Ripple

Nope. Just bought 30k more today at 1.15. it’ll probably see all time highs again in March. Might be a little early on this trade short term, but first to second week of Feb, crypto is more than likely gonna run again for a few months. I’ll sell all then.

^You said you’d buy at 1.

Image result for you lack discipline

You have a model or what are you even going off of? Either way, good luck, hope you kill it

No, just non stop reading, analysis, etc. Basically an informal model inside of my head. The bigger bubble is honestly in stocks IMO. Highly unlikely they outperform a nascent market based on a revolutionary technology over the next 5-10 years. That’s not to say the bubble in both could be popping as we speak.

Sounds like confirmation bias to me.

I think my 140k from 25k in 2 months confirms enough, GL with stocks though! :wink:

Recency and overconfidence bias wrapped up in one. Impressive.

You must have not read my handle during your typing of nonsense.

haha I know, it will probably hit a buck too over the next few weeks. oh well.

I’m glad you realize your “bull case” was on the same level as your username.

Iprofit4shizzle is a paper 6 figure man until the tax man cometh and taketh away a nice chunk

You remind me of the analysts in my alts group back in 2014 who did a lot of talking when I said FSU would win the national championship yet wouldn’t put up any money to back their Auburn call.

I highly doubt if given the option, you’d put up any reasonably large bet against XRP.

^LOL of course here you are again.

Why would I short something that’s value is derived purely by speculation and supply/demand? Coincidentally, this is the same reason I would never go long…

Early success doing dumb stuff may be the costliest mistake one can make in investing. Sure hope you are trolling

Investing in a technology that is already beginning to shake up a multi trillion dollar industry? Who exactly are you referring to?

You’re not investing in technology. What you talking about…

Ok maybe not directly, but indirectly, yes I am. I have stated before that at the current moment there is NO way to purchase equity in Ripple. I do not work for Google Ventures, Andreessen Horowitz, etc. Believe if I had the option, I would choose that over XRP. However, as more and more companies (and eventually banks) begin to use XRP, demand for it naturally increases to source liquidity, which in turn will increase price.

So is it speculating because I can’t slap DCF on it and reach a PV? Sure whatever, but I’ve moved hundreds of thousands of dollars with it and have seen settlement times in the 3-5 second range so that’s a pretty compelling use case vs days in the traditional banking system.

I move money with zelle instantly

^but it doesnt appreciate in value!!! Nothing can stop its all the way up!