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RE: Keep Buying Ripple Noobs!!

in #bitcoin7 years ago

I have seen people tell “n00bs” to stay away from Ripple since it was under $0.03. And since it was at $0.03. Then $0.20. Then $0.70. Then $1.20. And now when it’s at or above $2.00.

If we’ve learned anything at all about investing, it’s that institutions and investors/traders go with what they know and understand. Ripple is familiar to them. They will invest in it.

And if we’ve learned anything at all about cryptos and crypto traders, it’s that they will buy or pump literally any token at some point.

So, continually telling all of the “n00bs” to “stay away from that shitcoin!” is just bad trading advice, especially if it’s based purely on political ideology. Trading is about making profits. There’s little or no room at all for politics and emotions. And telling people to never touch a certain token, then watching that token increase thousands of percent in value only results in extreme dissatisfaction with the one giving the bad advice. It’s not a good way to welcome new people into the larger crypto community.

I’m glad I ignored the advice I was given about Ripple. I bought it at $0.03. I sold it all the way up to about $0.80. I should have bought more and held it longer. I would have much more money for my preferred tokens right now.

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Buy and sell with profit, dont like for ideology. Many have made money on Ripple. I prefer other coins or tokens but we each have our opinions. My advice on any coin is investigate because as you say juat about any coin will get pumped sooner or later and has potential for a profit.

Very well said.

ats for witness 2018

“Block-change you can believe in!” TM

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