Jasper said:
Does the little baby dip even matter if everything is still going up by more than 5 times?
Nope, it doesn’t.
I’ve seen all the Alts I follow shoot up from 2 to 10 times while waiting for the dip.
Jasper said:
Does the little baby dip even matter if everything is still going up by more than 5 times?
Nope, it doesn’t.
I’ve seen all the Alts I follow shoot up from 2 to 10 times while waiting for the dip.
I personally say get in now with whatever you can. I almost guarantee that as soon as Trump takes office, most crypto will skyrocket. From my research, those are all good potential picks.
I want to collect 1k XRP by Christmas because I think it will be the next Bitcoin, especially since big countries have said they will adopt it by the end of next year. I can see it hitting 5 dollars and I’ll sell my initial investment and use the profit to grow my portfolio.
For anyone asking for advice, I strongly recommend doing your own research and investing in things you believe in. Remember, time in the market beats trying to time the market.
@Mary
Thanks, man! I appreciate your time and info.
I believe it will be the next Bitcoin
This forum is really something else lol. Are you comparing XRP with Bitcoin?
One coin is fully decentralized while the other is not. They’re completely different. Why would you want a blockchain that isn’t decentralized anyway? I’m not a fan of XRP, and I bought it at $0.06.
SUI has probably given all it can for this run. Another pump is possible, but it’s uncertain.
SEI hasn’t reached its all-time high, so putting your money there might be wiser.
Doge hasn’t reached its all-time high, so it’s another good option to invest in.
I don’t know enough about XRM and ONDO, but Sol is about to break out. If you can get in around 136 or less, you should see a profit.
@Oaklee
Good point, XLM is stellar and moves along with XRP.
@Oaklee
I built a SUI bag from 1 to 0.5. Sold 40% when it hit $2.5 thinking it would go down. The next day it went past $3.5. The point is, no matter how overbought an asset seems, it can still rise. The same is true for downturns. Sol is currently at $100B market cap and still climbing.
@DanBurn
A lot of people see the use case for Solana, while SUI is still figuring things out, so it could take a while to take off. I think it might only hit a max of 5 dollars this bull run.
Oaklee said:
@DanBurn
A lot of people see the use case for Solana, while SUI is still figuring things out, so it could take a while to take off. I think it might only hit a max of 5 dollars this bull run.
What’s the use of SOL besides meme coin trading?
@DanBurn
And meme coins do trade for real money. It’s more than that. Just google it.
Predicting market moves is difficult. If you want to try, use tools like TraderLab or TradingView.
Your best bet is to open a position with a few coins you like. Set stop losses at your limits, or keep cash on the side to average down when they dip.
Another effective strategy is to take profits on the way up, which you can then reinvest during the dips. This works best if you’re focusing on a small number of coins instead of trying to manage too many.
@Dar
Thanks for the useful tips. I appreciate it.
I’m only focusing on 3 or 4 maximum this bull run.
Raine said:
@Dar
Thanks for the useful tips. I appreciate it.
I’m only focusing on 3 or 4 maximum this bull run.
Your soul doesn’t sound lost at all! haha
I think you’ll be alright! Just keep those stop losses or price targets in mind.
@Dar
Haha, thanks for the kind words. But this emotional rollercoaster is really draining me. I can’t focus on work, I’m up all night checking my savings, CoinMarketCap 1000 times a day, watching charts, reading news… sometimes I wonder how others handle all this.
@Raine
For some like me, that’s part of the fun
same here, but it’s exhausting, man. I feel like a zombie.
@Dar
This could also trigger taxable events.
Sonny said:
@Dar
This could also trigger taxable events.
I wish I could give your comment ten upvotes lol. Not everyone realizes this.
Every time I see XRP I think of the time I sent a little from cold storage to Binance and forgot to add the tag. Sent $200 into oblivion just staring at my screen like
Lake said:
Every time I see XRP I think of the time I sent a little from cold storage to Binance and forgot to add the tag. Sent $200 into oblivion just staring at my screen like
Well at least you’re not the pizza guy.