As always, quickly to the point:
I bought lots of XRP. Why? Cause it makes sense, business-wise for banks. But, I apparently bought too late. Its going nowhere right now. Why? I'm not sure but I suspect that all the action via crypto is: EVERYTHING IS ABOUT FINDING----- WHAT'S HOT.
So, I abandoned my Take on XRP. I sold everything. I'm thinking that Peter Schiff is the same way, but won't budge. He will not budge from his position in holding Gold. Well, logically he's right. Likewise, I think Ripple/XRP is pretty smart/good investment. However, right now it's a DUD. Am I getting wiser? ''don't get emotionally attached to stock/coin"
Tell me if I'm wrong. SEEMS LIKE EVERYTHING IS ........CHASE THE RIDE UP,......FIND ANOTHER COIN,.....REPEAT...... REPEAT.....
I personally treat cryptos more similarly to stocks. Sure some people day trade, but I buy and hold trades/stocks/tokens/coins that I think have real long term value. Like XRP. I have some. It did go down recently, but I will continue to hold it because I think its a good position to have. Consider good position sizing as well, I dont care if it goes down as much because I invested an amount that doesn't turn my head or make me sweat if I lose it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ok. I invested a bit too much. I try to be wise and not emotional trade,......but..... I'm human/a novice. Thanx.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree with you! We are all learning, those who say otherwise....well maybe they aren't learning....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
might be doing the same. these alts under number 20 in market cap are very heavy at the moment. want to dump it all and put it in litecoin etc neo and other top 15 coins.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yeah, I just moved big-time, back again to NEO. However; the computerized market-maker is ridiculous. Unbelievable how it jumps around,.....ya know it's bullshit,.....yet.. ....you're subject to the bid/ask jumping 10-20cents...... E rrr
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yea those constant small buys of the same size buying out all the small orders are very suspicious. could it be whalebots collecting neo from us speculating traders? i'm new to markets but i think i'm learning a lot and really want to get into it. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @averageguy! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit