robin.bak
Long

XRPUSD to ¤0,80 or lower, Wait for Long!

BITSTAMP:XRPUSD   XRP / U.S. Dollar
As can be seen from current drops and lines drawn from 1H and all-time high of 1.32, after a short rebound to 1, 40 levels Ripple wil continue to drop in the support range of 0,60-0,80 cents, wait for that opportunity to buy!

Comments

Updated my idea, check here!
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I bought Ripple at 2.20...What should I do ? HOLD or sell ?
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robin.bak krisso9876
@krisso9876, It depends, how long can you hold your positions? I'm absolutely positive it'll go back to the $3,- levels, so if you have the chance, buy some extra between 0,60 and 1,00 and watch it fly back to the moon :)
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tarunias001 robin.bak
@robin.bak, it seems to already have takena turnaround look.
look any time fram it will be more clear to you.
that buy zone aint hapenning now.
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robin.bak tarunias001
@tarunias001, in my opinion it's not turning yet, we're still between bearish borders. Upper barrier is around 1,60, once that's broken it could continue to go up again. It's going flat now, wait a few hours for it to go down again!
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@krisso9876,

I would hold and consider adding to the position at levels suggested.( (cost average) Do you have a trading plan? If not then start one now.
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krisso9876 ramonbenavides12
@ramonbenavides12, To be honest no, I don't yet have a trading plan in place because I really only initially had the intention to HODL long term from the outset. Thats why I invest my $'s all in Ripple. However now I know many times that I have missed opportunity to compound by buying low - thus picking up any losses and capitalising the profit again.
Can I sell 50% now and buy a little lower just to hedge against losses since we are getting so close to the buy zone now anyway?
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@krisso9876,
Yes, but with a caveat. This will go higher than your 2.2 entry....Just takes time. This crypto has all of the needed elements to succeed and become a good investment. When XRP doubles your entry point. Exit 50% and take risk off of the table. Risk free trades are always good.
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