XRP - Ripple

redsfann

redsfann

ale connoisseur
Forum Member
Aug 3, 1999
9,025
232
63
60
Somewhere in Corn Country
WAY too many XRP in circulation for this coin to ever get and stay above .30. Huge market cap however and you can make some decent coin buying at .18 and selling at .25.


Sent from my iPhone using Tapatalk
 
BobbyBlueChip

BobbyBlueChip

Trustee
Forum Member
Dec 27, 2000
20,683
265
83
53
Belly of the Beast
https://www.coindesk.com/techcrunch-founder-arrington-raising-100-million-ripple-hedge-fund/

?One of the most notable issues, he said, is how such hedge funds typically take investments in fiat currencies, only to have to then invest bitcoin or ether in a new cryptocurrency launch.

"We think XRP is a particularly useful currency because of the transaction times," he said. "I think it makes a lot of sense to denominate a hedge fund in a cryptocurrency, the only downside is [potential] volatility against fiat." ?
 
BobbyBlueChip

BobbyBlueChip

Trustee
Forum Member
Dec 27, 2000
20,683
265
83
53
Belly of the Beast
One more double and things will get interesting.

5c2e612a192a027db54c9981e7467691.jpg



Sent from my iPhone using Tapatalk
 
Jaxx

Jaxx

Go Pokes!
Forum Member
Jan 5, 2003
7,084
88
48
FL
Been talking profits on XRP. Sold 25% at $1 and other 25% at $2 another 15% at 2.60
Bought at 0.008cents currently $2.60 325x 32,500%? Is that right?
This is the first coin Woodson suggest I buy 15 months ago. Wished I had bought more but was feeling my way in to the Altcoin world. I thought 30,000 was enough. I cannot Thank Woodson enough showing me the way! Very kind gentleman he is!

:00hour

Duff this is a little more than 20%

:mj07:
 
BobbyBlueChip

BobbyBlueChip

Trustee
Forum Member
Dec 27, 2000
20,683
265
83
53
Belly of the Beast
Jaxx said:
Been talking profits on XRP. Sold 25% at $1 and other 25% at $2 another 15% at 2.60
Bought at 0.008cents currently $2.60 325x 32,500%? Is that right?
This is the first coin Woodson suggest I buy 15 months ago. Wished I had bought more but was feeling my way in to the Altcoin world. I thought 30,000 was enough. I cannot Thank Woodson enough showing me the way! Very kind gentleman he is!

:00hour

Duff this is a little more than 20%

:mj07:
Click to expand...

My first coin, too. My first FOMO. And my first loser (sold a little at a loss in September to get btc). Upside in the near term (1st qtr) doesn?t seem to be more than 3x so I?m propbably going to be selling about 25% but this is my favorite coin and the most long term (3 year) potential.
 
B

Bombs

Registered User
Forum Member
Jan 29, 2003
2,416
161
63
47
Earth
BobbyBlueChip said:
My first coin, too. My first FOMO. And my first loser (sold a little at a loss in September to get btc). Upside in the near term (1st qtr) doesn?t seem to be more than 3x so I?m propbably going to be selling about 25% but this is my favorite coin and the most long term (3 year) potential.
Click to expand...

not a huge fan of the 3 year potential. its not meant to be a store of value. super high supply and can be bank deflated at any time. when btc moves it will get rekt just like in the fall.

this is all related to potential coinbase listing.

there are wildly conflicting viewpoints on XRP tho, so grain of salt there.
 
B

Bombs

Registered User
Forum Member
Jan 29, 2003
2,416
161
63
47
Earth
With that being said its been a killer for everyone who held it from Jan 1 of this year! So many rocket ships.
 
BobbyBlueChip

BobbyBlueChip

Trustee
Forum Member
Dec 27, 2000
20,683
265
83
53
Belly of the Beast
Bombs said:
there are wildly conflicting viewpoints on XRP tho, so grain of salt there.
Click to expand...

Not a community-backed coin for sure. I probably wouldn't be invested in it if I looked for it instead of Woody bringing it to the forum. I disagree with just about everything you said - lol.

I think any portfolio should have some XRP as it is the establishment's coin, but it's about capped out here. . . I think.
 
You must log in or register to reply here.
Bet on MyBookie
Top