If you are HODLing XRP I would not do that anymore. Always see a higher time frame, we can see there was not any signal for reversal. I am expecting more blood in the coming weeks to take out liquidity and also capitulation of most HODLers of XRP.
My friend told me that HODLing in XRP brings a good RR nowaday. Yes, that's right but only in case, when you see some signals of strength on daily, weekly... When you look at this asset during past days every "bullish daily momentum" was immediately absorbed by bears. That why I will be very cautious about where to HODL. If I will miss the first 10-15% it is okay for me. I will wait for the re-test but will have a clear and certain mind without any loss.
An optimistic scenario would be if we will take out stops at 0.17421 and have a bullish reversal (SFP) and start to rally above 0.1890 - then I will look for longs otherwise not.
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I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.
No hodler looks to hodl less than 5 years. This is long-term, not short-term. 5 years here minimum. My hands never shake.
UnknownUnicorn6034472
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@Immortalsouls, I like it. If you have a plan - stick to a plan, good risk management then it is alright.
HODLER_OF_XRP
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As a hodler, there is no blood, lol. There are just new buying opportunities showing up to lower the cost average. Then we'll grind it all the way up till its deep green.
UnknownUnicorn6034472
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@sturdy1985, you do not want to HODL an asset that can not give you at least +10% per year. Basically, if you have some relationship with money better HODLing SPX than Ripple this year. If you wanna have an annual growth of your equity than you need to choose healthy assets and not assets where you "think" someday it will pump 200%.
The same goes for Bitcoin, it is a big difference if you are HODler from $3000 or $7000.
ThumbSkin
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@Trader_ADA, sounds like a very short term mind set
UnknownUnicorn2931150
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@ThumbSkin, just trading what market gives you. If I will see some good reversal and strength in XRP I will long it, but now price favors shorts
UnknownUnicorn6034472
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@traderIMT, +1
BlockchainSon
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Someone people got in during Sub Pennies
UnknownUnicorn6034472
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@sungrab, well, XRP can be a good asset to rally in the next "pump" for sure. I am just warning those who still HODL or trading it what can come next.
I am also showing potential HODLers of XRP WHERE they can add or buy XRP :-)
You should be always curious where the price is.. if it is a premium or discount...