy if we see that .16 cent region that (too?) many are eyeballing.
For the traders looking for a sideways/choppy 2020 with XRP, look how rangebound 2019 turned out to be! Either way soon enough well know! The chart has clearly gotten SUPER compressed and price action looks ready to take off. The only remaining question is will we need a matador's cape or bear spray and butt wipes?
WHaT dO YOu tHinK iS gOinG tO HaPPen?
#xrp #ripple #cryptocurrency #blockchain #worldtrade 2020 NEW DECADE. NEW ASSET CLASS. NEW WEALTH CREATION. ITS THE ROARIN' 20's BABY! *not financial/investment advice*
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Annnnnnnnnd it’s gone. LOL #xrpthetease
Btw I’m not surprised or spooked. Opportunity is all around us. Cheers
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Timing was off but remarkable to see how well the trend lines were respected..
I think they'll (the handful of billionaires who made this coin) continue to dump to fill their pockets with cash, those dumps usually hidden in BTC rises. They simply can't help using the money printing machine.
Watch the next BTC pump, and watch the circulation of XRP. It's a very slimy tactic, but it appears folk are now seeing through it.
If they didn't dump incessantly, instead of disillusioned speculators getting their pockets emptied, XRP would be $5+ by now. The rises wouldn't have been sold off, and a flood of new buyers would have rushed in, over and over.
Instead, the equivalent is sitting in a few people's pockets.
MitchMilli
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@Kerbifer, I will keep an eye out for the circulating supply correlation your talking about! Appreciate that! The only thing I disagree with is if they could make money out of thin air why waste all the riches at the start of the party? If they completely dump it now they will make billions but miss out on trillions. For that reason I personally don’t see it going that way. Who knows what tomorrow will bring. Only time will tell hope you have a smashing 2020!
Gaengphed
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Thanks for your chart and advise! Me too, bought the top, sold the bottom, got out of a play just before a moon-action...story of my life hahaha.
BUT...not this time! After 1,5 year of waiting, I started buying again with fresh fiat. Every month buying on a dip. When everyone else got scared and shaken out, blood runs through the streets...I'm buying!
As far as I can see now, I think I will purchase monthly until XRP reaches around 0,50.
ThumbSkin
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So it's a bullish sign when you feel like selling
MitchMilli
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@ThumbSkin, precisely! Did get $7 ETH though that was fun... best wishes.
Watch the next BTC pump, and watch the circulation of XRP. It's a very slimy tactic, but it appears folk are now seeing through it.
If they didn't dump incessantly, instead of disillusioned speculators getting their pockets emptied, XRP would be $5+ by now. The rises wouldn't have been sold off, and a flood of new buyers would have rushed in, over and over.
Instead, the equivalent is sitting in a few people's pockets.