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Staigera

Is it really possible to all become wealthy, frrom XRP?

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57 minutes ago, Liminarori said:

XRP is the most popular investment in crypto. It's very rare to get rich on "having the same idea" as everyone else. Ironically, that is exactly why it'll never come to fruition..

So you are saying that it is "unlikely" that XRP reaches $40 to $100 or am i reading you wrong?

Because if so we are miles apart, XRP will come to fruition, with all the news lately, the only concern I have is how to get more fiat to buy more XRP atm.

 

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55 minutes ago, Liminarori said:

There's a ton of XRP in exchange wallets which count as one.

XRP is the most popular investment in crypto. It's very rare to get rich on "having the same idea" as everyone else. Ironically, that is exactly why it'll never come to fruition.

I mean sure, guys who hold 75K+ XRP have a valid argument. The rest of us are chasing a very unlikely pipe-dream. That's why I've also invested in some low market-cap coins for moonshot staking.

Again, this is just not true. If you know anything at all about statistics, you'd realize that the big exchange wallets would have the same holding percentages we see on the XRP ledger itself, with a very small fraction of exchange holders with above 10K XRP. 

 

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11 minutes ago, sven12345 said:

It's not has no good use case. Almost no exchanges supporting it very low volume.

 

You make the money before it hits the large exchanges young Jedi. 

It's called a Hail Mary. I'm not telling or asking you personally to invest. I believe in XRP.

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1 hour ago, Liminarori said:

There's a ton of XRP in exchange wallets which count as one.

XRP is the most popular investment in crypto. It's very rare to get rich on "having the same idea" as everyone else. Ironically, that is exactly why it'll never come to fruition.

I mean sure, guys who hold 75K+ XRP have a valid argument. The rest of us are chasing a very unlikely pipe-dream. That's why I've also invested in some low market-cap coins for moonshot staking.

I reluctantly agree here and it's why I've stuck my neck out this year and heavily invested in XRP (top 1%).  A lot of people are pipe-dreaming for $100+, but the realistic play for me is $5 to $10....and sell a big stack.  Of course, it will depend on the news.  It will depend on the utility volume and how that impacts price.  My dream scenario is where utility volume gives us solid floor prices and works like a one-way ratchet regarding price.  In that sense, all bets are off, and the pipe-dreamers may well get their dream.  However, I think in my "average case scenario"  reality.....it's going to be something like .... :-

  • $1 EOY 2018
  • $2 to $3 EOY 2019 (maybe crashing down to under $1 at some point in 2019)

In my "average case scenario", I see a lot of small holders getting bored of XRP and selling out early.  If you hold a big amount, you can see your XRP holdings as something that is making a professional salary for you.  It's going up, but it's going up slower than you think (again, being pessimistic)....but it doesn't matter that it's slow, because you see your absolute profits are moving up considerably. 

Of course, there's risk with this strategy - I'm a lot more invested in XRP than many other people, and I risk to lose more if the very worst case scenarios unfold. 

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11 minutes ago, 2ndtimearound said:

A lot of people are pipe-dreaming for $100+

Care to elaborate why you think $100+ at some point in the future is a pipe dream?

On the other hand I agree with your strategy to risk more and have a heavier stack, for incase it does stick around the $10 part but still why do you think this?

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21 minutes ago, Loki said:

You make the money before it hits the large exchanges young Jedi. 

It's called a Hail Mary. I'm not telling or asking you personally to invest. I believe in XRP.

No reason for exchanged to support a thrashcoin like that .

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9 minutes ago, Staigera said:

Care to elaborate why you think $100+ at some point in the future is a pipe dream?

On the other hand I agree with your strategy to risk more and have a heavier stack, for incase it does stick around the $10 part but still why do you think this?

Here's how I see it:-

  • the higher your target sell price, the less likely you are to reach it - just a fact.  You're going to have to hold longer in order to hit $100 per XRP than if your target is $10.  I know I'm saying obvious stuff here, but it's just logical.  What's NOT logical is human emotions and whether you can hold all the way from 33c to $100 - especially if it might take 5 years to get there and you're willing to ride the rollercoaster along the way.  Factor in that we might NEVER get to $100 with XRP.  We might NEVER get to $10.  What if it got to $12.54 ATH and then some devastating news happened that halted XRP's price rise? THAT is the risk for holding out for a higher price.  We're more likely to get to $10 than $100.  Again, obvious, but it's just weighing up the risk factor of actually achieving your target. 
  • the more XRP you have, the lower your per-XRP target needs to be so there's more chance to succeed and hit your target.  Of course, you risk to LOSE more with a bigger stack.  That's important because I think emotions will come into play if the price works against you and you're holding a big stack. 

$100 is a LONG LONG way off right now.  To get there, I believe a lot of things have to go right for Ripple, XRP and the cryptospace. 

Edited by 2ndtimearound

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1 hour ago, Loki said:

I don't know about mooning, but Casino Coin is solid, IMO. 

Read up on them. Lots of info in the alt section. 

They are cheap right now so easy if you can spare $400-$500 to buy a million, it's worth it. Not financial advice. 

I think there's no way CSC will ever go to 1. Volume is basically 0 and can only buy from 1 exchange.

In 2017 the whole gambling market was about 47 billion. One coin will never capture the whole market. It probably does have some upward potential. But I don't see what they bring new to the table.

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1 minute ago, SquaryBone said:

I think there's no way CSC will ever go to 1. Volume is basically 0 and can only buy from 1 exchange.

In 2017 the whole gambling market was about 47 billion. One coin will never capture the whole market. It probably does have some upward potential. But I don't see what they bring new to the table.

DYOR. Someone asked and I answered. I researched and liked it. It's cheap enough it doesn't affect me. I don't consider it an investment. 

If you only want the best of the best investments, you're already invested in it. My advice then is to buy more XRP.

 

 

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We are talking about things which no one knows and yet we are trying to explain it somehow... i know i know; everyone wants to be right - it's that selfish gene again (btw has anyone read that book?)... i will try to explain myself. XRP is like investing in your baby. It's in infancy and no one knows what (s)he will be. You can only hope for it to become a good asset/person and makes you proud of your decisions. In our case its money-wise. 

Even economies around the world can't predict what will Amercian presiden Trump say or do. Can you imagine forecasting his presidency? Jesus... no way :)  

 

Just my 25.000 XRP

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