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Topic: XRP - when to sell? - page 3. (Read 440 times)

member
Activity: 88
Merit: 13
Cheers!
August 07, 2023, 08:46:42 PM
#7
Split your pot three or four ways with everything from short term investment, longer term and then finally retirement and even pass on to the grandchildren.  Ensure you can access the funds later on with offline wallets that are stored securely.
legendary
Activity: 3108
Merit: 1029
August 07, 2023, 10:58:14 AM
#6
Just curious to know those who also hold XRP what your plan is and at what price would you think of selling?

I just curious about you. You have been putting very high target to sell your XRP. Tbh, $2 is a very high target to be achieved this year. Why don't you try to lowering your target? It will take years for XRP to be able to reach such value. I would prefer to sell it once it already given me around 50% - 100% ROI. It's good enough for me rather than waiting for years. If you are even waiting more than $2 and then you shall wait till the next decade to sell your XRP.
You can use your sense to think how high XRP can go. It doesn't even surpass its ath but how can you expect more to be reached by XRP during the next bullrun. It's not clear when the next bullrun is gonna happen.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
August 07, 2023, 07:47:30 AM
#5
Definitely don't recommend selling now. It's bear market and it's not the best to sell the crypto. Wait a couple of month and see how the price will go up

I am not selling now - I will not sell until it reaches $2 minimum just not sure if I should hold on longer than that or bank the profits.

What you should rather consider is your personal need to sell and not necessarily others opinion to sell. If you have a very salient financial need, you are free to sell since you are not selling at loss. If you do not have any critical financial situation, and you are willing to wait for bull run, it is also for your own advantage.
Nothing is actually guaranteed in this market, the $5 - $100 predictions may never happen. Who knows if this will be another BTC bull run where altcoins will sit and watch.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
August 07, 2023, 07:10:45 AM
#4
I will say this If you can hold on, go ahead and hold until the bull run otherwise, if you need the money, you can sell whenever you feel comfortable. I've also purchased some XRP, but my intention is to hold it for at least a year. As for making a precise prediction, no one can do that. I'll just suggest waiting for the bull run and then making your decision based on the market conditions.
member
Activity: 840
Merit: 30
August 07, 2023, 05:02:43 AM
#3
Definitely don't recommend selling now. It's bear market and it's not the best to sell the crypto. Wait a couple of month and see how the price will go up

I am not selling now - I will not sell until it reaches $2 minimum just not sure if I should hold on longer than that or bank the profits.
newbie
Activity: 19
Merit: 0
August 07, 2023, 04:54:42 AM
#2
Definitely don't recommend selling now. It's bear market and it's not the best to sell the crypto. Wait a couple of month and see how the price will go up
member
Activity: 840
Merit: 30
August 07, 2023, 04:35:54 AM
#1
I only have a small amount of XRP and just wondering when to sell.

Up until recently I had $2 in mind as to when I would be selling but I am not sure if I should do or just hold till we are well into the next bull run in 2025.

Selling at $2 would give me just under a 5x which I would usually be very happy with but because it is XRP and with many saying it is going to be massive in years to come I am not sure if selling at $2 is a good idea or not.

Just curious to know those who also hold XRP what your plan is and at what price would you think of selling?

I have seen price predictions range from $5-$100 for the next bull run - I think $10 is a fair prediction myself so may just wait till it reaches that price as it would be a 24x for me.

I just feel that as the price does start going up quite rapidly in the coming months/years , it will be hard to hold on.  
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