Jbug81 3 Posted January 13 I'm new to crypto, really since late December 2018, but I'd still like to consider myself an early adopter! I do see this being here to stay and common technology by the time my new born is a teenager. But these early days are worrying. I bought XRP at around 0.38, and now we sit below 0.32. How low do we go here! I'm tempted to get more XRP but this slide just keeps sliding! Share this post Link to post Share on other sites
Archbob 202 Posted January 13 Depends on how low BTC takes us really. Share this post Link to post Share on other sites
XRP-JAG 1,123 Posted January 13 22 minutes ago, Jbug81 said: But these early days are worrying. I bought XRP at around 0.38, and now we sit below 0.32. Pfftt... come back when you brought in at $2.80 2 6 Baka, Dinoizzy, Yeti and 5 others reacted to this Share this post Link to post Share on other sites
Jbug81 3 Posted January 13 Hi XRP -Jag, so sorry, it's normally me who buys at peak and watches everthing thing tumble. Ironically about 12 months ago I had tried to make a purchase of GAME tokens (having read an article about it). They were worth $4-$5 at the time. I tried to sign up to an exchange and bank transfer money to pay for the tokens (my first attempted entry into the crypto world) . But my bank transfer failed and luckily the money was returned to me. I forgot about all things crypto til last month, where I saw GAME is now worthless! I would have lost it all. This time I have been seduced by XRP.bought 8000 tokens.. ... And as soon as I buy, down it goes!! 1 Cesar1810 reacted to this Share this post Link to post Share on other sites
ManBearPig 110 Posted January 13 Get your puke buckets and buy orders ready! 3 2 JamesRay, lucky, 2ndtimearound and 2 others reacted to this Share this post Link to post Share on other sites
Xrpforme 111 Posted January 13 (edited) 1 hour ago, Jbug81 said: I'm new to crypto, really since late December 2018, but I'd still like to consider myself an early adopter! I do see this being here to stay and common technology by the time my new born is a teenager. But these early days are worrying. I bought XRP at around 0.38, and now we sit below 0.32. How low do we go here! I'm tempted to get more XRP but this slide just keeps sliding! Crypto is the Wild West of investing. People here try to apply technical analysis to crypto, buying “undervalued”, etc. What is undervalued? My opinion is that almost everything is overvalued because it’s worth 0. If you’ve done your homework, the first thing you did right was buy XRP. We, as investors, have one basis to buy- fundamental use case. Nothing else in crypto applies as you would evaluate a stock. You bought well. .38 is a good entry point. Remember this even if it dives to .2 or less. The entire crypto market is manipulated and controlled. Do not get rattled by the day to day volatility(especially downward). My best advice: 1) Don’t panic sell because it goes down 2) Dont chase other garbage just because it’s going up. It’s being pumped on speculation with no fundamental foundation. The people making it go up are trying to get a following so they can sell at a higher price later and leave the late comers holding the bag 3) only sell if you think XRP fundamentals change to the Downside. Right now it is the only crypto asset that has real use case and momentum on utilization. 4) don’t spend anything u can’t lose. I believe we won’t lose but u also may need to tie up $ for awhile. Xrp will show true value when it’s intended purpose gets realized. Ie. bank and corporate applications. Remember we are here for the ride and not the priority of Ripple. We just get the benefit for being early adopters. Edited January 13 by Xrpforme 10 Cesar1810, 2ndtimearound, madToo and 7 others reacted to this Share this post Link to post Share on other sites
Helmsdeep 119 Posted January 14 (edited) With Bitcoin on its way to nothing over the next couple of years it's hard to say what will happen to xrp . Flip a coin Edited January 14 by Helmsdeep Share this post Link to post Share on other sites
AlibabaGrp 682 Posted January 14 (edited) 24c is bottom, if it goes below that, it'll be a wick, it'll be a fast drop to 18c then back to 24+c Edited January 14 by AlibabaGrp Share this post Link to post Share on other sites
BluKoo 3,333 Posted January 14 16 minutes ago, AlibabaGrp said: 24c is bottom, if it goes below that, it'll be a wick, it'll be a fast drop to 18c then back to 24+c It's been a rising bottom all year. I don't think it'll go any lower than 28c 2 1 Cesar1810, Yodaxrp and Inequivalent reacted to this Share this post Link to post Share on other sites
RandyMarsh 49 Posted January 14 1 hour ago, AlibabaGrp said: 24c is bottom, if it goes below that, it'll be a wick, it'll be a fast drop to 18c then back to 24+c This is a joke, right? I'm concerned new people may not know you are being sarcastic - playing on the fact that no one has a sweet-azz clue where the price will go from here. Share this post Link to post Share on other sites
AlibabaGrp 682 Posted January 14 (edited) 25 minutes ago, RandyMarsh said: This is a joke, right? I'm concerned new people may not know you are being sarcastic - playing on the fact that no one has a sweet-azz clue where the price will go from here. No I'm not being sarcastic 1- 24c is indeed the bottom because we've visited it in 2018 bear market. I didn't say xrp is dropping to that level again for sure, but anything is possible, even if it's a 20% probability 2- I said 24c is bottom because there's a strong support there and was visited once 3- technically, we have not seen capitulation for Bitcoin yet 4- xrp follows the rest of the market Edited January 14 by AlibabaGrp 3 Zerpple, coastal and Inequivalent reacted to this Share this post Link to post Share on other sites
orcablue 507 Posted January 14 @Jbug81 Some people actually bought in at over $1 and still HODLing till today. Profit/loss is only determined at the point of sale. So to avoid making a loss, don't sell at 32c 2 Dinoizzy and lucky reacted to this Share this post Link to post Share on other sites
2ndtimearound 5,178 Posted January 14 My tip is to pay less attention to your investments. Set price alerts which means you have zero excuses to check the price. There is no need to check the price and you will find it is a good thing to keep a distance between your daily focus and your investments. There’s no need for that unless you are a (truly) professional day trader. Secure your XRP in cold storage, set price alerts and forget about XRP. 6 Xrpforme, Keyboardwealth, ManBearPig and 3 others reacted to this Share this post Link to post Share on other sites
Dinoizzy 1,044 Posted January 14 1 hour ago, 2ndtimearound said: My tip is to pay less attention to your investments. Set price alerts which means you have zero excuses to check the price. There is no need to check the price and you will find it is a good thing to keep a distance between your daily focus and your investments. There’s no need for that unless you are a (truly) professional day trader. Secure your XRP in cold storage, set price alerts and forget about XRP. Thats getting easier to do over time, as it feels to me like anything happening to send us 1$+ is a long way off yet. Share this post Link to post Share on other sites
djdhrubs 2,417 Posted January 14 10 hours ago, AlibabaGrp said: 24c is bottom, if it goes below that, it'll be a wick, it'll be a fast drop to 18c then back to 24+c 8 hours ago, AlibabaGrp said: No I'm not being sarcastic 1- 24c is indeed the bottom because we've visited it in 2018 bear market. I didn't say xrp is dropping to that level again for sure, but anything is possible, even if it's a 20% probability 2- I said 24c is bottom because there's a strong support there and was visited once 3- technically, we have not seen capitulation for Bitcoin yet 4- xrp follows the rest of the market Agree with this, hopefully as worst case scenario and if bitcoin goes to low 2k's. If bitcoin goes lower, then we'll go even lower. Share this post Link to post Share on other sites
