I'm left remembering a time when XLM and XRP were the same price...
I'm also remembering reading once where some guy said, "Never sell any of your crypto"
Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP?
I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like!
Quoting: AxX The original Zerp thread. Guy said his bro in law a Canadian bank exec told him never sell any crypto especially xrp. Never voluntarily talked about his work but for this...
As for selling xrp for a profit, why sell that you can leverage for a lifetime. It may not be Nexo, but Flare or XUMM or who knows what else....
I copied it and kept it:
"Got a cousin that works at Royal Bank of Canada (head office in Toronto). Works in the upper administrative department. Decided to pick his brain about XRP and other cryptos (he never volunteers any info, I always have to ask very specific questions and usually he just resorts to “yes”, “no”, “maybe”, or “I dont know” kind of answers, but I know he definitely knows more). He knew of the looming financial crisis of 2008 and gave hints about it back as early 2006, but I was too stupid to listen and pay attention to what he was saying back then.
Called him up thinking I’d get nothing. Boy was I wrong!
Specifically asked him had he heard anyone mention XRP/Ripple at all, ever, at work. He said yes. Asked him if he had heard anything (from rumors to real factual info) about interest in partnerships with Canadian banks in conjunction with XRP/Ripple. He said maybe.
Asked him whether it would be good idea to sell off XRP (that I was thinking about selling off a good portion if it hit the $5-$10 mark to make a nice profit). He said no.
Then he said something that I never thought he would say. He said whatever crypto-currencies I had, no matter what they were, no matter how little or a lot, to never sell them. I asked him why and wouldnt it make sense if you could turn around and sell it for a nice profit if you could. Again he said no dont do it. Kept prodding to find out why specifically he would say that, he just kept saying “DONT!”, “DON’T DO IT”. He got pissed off at me for prodding, so I apologized and backed off.
I wonder what the hell he knows.
Any idea what to make of “dont get rid of any cryptos you have”? Why not? Doesnt make sense. If you have a crappy performing crypto why not get rid of it?"
Quoting: Gordy7789
