Crazy moves on XRP. Probably most of the investors/traders are crying right now. The reason is because they missed on this big move but why?
Due to their emotions. That was the best confirmation for me why I was still holding XRP and still publishing here new Updates to remind everybody about it that a huge pump will occur.
The first time when I made an analysis on XRP was at 0.20$ I presented so many confirmation about why this is so logical that this thing should take off and it did.
My best confirmation was the emotional aspect of the majority. This is how investment works. Whenever the majority are super confident about an Investment Instrument to go to 0 or considering it as an bad business you should open you eyes and attack at the right point(price). Whenever the prices are low the majority are scary. After the price is pumping everybody is looking to buy. But it is too late.
This is exactly what happened when XRP faced the lawsuit with the SEC. Everybody was selling and so many investors bought that market a few days before due to that strong % growth (+250%). A few days later there was a *reason* to dump xrp. That made it even more attractive to buy it after that huge drop.
This has been my confirmation strategy with BTCUSD...when everyone on tradingview is suggesting a Sell, that's the best time to buy and buy more going downwards... Once it bounces back everybody on tradingview is saying BUY, I know that's when to take my profits... Works 100% with good money allocation