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Eric123

Epic Pennant on BTC Chart

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1 hour ago, Eric123 said:

Could you ask for a better set up than the XRP chart.  Does anyone think this is not ready to explode???

 

 

I am amazed it hasn't burst a while ago, but it suited me to go on accumulating.  I have now thrown every bit of spare cash I have at it and I'm waiting! 

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12 hours ago, XRPboi said:

I've watched coins like ETH run from $2 to $1,200 (and stabilize around $300), with very little institutional usage or adoption. It really makes me wonder how XRP is still under .50, as well as question why future demand/price increases "must be slow & gradual"

well XRP was 0.001 or even lower , it s not 0.47$

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7 hours ago, Eric123 said:

Could you ask for a better set up than the XRP chart.  Does anyone think this is not ready to explode???

Could you explain what shows that this is ready to explode? Not to question it, I think it will. But mine is more on 'I believe it will'. Is it the EMA's crossing eachother or do you see something in the price pattern? Trying to learn.

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Since it will be a price run that is based on speculation/bitcoin (opposed to actual utility), it is safe to think it is a good idea to sell off a portion when we top our previous ATH, right?

I'd hate myself if I held through the next run without selling any (like in Dec 2017), only to see the price crash back down again for 2-3 years.

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7 minutes ago, XRPboi said:

Since it will be a price run that is based on speculation/bitcoin (opposed to actual utility), it is safe to think it is a good idea to sell off a portion when we top our previous ATH, right?

I'd hate myself if I held through the next run without selling any (like in Dec 2017), only to see the price crash back down again for 2-3 years.

I wouldn't presume to tell anyone where to exit. However, you should decide ahead of time.

It's never wrong to take profits. But this would be a good one to just take enough profits to cover your cost basis and let the rest ride. I expect we will get substantially higher than the previous ATH over the medium (2-3 year) time frame. Jmho, not advice.

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56 minutes ago, XRPboi said:

Since it will be a price run that is based on speculation/bitcoin (opposed to actual utility), it is safe to think it is a good idea to sell off a portion when we top our previous ATH, right?

I'd hate myself if I held through the next run without selling any (like in Dec 2017), only to see the price crash back down again for 2-3 years.

If

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20 minutes ago, invest2lose said:

Lots of speculation that this run could be a major bull trap or the run to 50k. Which will it be?

I think we aren't quite past the danger zone for a retrace. I'd like to see us close and hold above the last big resistance that lies just above where we are now around BTC $11.6-ish. Once we clear that with no sell-off, the sky is basically the limit for BTC imho, until we approach the ATH, which will be another danger zone.

We could sell off anytime though,  if the whales decide to make it happen.  Of course. Always. Until further notice.

A hard sell-off should be bought, imho. Nothing can stop the Duke of Earl...er, Bitcoin. Not right now.

Edited by dr_ed

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