What if XRP is right now the lowest it will ever be?

[2ndtimearound]

I know 8 months into a bear market makes everyone think that the price will continue to fall.  However,  I make this post to kind of wake people up from their slumber.  There's a complacency that can overcome us when the price action is fairly stagnant / falling...we assume we can pick up XRP at this price at any time in the coming weeks.  In fact, why even buy now - just wait until it hits 25c again, right?  Then....let me give you a "what if?" - what if XRP is the lowest it will ever be (25c to 35c range)? How would you feel when XRP is $1 later this year...do you think you should have bought more at this price? I'm just saying....be vigilant. Realise that most people will be buying XRP when it starts moving past 50c....60c...70c...people come out of the woodwork and buy XRP at twice the price it is now.  For me, DCA is your friend here.  Even if XRP falls to 25c again, are you telling me that XRP will never get past 35c in its future? If that's true then it doesn't matter anyway....XRP has failed.  I have a very strong suspicion this bear market is nearly done.

[XRPSlovenia]

Nooooooooooooo... i bought yesterday another portion of XRP at 0,29€. I don't know how to stop!! 

[Julian_Williams]

It is impossible to predict, XRP price seems to me ludicrously low and I have spent every spare penny hoarding XRP.   If these low prices continue I will go on buying.  The other scenario is that Bitcoin crashes and drags XRP even further down and this will not be the lowest price.

We cannot judge with certainty and we should never invest more than we can afford to lose.

 

[XRPSlovenia]

1 minute ago, Julian_Williams said:

It is impossible to predict, XRP price seems to me ludicrously low and I have spent every spare penny hoarding XRP.   If these low prices continue I will go on buying.  The other scenario is that Bitcoin crashes and drags XRP even further down and this will not be the lowest price.

We cannot judge with certainty and we should never invest more than we can afford to lose.

 

Bold part is somehow for me always a riddle... it seems to me i can't decide where is my border of "i shouldn't invest again"...

[Julian_Williams]

17 minutes ago, XRPSlovenia said:

Bold part is somehow for me always a riddle... it seems to me i can't decide where is my border of "i shouldn't invest again"...

As long as you are prepared to take responsibility for your own failures the division comes where you might let others down if your plans fail, for instance your family. 

[XRPSlovenia]

5 minutes ago, Julian_Williams said:

As long as you are prepared to take responsibility for your own failures the division comes where you might let others down if your plans fail, for instance your family. 

but in this case... i don't have a family... yet  

[Vesm]

It's not. It was lower a couple of years ago  It will most likely be lower at some point far, far away in a distant future... haha

[Julian_Williams]

2 minutes ago, XRPSlovenia said:

but in this case... i don't have a family... yet  

In which case it is easy, you have to decide how much poverty can you face if it goes to nothing

[XRPSlovenia]

2 minutes ago, Julian_Williams said:

In which case it is easy, you have to decide how much poverty can you face if it goes to nothing

only bread and water suits me just fine... EOY its 589

[2ndtimearound]

5 minutes ago, Vesm said:

It's not. It was lower a couple of years ago

I have news for you. Time travels in only one direction.

[2ndtimearound]

36 minutes ago, XRPSlovenia said:

Nooooooooooooo... i bought yesterday another portion of XRP at 0,29€. I don't know how to stop!! 

You're buying low, you're doing good.  Of course, the bears will tell us it will go lower.  Doesn't matter, you're buying low (unless XRP fails).

[XRPSlovenia]

2 minutes ago, 2ndtimearound said:

You're buying low, you're doing good.  Of course, the bears will tell us it will go lower.  Doesn't matter, you're buying low (unless XRP fails).

Damn bears!! Go away!!

[vrippled]

I'm of the opinion that the bear market is more or less done

When we break .37 and stay above .375, things are going to get plenty exciting

Holding on with great anticipation

[DQA]

2 minutes ago, vrippled said:

I'm of the opinion that the bear market is more or less done

When we break .37 and stay above .375, things are going to get plenty exciting

Holding on with great anticipation

I feel it to, but then again, I've been wrong before. Nothing surprises me anymore.

[Sarnos]

I got the feeling i have been hearing this for the last 6 months if you keep repeating the same prediction at one point you may get lucky