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The XRP Investor Thread

 
Luminous Epinoia  (OP)

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11/19/2021 02:25 PM
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Consciousness is a microcosm of oneness.
T-Man
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11/19/2021 02:31 PM

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Re: The XRP Investor Thread
How can this be happening? They're literally not stablecoins....


 Quoting: Luminous Epinoia


imagine paying more than 1$ for that tho?
why would anyone?
pool
~the world needs change~

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11/19/2021 02:32 PM

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Re: The XRP Investor Thread
How can this be happening? They're literally not stablecoins....

 Quoting: Luminous Epinoia


The dumb one here asks, is it a tether issue?
They've lost their religion, they've lost their parents; their identity lay with the estate.
Luminous Epinoia  (OP)

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11/19/2021 02:34 PM
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Re: The XRP Investor Thread
How can this be happening? They're literally not stablecoins....


 Quoting: Luminous Epinoia


imagine paying more than 1$ for that tho?
why would anyone?
 Quoting: T-Man


I've always used stablecoins as a bridge to get in and out of positions. I've actually used USDC in the past too. If I ever saw it at $1.32 during a transaction I'd freak out.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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11/19/2021 02:38 PM
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Re: The XRP Investor Thread
How can this be happening? They're literally not stablecoins....

 Quoting: Luminous Epinoia


The dumb one here asks, is it a tether issue?
 Quoting: pool


This is different. I've never seen tether's price come off a dollar. Tether prints coins out of thin air and washes them through BTC for real money. Tether isn't backed by actual dollars so it's basically the fed printing worthless money and then turning those pieces of paper into a tangible asset.

Here stablecoins are supposed to always be a dollar. So in the past, when I have exited out of an XRP position, I turned it into a stablecoin (usually DAI), waited for the price to drop, and then converted my DAI into XRP at a much better entry point. This is because the stablecoin was always worth a dollar. Imagine exchanging for a stablecoin that was actually $1.32 and losing 32% of your exchange because the truth was that it wasn't actually ever a stablecoin.

This is some messed up shit.

Last Edited by Luminous Epinoia on 11/19/2021 02:40 PM
Consciousness is a microcosm of oneness.
T-Man
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11/19/2021 02:46 PM

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Re: The XRP Investor Thread
How can this be happening? They're literally not stablecoins....


 Quoting: Luminous Epinoia


imagine paying more than 1$ for that tho?
why would anyone?
 Quoting: T-Man


I've always used stablecoins as a bridge to get in and out of positions. I've actually used USDC in the past too. If I ever saw it at $1.32 during a transaction I'd freak out.
 Quoting: Luminous Epinoia


good point. ive used it too but never checked the price first lol
Abe Froman

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11/19/2021 02:53 PM
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Re: The XRP Investor Thread
The more and more I read about this, the more I can only see moving the majority of all of my XRP over for this.


 Quoting: Luminous Epinoia


Dude, it crosses my mind every day. But I feel that my airdrop will be just right. I dont want to be greedy, and I know the name of the game is to make as much money as possible. But I have a feeling this will be the biggest monetary airdrop in the history of crypto.

I feel my airdrop will be worth 2 million in no time. It's going to be much like a Binance coin in value. Look at the amount of solo available.

The reason why I want the XRP that I have is the fear of my xrp mooning at any second. Lol. I still feel that xrp is the end all be all in crypto.


In the end, I feel I will have enough money to live very comfortably for the rest of my life and my kids lives.


This crypto shit is the future and we are in very very early.
 Quoting: Abe Froman


First of all Abe, thanks for starting this up here. I sift through enough twitter and there's a lot of shitcoin airdrops that go on that I don't give credence to. This is completely different to me.

I'm glad there's a month to sort all of this out as I'm really trying to figure out what the best strat is for this. First of all, do you have a recommendation on where to straight up buy SOLO? I saw this link and some of the exchanges I am unfamiliar with.

[link to www.sologenic.com (secure)]

My real dilemma right now is what to do with the XRP. I'm with you man, XRP is the be all end all for me. Been saving for four years for a reason and if I missed out on it mooning because I greedily went for an airdrop, I may never be heard from again. So what's the best way to go? Receiving 5 SOLO instead of .2 is a massive difference. Do you convert your XRP hours before the snapshot to SOLO, then convert back after it's taken?

You're clearly the best source of knowledge on this so I appreciate your thoughts on this and what you're thinking.

BTW you are right, we are all very very early.
 Quoting: Luminous Epinoia




Well dude, this what I did. All year I have been accumulating XRP. As much as I can. Then I saw the Solo drop. I was very lucky and entered at around 11 cents. I bought 500 thinking a 2500 airdrop is incredible. Then I started reading a little more. I figured a 10000 airdrop is even better. I bought in again at around 1.60?? I just looked at the numbers and the risk. In my case I had made more than expected xrp through other airdrops.

I said, Fuck it. 10000 of anything is good. I kept thinking, even if its worth 50 cents by the time it drops, that's 5000 dollars. That's 5000 dollars I could put back into xrp.


I know damn well its going to be worth more eventually. And its going to be free. This shit will peak right before the snapshot. After the snapshot I'm trading all my current Solo back to XRP. Probably tripling or 5x my xrp bag.

Then I wait for the solo drop. And I'm holding all of it.




I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.

Last Edited by Abe Froman on 11/19/2021 02:57 PM
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pool
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11/19/2021 02:54 PM

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Re: The XRP Investor Thread
Luminous, why do you choose DAI instead of a usd?
They've lost their religion, they've lost their parents; their identity lay with the estate.
Luminous Epinoia  (OP)

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11/19/2021 03:10 PM
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Re: The XRP Investor Thread
The more and more I read about this, the more I can only see moving the majority of all of my XRP over for this.


 Quoting: Luminous Epinoia


Dude, it crosses my mind every day. But I feel that my airdrop will be just right. I dont want to be greedy, and I know the name of the game is to make as much money as possible. But I have a feeling this will be the biggest monetary airdrop in the history of crypto.

I feel my airdrop will be worth 2 million in no time. It's going to be much like a Binance coin in value. Look at the amount of solo available.

The reason why I want the XRP that I have is the fear of my xrp mooning at any second. Lol. I still feel that xrp is the end all be all in crypto.


In the end, I feel I will have enough money to live very comfortably for the rest of my life and my kids lives.


This crypto shit is the future and we are in very very early.
 Quoting: Abe Froman


First of all Abe, thanks for starting this up here. I sift through enough twitter and there's a lot of shitcoin airdrops that go on that I don't give credence to. This is completely different to me.

I'm glad there's a month to sort all of this out as I'm really trying to figure out what the best strat is for this. First of all, do you have a recommendation on where to straight up buy SOLO? I saw this link and some of the exchanges I am unfamiliar with.

[link to www.sologenic.com (secure)]

My real dilemma right now is what to do with the XRP. I'm with you man, XRP is the be all end all for me. Been saving for four years for a reason and if I missed out on it mooning because I greedily went for an airdrop, I may never be heard from again. So what's the best way to go? Receiving 5 SOLO instead of .2 is a massive difference. Do you convert your XRP hours before the snapshot to SOLO, then convert back after it's taken?

You're clearly the best source of knowledge on this so I appreciate your thoughts on this and what you're thinking.

BTW you are right, we are all very very early.
 Quoting: Luminous Epinoia




Well dude, this what I did. All year I have been accumulating XRP. As much as I can. Then I saw the Solo drop. I was very lucky and entered at around 11 cents. I bought 500 thinking a 2500 airdrop is incredible. Then I started reading a little more. I figured a 10000 airdrop is even better. I bought in again at around 1.60?? I just looked at the numbers and the risk. In my case I had made more than expected xrp through other airdrops.

I said, Fuck it. 10000 of anything is good. I kept thinking, even if its worth 50 cents by the time it drops, that's 5000 dollars. That's 5000 dollars I could put back into xrp.


I know damn well its going to be worth more eventually. And its going to be free. This shit will peak right before the snapshot. After the snapshot I'm trading all my current Solo back to XRP. Probably tripling or 5x my xrp bag.

Then I wait for the solo drop. And I'm holding all of it.




I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.
 Quoting: Abe Froman


Wow. Amazing dude. 11 cents is a helluva entry point. Very impressive. I didn't realize you could buy straight from XUMM, I thought it was simply a wallet. Does it do exchanges also? Or what's the easiest way to convert XRP into Solo or vice versa?

Can't thank you enough for the advice. This is serious loot.

Last Edited by Luminous Epinoia on 11/19/2021 03:11 PM
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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11/19/2021 03:11 PM
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Re: The XRP Investor Thread
Luminous, why do you choose DAI instead of a usd?
 Quoting: pool


I heard bad things about USDC and wanted to make sure I was in a good place with my exchange. At the time DAI seemed the most secure and stable so I went with that.
Consciousness is a microcosm of oneness.
AxX

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11/19/2021 04:49 PM

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Don't mind those... I was just moving my bag from Ledger to Xumm.
roflmao
Energy flows where focus goes.
AxX

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11/19/2021 04:50 PM

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Re: The XRP Investor Thread
Wow. Amazing dude. 11 cents is a helluva entry point. Very impressive. I didn't realize you could buy straight from XUMM, I thought it was simply a wallet. Does it do exchanges also? Or what's the easiest way to convert XRP into Solo or vice versa?

Can't thank you enough for the advice. This is serious loot.
 Quoting: Luminous Epinoia

If I may interject...

On Xumm, after you add the TrustLine (SOLO), then TAP SOLO, it'll bring up another page for "Send | Exchange | Remove"

Hit Exchange.

You can then swap back and forth from XRP/SOLO to convert.
Energy flows where focus goes.
Luminous Epinoia  (OP)

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11/19/2021 05:19 PM
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Re: The XRP Investor Thread
Wow. Amazing dude. 11 cents is a helluva entry point. Very impressive. I didn't realize you could buy straight from XUMM, I thought it was simply a wallet. Does it do exchanges also? Or what's the easiest way to convert XRP into Solo or vice versa?

Can't thank you enough for the advice. This is serious loot.
 Quoting: Luminous Epinoia

If I may interject...

On Xumm, after you add the TrustLine (SOLO), then TAP SOLO, it'll bring up another page for "Send | Exchange | Remove"

Hit Exchange.

You can then swap back and forth from XRP/SOLO to convert.
 Quoting: AxX


Please interject! I appreciate all advice. That is really user friendly. I had originally setup a wallet in conjunction with xrptoolkit but then never used it or looked into it so I'm for sure a noob to XUMM. Thanks AxX!
Consciousness is a microcosm of oneness.
Abe Froman

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11/19/2021 05:36 PM
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Re: The XRP Investor Thread
.You're welcome brother.

There is also a github DeX that you can exchange for all kinds of shit. I have not used it yet. I just exchange straight from xumm. I started using xumm when I got into CSC "CasinoCoin". That's how I learned about trustlines. I had bought CSC on bitrue then transferred it over because of tips I could get through another site and Twitter. I no longer have CSC.


When you add the solo trustline, you can just trade xrp from there. And vice versa. That's where I'm trading back to xrp after the snapshot.

Last Edited by Abe Froman on 11/19/2021 05:38 PM
Crap
Abe Froman

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11/19/2021 05:41 PM
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Re: The XRP Investor Thread
Get to know the xumm wallet. There are apps within the wallet. I think there are even games and shit.
Crap
Luminous Epinoia  (OP)

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11/19/2021 06:35 PM
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Re: The XRP Investor Thread
.You're welcome brother.

There is also a github DeX that you can exchange for all kinds of shit. I have not used it yet. I just exchange straight from xumm. I started using xumm when I got into CSC "CasinoCoin". That's how I learned about trustlines. I had bought CSC on bitrue then transferred it over because of tips I could get through another site and Twitter. I no longer have CSC.


When you add the solo trustline, you can just trade xrp from there. And vice versa. That's where I'm trading back to xrp after the snapshot.
 Quoting: Abe Froman


For real thank you. I have a group of people that I email larger XRP happenings to and I sent them all the info. I've tried to get them over to the thread but for some reason they don't visit GLP. Anyways the amount of people that see this info is large so all of this is greatly appreciated.
Consciousness is a microcosm of oneness.
General Maxwell Taylor

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11/19/2021 08:14 PM
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Re: The XRP Investor Thread
The name for these non custodial crypto access points says much. Wallet. They are telling you in advance what will replace the billfold. As exchanges and crypto companies and affiliated custody enterprises will replace banks.....and for the coup de grace, you don't create World Government by shoving it down throats. You create a system that everyone wants to participate in.

Lenin said the quickest way to overthrow a nation is to 'debase the currency.' I suspect the inverse is true the quickest way to create a governing body/regime/paradigm is by adoption and promulgation of a rapidly growing asset class. A corporate run world institution.

Again the 4 year cycle is over. Yes, we will see ebbs and flows in the market. But massive spikes and declines are over for the whole. (When the experts say one thing, 10X blow off the top, know that they are probably wrong). The Alts are ready for modest gains as the moneyed class moved out of BTC to go after the coins that shall usher in the new world. Is XRP still on hold? Because when it goes it may not stop, there won't be anything modest when clarity and use case are specified.

All of you are doing great, every day you peel away another layer from the onion to see what the future holds....Most humans are way behind the curve...Peace
General Maxwell Taylor
pool
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All of you are doing great, every day you peel away another layer from the onion to see what the future holds....Most humans are way behind the curve...Peace
 Quoting: General Maxwell Taylor


Alright Sir, we need more than your sayonara.
They've lost their religion, they've lost their parents; their identity lay with the estate.
nemo_solus

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11/19/2021 08:49 PM
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Re: The XRP Investor Thread
How can this be happening? They're literally not stablecoins....

 Quoting: Luminous Epinoia


The dumb one here asks, is it a tether issue?
 Quoting: pool


The smartest people I know are the ones who ask "dumb questions" :)
pool
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11/19/2021 08:52 PM

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The smartest people I know are the ones who ask "dumb questions" :)
 Quoting: nemo_solus


You're kind. :) tyvm
They've lost their religion, they've lost their parents; their identity lay with the estate.
spEKTre

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11/19/2021 08:52 PM
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Re: The XRP Investor Thread
I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.


I can see it now....24th Dec Airdrop, everyone has their XRP in XUMM Wallet and bang its all gone. XUMM gets haqed and we all lose our bags.
pool
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11/19/2021 08:54 PM

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Re: The XRP Investor Thread
I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.


I can see it now....24th Dec Airdrop, everyone has their XRP in XUMM Wallet and bang its all gone. XUMM gets haqed and we all lose our bags.
 Quoting: spEKTre


Is anyone protecting xumm from this?
They've lost their religion, they've lost their parents; their identity lay with the estate.
Abe Froman

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11/19/2021 09:06 PM
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Re: The XRP Investor Thread
I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.


I can see it now....24th Dec Airdrop, everyone has their XRP in XUMM Wallet and bang its all gone. XUMM gets haqed and we all lose our bags.
 Quoting: spEKTre


Is anyone protecting xumm from this?
 Quoting: pool


No doubt this has crossed my mind. We should all be cautious. But I do know xumm is very secure. They also have a xrp forensics team. I feel that xumm is pretty safe. Your keys are pretty secure and it cant be pin swapped by phone. Since xumm doesn't use your phone number.
Crap
nemo_solus

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11/19/2021 09:07 PM
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Re: The XRP Investor Thread
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?

Last Edited by nemo_solus on 11/19/2021 09:09 PM
nemo_solus

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11/19/2021 09:14 PM
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Wow. Amazing dude. 11 cents is a helluva entry point. Very impressive. I didn't realize you could buy straight from XUMM, I thought it was simply a wallet. Does it do exchanges also? Or what's the easiest way to convert XRP into Solo or vice versa?

Can't thank you enough for the advice. This is serious loot.
 Quoting: Luminous Epinoia

If I may interject...

On Xumm, after you add the TrustLine (SOLO), then TAP SOLO, it'll bring up another page for "Send | Exchange | Remove"

Hit Exchange.

You can then swap back and forth from XRP/SOLO to convert.
 Quoting: AxX


Thanks for the explanation AxX!

I missed that feature path when first setting up the XUMM wallet and Solo trustline and used the dex xApp instead. Doing the direct exchange is the easier way to go, for sure!
pool
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11/19/2021 09:23 PM

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I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?
 Quoting: nemo_solus


So very helpful. hugs
They've lost their religion, they've lost their parents; their identity lay with the estate.
442

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11/19/2021 09:26 PM
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Can xrp reach ten dollars at some point?
pool
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11/19/2021 09:43 PM

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Re: The XRP Investor Thread
Is CB trolling or stollen?

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Veritasman

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11/19/2021 09:51 PM
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Re: The XRP Investor Thread
A couple things/rules before I start this:

1. I am not affiliated with any prior XRP poster here. Yes I've posted on many threads but I am not one of them. I do not recruit, I don't care about other sites. GLP has been my home for 20+ years. If anything, I bring people here. I've met many GLPers IRL so this is not an attempt at anything other than discussion. They can vouch for it.

2. If you're an asshole, you're out of the thread for good. If you're a cointelpro, chicom, 3.50 shill, you can fuck right off. If I have to turn off AC posting, I'll do it in two seconds. I've never cared about what you think, nor will I ever. You play for the wrong team and your shill opinions don't matter. There's enough of you on the boards that you don't need to be here.

3. With that said, dissenting opinions are welcome. I'm not looking for an echo chamber, I'm looking for real talk. I'll tell you right now that I'm an XRP maxi but that doesn't mean my mind isn't malleable. Things change. I've reinvented myself so many times in life and I plan to do it more. If XRP shows me something to get out, I'll for sure cut my losses.

4. There are a lot of good posters in this community that belong in good XRP discussion and I hope they come around. ARK, grove street, My Foolish Daydream, T-Man, pool, Vision Thing, brian frees, Abe Froman.....the list goes on and on I'm missing a lot of the top of my head but these are legit people who know what's coming. Their insight is invaluable. We had a good thing going. I'm bringing this back in a transparent way.

----

That's the honest truth here. If it's not for you then no worries. However there's a lot of good people around these boards and my hope is to bring them around again. In the just way, not what happened in the past.
 Quoting: Luminous Epinoia



I invested in XRP in 2017. It is a JOKE. and anything JUSTIN "scam" SUN is involved in is beyond words.

You want to know what is doing fantastic?

DOGEDASH
Veritasman
bodhidharma

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11/20/2021 12:27 AM
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Re: The XRP Investor Thread
A couple things/rules before I start this:

1. I am not affiliated with any prior XRP poster here. Yes I've posted on many threads but I am not one of them. I do not recruit, I don't care about other sites. GLP has been my home for 20+ years. If anything, I bring people here. I've met many GLPers IRL so this is not an attempt at anything other than discussion. They can vouch for it.

2. If you're an asshole, you're out of the thread for good. If you're a cointelpro, chicom, 3.50 shill, you can fuck right off. If I have to turn off AC posting, I'll do it in two seconds. I've never cared about what you think, nor will I ever. You play for the wrong team and your shill opinions don't matter. There's enough of you on the boards that you don't need to be here.

3. With that said, dissenting opinions are welcome. I'm not looking for an echo chamber, I'm looking for real talk. I'll tell you right now that I'm an XRP maxi but that doesn't mean my mind isn't malleable. Things change. I've reinvented myself so many times in life and I plan to do it more. If XRP shows me something to get out, I'll for sure cut my losses.

4. There are a lot of good posters in this community that belong in good XRP discussion and I hope they come around. ARK, grove street, My Foolish Daydream, T-Man, pool, Vision Thing, brian frees, Abe Froman.....the list goes on and on I'm missing a lot of the top of my head but these are legit people who know what's coming. Their insight is invaluable. We had a good thing going. I'm bringing this back in a transparent way.

----

That's the honest truth here. If it's not for you then no worries. However there's a lot of good people around these boards and my hope is to bring them around again. In the just way, not what happened in the past.
 Quoting: Luminous Epinoia



I invested in XRP in 2017. It is a JOKE. and anything JUSTIN "scam" SUN is involved in is beyond words.

You want to know what is doing fantastic?

DOGEDASH
 Quoting: Veritasman


tron, justin sun is to be avoided for sure, also litecoin with the owner dumping at the top

but
in the years to come most all cryptos will be dead, is02022 compliant tokens like xrp will not
enjoy your short term gains though, why not!
"We are living in times where all deceptions will be revealed"
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