𝗧𝗵𝗿𝗲𝗮𝗱 𝗼𝗻 𝐗𝐑𝐏/𝐑𝐢𝐩𝐩𝐥𝐞 🐳

I've been an active $XRP Investor since 2013. I've spent lots of time researching + comparing alt coins, and have XRP ranked at the top.

$XRP is promising project, with an even more promising future for long term Investors, here's why:
#XRP is a digital asset utilizing Distributed Ledger Technology like #Bitcoin but that's where the similarities stop.

🕒XRP is x1000 faster than $BTC (3-4 seconds)
💰XRP is x1000 cheaper than $BTC (> $0.01)
🌳XRP is better for the environment (no mining)
⚖️XRP is more scalable
Ripple is the 𝕆ℕ𝕃𝕐 company on the market that is actively pushing for regulations.

They've been working closely with government agencies to ensure they are fully compliant.

This gives XRP a huge advantage compared to other alts which will eventually vanish.
Data shows that 79% of XRP Investors fell victim to FOMO during the 2017 pump and dump.

This has spawned lots of haters for XRP since many had lost money, which created a subconscious negative bias against the coin.
𝐗𝐑𝐏's 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝 📊

While many criticize XRP for being "dead", that is certainly not the case.

XRP is up over 10,000% since inception. The logarithmic scale also shows we're just seeing a similar trend we saw in 2015-2017.
𝐖𝐡𝐞𝐧 𝐭𝐨 𝐚𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐞?

I'm currently on the sidelines waiting for a perfect opportunity to go all in.

My previous long calls were in March, but I've since taken profit above 30 cents. All alts will likely follow BTC's reversal.
Another strategy which works for many is to simply hold their position, and accumulate more as we drop.

This is known as dollar cost averaging, and is an effective trading strategy that I also recommend.
I will be sharing my thoughts on Twitter when I think we've bottomed out.

I understand that this coin isn't for everyone, and by no means am I forcing anyone to buy/sell.

Please do your own research, and if it's something you like, then hop on during the next capitulation.

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More from @CryptoWhale

15 Sep
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗧𝗶𝗽 - 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 🎯

Risk Management is the most important and misunderstood topic in Investing.

This thread will talk about how to effectively manage risk, and avoid substantial losses.
𝟭. 𝗦𝘁𝗼𝗽 𝗟𝗼𝘀𝘀𝗲𝘀

A stop-loss is designed to limit an investor's loss on a position that makes an unfavourable move.

One key advantage of using a stop-loss order is you don't need to monitor your trades daily.
A stop loss must be based on 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘢𝘯𝘢𝘭𝘺𝘴𝘪𝘴.

A stop loss must be placed at the 𝘪𝘯𝘷𝘢𝘭𝘪𝘥𝘢𝘵𝘪𝘰𝘯 𝘭𝘦𝘷𝘦𝘭.

This is the price point which your thesis is 𝘱𝘳𝘰𝘷𝘦𝘯 𝘸𝘳𝘰𝘯𝘨.
Read 11 tweets
8 Jul
Human psychology is studied by many investors because of how influential it is on ones trading behaviour.

It's something that every good investor should learn about.

This thread will provide 8 tips for effectively controlling your emotions while trading.
1. Make sure to not over trade:

Often when someone is on a winning streak, they will feel invincible. They will open several more trades as they think they will all be winners as well.

This over-confidence often results in massive losses
and sometimes erase all prior gains
2. Don't stare at profit/loss while trading:

People who do this experience a surge of emotions. To most traders, this figure is an expression of ones success.

As long as you have stop losses set, and are following trading rules, you are protected.
Read 10 tweets

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