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BarryM17

Death?

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6 minutes ago, Hound said:

Dude we had a 15x  price run prior to this dump and we are still hodling... some here would have been millionaires and some would have had seen 100k+ for the first time in their life. ?

if you don’t feel even a little bit like a ?.. you are already very very rich or just plain lying to yourself.

I get your frustration. I got into XRP in early 2017 and SHOULD have sold at the ath to get back in later, but hindsight is 20/20...

Reading your lines in this thread my advice to you would be to find some state of mind to make peace with your decision to either sell or stay. Finding and investing into ripple can be done easily and by almost everyone, who can use google. Holding and/or selling at the right time is a tough mindgame, which will separate investors in the long run.

I hope you will find a comfy spot from where you can ride this out!

Cheers and don't loose sleep mate.

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2 hours ago, BarryM17 said:

About to go on a rant here.  Sorry about that.  I'm just so troubled that I can't sleep, and thought if I blew off a little steam hear it might help me to fall asleep.

$0.36?  For real???  I've continued to buy on the way down, and typically at a price level like this I would buy more.  My cost basis is nowhere near as high as some of you, so I could cash out all and still make out okay.  But I never invested in this (currently piece of crap) to just make a few bucks.  I invested in it for moon potential.  I have other investments which provide solid gains, though not immediate moon, if you look back at when I bought some of them, they have mooned.

Imagine if I'd have invested what I've put into XRP into stocks that I knew would go up in price, and have.  I could have sold at the ATH and bought back later, but I didn't.  Shame on me.  But then I also could have sold AMZN at some point, with the same concept in mind, and then never had the chance to get back in. Thank goodness I held.  But who ever really knows?  I'ts a guessing game.  It's a risk regardless.

But $0.36?  For real???  I'm so hesitant on buying more right now. A few month's ago some user (forget his username, but as I recall he was well respected within the community & said he'd continue lurking & might buy back in one day) said he decided to take profits at $0.86.  1 or 2 days later we were at $0.96 and I remember laughing to myself that this guy was an idiot. Earlier today, @ripplewaytogo sold at (I think) $0.41, which already puts her at at 12% profit (even though her DCA is much higher - still putting her at an overall loss) - still though, good call.  Feel free to PM me anytime your hubby has any other advice.  If I'd have known I could have saved 12% and bought back lower, I would have done so.

Still though, $0.36?  For real???  Where's the liquidity to come from?

I've never sold, and have been an avid believer in Ripple/XRP from day #1.  So for me to be questioning this/being worried, is worrisome.  $0.36?  For real???

Love to hear feedback from the likes of @Hodor, @Julian_Williams, @buckor, @RegalChicken, @ReformedEquityTrader, @DanB, etc.

$0.36?  For real???

/rant.

First let me shoot you in the head so you can’t kill yourselves. 

Secondly I am a bad example as the only reason I play the danger game by clearing my holding is to reduce my DCA. If my holding isn’t down 78% I would just continue holding. Sometimes you need to put some risk in order to get the reward. Hubby has a lot more investment experiences compares to mine and he always said don’t buy on the way down rather buy on the way up. He also said when all hope seemed lost this is the time to buy. Is it now? I don’t know but 0.30 USD is the entry point he mentioned. Would I listen? Not sure but I will keep an eye on the price.

I cant even login into BTC market as the website is down. So how much in AUD are we now? $0.39 AUD?

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5 minutes ago, ripplewaytogo said:

 

I cant even login into BTC market as the website is down. So how much in AUD are we now? $0.39 AUD?

.47c AUD

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Just now, Muellhart said:

I get your frustration. I got into XRP in early 2017 and SHOULD have sold at the ath to get back in later, but hindsight is 20/20...

Reading your lines in this thread my advice to you would be to find some state of mind to make peace with your decision to either sell or stay. Finding and investing into ripple can be done easily and by almost everyone, who can use google. Holding and/or selling at the right time is a tough mindgame, which will separate investors in the long run.

I hope you will find a comfy spot from where you can ride this out!

Cheers and don't loose sleep mate.

Yeah man thanks, i’ll Hodl. I didn’t have allot of money to invest , I set aside some of my savings and invested weekly in 2017. I’am a daily wager, smelting metal in the heat and forging machinery parts is hot enough, yet knowing life sent me a gift and I didn’t take it seriously. The money would have been life changing for me and my family. But I got greedy and bought into the hype/excitement of the market. I do not blame anyone( I took out few hours each day in 2018 to study/evaluating and investing in stocks, to better understand how apply trading advice in crypto/ wycoff analysis has so far been quite revealing).

 I do feel bad that people who actively sold their positions at ATH while encouraging others to hodl- that’s just sad and depressing. I know that industry this will explode come custodian solutions. i’ll Keep an eye out for any price movement in a short few weeks that’s anyway above 1000% gain.

 

 

 

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If you look at 2017 , Ripple was struggling to get partners for XCurrent. But in 2018, they say that they sign 1 per week and confident that 50% of banks will be in RippleNet in next 5 years.

Similarly 2018 is just a start for XRapid. 2019 and 2020 will be massive for XRapid.

Ripple is doing the right things. They want the bank to get comfortable with XCurrent and slowly move them to XRapid. Also XPring will bring in other usecases for XRP.

XRP will be backed by utility which no other cryptocurrency will have. 

Lets take ppl who sold XRP at 3$+ and they think they have made a best decision.  I am going to hold my primary stack till 2022 or 2023, lets see what will be the price of XRP at that point. I am confident that they will regret for selling it for cheap at 3$.

Holding is not a right strategy always for everyone. Come up with a strategy that suits you. Say in the next bull run, just sell x% of XRP to take your initial investment out of the market and then you dont have to worry about anything. I am not sure if you read one of the post by @XRPto50dollars where he discuss the odds of you becoming a millionaire by saving money from your employment or by holding 25000 XRP.  When I invest something, I am IN for a long game, even if my investment goes 0, I really dont care.. Because the moment I invest, I assume that I spent it on something.. 

New exchanges are popping every week and institutional buyers are dragging down the market to enter in cheap.. We are still very early into this space. All the stock trading platform will integrate Crypto trading within 2 years. Then money from stock market will flow into Crypto. Still lot of investors dont find it very easy t buy and hold crypto, when it becomes as easy as holding a stock, its going to skyrocket. We are just too early into the game. 

I am 100% sure , ripple will bring in Utility for XRP through XRapid and other incentives. 

FEAR of market condition is the one reason why we dont have lot of crypto billionaries of millionaires.. Ppl who bought around 20 cents and who didnt sell at 3$ in last bull run will sell their XRP at 3$ in the next bull run in the hope to buy more when it dips and they will lose their position. You shouldnt have FEAR if you want to become a crypto millionaire. Hold for at-least 5 years..

BTW I am in RED too. But I am still buying in small QTY on a monthly basis. 

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8 minutes ago, ripplewaytogo said:

First let me shoot you in the head so you can’t kill yourselves. 

Secondly I am a bad example as the only reason I play the danger game by clearing my holding is to reduce my DCA. If my holding isn’t down 78% I would just continue holding. Sometimes you need to put some risk in order to get the reward. Hubby has a lot more investment experiences compares to mine and he always said don’t buy on the way down rather buy on the way up. He also said when all hope seemed lost this is the time to buy. Is it now? I don’t know but 0.30 USD is the entry point he mentioned. Would I listen? Not sure but I will keep an eye on the price.

I cant even login into BTC market as the website is down. So how much in AUD are we now? $0.39 AUD?

how comfortable are you by sitting in sideline with Cash? 

If XRP hits 31 cents and jump to 36 cents. I am sure, you will buy XRP at 36 cents.. so why dont you buy it at 31 cents itself? 

No one can predict the perfect bottom and perfect top. 

Say in worst case XRP might drop to 20 cents.. which is roughly 42% drop from current price..

if it jumps back to 3$, which is 750% gain.

I think its worth a risk to enter in and stay in the market. 

One thing we know for sure is, this market has lot of manipulators and they will start the bull run when no one is expecting.. Stay in the game.. Dont miss the next bull run..

 

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23 minutes ago, xrp_moonjet said:

how comfortable are you by sitting in sideline with Cash? 

If XRP hits 31 cents and jump to 36 cents. I am sure, you will buy XRP at 36 cents.. so why dont you buy it at 31 cents itself? 

No one can predict the perfect bottom and perfect top. 

Say in worst case XRP might drop to 20 cents.. which is roughly 42% drop from current price..

if it jumps back to 3$, which is 750% gain.

I think its worth a risk to enter in and stay in the market. 

One thing we know for sure is, this market has lot of manipulators and they will start the bull run when no one is expecting.. Stay in the game.. Dont miss the next bull run..

 

Not sure at this stage. FOMO has costed me dearly so I am not going to follow that route from now.  I will keep an open eye on the event in the next few days. Maybe buying gradually. Definitely going back in sometimes. If it does hit 31c then I will decide then.

One thing you need to remember. If XRP is a truly wonder coin and goes to $10 or beyond.  Then it doesn’t matter if you bought at $1 or $0.50 as at the price of $10 you will make 10 folds of your money. 

At the moment there is nothing indication price wise it’s mooning. So yes, I am shorting it.

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6 minutes ago, ripplewaytogo said:

Not sure at this stage. FOMO has costed me dearly so I am not going to follow that route from now.  I will keep an open eye on the event in the next few days. Maybe buying gradually. Definitely going back in sometimes. If it does hit 31c then I will decide then.

One thing you need to remember. If XRP is a truly wonder coin and goes to $10 or beyond.  Then it doesn’t matter if you bought at $1 or $0.50 as at the price of $10 you will make 10 folds of your money. 

At the moment there is nothing indication price wise it’s mooning. So yes, I am shorting it.

Yes definitely as of now XRP s going to follow BTC. All the best with your trading strategy, I am just going to stay in the game for next few years to come and see where it leads me..

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1 hour ago, Zerptime said:

No offense but when people like you start shorting,it might the time to buy now!

No offense taken at all:) 

Everyone is different so do what’s best for you.

I still think there is going to be life left in the XRP come end of the year. But I am wondering regarding BG statements made late last year and early this year that he indicated by March this year we should know more about XRapid, here we are in August and still nothing has come out.

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Hi Everyone,    For me, I have stopped buying and also not selling because I've reached an amount I can STILL afford to lose, very painful as it may be.  What I am doing now is rebuilding my cash position before something else blows up like losing my job or family member getting hospitalized and forcing me to sell my coins prematurely.   I think, to be safe, EOY 2019 should be target timeframe.

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New investors like us can’t afford to play it safe. We need to wing it, make gutsy decisions, invest against the market and add to your position. 

When you have $10 mill you can play it safe! 

Buy XRP today !!

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Just now, BecomeRich said:

New investors like us can’t afford to play it safe. We need to wing it, make gutsy decisions, invest against the market and add to your position. 

When you have $10 mill you can play it safe! 

Buy XRP today !!

You mean sell and buy back later cheaper?

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6 hours ago, ripplewaytogo said:

Secondly I am a bad example as the only reason I play the danger game by clearing my holding is to reduce my DCA. 

I see this a lot as a reason to continue to buy as prices drop. It’s a terrible reason to do so. Your previous purchases are sunk costs regardless of the cost basis. They should play no role in your decision to buy on the current margin. None whatsoever. 

Edited by ringer2

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The faster this damn thing implodes, the better. At the bottom, obviously, is where the institutional investors will enter. The good news is that if it keeps going at this rates, we’ll be there in no time. I’d rather the market go down quick rather than slowly bleed out for months and months more. After it happens, the market is going to get really interesting. There is no way I’m selling at a loss now. 

Edited by Deeznutz

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