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What wallet do I use?
Hot storage - Xaman, Gem Wallet, Crossmark or Bifrost
Cold storage - Paper/Metal or Ledger/D’CENT
BTC just broke out to $107.5k and XRP (and other alts if you care) are still lagging. What's going on?
My body is ready.
1 wallet
110,000 and we see some serious shit
checked and I believe you
Would be nice to get some positive price action but BTC.D is still high and alts are lagging
OOOOOOOOOOOOOOOOOOOOOOOO
OOOOO
red ID
it’s over
Colors are just random it doesnt mean anything
Every time the price jumps, I am afraid of selling because 'this time we're breaking out'.
We never do. We always go down and I swinged no profits. Line goes up, line goes down. I can only watch.
Less than 1% of traders make money trading. You know how difficult it is to time the top and time the bottom perfectly? Let alone multiple times? It's like playing Russian Roulette with a revolver which has 99 out of 100 bullets in it, you spin it and think "Oh maybe I get lucky" lol
Just hodl for years if you wanna make money, if you wanna gamble fine maybe you get lucky but not enough for any gains that are worth it.
Of course, you should not sell all of it but I would easily sell, I don't know, maybe 15% of my bag, because I would like to have some money in case it dips, and at the same time still have some in the bag to sell later in case the price goes even higher.
Well.. if we're higher today than we were at any point yesterday.. isn't it probable that we'll go down again?
I feel like half-assing it isn't worth it anyway.
It's not half-assing, it's a legit strategy. There are professional traders who have a leveraged (e.g. 5x) position open for months at a time, they start out with a bias, let's say LONG, and every time the price dips, they add to their position, a very small amount, maybe 2% of their portfolio. The price may go up, that's great, it's a little profit, but if the price goes down, they add more - maybe a 2.2% of their portfolio. This way, after many entries at a lower and lower price they reduce their "average buying price" so after a month they may have, let's say 50k USD worth of BTC at an average buy price of 75K. So anything above that price and they are in the green. When they start to think that the price is approaching the top, they start selling off bit by bit, because they know that they will never time the actual top, no one can, unless they're Nostradamus or something. Over time this results in an average selling price that is way higher than their average buying price. Repeat this for a year, you will be in the green no matter what.
If I flip a coin and it's head, isn't it more probably that I get tails next time?
probable*
It's not, it's always 50%. Each individual flip doesn't know about the previous flip and it doesn't know about the next upcoming flip.
Now change the side of the coin, with the direction of the market and you will have your answer.
11:30AM EST
113
I should've just put all of my money into Popcat
reduce their "average buying price"
holy revelation
What is the genius act?
113
I don't get it.
Do you guys see we might see some positive price action this week?
Technical analysis says that the price should soon bounce off of the 20-day moving average so it should go up, but you never know. Some news might come out that will push the price down even lower.
I just cant wrap my head around it... January was almost 6 months ago. Half a year later and we are still slow bleeding $1 lower than we were back then
When moon? I'm tired boss
it's all so tiresome
So is Ripple going to buy Circle or what?
your moms circle
More than likely. Can't see Coinbase going all the way in a bidding war without taking on serious debt and they'd be leaving themselves open if they used customer assets as collateral. Since they are publicly traded they'd have to be able to justify the move to shareholders too.
Rumour on twitter is that Ripple outbid Coinbase by 5bil and Circle acquisition will be finalised tomorrow (no legitimately trustworthy source as of yet though)
one day xrp will be 100$ and all the normies, soccer moms & barbers, will win
Schizos what do we think of this? Was XRP just a trick the bear jester pulled on us?
Thats 5bil ready to get dumped
I figured it caused the most recent dump although with how lucky we've been we're probably in for something
Outbid by 5 billion
I bet you CB put up 6-7 billion as a reasonable offer after Circle snubbed Ripple's 5 billion offer earlier.
So Ripple ends up paying 11-12 billion for Circle
Which is all bullshit anyway because
"Stablecoin issuer Circle denied a Monday (May 19) media report that it was in informal talks about a potential sale to Coinbase Global or Ripple while still pursuing the initial public offering (IPO) it filed in April.
In a statement provided to PYMNTS, a Circle spokesperson said: “Circle is not for sale. Our long-term goals remain the same.”"
because they know that they will never time the actual top, no one can
Wrong. It's because they run into liquidity problems if their portfolio is worth a shit. Timing the top and bottom is easy because the market is fake. Liquidity is all that matters or you wouldn't see boards like this full of shills nonstop.
stay in your containment thread you freaks
XRP can suck my dick. this piece of shit doesn't move. retarded ass stablecoin.
Ooooooooooooo
Contain deez nutz, fella
GO UP FUCKING ROCKET UP WE’RE NOWHERE NEAR THE HIGH WE WERE WHEN btc WAS PUSHING ATH EARLIER FUCKING PUMP YOU PIECE OF SHIT AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Shitty week so far.