#shareYourThoughtOnXRP
Its price is currently fluctuating at 2.2 ~ 2.4. If anyone buys it at this price and thinks it will go up, your stop loss should be set at 1.5 or 1.
At this level, you will definitely lose money if you sell, but there is a reason, because if you sell at 2 or 1.9, if it goes up to 2.5 then 3, then 4 or 10, then if you buy, you will not know if you bought at the top of the price or not. Therefore, you should accept a certain loss for the investment that you think will go up when the price drops to a certain level.
If you buy at 2.2 ~ 2.5 and the price starts to go up to 2.9 then 3 then 4 then 6 or even 10, you will not know whether to sell to make a profit or continue to wait for the price to go higher to sell, then it is best to sell gradually at a rate of 10%, then 20% or 30% because that way if the price drops quickly and you cannot react in time, you still do not have to worry about losing capital. And if the price goes up further, you still have assets to convert to USD.
In general, the ups and downs of $XRP at 1.9 are acceptable. If it goes down further, you should start thinking about selling it or keeping it for the future.
#XRP #CryptoHistoricMoment #CryptoZombieUprising #CryptoMarketHype $XRP