Trading Result at XRP ( Ripple) Never expected it went down!

in tilphilippines •  7 years ago  (edited)

Its been 3 days when i started to put all my Ripple coins for a higher value as i expected it went up a little bit. My prediction was, $1 at least within 5 days and its good to put it there while i'm away for a vacation. I was a little bit excited for the result, however it went down after checking it yesterday.

The result, i sold it below the capital. So instead of gaining for it, i lost around 2% of my over all earnings for one crypto currency.

Lesson learned:

When you do trading, always follow the buy low sell high rules. We can't surely 100% with the prediction if when the market will goes high and when it goes low. The best way is to monitor it 24/7 and observe the 24 hours movements. Consider the high value it reached for 24 hours, this will be the bases that the market will either goes high again and as the possibility. When do trading, always put your desired value for sell at the middle of 24 hours high value and the lower price you bought it. Let says if the higher price of the XRP in 24 hours is Btc 0.00004399($0.82) and you bought it at its lowest value which is Btc 0.00003991 ($.74), place your desired value to sell at the middle. You can place Btc 0.00004000 or 4100. This could be a slow trade yet profited.

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Aw. It's really a gamble, boss Bobie. They say, you will not be successful if you do not take risks.

Sana magaling din ako sa trading. Hehe

That is why I never dabble in trading heheh the fact is I know nothing about it

I thinks that is great experience about,.Your information is very highlight for me and every one. Don't panic...., go to swim it's good idea....hahaha. have nice day.

Sorry it went down

Paturo po sir hehehe

I think trading is exciting but it's not for those who has low risk appetite

you have did the good job bro