Cryptocurreny : Ripple fluctuations this week

in ripples •  7 years ago 

After previous experience from owning the Crypto currency, Virta Coin Plus with its symbol XVP and get it sold over the "Bleutrade" crypto trade exchange, I feel very interesting to start investing in this new currency. Many people keep talking and discussing about this crypto currency.

We are lucky to live in this generation as everything we want to know is now available on the Internet and with the help of various search engines, we can find anything we want to know including this crypto currency - also known as Crypto coins.
Bitcoin - the grandfather of all crypto coin, is already very high value - but it is interesting to gain profits on this coin even if we own only small capital to trade. I remember early 2018 the bitcoin went down very deep to around USD 6000 and I was thinking it's the end of this so called cryptocurrency. My personal feeling said there is still hope for Bitcoin to revive but as normal newcomer, I used to watch and do no actions. To my surprise, the price of Bitcoin revived up to about USD11000. And it happened only less than 1 month. About 90% gains in a month ? Wow.

This becomes my valuable lessons, I wish if I took the gut to invest bitcoin, I wish.... but forget about it. Now I must move.
So, I learn from my local exchanger and start to open several accounts with various exchangers. :)
I bought Ripples with its symbol XRP. This time my decision is not based on speculating but after I read and explore the Internet especially the Cryptonews like Cointelegraph, Coindesk, Bitcoin and many online news on Crypto currencies.

Ripples become interesting as it expands to become the key platform for various money remittances business. So I assume it may become the leading in this remittance business hence its coins can be seek and bought by many buyers significantly. I bought Ripples at the market level around USD 0.80 (around 22nd Feb and 25th Feb 2018) and to my surprise Ripples moves stagnant. Since I was thinking to invest on Ripples for longer period, hence I dont mind and I dont bother to see the movement of this Ripples Coin.

Our planning sometimes beyond the actual fact. On 5th March 2018, I noticed very interesting movement on the exchanges. I started to do a little study what is going on. On Cointelegraph, coindesk and Telegraph all showing Ripples is on its trend to move upside. Very interesting - but what is the reason ?

That day, I remember, since the morning, the price keep raising sharply and also down a little bit but the trends were going up. Got to think fast, whether to keep Ripples with our earliest idea to keep for long term investment or do short (means selling now). I tried to put a sales order at USD 1.036 for all XRP I had. I noticed that many times it almost hit my target, somebody always sold at lower price. - What is going on ? Why so sudden many people holds this Coin and suddenly all of them were selling their stock ?

Never mind, I thought positively and prayed that Miracles might happen. Honestly, I almost cried. Oh God help me. Quietly I whispered in my heart. Trust me, either God also aware about Crypto coins or not, but suddenly the markets fluctuated very sharp. And suddenly I must attend something for around 30 mins.

I left the order opened.

30 minutes later, I was back on my laptop with a curious feelings. To my surprises, my orders have been sold. Wow again.
And when I tried to find out the highest price at that moment, my eyes almost jumping. Ripples hit USD 1.066
Some rumours said that Ripples hit that high due to Coinbase will list Ripples as one of its new cryptocoins on its wallet or exchange. But Coinbase later denied the rumours. Still, Ripples prices already fluctuated and still at the highest level.

Now, I found that cryptocurrencies are another interesting way of investment. Instead of investing in shares on the online stock exchanges and you must invest a minimum USD 1000 or more, Cyrptocurrency can and may be an alternate way of investments. You can start even with a USD 10 investment, buy any coins like Bitcoin or Ethereum, or even to start invest on the new ICO (Initial Coin Offerings).

It is always interesting to invest. some risks may follow but the profits also interesting.

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