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Topic: Sold All my Ripple - page 10. (Read 1280 times)

hero member
Activity: 826
Merit: 1004
January 03, 2018, 06:40:32 AM
#46
This was surely a bad decision just imagine few months back ripple had a price below  $0.01 which means if it took 3 months for you 8k which had a usd value of $0.003 or something to 15k at $2 imagine if the price becomes $10 you can easily make a higher profit.
This is surely a bullish market but sell now isn't a good decision if you waited for few months why noy hold on ripple has a bright future ahead.
newbie
Activity: 6
Merit: 0
January 03, 2018, 06:33:43 AM
#45
You did it right, currently Ripple is on top and it's risky to buy it again.
newbie
Activity: 126
Merit: 0
January 03, 2018, 06:32:22 AM
#44
I can't exclude the possibility that Ripple can show growth in 2018 similar to the growth of bitcoin in 2017.
The coin has already taken the 2nd place in the rating of the crypto currencies. It's quite possible Ripple will cost $ 50 by the end of 2018.
jr. member
Activity: 294
Merit: 3
January 03, 2018, 06:31:59 AM
#43
Yes you did mistake. Ripple is a long term investment. Like buy and forget it. I sold half of mine and keeping half.
full member
Activity: 336
Merit: 100
January 03, 2018, 06:24:51 AM
#42
You did the right thing took profit. But I always leave some coins for them. It is unknown how the market will behave in 3-5 years. And maybe XRP will be worth 20 or 40$. But if he drops to 0.1$ will not hurt
hero member
Activity: 714
Merit: 500
January 03, 2018, 06:08:08 AM
#41
I think you made a mistake..
Crypto is just the started. If all banks are using Ripple then it can increase huge.. I say it will be $10,- easy  Smiley

But you have your profit, thats a good thing  Smiley

I kinda agree with this, and I do believe Ripple is gonna go high, maybe really close to the value you are saying and soon too. But still I sold because I didn't wanted to get too greedy.
But I feel I should have kept at least 20-30% of the Ripple and waited for a month or so. It would have been better than selling all at once.
legendary
Activity: 968
Merit: 1000
einc.io
January 03, 2018, 06:06:22 AM
#40
Good for you. I don't recommend holding for too long it can go down as fast as it went up. Risky investment. I sold mine after it crossed $2, don't plan on going back in.

Fully agree, I did the same thing. I think there is no chances for a further growing after x10 pump. I reinvested profit to other promising cryptos.
member
Activity: 112
Merit: 12
January 03, 2018, 05:34:10 AM
#39
i think that is a nice return, almost doubled your money, well done!
i think ripple is the only token/coin/currency that divides the community here.
some love it because it is easy to acquire a big amount and that big amount is really only starting to move in the last few weeks.
others hate it because it is unpredictable because the developers who control it can dump as much as they want onto the market at anytime.
member
Activity: 112
Merit: 10
January 03, 2018, 05:14:31 AM
#38
So I bought Ripple about 5-6 months back. Average buy price was under 8K Satoshi, and now today I have sold all for around 15K Satoshi.

Do you think its a good trade? Do you think I should have waited more?
And do you think it has returned well for the amount of time invested in it?

well congratulations. u did well. now invest in btc with that profit. its more stable and safer. that was a good investment. i don't believe in a ripple future
newbie
Activity: 102
Merit: 0
January 03, 2018, 05:12:13 AM
#37
I too doubled my money on XRP.  I sold 1/2 which I bought at .59 and then I moved that 1/2 to ADA(.52) and TRX(.03).  Two good moves for me...so far.

I'm new but I'm learning fast.  If I'm not taking the profits and literally putting them in my pocket, I'll have some idea where the "sold" money goes next...always searching for my next "mark"!
sr. member
Activity: 392
Merit: 251
January 03, 2018, 05:10:33 AM
#36
XRP is not safe investment for a long term. Lots of traders lost a lot of money dealing with ripple. I myself stay away from it and looking for more advanced altcoins instead. Many other great projects to focus on like Envion, SingularityNET, EOS, IOTA and few more.  Wink
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
January 03, 2018, 04:57:29 AM
#35
I think that's the right thing to do as long as you earn even when I sell you for a very long time or time you wait for it to increase bitcoin, just as price increases are fast but I think it will increase the ripple coin is still so much today that it has invested in it and it is rising now. So you should also have a ripple of your ripple so you can sell it again when you have more money for extra income.
member
Activity: 98
Merit: 10
Early Funders Registration: monartis.com
January 03, 2018, 04:50:54 AM
#34
I've still got my ripple - Held it for a while as I have with my other coins.
If price goes down... portfolio grows. Then when I feel its right i'll sell
newbie
Activity: 36
Merit: 0
January 03, 2018, 04:46:31 AM
#33
You did well; doubled your money. Now time to invest into some XLM, the "better" ripple.
full member
Activity: 672
Merit: 100
January 03, 2018, 04:28:19 AM
#32
I think you did everything right, because I expect the fall of Ripple in the near future, it seems to me that people do not quite understand the situation about this project, as far as I know in this project 60% of coins from developers. This is not very good.
newbie
Activity: 23
Merit: 0
January 03, 2018, 04:26:06 AM
#31
I invested in Ripple last year, and I plan to keep it until end of 2018. But I don't plan to invest more, because it's centralized.
legendary
Activity: 2702
Merit: 4002
January 03, 2018, 04:20:14 AM
#30
so good trade, the ripple will correction soon because overpriced.
A risky investment but also think the price will be between ( 4$-10$ ) before any correction.
from the chart, it is a linear increasing = very risky investment.
sr. member
Activity: 952
Merit: 253
January 03, 2018, 03:48:08 AM
#29
So I bought Ripple about 5-6 months back. Average buy price was under 8K Satoshi, and now today I have sold all for around 15K Satoshi.

Do you think its a good trade? Do you think I should have waited more?
And do you think it has returned well for the amount of time invested in it?
You have sold all of your ripple and then what are you looking for this time? you have made a decent profit from ripple. But my guess that just move to another coin that will have the same potential as ripple. you have to do it and it's a good trade. You have made around 100% back to your amount. So, what's wrong?
full member
Activity: 308
Merit: 100
January 03, 2018, 03:42:15 AM
#28
So I bought Ripple about 5-6 months back. Average buy price was under 8K Satoshi, and now today I have sold all for around 15K Satoshi.

Do you think its a good trade? Do you think I should have waited more?
And do you think it has returned well for the amount of time invested in it?
The best way to do in that it divide by two like 50% sell then hold 50% again.It's more good other than to think sell it all because it's can get high also and you already earn in that so even you risk again there's no lose at all.You can also think that it can be similar to bitcoin because it's like eth now and in no time i think base on developement it can next similar in btc.
newbie
Activity: 210
Merit: 0
January 03, 2018, 03:31:05 AM
#27
Good move, I should do the same too
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