Jump to content

dr_ed

Gold Member
  • Content Count

    4,427
  • Joined

  • Last visited

  • Days Won

    15

dr_ed last won the day on January 1

dr_ed had the most liked content!

9 Followers

About dr_ed

  • Rank
    Veteran

Profile Information

  • Gender
    Male
  • Interests
    Cryptos and cash-flow real estate predominate my investment portfolio. My non-investing interests include sailing and vintage powerboats, vintage cars, gardening, sustainable living.
  • Location
    Austin Texas
  • Occupation
    Dentist
  • Country
    USA

Recent Profile Visitors

1,804 profile views
  1. Up day for XRP, XTZ, VET, and TKY. Rare to have 4 move at once.
  2. I really liked the breadth of the rally today. Best day for my portfolio in a few months.
  3. I'm not a lawyer either, but the case is pretty clearly related to the general question of whether XRP is a security. If it is, the complainants have some kind of case. Not a slam dunk, but an arguable case. If XRP is clearly not a security, then Ripple is not likely to lose. That's my take. This kind of case is not uncommon with stocks that tank, leaving big investors holding the bag. Tesla has fought this kind of fight with their stockholders. But XRP is not stock...and it shouldn't be called a security either, but the truth is that it's an unknown still. If the regs come out
  4. I expect another up wave, market wide....either a fainter echo of Tuesday (bad) or a breakout on high volume (good). Any weakness mid-week is just the usual mid-week BS unless the volume picks up. So far so good.
  5. It looks more and more to me like the thing that regs are waiting for...... is the Fed...to roll out their digital dollar (probably on the pretext of preventing the next phase of financial collapse)...at which time all sort of things will be made abundantly clear, and perhaps not completely to our liking. The delay on the Ripple court case was to be expected. No surprise at all.
  6. Duck Liver Mousse! Fwiw, I never thought of XRP as an ugly duckling. More like some early autos, like the Tucker or even the Rickenbacker. Ahead of their time, and too good for the market when they came out. The competitors of the Rickenbacker managed to make people fear it because it had.........(shudder) brakes on the front wheels. Dangerous!
  7. Remember the hash wars? I really don't view this as necessarily positive for the space (although my alts are up nearly 10% today, which is nice.). It could crash back hard and take everything down with it. Just sayin'. I don't like anything about Craig Wright, regardless of whether he has the keys. The only thing he cares about with regards to crypto aopears to be his own financial interests, which doesn't exactly mesh with the Satoshi mythology. If you invented the concept of cryptocurrency, would you act against the interests of the entire crypto community the way he did in 2018? It jus
  8. I draw XTZ and VET both at 50% retracements of their recent runs. XRP at the 23.6 retracement level. I'm about ready for some green in my portfolio....
  9. I think it will happen soon or we get to test the lower edge of the channel. Monday, hopefully. Mondays are often good days.jmho.
  10. Not lost on me. I might swing back into some more XRP . Last time it pumped for about a day and then the buying pressure subsided. I stepped out, because I was trying to do my usual hedge thing, given the tendency of XRP to give back a lot. The overall scenario does look to be changing, which is what I've been hoping to see. I have to make a decision to hang in for a while though. All the trading I did this last week cost me too much.
  11. Gold spot price didn't pan out so well today either, because WWIII got postponed, and it turned into a risk-on day on Wall Street. I wouldn't read too much into it. We're all better off, even shameless crypto speculators like me. BTC will recover, I expect.
  12. I don't criticize Galgitron, because I think he always makes good points, and I greatly admire his cumudgeonly-ness ( is there a word for this?) and I like his little sailboat avatar (not a Sunfish, maybe a Laser?). An excellent piece as usual. I do think that plenty of people show up on our TA thread ready to pronounce TA "absolutely worthless" because Galgitron said so, and therefore it must be right, and so they are perfectly justified in telling me that, even though they don't know their butt from a hole in the ground. Galgitron can do what he wants and I will do what I do
  13. I give it a much better rating than the Iranian Rial, however. And there is a large Iranian diaspora, fwiw.
  14. XRP still looks pretty bullish to me. One thing is that the momentum to the downside is far less than we've seen on most dumps. The other is that as of right now, anyway, XRP is hanging on to about half the pump. The RSI is still showing oversold. Right now XRP is trying to form a bullish crossover on the 5 minute chart (not shown) and if that fails we probably do have more downside..
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.