My $XRP Story Which Might Help the Crypto Beginners
Last year when I started trading, I heard a lot about XRP... the coin was around $0.6 at that time (as far as I guess)... There were a lot of positive articles and tweets, saying that XRP will go very high and will soon cross $1... The expert analysts on X (formerly twitter) had so many positive things to say... I also heard that it will reach $3 by March 2024... Anyway being a new trader and not knowing much I invested in XRP ... and guess what!! it dumped to 0.4 😳 I lost my money and as I was a new trader I sold at loss instead of waiting patiently.... it never reached $3 by March.
Last month when I saw that XRP was at 0.9 I bought it back... by this time I learnt a bit about crypto trading, through some expert analysts on binance square, I tried to figure out myself if I am investing on the right time or not, I didn't invested my whole money on xrp, but I started investing with a very little amount. I bought each dump and I really feel satisfied. Although these markets are unreliable it can go down it can go up... but smart work and understanding for crypto will save you...
I learned the following lessons from my xrp story:
1. Do not invest your whole money on a single coin. 2. Always invest a little amount and then wait and see where the coin is going. 3. Always be patient, if you have bought a coin never sell at loss. 4. Always keep an eye on all news, articles, and analysis but always use your own brain, because it's your money. 5. No matter how expert an analyst is, no one can predict the market 100% as crypto is a volatile market...
I hope you like my XRP story and learn some lesson from it, specially if you are new here...
I am sharing an article today, this is a trending topic today in crypto world. I hope it is helpful 😊
Here is the article which will tell you why xrp is rising This is not a financial advice. DYOR.
Ripple Gets Approval for RLUSD Stablecoin from NYDFS
Good news for Ripple! The New York Department of Financial Services (NYDFS) has officially approved Ripple’s stablecoin, RLUSD. Ripple’s CEO, Brad Garlinghouse, shared the news on social media platform X (formerly Twitter). He mentioned that Ripple will announce the launch of RLUSD soon. What is RLUSD, and Why is This Approval Important? RLUSD is a stablecoin created by Ripple, designed to have a stable value. This final approval from the NYDFS is a big step, as it allows Ripple to officially la
$XRP is moving upwards really fast, I hope it reaches $3 soon... I hope you some of you are already enjoying your profits and others are near their profits
Profits and success is for those who are patient ... I told you when there was a dip, to be patient and hold, also I told you not to convert to usdt... I hope some of your coins have started moving upwards 😊 Good luck to everyone but be cautious of the next dip $BTC $XRP
I started trading last year, exactly in the same days. And as soon as I bought the coins, the market started crashing on the same day. There was no one to tell me not to sell on dumps or don't be panic. But to all the new investors who have started crypto trading recently, I am here to tell you, if you will be patient you will get great rewards in future 😊 just be patient.
This is a hard time for everyone. Don't panic and don't sell your coins at dump , you will loose your money. Just wait patiently. It might take a week or more but everything will be fine in the end.
The market looks so scary... the same thing happened last year December. The best way is to hold, buy more at dip (if you have money)... Wait patiently for the coins to reach the new heights... Do not sell, or you will end in loss. Just be patient... Everything will be fine
Started Binance with 700 USDT back 3 months. Today my portfolio is almost touching 1300 USDT, although I lost a handsome amount in future trading....I think not bad...