https://www.reuters.com/article/us-m...siness+News%29
good news for XRP maybe something here for you guys holding on.
https://www.reuters.com/article/us-m...siness+News%29
good news for XRP maybe something here for you guys holding on.
Thanos was the hero
That's what they need, somebody to start using the coin to prove it's worth. Of course it could prove otherwise but that's the gamble.
And their numbers may be off. They say xrp is worth $13 and it's not even close
2015 Yellowfin 21 with 2014 Yamaha SHO 250
I was hoping it was going to drop some so I could throw some more money into it cheaply, but with the way it's dropping, I'm hoping there is a bottom somewhere.
Yea. I keep seeing people saying they are buying the dip. Those that bought yesterday lost even more. I'm waiting till I know it's at the bottom. Even if you buy after the bottom a little your still good. I know my stuff is starting to really bleed now so I'm riding it into the ditch or back up the mountain.
Bottom? What is the bottom and how do you know when price is at a bottom. Buying bottoms have left many investors and traders broke.
Bottoms are only known in the past. And the only guaranteed bottom is ZERO, unless your on margin, or borrowed money with a loan or credit card, then not even Zero is a bottom for you because you have to keep paying back the money plus interest.
There's an old saying in the trading world. " Don't keep throwing good money after bad " There's a difference in averaging down costs on a real company and averaging down costs on a speculative trade.
Now I am by no means saying any of these cryptos are going to zero. Although I believe many will. I don't know what these things will do one day to the next. At this point, up 1000% or down 100% wouldn't surprise me.
But what's important, is that I know what I don't know.
Thanos was the hero
Exactly, bottoms are known in the past. Wait until you know it's bottomed out and catch it on the climb. If I buy at $800 on the fall trying to guess the bottom I will lose, if I buy at $800 on the climb I atleast have a better chance of it continuing the climb as long as it wasn't a huge drop below $800. Either way is a gamble.
The point is you can not know if it's "bottomed out." No one can. You can't look on a chart and see that it's hit a dip, and started going back up for a while and say "that was the bottom" time to buy, because it could immediately change directions and go down even further. For example, ether went down and then rallied $300 from $800 to $1100. MANY people looked back and said "that was the bottom" and bought. Guess what, it turned again and here we are.
Your $800 buy on the "climb" is just as likely to lose as the $800 buy going down. Keep doing it and you'll find out.
Ive been playing the short game today....745 bought sold 915 etc.
I'm going to say we will have on slight dip after this good run up and that will start everything in the right direction. Let's see if I'm right.