I just wanted to offer some advice this morning, especially to long term XRP holders. I highly recommend that you stop setting PT's to sell, and that you start considering holding your XRP permanently. Lets say that you hit your PT and cash out. What are you cashing out to? Fiat? How unwise is that! Our current financial system is going to collapse. The US dollar is going to be worth null soon as well as most world currencies. Here is what I recommend you do. 1) Set up an account with Uphold, Crypto.com, or your preferred exchange, and Make sure they offer their holders debit cards, I know the 2 I listed do. 2) Store your XRP in a DEFI wallet or Leger away from the exchange. 3) Utilize this setup as your new bank account.
I'm hoping I explained this correctly. I just don't want to you you guys get excited, cash out to FIAT, then lose everything. XRP isn't going anywhere. It is more stable than Fiat and therefore IMO it is safer to invest in. Don't go draining your bank accounts either.! Make sure you have a good balance between your investments and you financial obligations. Savings accounts are useless. I personally would rather keep my savings invested in something that's going to earn me money. I always ensure that I have enough money in my checking to pay my bills, in my savings for emergency situations, and in my investments for growth, but nothing more than that. Should fiat crash, my losses will be minimal. Have a great day. Hope you found this informational. I should say at the end of this post that this is only my opinion and should be taken only at face value. Please trade responsibly.
I'm hoping I explained this correctly. I just don't want to you you guys get excited, cash out to FIAT, then lose everything. XRP isn't going anywhere. It is more stable than Fiat and therefore IMO it is safer to invest in. Don't go draining your bank accounts either.! Make sure you have a good balance between your investments and you financial obligations. Savings accounts are useless. I personally would rather keep my savings invested in something that's going to earn me money. I always ensure that I have enough money in my checking to pay my bills, in my savings for emergency situations, and in my investments for growth, but nothing more than that. Should fiat crash, my losses will be minimal. Have a great day. Hope you found this informational. I should say at the end of this post that this is only my opinion and should be taken only at face value. Please trade responsibly.