Jump to content

xrp_sea

Member
  • Content Count

    92
  • Joined

  • Last visited

  1. xrp_sea

    I’m out!!

    This is an opinion board. Don’t get your panties in a bunch.
  2. There’s been a lot of research done on day trading and it all indicates that it doesn’t work over the long-term, unless you’re trading with information that you’re not supposed to have. You may think you’re making money, but have you really taken into account all of the associated costs? How about the lost opportunity costs associated with missing out on big gains because you’re constantly moving in and out? Transaction costs? Your time cost?
  3. Day trading is a zero sum game. The big gains will go to the hodlers. With day trading you might find a strategy that works for a while, but it will eventually backfire on you.
  4. xrp_sea

    It's Happening?

    What is it exactly that you think is happening? The recent bounce appears to be correlated to the R3/Swift/XRP news. Although there doesn't seem to be anything concrete there. I think its just speculation based on "maybe's" and "what-if's." So, don't be surprised if we're back at $0.27 in the next few days.
  5. A lot of us on here feel your pain. But remember it's only a loss if you decide to sell it. How would you feel if you sold now and then the price jumped to $10 next month?
  6. xrp_sea

    I’m out!!

    I said at least $5.... Besides, if I make a killing I'm not going to **** it away on a lambo, I'm buying real estate.
  7. xrp_sea

    I’m out!!

    I'm confident XRP will be at least at $5 within the next few years. But you have to be patient though. The market is oversold and the sentiment is very negative now.
  8. xrp_sea

    I’m out!!

    Really?...because I seems to remember them back when BTC was at $100.
  9. xrp_sea

    I’m out!!

    When I see comments like this I tend to think we're near the bottom.
  10. xrp_sea

    When rich ?

    Unfortunately, this market still feels biased to the downside. It think the sun is setting on the $0.30's. We haven't seen the bottom yet.
  11. Silver is a precious metal that is well-known and has been traded for 1000’s of years. And there’s probably not a whole lot of innovation going on in the silver market either. I’m not sure that it’s the best model for how crypto prices are going to behave.
  12. xrp_sea

    When rich ?

    It will probably happen when we least expect it. I first bought BTC in 2013. It seemed like it spent forever in the low 100's. The price spikes tend to be sudden and impossible to predict. Just hold onto it and check the price only once per day. I know its hard to do, but obsessing about it doesn't help and its non-productive.
  13. The real price of any asset is simply what people are willing to pay for it. Nothing more and nothing less. One can conjure up all the data, analysis, and charts imaginable that show an asset is worth x dollars, but if the market isn't willing to pay that amount you're wrong.
  14. If the 25K investment was only a small percentage of your overall wealth, then yes it's a good speculative investment. Obviously, we're all big fans of XRP or we wouldn't be on here, except for a few trolls. It's hard for me to tell you if its a good plan without knowing your overall financial picture along with your appetite for risk. I wish you the best of luck and hopefully you'll make it big and have a great retirement!
  15. Interesting, thanks! But seems like it would show other exchanges involved with xrapid like Bittrex, Coins.ph and Bitso. Maybe they aren't operational with x-rapid yet.
×