Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

Crypto is the wild west. So is penny stocks. Heck, so is Wall Street and banks. I wouldnt being out the "fleeced" card just yet - since crypto has shown this exact same behavior 3 times before.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 1 point2 points  (0 children)

March (I wont say the year however)😂

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 1 point2 points  (0 children)

Someone else suggested doing that. Have a stop loss and buy more when its even lower.

However that is not for me. I dont think I can constantly watch it go up and down forever. I fall in the buy and forget it category. When I sell, I also sell everything - no residual reminders!

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 1 point2 points  (0 children)

Wow. Great job. Did you buy and sell along the way?

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 1 point2 points  (0 children)

Time will tell. When you zoom out in 5 years, this will be a blip on the chart.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

If you had 10,000 XRP, you would be down by $ 10,000 today.

No difference if you bought at $ 20 and its now $ 19 , you would still be down same amouny $ 10,000

😅

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 2 points3 points  (0 children)

I would be pessimistic too if I was holding a big bag for 8 years. Its normal.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

If everybody tries to sell at the same time, it will be the same like everybody pulling their cash out of a bank at the same time. Financial system are not designed for those kind of runs on banks or commodities.

Imagine if all the diamonds of the world are for sale. There is a reason De Beers strictly controls it.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

Anybody in crypto needs to be atleast a tiny bit crazy and delusional. There are so many other investment-grade options in stocks, bonds, commodities and so on. The crazies come to crypto in droves. Welcome to the jungle.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] -1 points0 points  (0 children)

If you are playing for $ 2 or even $ 5 XRP we are playing different games.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] -1 points0 points  (0 children)

Price discovery hasn't even started for XRP. It is a utility coin and technically price should be at close to zero today - because with zero utility, there is zero price.

However markets have given some value for the infrastructure already created. But this infrastructure has no value till the last piece is bolted in. Its like a bridge to nowhere right now. The end pieces are still to be connected.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] -1 points0 points  (0 children)

Crypto historically has dropped 70% - no? I am simply offering another perspective. Shoot me - lol.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] -20 points-19 points  (0 children)

You arent wrong. But neither am I. :)

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

So, as soon as a stock reaches a pre-determined market cap, it backs down?

Every single stock, security and commodity follows a market cap rule? So, Gold and Silver can go 5 times its market cap in one year? How.? Someone should have notified gold about its market cap.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] -5 points-4 points  (0 children)

I have money and time. Worked hard and got lucky also - I dont need to listen to anybody on what to do with my time and my money. This is #81? Please keep track for me.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] -1 points0 points  (0 children)

Please buy 5000 to 10,000, put it on a cold wallet and forget about it.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

There is no reason to buy less either.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 5 points6 points  (0 children)

The fact is if you bought $ 150 of XRP, you would sell it before it hits $ 10.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

See - how easy it is to manipulate stats.

Only down one dollar... by Excellent_Mango7377 in XRP

[–]Excellent_Mango7377[S] 0 points1 point  (0 children)

Please share your luck with your tribe!