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RE: Quick XRP - Ripple Update. 1 of many possibilities. Check out my analysis below!
Thank you for this, do you think selling some XRP at 2.3 and buying at the lower prices would be a good idea? I am talking about around 1000 XRP I can trade with. I have total of 2000 XRP. Your Cardano post was on spot, I would not like to miss an opportunity here :D
@phuzz man, im right probably less than 50% of the time lol. Getting a lot better but I would never recommend to buy or sell directly.
IF I WAS DOING IT... I probably wouldn't do that. BUT, I have to admit I have been trying to day trade/ swing trade just recently because I am bored lol. just trying it with a tad bit of $$ maybe I can make something of it.
hmmm, ok , I will try that with around 200 XRP, wont be much gains but more of a challenge, and if it works, I am buying you a drink, not a beer because I don't drink , but I will see what else is on the menu :D
lol I will take you up on that offer :)
I don't drink either!
while swing trading , place buy order for less than 5% of that price . If successful then sell at 10% gain . Mostly price just revolves up and down for hours Lol . If you are successful doing this for 30 days then you get 10x of original capital .
Irritating for me , Let me know if your buy sell ladder chart prediction is helping you in trading .
please explain that first part.
Place the buy for 5% less than the price?
Meaning something @ $10 I should set the price for $9.5?
and it will fill?
Then you said sell when I get 10% gain on that?
so around $11?
Im new to this type of trading and just playing around . but very interested in its possibilities. Although I wouldn't recommend for anyone new as it seems pretty hard, stressful and time consuming lol
It may get filled in 10 mins , 1 hour or 6 hr . Then sell order at 10% gain may be filled it 10 mins, 1 hr or 6hr Lol .You should check back after an hour , if not filled then you can place order on some other coin that you think may go down .
We never know!
This is the safest way i came across , earlier i used to place order at current price , then it would go down and come back to same price i placed order at Lol .
It happens because there are many bots trading for 1% gain , so getting 10% in a day everyday is like an achievement .
1000 become 13000 in one month if this is done successfully .
I used to place all 1000( assumed capital ) in 1 coin earlier , and if my targets does not reach i used to get stuck .
Now i plan to do with 10 coins of 100 each , in this case you wont be completely stuck if targets are not reached .
sell orders are upto you , buy order should always be less in trading . while selling you can wait an hour it may reach 20-30% up if you are lucky .
btw i only use 20% of my coin in trading because i only started trading like 1 week ago Lol .But the concept i developed is giving better return than hodling even then i would hodl my 80% and use the capital gains on my 20% to trade .