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About ringer2

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  1. Oh jeez. Obviously I was just ballparking a number. Don’t read so much into it. My point was that the vast majority on here in 2017/18 and into 2019 were acting like XRP and ripple were a guaranteed success. I had been arguing there was no guarantee and got vilified for it for years. Hmmm.
  2. I’ve been saying for over two years now that what ripple is trying to do is so complex and difficult that the assumptions on this board that it was essentially a done deal success story were very misguided and naive. It’s hard. They may not succeed. In fact, it’s less than an 50% chance IMO.
  3. The whole market was pumping, not just XRP. If anything, it was the approval for bank custodianship.
  4. If you are not an experienced trader, forget it. You have been warned.
  5. That’s good and I’m not recommending you don’t do what you planned. My point is that any future purchase of an investment must be made based solely on the predicted return on THAT purchase, not because it brings down the cost basis of past investments.
  6. Future investments have absolutely zero impact on the return of past investments. It completely ignores sunk and marginal costs.
  7. There isn’t going to be a “reset”. The idea is a preposterous urban legend.
  8. You may be right, but then how do you make similar judgments on the group of people you label as privileged or wealthy?
  9. How many times can we be fooled by “exciting new partnership” before we start to feel the boy is crying wolf?
  10. What a weird thing for her to say. What could possibly be gained by “an element of surprise”?
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