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Do you think, its wise to trade with XRP and make profit at the short time??

  • Thread starter Thread starter Sincerem
  • Start date Start date
Of course it is a very possible attempt for one to trade the ripple coin for a short time and make profits. You make profits from the daily slight movement of the coins price to get in or get out accordingly
 
It is not a bad thing to make short returns with any coin even with the XRP as our main aim in the crypto platform is to make money. Personally, I can change any coin to short term or long term earning any time as I am only watching for slightest opportunity to take advantage of and it could be with any of the coins I am holding.
 
It's good idea to trade ripples looking at how the price keep appreciating that time. But now that the price is not appreciating it is good to invest in it and wait till when it appreciate again. But this required long time investment because it will take longer time before it appreciate as it do in February.
 
I think that it would be good to trade volatile assets and make a lot of profits if you have the necessary skills and overall I think that it is a good project.
 
These days when every currency you know are dropping the value, I do not think you can actually make money from short term investment either from ripple or any other coins.
 
Sincerem said:
With the high volatility around XRP, that will make a trader to lose his or her funds quickly and at same time gain quickly in the short time investment. The coin went down from $0.47 to $0.37 in the last 12, causing panic amongst traders.

Do you think it will be wise for me to take advantage to trade this coin with a view of expecting it go higher again??
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I think it's good to trade in XRP. When the price goes down it's a signal for you to buy. When the price goes up it's a signal for you to sell XRP. The problem there is if the price just keeps on going down and never up.
 
jeff87 said:
I think it's good to trade in XRP. When the price goes down it's a signal for you to buy. When the price goes up it's a signal for you to sell XRP. The problem there is if the price just keeps on going down and never up.
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Do you know that buying coins during Saturday especially and selling from Monday to Thursday have produced 80% result in the last six months?? That's what i do sometimes. Just follow up the coins during weekend, you'll see that they experience price drop.
 
Trading of volatile currencies is one tut you can benefit a lot from if you do it properly and have the knowledge so if you have then you should do it .
 
I feel.thisntyoenif coin might make you stay in a very tight coner for a long time as the coin don't really have the liquidity or volatility in it's price action chart
 
XRP is around 66 cents at the moment, which isn't bad, considering the uncertainty it faced earlier time, when no one thought it will still be tradable up to this time.
 
Your decision will be wise if you make profits, and your decision will be unwise, if you make loss. Decision cannot be wise or unwise, the results will determine whether the decision is wise or unwise.
 
Sincerem said:
With the high volatility around XRP, that will make a trader to lose his or her funds quickly and at same time gain quickly in the short time investment. The coin went down from $0.47 to $0.37 in the last 12, causing panic amongst traders.

Do you think it will be wise for me to take advantage to trade this coin with a view of expecting it go higher again??
Click to expand...
Very wise... This i have learn in the course of trading in crypto... Xrp as the ability to flunctuate in a very big way such makes it one of the traded coin in crypto...
 
Dowenship said:
Very wise... This i have learn in the course of trading in crypto... Xrp as the ability to flunctuate in a very big way such makes it one of the traded coin in crypto...
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XRP coin us now $1.18 at present. The coin is gradually moving up, reaching $2 marl its simply the aim. I know it will take some time for it to get there.
 
Sincerem said:
XRP coin us now $1.18 at present. The coin is gradually moving up, reaching $2 marl its simply the aim. I know it will take some time for it to get there.
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Did you know that some years back xrp as been traded at $3 before, took now its yet to get to $3 despite that Xrp is still one of the top 10 in crypto space.
 
Dowenship said:
Did you know that some years back xrp as been traded at $3 before, took now its yet to get to $3 despite that Xrp is still one of the top 10 in crypto space.
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I never knew this coin XRP traded earlier on at $3.00. I'll go and make researches about that, to know the exact year when the coin traded at that level.
 
Trading the coin at the short term is simply the best. With the right signal one can make huge amount of investment return around XRP coin.
 
I think the best thing to do is to invest in xrp for a very long period of time. The coin had huge potential to make huge amount of money for Investors in the long run
 
Wether it a wise choice of action or not i cant say. It is obviously going to be on you because I don't think you would have suddenly just come to that conclusion without doing your own research before investing
 
Any one has his or her own wish when it comes to XRP coin investment. You can hold long time it might work for you that way than when you invest short term.
 
It is very possible to earn trading ripple in short term. Because there is no coin that can not be traded in short term and make profit apart from the the coin that don't fluctuates in price
 
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