And it hit a new low again today and I am glad I didn't buy it yesterday at the $0.19 area thinking its the bottom.
you are referring this year's low, right?
The best play for something like XRP is just to catch it on the pumps and either chase it or buy the pullbacks. Because who knows how low it will go, people right now are probably wanting to buy in the $0.15 area, and then what if it goes to $0.12 area? Most likely people will say $0.10 is the bottom and it will either be the bottom or might go even further down to single digits.
I rather not hold this alt long term, sure it might go to $0.50 one day in the future but I rather just buy it at $0.05 then have to hold it for 2 years just to get break-even. I think from now on, I will most likely look for shorts on XRP until there is some trend change.
remember that XRP were one of the altcoins which was so profitable last 2017, so holding is not a bad idea, it just need a right timing to accumulate.
It reached 4 usd last bull run, at the current price, this is more than cheap and good for people who like to hold for long term, as this coin is legit, holding should not be a bad idea.
