we could fall to .20 or lower technically. there is a lot of momentum pushing all coins down right now, so yes its possible to see .70
the good thing is that this drop is not exclusive to XRP which indicates XRP is not at fault for this drop which means more than likely it will recover.
if i were looking to buy more or make my first purchase, id try to keep it simple by figuring out how much i REALLY need it to go down to make a noticeable difference in the size of my position.
for example, right now its @ .86. For $100, i could buy 116XRP
theres no point waiting for it to possibly go down to .85 because youd only benefit from one extra XRP.
But.. if its .86 right now, and youre feeling lucky that it may dip to .56 cents, thats an extra 62 XRP.. quite a large increase.
im babbling yet again. what im trying to say is, its impossible to get in a rock bottom prices. the second you try, it always skyrockets the next day. so.. get in at .86... or .70... does it make that much of a difference? not really.
but to penny pinch every last XRP possible.. id say theres probably a 45% chance XRP drops to .65 or lower in the next week or less. i honestly believe it will go lower, but the 45% number is from the chart and not personal opinion.
the good thing is that this drop is not exclusive to XRP which indicates XRP is not at fault for this drop which means more than likely it will recover.
if i were looking to buy more or make my first purchase, id try to keep it simple by figuring out how much i REALLY need it to go down to make a noticeable difference in the size of my position.
for example, right now its @ .86. For $100, i could buy 116XRP
theres no point waiting for it to possibly go down to .85 because youd only benefit from one extra XRP.
But.. if its .86 right now, and youre feeling lucky that it may dip to .56 cents, thats an extra 62 XRP.. quite a large increase.
im babbling yet again. what im trying to say is, its impossible to get in a rock bottom prices. the second you try, it always skyrockets the next day. so.. get in at .86... or .70... does it make that much of a difference? not really.
but to penny pinch every last XRP possible.. id say theres probably a 45% chance XRP drops to .65 or lower in the next week or less. i honestly believe it will go lower, but the 45% number is from the chart and not personal opinion.
2
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Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
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