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It's friday, something to take our minds off the market ups and downs. I'm just curious what everyone's number is...seriously. Would you cash out at $10? $20 $100? Higher? Myself, I'd have to take a long hard look at anything past the $10 mark...at least take my initial investment back and play with house money...maybe take some of that house money too. I can't see XRP getting to $100 considering how many coins are out there. Honest discussion...just seeing where everyone stands.
OK. Maybe it's the wine, but I want to pose something to the forum. I'm 42 years old. I've invested in the stock market and real estate since my late 20's. I like to feel I've made some good investments along the way. I'm responsible. I do my research. I have some winners, Johnson & Johnson, Apple, Amazon...and I've had some losers, Washington Mutual, JCPenny. But overall, between stocks and mutual funds, I feel I'm heading in the right direction for retirement. Then Crypto came into my life and rocked my world. It came on my radar (like, I'm sure most newbies here) when Bitcoin caught fire. I started reading, researching, following the Fuds and the carnival barkers on twitter, soaked in the knowledge...and then I read about Ripple. Wow. A real idea. With very smart people behind it. And now here we are. I realize there are a lot of people on here that got in for pennies. And that's awesome. I wish I was you...really. I am jealous. Fully admit it. I'm in at a dollar cost avg of about 1.19 a coin. I give you major props and respect for knowing about it and buying in. With that said, I've been seeing more and more people on social media and here on this forum acting like XRP was going to make us all rich ($100+ a coin!!!) just like all the BTC folks. There was even a post here about what to do with all the money we were going to make. Thinking like this worries and disturbs me. Maybe it's the "old school" investor in me, but lets pull up on the reins a little. I bought ripple because I believed in it as a long term investment...with real potential down the road...not a quick fix. Why are you in it? Quick buck? Hoping for $100+ in 2018? I can't be the only one who feels a little unsettled by all the talk of how XRP is going to "make us all rich"? Sure I want to make money, but as the saying goes what goes up must come down and I just hope we're not going up too quick (led by people who just want to make a quick buck) and it all comes crashing down. Please comment. I'm curious where everyone stands. I'm all in on XRP and I hope this doesn't offend anyone but I also am in on TRX as well. This post is with PEACE AND LOVE. Happy New Year everyone.