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7Sol

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  1. Thanks for the feedback. I do not have any time frame in mind. 0.40 USD is the top of the next leg up. Quite interesting move today, not only XRP leads, at this hours, in price increase, but started to move a good two hours before Bitcoin and major coins followed suit. I rekon most on this forum are aware of MicroStrategy converting their entire treasury into Bitcoin, 250 million USD worth. I expect the economy to strengthen while cash seeks refuge assets.
  2. Once and a while I get the urge to post a price prediction. Perhaps just for the sake to keep track of those times when something keeps telling me something is going to happen. Somehow every time I felt compelled to post here, price have followed suit. My first "notorious" win / fail was to "predict" the 3.4 USD top 15 days in advance. Since it didn't go to 4.00, I did not sell! Kind reminder to be a bit flexible. To which I got the following reply: Man did teddybear nail it! Without further ado, call it a hunch or non-linear thinking, the trade target this
  3. Around last september, tired of XRP slow draft, I started selling most of my XRP as price was moving up. I ended getting at an average of 0.26. It was an eye opener to watch price go up with little XRP at hand. I also got the strong sense of missing on something of importance as if I had jumped ship. I sold because I started wondering if I had just gotten addicted to the idea XRP would rekindle with the massive moves of yesteryear. I watched the price go up, confident it would go down, yet relieved when in end of November XRP started going down again. Bitcoin started going down too
  4. XRP Futures already existed on Bitmex. Part of the answer to the question lays in observing trading on BTC and ETH "perpetual contract", a derivative based on an index of actual prices on the exchange. Volume on XBTUSD contract, (2 to 14 Billion dollars a day) outshines any other venue that I am aware of. The overall leverage of traders is in the 10% range, 100x is allowed vs. 75x on Binance. 10% leverage would mean with XRPUSD at 0.20 USD a move to 0.22 USD would wipe out the shorter. It is customary on the XBTUSD contract for sudden 100 millions to 250 millions to shove t
  5. I love the idea of asking people to match the donation. I had considered the idea of giving away to a few friends when XRP reached its highs. Matching donation incites to vote using disposable income. What if the road to 100K goes through 10K, 4K, 20K, 12K, 40K, 18K, 35K, 12K, 50K ... How do you anticipate one can handle losing 28K in potential appreciation?
  6. Reading answers in this thread, I've come to wonder if the best time to communicate about cryptos is during market declines or near bottom right now. By bottom, I mean even if BTC goes back towards 6000, that would be good positioning to enter.
  7. For me it's a bit of a "no brainer" as from the technical viewpoint XRP as many other cryptos aare a database secured by many parties. People like to use the word "decentralized". I view it as a vault for knowledge very difficult to tamper with. From the financial side, cryptos implement triple entry accounting, that is transactions are instant reconciled. A transaction is equivalent to a debit a credit and a receipt. There is zero benefit in auditing XRP, BTC and other transactions compared to a bank account where accountants have to verify transactions and balance do square up and add up.
  8. Great. Did you turn into the local crypto guy?? What do you think made them believe it was a good idea to invest?
  9. Did you convey anything about you having no idea when a good entry point be? I have a friend I told about cryptos a year or so ago who suddenly decided last march to invest 5000 fiat. I told her about the possibility to buy in the top 10 coins. She decided that she only wanted the three top coins. So here you have it, someone owns some XRP and has only a faint idea of what it is. I did advise, yes, now I mean advise in an active manner, for that kind of money buying a hardware wallet would be the best way to secure her future investment.
  10. I had no idea the word inspire could describe an active action. Inspiring is for me a 100% passive phenomena. I am surprised at how curious people get when I explain what cryptos are meant to accomplish. I feel I owe my fellow human beings to disclose the shift and impact cryptocurrencies are engineered to exert upon society. For the same reason, when I short XRPBTC, I feel indebted to the community to disclose I am taking wealth out of the common stach. I view XRP going up 10x a 50/50 proposition. I am therefore increasing my equity, taking it out of the common wealth of society
  11. I like to convey the potential future I see in cryptocurrencies. If someone asks me how to buy cryptocurrencies, I explain the risk.
  12. My girlfriend decided to invest into BTC it was 800 ... She recouped her original investment when it went up. The rest is litteraly free money.
  13. Did she mention any point that convinced her to go ahead and invest?
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