Completed market cycle. This thing is done. Time to take profit. Nothing more to say.
It's been one hell of a run.
Giao dịch đang hoạt động
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Yes, my entry was shit. But here's what I know.
- Ripple pumped to 1/5th of the entire crypto market cap at the peak. - It blew by Ethereum like it was standing still. - Their coin structure (100,000,000,000 fully diluted) is designed to fool casual investors into believing "the coin is cheap"
These beliefs influenced me into entering the short too soon. Having said that, I very much stand by my short and did average my position up as it continued to peak out. I do believe we are in store for a very significant pullback, and that my short will be very profitable by the time I close it.
Sorry about the shitty initial entry, it happens. Sometimes you're the bug, sometimes you're the windshield. Reply
lol yes it was, I got out, I think I will stay away from ripple for at least 2 days. things will be much clearer by then
B-Madoff
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Short the shit out of this
TheCryptAlpha
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Why would you ever short something like that? You dont like money?
MattRiedle
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FWIW, I didn't think it could go higher either. It's just being pumped right now. Completely overbought. I got out at 11400. Definitely not trying to jump back in at this point. Lol.
MarkCanna
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@MattRiedle, Ya, I didn't pick the top clean, but buying here is suicide
jamikr
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thanks for the tip! i thought so but needed this note to confirm my sell ...for now. wow....
bob0tehclown
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bet you wish you didnt now ....
MarkCanna
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@bob0tehclown, What are you gonna do. At least I had the balls to put it out there. Moving on.
undersun
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Never count out exuberance and a Coinbase listing - I am not a good trader, so I just hodl - for someone like me, exuberance and the Coinbase listing will put XRP in the $4 range.