Topic: HUGE BTC rise and XRP dip (Read 1202 times)
The bitcoin spike on its price is a very good proof that bitcoin has a lot of chance for the future and its price can pump more in the few more years because of the adoption and also by the country who recognize bitcoin as a good currency and made it as a legal money. XRP dip is just a proof that the recent pumps of that coin is just a hype, if you will do a survey, you will figure out that there is only a small percentage of people that interested with centralized currency.
So today the price of Bitcoin was $2900 and it has rose to $3140 within 3 hours and on the other hand XRP was 0.000063 btc and had a huge dip to 0.00005500 btc. The price fluctuations were good and i hope traders made profit from it.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
As long ripple has stable volume it's good to replace investment, the price doesn't count. Your decision with long term is the right step, but you must have stop loss and wise money management. Many people using martiangle strategy to make profit and patience are included this strategy. See again the price action history, volume and speculation to calculate your money management. Do that with patience and you'll gonna win. Wallet is the best place to store but never forget change your pass every month. Good luck.
This is a pure coincidence bitcoin isn't affliated with any of the altcoins this is purely a coincidence and it is not knlyonly ripple there are 20 more coins who's fell that doesn't mean you will compare it with bitcoin. The normal price of ripple is 0.25$ and currently it is 0.18$ it's not a big difference. Litecoin has also fallen that doesn't mean it happened because of bitcoin
I definitely think that altcoins correlate with Bitcoin. I also think that Ethereum has a significant effect as well. The major coins (BTC, ETH) act much like indices, while altcoins often act like individual stocks within the indices. So you might buy into a real nice setup on an alt, but if Bitcoin takes a nose dive, it can take the entire market with it. Often times, when Bitcoin drops hard, alts drops much harder even. It's difficult to figure out the exact correlation, and there are exceptions sometimes, but it's silly to trade altcoins without keeping an eye on BTC.
I dont care if ripple is centralized or own by 1 or 2 guys,
It has good specification and it is good for trading.
I lost much at 0.3x usd, I thought it may go to 0.5usd and I HODL now.
I bought more
HODL for revenge.
It has good specification and it is good for trading.
I lost much at 0.3x usd, I thought it may go to 0.5usd and I HODL now.
I bought more
HODL for revenge.
Many good altcoins have recovered a lot but ripple not yet. I also didn't see any negative news about this coin but it looks now may be a good time to accumulate some coins before start going up. Earlier it went above 0.6 USD and from there it came down. I'm also started buying in small quantities from last week and I will buy some more if it goes further down.
I wonder if the BTC rise is partly due to people trading their BCC for BTC.
We dont know but this thing is really possible that people might already switch to BTC after dumping their BCH as of now which its really good to see that the price of BTC have already break the 3000 barrier and i was little bit surprised for this thing to happen because i did expect that 3k price will be on next weeks or month but now it did already reach out. This is the new ATH as of now on bitcoins price.I also wonder the same things, because I predicted there will be two party, one is the one that support BCH the other is the one that dump BCH, supposed to be there will be split investing that can caused Bitcoin price to go down, but this few day the price keep on rising, it is good to see Bitcoin keep on rising
Ripple is a good investment it has been stay in coinmarketcap top 3 position for a long time, and the trading volume is also good, I think it can be used as a long term investment
So today the price of Bitcoin was $2900 and it has rose to $3140 within 3 hours and on the other hand XRP was 0.000063 btc and had a huge dip to 0.00005500 btc. The price fluctuations were good and i hope traders made profit from it.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
Yes, just buy it, because XRP will rise again. Spend money that you are willing to lose, because there is no guarantee you can make profits through ripple, but the chance to get it, quite big. On the other hand, bitcoin price keep growing and it may not stop until some point, maybe around $4K. When people start to extract big profits, people will panic sell and that's the time for altcoins rise. Because the money from bitcoin, will spread to altcoins again.
because all the money going to Bitcoin. bitcoin is the father of this cryptoworld.
This money flow ebbs and flows. Earlier this year, in May and June, all cryptocurrencies were rising. But much more money was flowing into Ethereum, ICO tokens and other altcoins than Bitcoin.
Maybe if the rallying continues now, the opposite will happen, and Bitcoin will lead.
Hmm btc and xrp have nothing to do with each other right.. except it's a trading pair.
And xrp is quite shit
And xrp is quite shit
All cryptocurrency markets are related to some extent. To put a finer point on it: Altcoins are largely correlated to BTCUSD price movement. During the latest hype cycle, it was very clear that when Bitcoin is stable/rising, altcoins rose even more. When Bitcoin dropped, altcoins dropped even harder. There are exceptions, but comparing the XRP and BTC charts show this to be the case for larger market cycles. In the short term, price action is much less predictable.
I dont care if ripple is centralized or own by 1 or 2 guys,
It has good specification and it is good for trading.
I lost much at 0.3x usd, I thought it may go to 0.5usd and I HODL now.
I bought more
HODL for revenge.
It has good specification and it is good for trading.
I lost much at 0.3x usd, I thought it may go to 0.5usd and I HODL now.
I bought more
HODL for revenge.
because all the money going to Bitcoin. bitcoin is the father of this cryptoworld.
So today the price of Bitcoin was $2900 and it has rose to $3140 within 3 hours and on the other hand XRP was 0.000063 btc and had a huge dip to 0.00005500 btc. The price fluctuations were good and i hope traders made profit from it.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
I think it's completely fine to invest into Ripple coin as it is one of the top coin that is traded on the market. Ripple has started its dip (major) from June month and with little hike last month it is again stable at lower prices. So this is and even 0.000063 us not its highest price but the lower one. So it is worth investing into it if you really want to go for it. The price will rise for ripple for sure. You can go for poloniex or bittrex to get these coins and trade them after storing for long.
I wonder if the BTC rise is partly due to people trading their BCC for BTC.
There is no way current events cannot be but linked to this because the speculation has been around even on the forum for a while on the fact that BCC is free money and those who were against it are large owners who have swore to just claim the free money and dump and most times they don't just convert to cash rather they invest in back in btc because that's to them what have a future considering their earlier believe about BCC in the first place.
there are many factors that can affect bitcoins price, trading is certainly one of them although determining which specific coin made a difference is too difficult, we can make
guesses but we can never confirm it. in this situation i think the segwit implementation is the one affecting its price the most, i know its not activated yet but judging from the
looks of it, it is already certain that it'll activate. almost all cryptocoins rose up when segwit was activated on them, naturally it'll also happen in bitcoin.
Hmm btc and xrp have nothing to do with each other right.. except it's a trading pair.
And xrp is quite shit
And xrp is quite shit
I wonder if the BTC rise is partly due to people trading their BCC for BTC.
There is no way current events cannot be but linked to this because the speculation has been around even on the forum for a while on the fact that BCC is free money and those who were against it are large owners who have swore to just claim the free money and dump and most times they don't just convert to cash rather they invest in back in btc because that's to them what have a future considering their earlier believe about BCC in the first place.
This is a pure coincidence bitcoin isn't affliated with any of the altcoins this is purely a coincidence and it is not knlyonly ripple there are 20 more coins who's fell that doesn't mean you will compare it with bitcoin. The normal price of ripple is 0.25$ and currently it is 0.18$ it's not a big difference. Litecoin has also fallen that doesn't mean it happened because of bitcoin
Nice trading info. Bitcoin is actually rising high and at the time of making this post it has rise as high as $3,400. This is really an opportunity to use bitcoin to buy other coins ripple on the others is deeping and because of it market capitalization it might come up very soon. In any way Best time to buy altcoins.
Some altcoins, has been deeping as people interest lot in convert btc, since 1 august, price going increasing fast up.
Maybe it would be discount day for altcoin to buy back, i believe next week would be all positive trends.
Nice trading info. Bitcoin is actually rising high and at the time of making this post it has rise as high as $3,400. This is really an opportunity to use bitcoin to buy other coins ripple on the others is deeping and because of it market capitalization it might come up very soon. In any way Best time to buy altcoins.
You can go with livecoin and poloniex if you want to do long term investment into ripple. These are very stable exchangers. However it is jot advisable to put money on exchanger for long term. Try saving it on the wallets instead.
Bitcoin hike was due to after fork effect and this was suppose to happen due to tremendous investment volume as most of the people were waiting for it. It has dropped and people took advantage of buying it meanwhile. Now as the bitcoin rises its time people will be waiting for its huge dip. This cycle will keep going on unless and until there is permanent hold which will never come for bitcoin. Lets keep it that way and save our coins. Ripple is good opportunity now.
Bitcoin hike was due to after fork effect and this was suppose to happen due to tremendous investment volume as most of the people were waiting for it. It has dropped and people took advantage of buying it meanwhile. Now as the bitcoin rises its time people will be waiting for its huge dip. This cycle will keep going on unless and until there is permanent hold which will never come for bitcoin. Lets keep it that way and save our coins. Ripple is good opportunity now.
XRP is far superior than many other coins, its a great system and block chain.XRP and litecoin even are so much faster and cheaper bitcoin. So, it good for short or long term investment now. I use bitstamp, i don't know better service than bitstamp to buy and store Ripple.
Ripple Labs seems to have removed the Ripple client; I used it years ago (back in 2013), but it seems to have been removed from https://ripple.com. I'm not even sure how to hold it anymore outside of exchanges like Bitfinex or Poloniex.
Another problem with XRP is that one only needs very little of it to transact virtually forever with the Ripple ecosystem. It doesn't have a value proposition like Bitcoin, for example. Yet another problem? Ripple Labs controls the servers... so they decide what is valid and what is invalid. It doesn't provide the value nor security that other blockchains provide.
So today the price of Bitcoin was $2900 and it has rose to $3140 within 3 hours and on the other hand XRP was 0.000063 btc and had a huge dip to 0.00005500 btc. The price fluctuations were good and i hope traders made profit from it.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
I am thinking to make a long term investment in Ripple. Can somebody suggest me is it a good investment and where to store the coins.
Hopefully it proves to be a good investment as i also have quite a number of xrps stored for long time holding. Ripple has been quite weak for thw last few months but there are still a lot trusting it will surge. It's been around for quite some time now anyways and for me it's one of the altcoins that i'd depend on. Hopefully that pays off.
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