Topic: XRP - time to cash out? (Read 272 times)

Yes true,  comparing XRP to bitcoin is just not knowing anything at all and there is really no growing at all, there isn't really a profitable business to be made at the moment and XRP is just not profitable at all. So, if you really want to invest and think that it will grow, then we could consider this to be growing a lot but that doesn't mean that we are going to see you be right about it, that's not going to be ok and we can't focus on how to grow at all.

Reaching XRP as a way to make money is not a simple feat and we can't make XRP grow any further, and we will see how to grow further with other coins and we are going to see how things will change as well, it is not going to be simple and we can just make a profit from this without a doubt if we just short it as well.

In my prediction, XRP is gonna reach new ATH soon. If you're feeling good enough with your profit, take a half of your profit, then keep the rest until new ATH. I'm feeling so confidence to believe we will see new ATH very soon as long as there will be no correction.

The problem is that the correction can occur anytime. This probably a thing that makes you feel worry about your investment. I think for the safety purpose then take a half, and keep some. I don't see a better solution than this. When a correction come, you have money to buy at the bottom.

This is gonna work for your investment.

It is very early if the Xrp you have is sold because this is just the beginning of the bull run market, it is not yet complete and has not yet ended. Xrp starting from the beginning of November rose very quickly following the Bitcoin graph and several other coins such as Cardano and polygon.
There's still a long way to go, the real bull run hasn't happened yet, so save the coins until the price reaches its highest point at the end of the year. Market conditions are changing and unstable, this is just a correction, don't be fooled, stick to your commitment and have the courage to hold on until your goal is achieved.

Yes, we have seen people compare PNUT with bitcoin just recently on this forum, so its quite true that we need to realize XRP would be compared to BTC a lot better obviously without much trouble and that has to be the most important part. I believe we are going to end up with a much bigger trouble and that has to be the riskiest move in crypto to think that something could be as good as bitcoin.

XRP isn't, and that has to be the most important part of the deal, without much trouble we can deal with whatever we have, and that has to be the key point here. I can gladly appreciate the love for any coin, you can love XRP as much as you want and there is nothing wrong with that, but do not compare it to Bitcoin just because you like it, I understand the logic of it and why people would do that because they are thinking that we are seeing something bigger here, but bitcoin is far greater and there is no reason to compare like that without trouble.

I have been buying XRP for just over a year and my average was $0.50 until the other day when I sold a small amount at $2.75. My average has now gone down to $0.37.

It should easily hit $5 next year and I'm hoping closer to $10.   Many are saying it can even get close to $20 but i'm not sure about that.

Nothing wrong with taking some profits, I would just only sell a small portion until next year when it will go a lot higher.

By past trends in the market specifically with XRP I thought it is so obvious to cash out now and run... but I think it is too obvious. Everyone online is panicking and selling and everyone is saying sell well I think that is like perfect. I don't think there is going to be some massive drop off. Although volume is dropping as the price is going down so that may be a bad indicator.

It is seems he is confused and that is why he is here in front of us, asking for a suggestion. But if I were to give a suggestion, I think I'd say I will cash out most of my XRP's now because as he said, it is skyrocketing and prolly on its peak now. I will only left some just in case the momentum still continues. I won't feel a regret if it occurs though, or even I sell all of my hodlings because I'm still in a very good profit.

For me, I think XRP is one of those great coins but it doesn't make sense if we will just HODL them forever only because they are great but we also need to disposed (sell them) unfortunately for some profits. But having a profit after, is still a good thing and we can always re-invest on them again. He is not comparing XRP with BTC mate but he is only considering BTC as one of his options when he wants to re-invest again.

And there is no problem either if we compare XRP with Bitcoin, since both of them are only crypto. There are even some who compare a shit and low-quality coin to Bitcoin (lol), and then many are not offended at all but they just laugh, as they already know the result or the answer to it. You still got a point though in your last sentence. This is why planning is important first before starting, so that we know where we are heading.

Well, if he is in profit already by holding XRP, it's best his decision to sell or keep holding, personally for me, I don't trust altcoins, I have been observing XRP lately and since the price surged to $2.8, it also drop to about $2.2 but today Bitcoin reached $104k, even if the price of Bitcoin drops, we can still have hope that the price  will go up every bull season but altcoins doesn't have much of that guarantee.

Op In my opinion, you can just sell a little bit and keep on holding the rest
You never can tell how much potential the coin still has
And this might also be its peak
So, just in case the price eventually goes down, you won't be in total loss because you already took our some profit

It's better to hold XRP for it to break its ATH at least to in order to do something with the profit realized - so it's all merely a speculation because XRP is a wild card as of now, in my opinion.
I would sell off half of it and leave the other to become better as time goes on.. If that would be true.

Totally.
BTC is still on its way to breaking its ATH again and again, we are not done with it yet.
And I think that will be the case up to $150k, with some dips here and there.

nobody knows but XRP just broken out a really extensive period of accumulation about few years for the first time I think it can still take off and make a new ATH but it depends.
personally I don't really understand the underlying reasoning as to why XRP suddenly goes up so high but I guess it just fits the narrative of CBDC or digital settlements.

can feel that people are FOMO with XRP indeed, it's intriguing and if I say that i'm not interested i'd be lying, but i'm at that point where I don't wanna buy something that's already going so high and become the sucker.

i mean if you feel the price can still go up and want a secured investment you can always take partial profit just in case.

OP did not compare XRP with bitcoin, but what I understand is that OP is now profitable in XRP like he is a little nervous about whether to take profits or keep holding it, so it is indeed back to his own decision.

If he sells his XRP and buys bitcoin then the bitcoin selling target will be even higher, maybe above $100K.
Then it is difficult to determine whether he will make his own decisions or take advice from others?

There is not an easy answer to that as you do not really explain to us your specific circumstances, XRP has not surpassed its previous ATH in 7 years, so if I were one of the people that invested so many years ago, I would be happy to get whatever I could and move on from XRP, however if you are an investor that just invested recently, then I think it would be better for you to wait a little bit more and see how things evolve, since it is possible the growth of XRP could continue and you could increase your profits this way.

If you want to continue holding xrp, it's your decision to make because but comparing with Bitcoin is not a good idea for me. If you are holding Bitcoin, you should have a target for the price which you would have sell off as price got there and if you were also holding XRP, you need to have the set your selling price. It's not a decision which anyone must make for you.

It really feels like altcoin season is here! Some altcoins have already skyrocketed with over 100% gains in just a week, which is absolutely wild. If this trend keeps up until the end of the year, XRP might even smash its all-time high. While it’s tempting to take some profits and savor the moment, the fact that we haven’t seen an altcoin season this explosive in years makes it seem like a once in a lifetime opportunity. Going all-in could be the good move some are seriously weighing right now.

Grab your diamond hands OP and stick to the plan, if you hold any XRP Sell some off, see the other part of your depo with XRP, and what would happen to it.
Get yourself something to drink. Enjoy the fireworks afterward.

Half of XRP can go, and half - be left for the potential at stake.
If the profit is good already - why not?

I would say it's better to see XRP break its ATH and then cash out, but as always - better to have some profit than none at all.
Let's see where it would go.

Profits are in sight it is better to cash out than stay HODL even though there is a lot of news waiting for XRP to ATH this is still uncertain, but you have your own choice rather than asking others will have a different opinion.
I will move to BTC and HODL after that because I believe BTC can surpass $120K next year.
You can make up your own mind.

Hahah... This advice can only come from someone who bought XRP and has probably waited for the price to go high since Bitcoin made the upward movement. Are you holding XRP? Then your advice is good. XRP has been down for a long time, most investors were scared that the coin was about to do what Luna did to their investor.

Now it ahs pumped up, everyone holding XRP sell-off. If you do not want to panic in the next week come.

Note: This is not a financial advice, DYOR before taking any action.

Definitely, without a doubt, without waiting. If you are reading this, do not wait until the end of the post, just sell right now, you can read the rest of this post later on, go now, go! All jokes aside, yeah you should definitely sell, XRP is famous for having pump periods, it always had one, it had in 2021 too, and in 2018 too, it just has those days but in reality we all know that it will crash harder than all others.

Remember, this coin was so low, even a memecoin like doge passed it for a while at the rankings. Now it looks good, I understand that makes some people excited, but that's temporary and it will crash harder than any other coin, so you should try to stay away from this as much as you possibly could.

If you are in that status that you're in profit and you're very happy and well satisfied with it, you can do it. I've done that in the past that I have to sell even if it's not on ATH but I have to do it because for some needs. Whilst you, you're in a better situation because you're in profit and you have the privilege to do that without having a second thought.

If you think that holding is much a better idea now, you're free to do it. But I wouldn't also disagree if you are going to sell in profit and will use that in buying Bitcoin. Either is good decision but you have to know what your long and short term plans with it.

Friendly tip: there are folks that have bought $3 7years ago and nearly break even by the high that XRP is having now.

How to consider out that its already at its peak? There might be some correction on which its really just that normal but in speaking about crashes and dumping then its always that possible yet we are on crypto space, but you should be aware that we are still heading into that bull run period on which there's always that possibility that it will really be able to rise up its price even more. Selling out and securing your profits isnt that a bad decision that you will be making because the main priority that we do have in the first place is to make money or profits. Therefore, on the time or moment that you had found yourself on profits or positive PNL's then it will really be that up to you whether you do secure those profits or hold up a little bit more.

There's even those recent predictions i have seen reaching out $6.

XRP has ‘FOMO’ target at $6.60 by 2025 — Analyst
https://cointelegraph.com/news/xrp-has-fomo-target-at-6-60-by-2025-analyst

We do know that once these positive sentiments do came out then its actually a sign of selling your position. haha

As it was said by Finestream, - wait for the ATH to be reached at least.
There wasn't an alt season yet - you've got much to gain, in my opinion.

Don’t sell yet, it’s still too early. Wait until it breaks its current ATH of $3.84. If you truly believe that altcoin season has arrived, now’s the time to learn the art of holding. XRP has been pretty quiet since the last bull run, but this could be its moment for a breakout. There’s so much buzz around XRP right now, and the recent pump we’re seeing might still be undervalued. Stay patient, this might just be the start.

XRP has skyrocketed and I am reading that perhaps it has hit its peak.

Is it time to cash out and reinvest elsewhere (i.e bitcoin) or is this one to HODL?