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XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
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[quote:nemo_solus:MV80NzcxMzkzXzg4NTY5ODc0X0FFNjcyNjFG] [quote:Mr. Cheeze:MV80NzcxMzkzXzg4NTY5NTgwXzI2NEE2RDlB] [quote:nemo_solus:MV80NzcxMzkzXzg4NTY5MzE5XzhBRDkxMkM1] [quote:Mr. Cheeze:MV80NzcxMzkzXzg4NTY5MDQzXzE1M0RCMUM3] [quote:nemo_solus:MV80NzcxMzkzXzg4NTY4OTczXzg5N0RCRUVF] [quote:Mr. Cheeze:MV80NzcxMzkzXzg4NTM4NDMwX0I0MjAzNjcz] Wait to short crypto until July 25th-30th. Ethereum will be around 2100$. Short it to 500$. Become rich. I still think there is one tiny relief rally up after crypto falls in a couple days. July 25-30th is the best short of your lifetime. Short 2100$ eth. Win. [/quote] Thanks for the thoughts and expectations. Still working out specifically how to do this as it's not something I've done before. [/quote] That timeline was before ethereum started posting hidden bearish divergence like CRAZY. The hidden bearish divergence signaled doom was coming and no upside would happen. So disregard that short price/date. Basically doom is coming faster than that and there will be no pre-doom pop upward. Shorting is very lucrative but you have to honestly be really good at it. You have to not leverage too high. You have to use a stop loss. You have to be okay losing 1-2% and cutting a losing trade before it gets too ugly. Never ever accept a loss over a 1-2%. Losing 1-2% is nothing. Losing 20% is horrific. Degenerate gambler losers don't use stop losses. Be a responsible adult and trade responsibly. Trading is profitable if you do it properly. It's not if you gamble. Gamblers always lose eventually. [/quote] Wise and Sage advice. Thank you! I'm not a fan of leverage and shorting in general. Even when long, I never knowingly (mistakes happen!) take a trade without a stop loss and take profit in place. Using bots makes this disciple much easier and reduces the emotions that come into play. The strategy is small but consistent net positive wins. Not looking to get rich overnight. Although I do not like the additional risk, after several years at this I also need to expand my skills and it's probably as good a time as any to give shorting a try. You are correct - gamblers always loose. I'll be cautious and responsible... :) [/quote] I believe shorting is infinitely easier than longing. I short ten times as often as I long because it's just so bloody easy in comparison. My win% on shorts is insanely better than my long win%. The best time to short crypto is usually when a 4 hour candle closes. There are 6 four hour candles in each day. Basically, every 4 hours of the day I am glued to the charts. I hunt for opportunity and if I find nothing I just come back 4 hours later. Obviously there's more to it than just shorting after a 4 hour candle closes. These are just the times I look for opportunity. I also am twice as interested when a daily candle closes. I am a further twice as interested when a weekly candle closes. Weekly candle closes make you the best money. Weekly candle closes are often when trends change from bull to bear or from bear to bull. [/quote] Thanks for the tips - I'll be studying it and probably making some paper trades as practice first before going at it live. Any favorite platforms? I'm looking at Kucoin as I already have an account over there to trade XRP since the US exchange markets have shut it down. [/quote]
Original Message
Hey guys. I'm about to tell you something you do want to hear and something you don't want to hear. I'm going to tell you what you do want to hear first because I know how you guys cover your ears screaming
at the top of your lungs whenever someone says anything detrimental to the future of XRP's price.
____
Good News
____
XRP will moon one more time after where it is right now. It's looking like XRP will end the bull run around August at around 5$, maybe 5.50$.
___
Bad News
____
XRP is about to crash 50-70%. I think it's going to crash down to 43-50 cents and I think it happens in the next 3 weeks. It might not crash that far... but it's definitely crashing a ton. I think it will stay below a dollar for about a month. It will spend the next 2 months between 1-2$.
____
End Game
_____
So what I'm saying is if you want to buy XRP wait 2-3 weeks for this ultra crash to 43-50 cents.
Sell XRP when it hits 5$ in the end of august/beginning of september. It will be above 3.50$ (all time high) for 3-4 days, TOPS.
You guys will think the XRP bull run has just begun since it just finally broke all time high.
The reason it stops there is quite simple. XRP can only increase the same % that bitcoin increases. Bitcoin is going to 200k or so. That means bitcoin will go up 5000%. Essentially going up 50 times in value.
XRP bottomed at basically 10 cents. When XRP goes up in value 5000%, or 50 times in value... anyone. How much are 50 dimes worth? Congratulations. 5$.
XRP bullrun ends in August very near 5$. It will be above 3.50$ for 3-4 days, tops. You heard it here first. But you don't believe me. You believe XRP will go to 100$, or 500$, or 10000$. It's not. It's going to 5$. I'm hoping to help some of you actually make money this final moon in august.
Hopefully you believe i'm not an idiot when XRP drops to 43/50 cents in a few weeks.
Hopefully you believe me when XRP hits 5$ exactly in the middle of august to the beginning of september.
When both of those things happen... if you don't sell any of your XRP you deserve to be wrecked when it falls 90-95% in value over the next 2 years.
Some time in 2022/2023 XRP will be worth 30-40 cents again. Then we begin another very long and slow 4 year bull market. Welcome to crypto.
***Edit on 5/4/2021***
I now think xrp could be dumping down to 22-23 cents. I think the dump ends on may 20-22nd. We will see just how far down this goes. 43-50 was my initial target. It's now potentially 22-23 cents.
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