Will crypto rebound?

[Julian_Williams]

6 minutes ago, Trisky said:

Figures.

Will there be a price correction in the rate coming because the scarcity at the moment? 

Thank for the info. Appreciate it.

In any other situation I would have done the same. My interest came from having valuables to trade and prepare besides a lucrative/risky investment like XRP.

And if you don't spread any risk, isn't that a bit foolish if I may ask?

That is for every investor to make up their own mind about.  My DCA is .41, so it looks as if your side are right, but my view is that Ripple's position in the ODL market will be impossible for a newcomer to dislodge (they may compete).  for me I do not see huge risk in sitting still and waiting for the tide to lift me , but I understand my view is a very minority view.

[Trisky]

26 minutes ago, Julian_Williams said:

so it looks as if your side are right, but my view is that Ripple's position in the ODL market will be impossible for a newcomer to dislodge (they may compete).

Can you explain my side or view? I am just asking questions to get a better understanding of things I believe.

 

And from your point of view, wouldn't you expect the economy to tank considerably the coming period making investing in crypto for many the last thing on their minds and more future progress could be delayed? Tanking economy means less 'value' in crypto as well? 

I am long on XRP and will not sell them but spending money on other assets seems to be the smartest advice in general? There are few people with job security or with a positive mindset because there is blood in the streets and stuff seems to be cheap.

Quote

for me I do not see huge risk in sitting still and waiting for the tide to lift me , but I understand my view is a very minority view.

I do follow you there. I am not panicking. I just want to prepare for the next one. This one took me by surprise and I have the feeling you was already sufficient prepared . Good for you.

Edited April 2, 2020 by Trisky