My experience with XRP / how to be determined in a HOLD investment.

My trading experience is over 10 years. I traded on Stock Market, WTI Oil, Forex. About 2 years ago, I'm trading on Crypto Market. In May 2017, XRP had a huge increase from 0.04USD to 0.42USD. Subsequently, a strong correction began. That was the moment when we noticed that XRP is a good currency to buy if it drops by at least 50%.

Initially, we did not investigate the company's fundamental data. I bought XRP / USD on different price levels. Buying in steps in small quantities. The average price I bought was 0.178USD. As a technical analyst, I started posting technical analyzes on a dedicated XRP forum. In June, I started my own research on XRP. The conclusion of this research: Ripple is a solid company, and the developer team is the best of the Crypto Market. At that time, more than 50 banks tested Ripple's cross-border transfer technology.

I decided to allocate 50% of my portfolio to XRP. The target price set for that time was 1usd. At 1 usd, they would sell 70% of the XRP coins, and the remaining 30% would be HOLD for 3 or 5 years.

The amount of FUD posted on the forum we were running was quite high. The fact that Ripple was working with the banks, irritated many people. There were also many "prisoners" who bought expensive and they made the negative atmosphere on the forum.

Between June and November, the XRP / USD moved within the range of 0.15-0.30USD. As time passes, prisoners who bought expensive were increasingly frustrated. Their replies: XRP will never be 0.30usd, XRP is a shit, the Ripple development team does not do the job. Negative comments on emotional basis.

But I was more and more convinced that XRP / USD will break the resistance from 0.30usd and will climb to 0.80-1usd. The technical analysis told me that the upward move would soon come. But I could not determine the moment when the upward movement would appear. Still, I was thinking that a move up could come after the Escrow blockade of 55 billion coins. In the first week of December, many frustrated sold XRP. Some of them began to accuse me of mistaking people for my technical analysis. Of course I kept my position and told them I would only sell at 1usd or over 5 years.

In the second week of December, the Escrow blockade of the 55 billion coins was announced. From that moment on, the upward movement that I anticipated in my technical analysis began. The price reached 1 usd, and I did not sell because TA told me that the price would go even higher. Today the XRP / USD price is over 2 usd, and I have a profit of over 1000%. Many members of that forum have thanked me for my positive attitude and technical analysis.

The conclusion of this article? Always follow your own instincts. Do your own research on a currency. Also, if you know the technical analysis, follow your own technical analysis. Do not let yourself be influenced by negative opinions posted on various sites or forums. All this will bring you beautiful profits.