The Ripple Thread

I amn't avidly following it- I generally get updates from Jeremy Hogan's videos on Youtube (he's a US based attorney) with occasional news articles from CoinDesk and the like.

Luckycharms_74 wrote: »

It's like any inventment, you gotta have an exit strategy and a price point your happy with. You will never sell at the top or buy at the bottom.
At the end of the day, any profit is a win.

XRP may keep going parabolic this market cycle and then could drop 70%+ before the next bear cycle, it will shake out the holders as well.

With the coin base IPO tomorrow they could relist XRP soon but no one knows

Everyone's circumstances are different, $30k might be of huge benefit to someone and they cash in but to others, they are hoping to go big or go home and cash out 6 figure sums of their holdings.

Invest what you are prepared to lose and good luck.

I'm happy to HODL for 5+ years and pray

I cashed out 7000 xrp when it hit 50c a few months back. Didnt see this coming and didnt buy in again once it got to 50c region. Will have to wait for a drop now i think.

€1.60 now :eek:

Hi,

Complete newbie here. My brother in law keeps talking to me on XRP / ripple since last oct.

There are a lot of pages here on ripple is there a simple review of what it is etc?

The only thing I know about investing is don't do it unless you understand it. And basically all investing I have no idea about so never took he plunge.

My only investing is to 1) over pay my mortgage & 2) my pension! That is all.

Should I take the plunge....

Aglomerado wrote: »

Only put in what you can afford to lose.
I'm very risk averse but I'm dipping a toe in, without risking losing my shirt!

Also don't get sucked into reddit, or youtube on the topic. There definitely are some good ones to follow out there who analyse charts and the like but plenty to avoid too.

Theman343 wrote: »

Fairly dipped there dont know why but alot of cryptocurrencies have dropped, I did buy some more just to take a chance might not be a great idea tho

People cashing out to buy Coinbase shares?

Theman343 wrote: »

Fairly dipped there dont know why but alot of cryptocurrencies have dropped, I did buy some more just to take a chance might not be a great idea tho

In the scheme of things it's a pretty small drop, this is to be expected, people might be taking some profit and others will buy the small dip, already making a recovery. There likely will be plenty of drops to come in this run yet. Still flying though, came really close to 2 dollars yesterday. It might hit it before the end of the week.

endainoz wrote: »

Also don't get sucked into reddit, or youtube on the topic. There definitely are some good ones to follow out there who analyse charts and the like but plenty to avoid too.

What are the best sources for info on these.

Luckycharms_74 wrote: »

Agree on Reddit and you tube. So much bullsh1t out there and it will lead people astray.




Some good followers on youtube. Just watch and you will get a good idea if you're happy to invest or not.

You tube:

Blockchain Backer - might be a bit too technical

TommyonXRP - he's a bit mad but good to watch

Moon Lambo - normally all the latest news daily

Credible Crypto - another good channel for updates


They might be of some help to you in making a decision.

good Luck

Have been watching bcbacker for the last few months, pretty much everything he's predicted has happened for this alt coin market. People were laughing at him when he sold his bit coin to invest in alt coins, but his gains have been huge as a result.

ToxicPaddy wrote: »

Focused on XRP doing some day trading since middle of March, up 50% so far but gonna sit back and wait for the moment.

I don't honestly believe it will go above $5 as it was just a way to raise funds for development of a product but it still has promise.

Still fun to hold a few thousand and see where it goes though. Did the same with SIA and TRX, got all cheap so nothing to lose by sitting back and watching.

All my original investment has been taken out a few times over by now so it's just a matter of waiting and see where the fun money goes.

I hope you have 50% more coins from day trading in the last month, rather than only having 50% gains in fiat value?

GreeBo wrote: »

Considering its up like 300% being 50% up in anything is bad

thats what I was getting at, if they have only increased their fiat value by 50% then it would be more accurate to say " I lost a **** ton of potential gains by day trading"

Luckycharms_74 wrote: »

I hope anyone waiting for that dip last week bought in .

And to the Bitcoin maxis who said it's going to ZERO unlucky :P

Its after breaking out of the .618 on the Fibonacci, onwards and upwards

A decent run today alright, possibly good news due from the trial today that may have caused it.

dirk_dangler wrote: »

XRP token not needed to use Ripple services
Ripple floating the idea of launching on the stock market
Why buy XPR when you could buy Ripple?
Remember the Ripple tech is what would be used if it takes off, no need for XRR

I understand you don’t like XRP the same way XRP advocates might not like Bitcoin . Each has their own merits and faults.

You are correct about ripple and banks could use ripple net and bypass XRP. But if they want to use as a bridge currency which is what XRP is proposing to do it will remove the need for banks to pre fund for cross border payments. The bridge currency of XRP makes increases its utility value and not just a store of value like Bitcoin etc.

“ RippleNet is a network of banks, payment providers and other financial institutions that uses a single application programming interface (API) to efficiently send and receive payments globally, even if the institutions do not use XRP. The network also offers On-Demand Liquidity (ODL), which uses XRP as a liquidity source to remove the need to pre-fund accounts for cross-border transactions”

endainoz wrote: »

My god your posts are insufferable

"Dirk you son of a beach, why did i not take heed to all the signs" screamed endainoz as they looked at the heavy XRP bags dragging down their entire portfolio.

I must have hit a nerve for such a response, did you buy at $3+ a few years ago and are hoping to get your money back?
Or are you a new bag holder?
Either way a moonboy.

endainoz wrote: »

Actually neither, bought all at 40c. All your posts hit nerves with people, just on this thread to antagonize and play the know it all character to give yourself some justification. It's sad really, but I have no interest in engaging with you any further. Most people just ignore you, probably the best way forward for me too.

I shall be heart broken, please, please stranger on the internet , don't ignore me

i agree

Whelo79 wrote: »

Everything he said in the post you reacted to was bang on the money though. XRP is not an integral part of Ripple.

I never said it was? I'd react to someone goading me though, even though they know nothing of what I've bought or when. It's such a waste of time engaging with trolls that just want a reaction so I'm happy to ignore them.

I know I'm in good profit, and couldn't give a flying fcuk what some sad troll thinks about it.

Luckycharms_74 wrote: »

Unlucky guys for picking the wrong horse in the race

You do know there are many, MANY, profitable projects in crypto? There's not only one "horse". If you are only invested in one (which your comment suggests) you are doing it ALL wrong.

Whelo79 wrote: »

You do know there are many, MANY, profitable projects in crypto? There's not only one "horse". If you are only invested in one (which your comment suggests) you are doing it ALL wrong.

No what I’m saying is I’m happy with my horse (XRP)
I also have plenty of other horses in the race as well .

I’m well aware of the amount of other cryptos out there and yes there will be plenty more that achieve better ROI then XRP and also plenty others that will achieve a worse ROI.

My point is I’m very happy with my entry price point and have my exit points planned out as well

This is a Ripple thread so if ppl come on to bash the XRP holders then I wish they would quantify it do it with the logical reasoning behind it

Up to now I havent seen and reasoning just some comments about ripple not needing XRP

A nice bit of upward movement the last couple of days. It broke out of the .786 fib early today and quickly dropped back in. It's trying its best to break out again. If it can break this resistance level then I think we can see $2 pretty soon and most likely a new ATH before mid-June

Also some news regarding the Ripple vs SEC case.

Ripple has hired a former US Treasurer & the SEC brings in 2 new lawyers specializing in litigation/settlements. Could this just be a coincidence

Davexirl wrote: »

Looks like I should have bought in at the dip a week or two ago, is it still worth a punt at today's price?

There may be another dip but I think once it goes past $2 then you won't see sub $2 again until the next bear market.

In my opinion, people will wake up and FOMO in once XRP hits $5.

Do whatever you feel most comfortable with.