The XRP Investor Thread

Well again congrats on retirement and congrats on what you achieved! I wouldn't be willing to throw in the towel on ERC20 just yet, I think I'd wait and see what happens in the next few months. Lots to be told in the story yet.

Good for you, working in negative environments can have detrimental effects on every layer of your health. Exhaustion is only one layer of it. People put themselves through hell for a dollar. You're way better taking the path you have. People and jobs don't change so you have to be the one willing to change. The second a job makes me miserable it's time to leave. Life is already trying to beat you down at every angle, it's our responsibility to flip it and be happy.

If you can hold out until March 1st, my feeling, not financial advice of course, is that taking out 10-20% won't be a problem as that should be a very interesting time in the markets development.

Thank you for the kind words, they are greatly appreciated (:

the sentiment for eoy is so good its almost not believable but also based on historic facts..
i so cant wait
i just hope my leverage xrp and btc hold up till then

I really get that sentiment. No one knows for sure but the vast majority are using 2013 and 2017 as sure fire proof that the bull market is inevitable.

Wild times my friend, I hope your leverage holds as well.

i dont understand the technical analyses stuff and i dont really understand why there would be a 4 year cycle like that.
but youtubers are literally saying things like "THIS IS IT, we waited years for this"
i just hope they dont jinx it lol

I really get that sentiment. No one knows for sure but the vast majority are using 2013 and 2017 as sure fire proof that the bull market is inevitable.

Wild times my friend, I hope your leverage holds as well.

i dont understand the technical analyses stuff and i dont really understand why there would be a 4 year cycle like that.
but youtubers are literally saying things like "THIS IS IT, we waited years for this"
i just hope they dont jinx it lol

It is not simple for US persons - usually, you will need to use a network service that makes you appear to be at an IP address other than in the USA (can't say the forbidden word).

Can't speak to the other exchanges, but KuCoin has both traditional futures and margin as well as spot markets.

In particular, on the spot market you can buy tokens that reduce the normal complexity of margin and short trades.

Look for tokens with 3L and 3S on the end. For example BTC3L or ETH3S - BTC with 3X leverage in the Long direction or ETH with 3X leverage in the Short direction. They have many Alt coins such as XRP3L or XRP3S as well.

I've been trading them both long and short for a few months now and although they do the job, I'll warn that they can very quickly get away from you in the wrong direction, so be very careful and use stops for loss prevention and other forms of risk management.

They also don't track the main coin exactly either, so don't rely on only the main coin chart when trading the token.

Also, the liquidity on these can often be low, so a good amount of slippage must also be expected when either entering or exiting.

Finally, I know many here are not fans of Tether (I'm not, but am also pragmatic about the need to still use it) and unfortunately that is the trade pair all these tokens use, so bear that in mind as well.

Hope that's helpful!

If China is really going after this, it could get quite interesting for BTC and Tether.

https://twitter.com/_/status/1447768139849154560