If you short it. your numbers gonna go down. Not financial advice.
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Kogafold
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Bearish
$XRP - Ripple holdings and Potential risks
You have to understand, everyone looks at their screen, their portfolios, they see number go up, number come down. You must realize one thing, THE NUMBER MUST COME DOWN.
It happened in 2018, It happened in 2021, XRP has a total blood bath in a month or so after starting it's parabolic bull run.
Ripple has Billions in XRP escrowed and releases 1 billion XRP every month from the total supply. Other than this you must realize the XRP whales, they have been holding millions of tokens before you bought your "1000" XRP for $0.5. It's laughable to say they will not sell, everyone sells, some at profit, most at a loss.
You have to understand, everyone looks at their screen, their portfolios, they see number go up, number come down. You must realize one thing, THE NUMBER MUST COME DOWN.
It happened in 2018, It happened in 2021, XRP has a total blood bath in a month or so after starting it's parabolic bull run.
Ripple has Billions in XRP escrowed and releases 1 billion XRP every month from the total supply. Other than this you must realize the XRP whales, they have been holding millions of tokens before you bought your "1000" XRP for $0.5. It's laughable to say they will not sell, everyone sells, some at profit, most at a loss.
$XRP search on X and you will not see a single post by Elon Musk about XRP. Their is a whole fake hype about XRP. There are no confirmations of any more market cap in XRP. Keep dreaming guyz and this fake hype will soon be over. Lot of fake news circulating about #elonMusk that he is entering $104 billion dollars in #XRP Why do you think that he will prefer XRP over Dodge? Come to reality. Maximum market cap of XRP is 100 billion and to reach $2.5 this needs almost 300 billion. Whole market cap of crypto market is 3.3 trillion. #XRP needs 3.5 trillion dollars to reach $30 according to its current supply. Market will dump as soon as this fake hype is over and XRP will keep on being rejected from $2 $BTC
- **Chart:** 1-hour candlestick chart showing a recent significant upward movement followed by a consolidation phase within a purple rectangular box.
### Analysis:
- **Bullish Momentum:** The significant recent price increase suggests bullish momentum. - **Consolidation Phase:** The current consolidation phase within the purple box indicates potential for either continuation of the upward trend or a reversal.
### Decision Guidance: - **Buying:** If you believe the bullish momentum will continue and the price will break out of the consolidation phase upward, buying could be a good option. Ensure you set a stop-loss order to manage risk.
- **Selling:** If you see signs of the price reversing or struggling to break out of the consolidation phase, selling might be safer to secure profits and avoid potential losses.
### Recommendation: Based on the current data and market sentiment, buying could be beneficial if the bullish trend continues. However, if you prefer to minimize risk and secure profits, selling might be the wiser choice given the potential for a reversal .. Follow me for more trade setups like this...
$SANTOS shorting a coin that is already down 43% being low cap is fullish. Is the same as playing with fire. Imagine that . If you don't buy when is low. Then what are we doing in market? If this coin is going up 100% as it did un the past. could lead on running your wallet. So what you can do best? well. consider buying. GLTYA
$SANTOS And this is how they grab your hard earned money. You buy santos being bulish that is going up. It will go up in some stage. But not before taking all your money. because let's he honest. coin is listed new on future pair. Who is selling is the question ?
Well :) Selfish whales that manipulate the price to the downside with the big amounts of cash flow that they have . Forcing all longs to sell lower for a loss. This is the world we live in. "Crypto currency. A new way of stealing people money "
$MOODENG when you see a coin like this with 1.7b volume. you should buy the dips and never short it. Because they are here to take shorts money. Ones most of you refuse to short markets. gonna be successful. 90% of my past trades has be lost shorting.