Purchased $250 worth of XRP at .23-.28

[opticyellow]

I can't be the only one experiencing this and I'm pulling my hair out.  I've now purchased around $250 worth of XRP, (Gatehub). Last transaction 11 days ago was $100.00, other transactions were 19-23 days ago.  All of these transactions have been while XRP was trending .23-.28 to the $1.00 USD.  Gatehub is bouncing all over the place.  This morning my balance (we are at $1.10 now as I write this!!!!) and my balance clocked in at around $540 this morning and then literally within 10 minutes went down to $440 in front of my eyes - WTF?????? Can someone please explain to me what may be going on here and if anyone else is experiencing this?  What should my balance be? 

 

I appreciate your help!! 

[EasterBunny]

Welcome to the volatility of crypto! When the price moves quickly(as it's doing now), buyers and sellers disappear and prices can swing wildly. It'll settle down in a few days, or maybe it wont. Don't be tempted to use logic and try time the market, as it's nearly impossible to predict. Best advice is to hang on for the ride.

[opticyellow]

Thank you EasterBunny, but why does my value keep dropping as the price continues to raise? At one time, and boy I wish I took a screenshot, the XRP amount was a more accurate 1140XRP, but it keeps appearing way too low.  I get price fluctuations but the actual amount of Ripple pieces should stay constant while their value fluctuates, no? 

 

 

[benstr]

opticyellow, generally you are looking at cross rates. For example, I'm using ETH to exchange for XRP. It's chart is different from looking at XRP/USD chart.

On the positive side, whenever your trading, balance shows up, hopefully it will reflect the increase in XRP. Why do I say this? well, I purchased $320 USD to ETH 5 days ago, this am it came through, and my balance was $362. This reflected the recent price increase of ETH the pass 5 days.

[opticyellow]

Hi benstr,

I was looking at my XRP/USD exchange and at the times of purchase from ETH to XRP, XRP was anywhere between .23-.28.  Gatehub is showing my my USD worth of the Ripple I own and the value doesn't seem at all accurate. Shouldn't my XRP have frown at least 4 times in worth? Sorry I'm new to this and it isn't making sense at all.