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jamie998

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  1. This is the mistake many make. Ultimately it is not how much of something you have that matters. What matters is percentages. If you have 1000 things at $1 each and it goes up by 10% you have $1100. If you have 1 thing at $1000 and it goes up by 10% you have $1100. Percentages are king. That being said, I believe you are right to think the 'potential' for higher gains in percentage terms favours XRP rather than BTC at the minute. This is something that will play in our favour as new money fomos in. They will fall into the trap of thinking that having 1000 XRP is better than a fraction of a BTC and this will only serve to drive the price up for the rest of us to hopefully benefit🤷‍♂️
  2. Always the way. I've been invested in this game for years now and there are always the same nob heads flapping their gums about 'yeah, price goes down I can fill my bags'...yada yada yada.... I wish they would all bore off. If they were going to 'fill their bags' why didn't they do it when the price was low? Talking shite. There is only one direction I want the price to go and that is up...preferably in an exponential growth curve, the same as any sane bag holder would!
  3. Oh I still believe the SEC will lose eventually and XRP will subsequently boom. I just think that folks in general are expecting a magical resolution on the 22nd with a moon trip on the 23rd - nutters. When the moon trip gets officially postponed until 'the next court date' a lot of weak hands will sell their tickets!! I am primed to try and sell into this and buy back after - I may get burnt, I usually do🤦‍♂️
  4. The whole market is booming, 1.4T now. XRP is benefitting from the general market sentiment rather than specific sentiment towards XRP. When I moved all my XRP to an exchange for the WSB PnD I left it there. I am expecting a crash on 22 Feb and my finger is ready to pull the proverbial trigger. I dont expect a resolution on the 22nd but the market is emotional and the fact that there isn't one will send folks running for the hills 🤷‍♂️ Baffles me why people behave like this, its clear as day that it will only be a preliminary hearing!
  5. Looks like you got that prediction wrong😉 I'm still baffled why people are expecting BTC to act the way it has in previous cycles, there will be no more massive crashes anymore...$40k to $25k - %40 nearly...nuts. It's no longer retail driving this. The spikes will still be big due to supply/demand but the crashes will get smaller and smaller over time. I just don't see situations like the Jan 2018 crash happening anymore, not for BTC at least.
  6. I find it strange why people refer to old trading cycles. The source of the mo ey was different to what it is. I can see fomo from retail buyers causing the crap coins to follow the cycle but not the big dogs. Institutional money is moving into that space now and they will not behave like emotional, weak handed retail investors. I think the days of boom and bust for BTC and ETH are done with now. They will just keep going on with some small scale (when compared proportionally to past performance) corrections along the way. Alt coins. Bandit season is still open, although I think this cycle will see the death of a lot of the coins lacking a reason to exist🤷‍♂️
  7. My issue with this is, the nob cheese dripping about losing all his money in the OP on GME states his money was 'stolen'. What a load of tripe. Fundamentally, selling stocks, crypto etc is transferring your bag to someone else. Someone is always holding the bag and in return YOU have taken THEIR money. In this instance he is on the opposite side of that transaction and he does not like that. When we all sell our crypto, we are looking for that person/entity willing to give us the value we want for our bag. They then take up the mantle of holding the bag until they in return find someone else willing to repeat the cycle, and so on. Fundamentally it is always a transfer of someone's wealth to you, so you are potentially taking someone's hard earned money. Now this lizard isn't happy because he was foolish and gave his wealth to someone else, yet it would have been ok for someone else to give their wealth to him? Get a grip. He screwed up, no-one marched to an Internet terminal and held a gun to his head. He freely did this and I have no sympathy. Any idiot can see that buying GME at $300+ was nuts.
  8. I disagree slightly with you there. Yes it does behave vastly different to Stocks, but that is not due to social media, it is down to who is actually pushing money in/out of crypto. Up until the last few months this has been dominated by the average layperson speculating in a highly volatile market in the hopes of striking rich. They are highly emotional and are like a flock of birds startled at the slightest thing - social media is the medium which 'startles them'. Yes it plays a part, but it is the type of investor as to why the market behaves differently. When the market is dominated by corporate money it will be a very different space, far less volatile, a lot more predictable. Until this happens, I find TA doesn't really have much value.
  9. OK, and if retail are locked out of it, hd are bag holders going to sell and benefit from this?🤔
  10. Are they long, or is it more a case of there is simply not enough liquidity/buyers to dump such quantities on other than at the slow drip feed they have been doing? I'd say its more a case of they were dumping as much as they could get away with and not collapse the market🤔
  11. Well it would seem I was 'right'😉 This pump was a load of shite, I knew it would be hence I moved all of my holdings to an exchange last night to sell. The first time they have moved off my ledger in just over 4 years. My only mistake was that I drank a bit of the kool aid and thought the pump would take us into the $1 -$2 dollar range. Only reaching $0.75 caught me flat footed and as I expected, all the exchanges had crashed. I even planned for the exchanges crashing by putting in automatic sell orders, alas, I misjudged and set them too high so none were fulfilled. Back to the 0.2 to 0.3 range. The window is too small now for me to gamble - I got burnt in 2017 playing that game so I'm probably over cautious. Oh well, live and learn, back to hodling! The only thing that will save this is a favourable outcome with the SEC. Good job XRP is only 20% of my holdings by current value.
  12. Support.....where......🧐 The only support is around 0.3. Everything else is a consequence of this WSB shite. Why people try and look to TA is beyond me. Trying to apply rational thought processes to an irrational situation is bonkers🤷‍♂️
  13. Funny you that, I was just on the blower to my mucka about this and I said that I think we'll drop back down to 04-0.5. So its a case of pick a sell point and then iron hands all the way back down, ignoring any dead cat bounces🤷‍♂️
  14. There are always permanent increases🤦‍♂️ If there weren't then BTC would be around zero like when it was created. I'm not going to get into how it works, cba. Congrats, you did make me chuckle when you slung 'kid' my way. Hopefully we see $2+ and I should be able to cream enough to start paying tradesmen to build my house rather than the slow laborious route of doing it myself!
  15. Oh I intend to. If you could explain to me what positive news has been announced to explain the price action then I'm all ears 👌
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