Greetings,
XRP has lost market cap as investors and HODLers exited for more 'secure' cryptos. It has also been delisted from many exchanges. This is, of course, due to the pending lawsuits.
However, it's still on Coinbase, and I have seen some interesting price pump and dump actions, some reaching 50%! I'm now considering jumping in for a little fun and a piece of the action.
What say ye?
Peace & Love,
Adé
▶️ DTube
Gracias por esta valiosa información, saludos desde Venezuela
Saludos amigo :)
Obviously lawsuits can be trickish but like you said day trading seems the real deal, nevertheless we might have billionaires in the future made from people who chose to buy low into ripple now or not. It's Crypto, the juicier the risk the more or less chances of gaining or losing out.
True. The uncertain thing about Ripple is if they lose, it may be catastrophic... but they have big partners that are not pulling out of their partnership, which would tend to indicate that they believe then can win this thing.
Keep in mind ... a lot of that is shorts covering their selling ... I've never been interested in XRP, but if I were, I'd play it that way until the trial finishes up.
Good point. I should have gone in. Someone else I know that did made a pretty nice profit today :)
Probably not too late ... just be careful ... the period before trial will have many ups and downs. As a former professional journalist, I can tell you that there is a correlation between news and stock moves, and if you watch the news on Ripple, you might discover a pattern that can still be profitable. If it were me -- because OF COURSE I'm not giving investment advice -- but if it were me, I'd wait on good news, and then short, and wait, because the bad news IS COMING.
Here's a fellow YouTuber who broke down what is coming ... he details the things in the court documents that will be wonderful opportunity, because every time Ripple Labs pops out good news, more of this here will come out...
Thanks for the awesome non-advice ;)
You're always welcome to what I NEVER gave you ;)
Heads up ... Ripple is going to attempt to SETTLE ...
Oh this is very interesting. I wonder if they're just trying to end the xrp blodbath.
I'm sure they are ... it might work, for a little while ... but now that there is a big dip going on, we'll see what cryptos recover. Everything out there isn't as good as Hive. ;)
Yep, agree with you. That could be very much the case, depending on how the SEC case will play out. Let's see what will happen, I however leave the small amount of XRP from the very early times untouched and wait patiently. If it moons, niiiiice, if not, nothing really lost😂