Microtrading Ripple
Chances are you lost money today , and although it is down , Ripple - more than bitcoin , seems to have drawn a line in the sand around .42400 where it doesn't want to fall. I believe this is due to people who lost a lot of money on their Bitcoin and other holdings today knowing that Ripple can be a very fast way to make money at this level , in small increments of change. Otherwise , I hope you pulled out of this market. It needs to stabilize.
Notice how there was no "forecast" of this??? Trust me when I tell you that the experts can look at their weights and varius measures and see a thing like this coming.
There was no mention because they need most of you to take a big loss so that they can profit.
I would treat ripple or other penny level cryptos that show any promise today like Forex , with a stop loss that grows with the price and a take profit that doesnt move due to volatility (as of this writing , the numbers in my tradeview still look like they are scrambling through entire points (Ripple) at times. Make it back slowly or wait for the fire to cool, this hog is cooked.
Bitcoin Cash and it's intercurrency trading is also clearly to blame as no related drop in those currencies it pairs with could result in significant arbitrage.
Oh , and Bitcoin really , really is not a safe store of value. Want to know why there isn't more ETF adoption etc.?? The power of fake media and whales to manipulate price. Imagine the call from your banker??? Wow.
Caveat emptor...
Notice how there was no "forecast" of this??? Trust me when I tell you that the experts can look at their weights and varius measures and see a thing like this coming.
There was no mention because they need most of you to take a big loss so that they can profit.
I would treat ripple or other penny level cryptos that show any promise today like Forex , with a stop loss that grows with the price and a take profit that doesnt move due to volatility (as of this writing , the numbers in my tradeview still look like they are scrambling through entire points (Ripple) at times. Make it back slowly or wait for the fire to cool, this hog is cooked.
Bitcoin Cash and it's intercurrency trading is also clearly to blame as no related drop in those currencies it pairs with could result in significant arbitrage.
Oh , and Bitcoin really , really is not a safe store of value. Want to know why there isn't more ETF adoption etc.?? The power of fake media and whales to manipulate price. Imagine the call from your banker??? Wow.
Caveat emptor...
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