Tough Lessons from XRP, ADA, TRX and XVG.. Psychology on Buying the Top
Did you buy the recent "top" on XRP, ADA, TRX and/or XVG? It's alright if you did, even if you've taken some heavy loses. The important thing is to internalize the loss and learn from it as much as possible. Let's talk about how you can learn from it and why I'm always petrified of buying into a coin like TRX or XRP after it's on such a massive move.
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Can't believe I am not following you yet. Well that just changed!
I don't hold any XRP, TRX or XVG (as I am not a huge fan of any of the 3). I do hold a bit of ADA however, but even at the current time with the dip am still up a decent amount from my entry point. I tend to not worry to much about regional FUD dips (like the South Korean FUD or the China FUD happening right now) as I have faith in the crypto space in the long run and only hold coins I feel have substantial medium/long term potential, so the short term moves are mostly background noise for me. Doing this helps make the crypto space a lot less stressful for the most part.
Cara yang sangat bagus @cryptobobby
i think these dips are due to crypto's infancy, once the korean regulation is finished and finalized it will surge once again. Likewise for china and others
Buffet also says that we will not invest in something he doesn't understand so why would we expect him to back it up. This is a Jamie Dimon scenario because once people in his organization find out the benefits of blockchain technology potential in their insurance and energy business, they will invest in it too.
I bought 250 ripple early December,for 20p each, and watched it rise to £2.50, now though it sits at £128 as I type, and still sinking faster than the titanic, I should have sold at £2.50.
Oh well lesson leant.
nice post! upvoted and followed, if nothing else for the line
"some people get emotionally attached to their crypto... they love it, they wanna hug it..."
on the floor