Jump to content

Recommended Posts

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.

Share this post


Link to post
Share on other sites
Guest

An exit strategy based on a number is probably the least strategic one to take, as it is purely based on emotions and psychology. I prefer to invest and exit according to fundamentals, as long as Ripple is growing, I won't be selling. 

Edited by Guest

Share this post


Link to post
Share on other sites
2 minutes ago, Niall said:

An exit strategy based on a number is probably the least strategic one to take, as it is purely based on emotions and psychology. I prefer to invest and exit according to fundamentals, as long as Ripple is growing, I won't be selling. 

Agreed...but it's so hard to tell right now it's very volitile. 

Share this post


Link to post
Share on other sites

I can afford to loose everything, i put in 3000€, but im really unemotional with the whole topic.

1st Date to think about exiting is: 22.12.2018 = Being completely tax free after 1 year holding in Germany.

2nd Date i think about it everything after 22.12.2018 and being higher than 20$.

After that, when i might buy a house or have to buy something i only can afford instantly with the Ripple money.

But actually, i can hold that pretty easy till 2030:lol:

Its more of a game for me, less getting huge money.

so HODL is pretty easy for me

Share this post


Link to post
Share on other sites
1 minute ago, ripplemaniac said:

 

But actually, i can hold that pretty easy till 2030:lol:

Its more of a game for me, less getting huge money.

so HODL is pretty easy for me

I bought long term too, but it's hard to ingore $20 a coin!  haha

Share this post


Link to post
Share on other sites

apart form a number,

I would consider -  your age, your health, your families health, your families situation, your financial situation, your housing needs or preferences, & those of your family,

just a few things, as it is not only money and the number of dollars that matters. 

 

Share this post


Link to post
Share on other sites
Guest

The way I see it... XRP had a 370x increase in 2017, while staying static in the 15-35c range for almost 7 months of the year. In 2018, even it grows at 10% of that rate, we will see a price above $100. While it does seem absurd to think we could get a 37x increase from here, you need to remember that this is still just the very beginning of a brand new asset class and technology. While I'm not saying it's probable, I'm saying it certainly is possible. 

Banks will only feel comfortable using xrp when the volatility decreases, that will happen when the market matures to its true intrinsic value. As far as those banks are concerned, I'm sure they want the price discovery and speculation phase to be as short as possible, so they can put xrp into use.  How this could be done, I don't know. But it gives xrp the possibility to have an upward trajectory not seen in any asset before.

Share this post


Link to post
Share on other sites
Just now, paym8 said:

apart form a number,

I would consider -  your age, your health, your families health, your families situation, your financial situation, your housing needs or preferences, & those of your family,

just a few things, as it is not only money and the number of dollars that matters. 

 

Agreed.  Like Ripplemaniac said, I've invested an amount I'm comfortable with (like my casino budget) if I lost it, it's no big deal, but that's not the object here haha.

Share this post


Link to post
Share on other sites

If all goes to plan, Never. Why? Because in a few years having XRP will be like having USD or Euros or Yuan or Yen or (name your fiat currency). We'll be able to buy anything (groceries, a car, a house) with XRP. And our bank accounts will be in Fiat and/or XRP, which will be part of the global monetary system. This is an end-game scenario and everything must go as planned, but it's fathomable. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...