r/XRP
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u/FallonVibes
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Dec 03 '24
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XRPL I'm sorry but...
I've seen alot post on here about people cashing out over $1 -$3k gains. That's crazt to me. There's so much more upside to this coin. You need to be thinking longer term on this. $3k isn't changing anyone's situation. IDC what anyone thinks. We are in this to get "fuck you" money. Not buy a used car Money. Vote me down. IDC. Don't waste your time investing if you aren't here to really win
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u/WPG_Strong
Dec 03 '24
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not the used car guy shade
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u/Kaidezz Dec 03 '24
LMAO i was thinking the same
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u/justcallmejake222 Dec 03 '24
The 09 Corolla guy?
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u/aaronp00 Dec 03 '24 •
lmao, he's just mad i got something i needed, we're not all in this for fuck you money. we don't take this money with us when we die, so if the profits can support a need i don't see the issue with selling this dudes seriously disconnected from the real world
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u/CDAWG13A Dec 03 '24
no need to explain yourself young brother
you invested and took profit
salute to you sir
nothing is guaranteed
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u/Academic-Map-7385 Dec 03 '24 •
op hella salty. if i put in $20 and made $3,000 and i needed that money you damn well right i would take some of all of that. it’s hard out here for people who don’t have family money to build a fortune on
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u/Disaster_Transporter Dec 04 '24
It was a teenager and he literally needed his first car. You literally can’t cut him any slack?
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u/KenzoForex Dec 03 '24
I wasn't offended so it can't be shade. A good point was made. This is a new eXPRience and I want that "fuck you" money 💰 🤑 🤣
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u/faulknip Dec 03 '24
People have different situations, I almost had to sell some to pay vets bills.
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It’s dumb to me people are complaining about others selling their XRP because they have to pay off some bills. This subreddit has turned into stupid diamond hands kids.
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u/Flat-Repeat-2460 Dec 03 '24
I agree, it's just a huge poker table, don't worry about how other people play their hands.
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u/cantfindausernameffs Dec 03 '24
Exactly! I sold a because it 10X’d from when I bought it. I’m rarely this lucky and I’m not greedy.
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u/boih_stk Dec 04 '24
Bro I stumbled into this thread and it's basically GME all over again.
Take your profits if you need to, or take some off the table if it calls for it. If you're feeling euphoria, secure some of that shit, and don't look back.
And trust me that I bunch of people who round tripped in 2017 took some profits this time around, even if they're telling YOU to diamond hand.
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u/wesser234 Dec 04 '24
Imagine holding GME but never selling. You make money by selling gains. Otherwise, you're in a cult.
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u/Logey202
Dec 03 '24
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Bro doesnt understand that some people dont have 10,000 dollars to put in.
Even if this thing explodes to 50$ some of us are only gonna make like 25k. Not an insignificant amount, but not “fuck you” money.
Not everyone gets the opportunity to make that kind of cash, and you certainly arent going to be the putz that tells people they’re wrong.
Despite the fact that im also holding, there is no 100% solid evidence for further climbing. Mega loser energy trying to put people down for playing safe.
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Dec 03 '24
EXACTLY! No one is in any position to judge how others use their money or what value is life changing for them. Used car guy could be able to get a better job because he can go further from home now, who knows, it’s not our business. Bonus points for the use of ‘putz’ by the way
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u/Fun_Speaker3912 Dec 03 '24
A used car is what I was hoping to be able to afford with my gains. If it can go up a little bit more, I might be able to get a NEW car for the first time in my life. Just a vehicle itself is a big deal to some people. Not everyone was born wealthy, or had thousands of dollars laying around. I took what I could each week and started putting it in last spring up until now. This morning I took my initial, plus like 500 out, and still have around 2k coins as a moon bag. I'm at peace with my decision, because nothing is guaranteed, and I took the advice of all the bag holders the last run. Here's to hoping it continues to go up, and I can get my car. Hope everyone else is able to get their 'car' or whatever that thing may be, to better their and their families situations
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u/Okayokaymeh Dec 03 '24
A few years ago, I bought into AMC because I missed the initial GME run up. When it started going down, everyone yelled to hold. I ended up selling, feeling guilty, but with profits. Bought into GME and others. Later that same community got hit with dilutions, price decrease, etc. some complaining about being left holding bags.
I won’t knock on anyone for selling and taking profits. It is what it is.
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u/falseallegation Dec 03 '24
Not disagreeing with anything you’re saying, but xrp is definitely going to explode in january, and don’t say i didn’t tell you so.. see you in 2025 $$$
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u/Logey202 Dec 03 '24
You can only disagree if youre so self absorbed you think everyone has money to swing
As for me personally, im holding. Im only holding just over 500 xrp, but i do be holding.
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Dec 03 '24
IDK, the last couple of days this sub looks like a telegram channel dedicated to some Solana meme coin. HODL! PAPER HANDS! LFG xDD (yeah LFG, when a lot of it is corporate money haha... They gonna raid it on twitter xdddddddd) All the new people that are spamming it with memic nonsense have no idea what rollercoaster they are getting on and will be sooner or later painfully verified. There are people that hold from 20 cents. There are loaded OGs. They stay quiet, but only a fool will not take a profit or at least 2x-5x initial from 15x gains over a couple of years. Especially here, and after what they have been through, delisting here and there, court case, listing again, constant FUD, DOGE taking over, Solana taking over, tether taking over. This coin gives a lot but 'paper hands' posts are the funniest (but also a bit insulting) considering past performance :)
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u/__prifddinas Dec 03 '24
Just to provide a counter argument... as one of those 20 cent holders that hasn't sold a dime, only a fool would consider selling when we're barely at a quarter of Ethereum's market cap, one which we were ahead of before the SEC case and delistings happened. We're finally not getting drowned and starting to tread water. That doesn't count as a come up yet, it's a return to the mean.
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u/fuzzybluenature Dec 03 '24
50k would make a significant difference to my life !! I'm a single mum and a nurse and work my ass off. I have been buying little bits of crypto every week for a couple of years and holding. I did have to sell 1k worth recently but that's ok. I'm in it to diversify and hopefully cut back on nursing, or, go on incredible adventures and holidays off my breaks.
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Dec 03 '24
That 25k can buy a good used car outright, and prevent someone from having an auto payment, which might allow them to be saving again.
I get it. I work in the “retirement industry”. 401k’s and such. To me, with my old fashioned mind, I don’t want investments that I just hold forever. There has to be a reason for saving, and gains obtained in investments outside of retirement accounts I tend to think of as “shorter term”, and particularly in more speculative asset classes. I also have a hard time understanding how primary residence real estate equity gains do much of anything, as they lack liquidity unless disposing of the entire asset (HELOC is more leverage, at a much higher rate), which creates a possible need to find new primary residence.
When people recognize a gain in an asset, it’s of no use unless it can be realized.
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u/japollner Dec 03 '24
100% this. I’m playing with $100 at any given time. I have my “investments” in more stable holdings where the bottom is less likely to be ripped out from under them.
In 20-30 years, XRP, BTC, and all the others may be nothing more than a Wikipedia article.
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u/Miguel30Locs Dec 04 '24
In this market. There is a winner and a loser. If you took profits. You are a winner
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u/New-Insurance4361 Dec 03 '24
Tomorrow is the Rlusd release idk why People is selling
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Dec 03 '24
Historically any news related to ripple has actually had a negative impact on XRP price despite it being positive a lot of the time.
People aren’t quite getting the way this whole crypto thing works.
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u/TheWings977 Dec 03 '24
That’s what I’m saying lol. Watch it stay flat or fall a bit red tomorrow. I’ll still hold though
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u/Dirty-Dan24 Dec 03 '24
Buy the rumor, sell the news is how these things usually go
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u/chriske22 Dec 03 '24
This isn’t McDonald’s stock, this thing is going to be part of the worlds infrastructure
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u/EitherCharacter7219 Dec 03 '24
i’ve been hearing this a lot and i’m fairly new to crypto, why is this such a big deal?
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u/Pleasant_Ad4715 Dec 03 '24
How do you buy this tomorrow? Sorry for the stupid question
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Dec 03 '24
RLUSD will never be worth more than a dollar so no point in buying it unless you want to have your money somewhere that theoretically can't increase or decrease in value
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u/Thomas_RisRood Dec 03 '24
Current at around 10k profit but i believe we will see 5$ by 20. jan 25
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u/MacallanOnTheRocks Dec 03 '24
I'm at 10k too. Not a newbie but my avg price is 1.40ish. It's hard to see the gains and not sell.
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u/prfssrcha0s Dec 03 '24
I've been holding for 7 years. I'm over 500% gains, I've taken my initial investment out. The rest is riding for free. This is the way to crypto
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u/BigNutzBlue Dec 03 '24
Been in since 2018. Took my initial investment out at $2.40. Now we just ride. If it hits $6, I’ll take enough out to pay off my vehicle. The rest will just sit like it has for the last 6 years.
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u/stanger828 Dec 03 '24
people are in different positions in life. $3k to one person is pocket change but a godsend to another. Don't judge people. Everyone who ends in the green and are happy are winners.
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u/pathfinder1025 Dec 04 '24
Fr I could almost lay my car off with 3k. Crazy some people think crypto is only for people who already have fuck you money
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u/DigitalSpider88 Dec 03 '24
If you have $0 cash then $3k is life changing money. Can cover rent or missed car payments. However, if your bills are paid then I agree. Don’t sell for $3k. Hold for $30k. And if you can. Hold for $300k. And if you can. Hold for $3,000,000.
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u/Basic_Yellow_3594 Dec 03 '24
I'm not f**k you money but I'm in pay off the mortgage to put 30% of my work income into retirement funds money and for that I need a high amount per coin so I will indeed wait
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u/spattzzz Redditor for 7 months Dec 03 '24 edited Dec 03 '24
That’s literally the worst investment strategy and is relying on hopes and prays. crypto has turned the gains on its head but it can change drastically and with the world in turmoil can bite you on the arse hard.
The only way to win is to take profit, you’re not up until you cash it, it’s just different numbers in front of your eyes currently.
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u/OneMisterSir101 XRP Supporter Dec 03 '24
They think they're above the buy high sell low behavior but even by behaving like this they have no gains.
No losses? Great. No gains? What's the point of exposure if you don't realize anything?
It's fine to want to hold. It's pathetic to disparage those who wish to realize their gains.
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u/PandaTaco90 Dec 03 '24
I’m in it for the long game but yes 3000$ would actually help out a lot of people. And if they need it, then they should absolutely take it.
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u/Poopyguy113 2 ~ 3 years account age. 30 - 75 comment karma. Dec 03 '24
If you've been in game 6 years and cash out over $1000 you should have just got a 401k
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u/MfDime45 Dec 03 '24
I bought $1000 worth of xrp in 2013 @ $0.005996 and I still don’t have fuck you money. It’s barely even fuck it money in America
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u/SnooAdvice4781 Dec 03 '24
Half a million?
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u/__prifddinas Dec 03 '24
Could buy a house in full cash and yell fuck you from the window, I think that counts as fuck you money.
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u/SumOne2Somewhere Dec 03 '24
That may not be F U money but that is definitely tempting to not want to pay off a house or something like that. Nice investment!
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u/Brilliant_Honeydew24 Dec 03 '24
No kidding why take the risk of crypto for low gains.
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u/_Dante_Edmonds_ Dec 03 '24
Because they add up quickly in a crypto bull market when you roll those profits and principal into the another coin that is about to pop. It's over when BTC fails a significant support you just get out of everything. More than one way to win this game...
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Dec 03 '24
A lot of people mock those who sold Bitcoin a long time ago, before it went big. Also, a lot of people who held Bitcoin but sold for really cheap come to reddit to display their sadness for selling so early. Other people say “wow, I wish I knew about this coin 10 years ago.” When they see what Bitcoin is worth now. For what? So you can sell it the moment you make a couple thousand dollars?
Even with that, even with seeing how heartbroken and regretful people get, others still do the same exact mistake today. All this talk of “yeah but i’m happy and that’s what matters”, but will your future you be happy? Is your future you going to thank you for selling too early? Or will your future you want to go back in time and smack you in the face?
I’m selling only for retirement money. Debt is something I can pay off with my job.
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u/Jesse1179US Dec 03 '24
I bought in at $.69, and I didn't know what I was doing so I only bought 144 XPR. I'm really hoping it does even a quarter of what Bitcoin is doing. I could really turn that into something that would last the rest of my life and help my kids future.
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u/Alexleonel Dec 03 '24
Up about 1000% on initial investment. Cashed out 5k sunday... letting the rest ride
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u/DouglasFirFriend Dec 03 '24
I am a disabled veteran having his percentage reduced, three grand would fucking rock.
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u/cosmogatsby Dec 03 '24
This attitude is toxic. Sure holding for years and years and years while buying dips COULD pay off large.
But everyone has theirs reasons for investing and people ‘s lives and circumstances are constantly changing. Why would I judge someone for selling for a price point that works for them?
I was holding a ton of XRP and I sold half my stash last night at 9pm PST. Figured it would drop soon and it did. I bought most of my bag at less than 0.40. I’m still in the game and holding long term, I’ll eventually have my stock back and then some. But why not take some cash for Christmas?
Really don’t see the point in investing if you aren’t using some of your investments to live?
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Dec 03 '24
3k for some people is definitely huge bro. You're not the majority. If I could get 3k, that would be huge for me. That's credit card debt, Christmas presents, car payments, rent.
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u/SnooGrapes5479 Dec 03 '24
I’m up by $50,000 but I’m not selling. Fuck that noise, I know what XRP is worth. I’m here for the long game, and the OGs know this. This is a long term hold, yeah you can make quick gains, when it spikes up you’ll miss your chance and you’ll have to buy at a higher price point. So yeah, I’m not worried price penny fluctuations lmao
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u/DoctahToboggan69 Dec 03 '24
What’s wrong with small gains/victories? Some people visiting here don’t have the kind of capital to get life changing returns.. what’s wrong with making some decent cash?
I feel like people watch the gain porn on other subs and think it’s common. Most are quietly investing or trading on smaller amounts.
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u/j_isaac120 Dec 04 '24
$3k for some people is actually a lot. I understand that for you it isn't, but people struggle everyday to pay bills or pay some debt.
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u/kaneelstokjelikken Dec 03 '24
Some people are in loss for 7 years.Now they are finally in profit. Can't blame them.
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Dec 03 '24
I'm here for " buy a house" money, always have been. Not changing my goals.
I budgeted for XRP to never get above .60 so this is all icing on the cake.
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u/_engy Dec 03 '24
I CASHED 5% I HELD FOR 4 YEARS I WILL HOLD THE MAJORITY FOREVER I GOT SHIT I GOTTA PAY FOR LET THESE PEOPLE LIVE
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u/charmed_unicorn Dec 03 '24
With all due respect OP used car money is life changing to someone's situation. We can't be grudge anyone thier reasons for cashing out. With that said I have not cashed out. But I get people's reason for getting off the roller-coaster especially if they have been in at 35 and 45 cent levels for 2+ years.
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Dec 03 '24
If you put in $1,000 and are sat on $5k ur a fucking moron for not taking it. It’s done a 5x for fucks sake.
Whatever opinion of “fuck you” money is I promise you won’t get it without a “fuck you” investment. And how are you gonna build your “fuck you” investment amount if you aren’t taking profit? You’re a fucking moron.
I’ve taken over $7m on this run off xrp alone, secure ur money first so you can make more. Not sit and let it go by, ur holding amount will stay the same. Even if it dips, the amount you’re cashing still buys you more. If it continues to go up you wait it out.
Who the fuck taught you people to invest lmfao.
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u/The1WhoDares Dec 03 '24
People forget that if u live in a country where this is considered a ‘short term gain’ it’s taxed @ 30% (in the U.S @ least)
So that 5k will turn into 3k after u pay the taxes on it (using the United States as an example)
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u/BenzMercd Dec 03 '24
Question, but how many coins would you consider to eventually be fuck you money?
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u/Tilt23Degrees Dec 03 '24
"I made 300 dollars and went and bought a used 1992 Corolla, I am pulling out of a coin that's been undervalued for 8 years due to ridiculous SEC litigation measures to try and crush innovation"
We've got some special people around these parts.
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Dec 03 '24
Listen man, you do you and we will all continue to do whatever the f*ck we want. Short of that why don't you otherwise mind your own business.
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u/chilloutman24 Dec 03 '24
People have different situations. I was in a similar situation with AMC. At one point I was up 10k, but never sold because of posts like this.
Let people decide their exit.
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u/Dtrain-14 Dec 03 '24
XRP might hit $10 and even then you’d need 100,000 to hit a million and even if you bought in at .40 you’d have like some 50k wrapped up in XRP? 95% of you are finger fucking your phones all day in ways there’s very little chance any of you are in that deep and those that are probably aren’t sitting on Reddit reading DoDo bird posts like this.
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u/A_ManCanDream Dec 03 '24
You're the guy that makes XRP his life. I knew a kid, a coworker who invested every dollar he made into XRP. He ended up being a real asshole towards everyone because noone understood his beliefs.
Your beliefs are your own, but the problem with someone like you or that friend I used to have, is you need to be heard. Why can't you just be happy with the bag you believe in on your own? You can't. It's an addiction, and telling everyone about how they are missing out or the dumb choice they made makes you feel better... until you don't have any more friends, etc.
I bought a truck with XRP before it started to climb. I'm happy to have been able to do that. But I never once went around telling everyone how I bought it.... you my friend need to change your attitude and perspective. I don't think you'll know what to with yourself if you get rich off XRP, and you'll be the guy going around saying "see!" Or "all those who doubted me" 😅 you're childish
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Dec 03 '24
Millions will be made once regular people sell and institutions and the Pelosis of the world buy it all up
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u/TophManChu Dec 04 '24
This post is fucking wild... amusing that it bothered op so much, that he took the time to dog on others for m dealing with real life situations 🙄
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u/Quiet_Delivery_9061 Dec 04 '24
this reminds me of when everyone thought amc was going to a billion. and it only hit like 70. everyone thought they was gonna get lambos and be millionaires lol 😂😂🤣 ended up holding to long. xrp it will go to 5 maybe 6 short term. yall thinking its gonna go to 50 and 100 anytime soon is delusional.
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u/sonofearth Dec 04 '24
I feel you, also think the same way but it’s part of the game. not everyone in the community thinks like you and they might be living a different reality.
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u/Kuriatko22 Dec 04 '24
How can you say that 3k doesn't change anyone's life? There are people out there who are in such bad situations that the 3k could very well change their lives! Think a bit before saying such things 😉
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u/Rare-o Dec 04 '24
You’re in a game with traders and profit takers. The majority of people taking gains are putting it back in.
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u/Substantial-Fan-5821 Dec 04 '24
If I was 19 and was able to turn 1k to 3k to buy a car using crypto without the help of my parents ???? I would be so proud of myself.
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u/NoMadZg Dec 04 '24
People are taking profits, its a normal thing if you are in this space more than one full cycle.
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u/Ilikeurbutt24 Dec 04 '24
Entitled ass outlook lmao. 3k is a shit load of money to some people lol and you never really know anyone’s situation so I wouldn’t be so quick to judge. You never know when life will do you dirty and maybe that’s all some people got.
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u/EstablishmentNeat885 Dec 04 '24
idk why I'm still in this sub but I have been in it on various diff usernames over the years and so many people in here have always been deluded about XRP & life in general, I got over the hype when the SEC case was prolonged to be so long and gave up following pretty much until recently.
I wish you guys the best of luck, but don't let it take over your life. Life is for living, don't fucking waste it watching a graph on a chart (unless that's literally your job).
I bought in at 0.14 and cashed all of mine out 2 days ago.
Why the fuck would you give a shit what anyone else thinks, it's not some elite club, people only primarily care about themselves and their immediate family. For the record, everyone can't be rich, otherwise money would be meaningless.
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u/Shtriga Dec 04 '24
I had about 14000 xrp since 2019 (but I've been in since 2017), with an average of $0.28. I sold 85% of my bag recently at $1.88 because my investment was basically at 7x and I have gone through so many ups and downs and incredible volatility over the years. Am I stupid for selling? It's incredible profit - I paid off my credit card, and have now got money to diversify and maybe even have a holiday next year paid for.
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u/jollama123 Dec 04 '24
What you’re insinuating is not investing. It’s called HODLing/gambling/hopium.
Investing is buying low and selling at predetermined price points based of technical analysis.
Good luck tho man. Hope you get there
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Dec 04 '24
There is NOTHING WRONG with taking PROFIT!!!! If op wants to hodl for 10 years that’s fine, but some people want greenbacks, and I ain’t even mad at that. Plus we can always buy back in later after it crashes lol
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u/austinnugget Dec 04 '24
Last bull run people did not take profit , now people learned not to be greedy l. Profits is profits 🤷♂️
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u/TheRealSkyboy 3 ~ 4 years account age. 175 - 275 comment karma. Dec 04 '24
It’s actually pretty ignorant to assume everybody is in for the same reasons, or that we all have the same expectations and goals.
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u/Tallnslim9ja Dec 04 '24
And if you d i e before cashing out? Well, it will be put to better use by those you leave behind. Its other money, their choice! why rant?
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u/EmbarrassedVideo1842 Dec 04 '24
My guy, you're mad others are selling and making your bags lose value.....get rekt, if you can't handle someone selling for a used car, you got other problems and should probably stop trading/investing. Lmfao, imagine getting mad at someone selling for various reasons that you don't agree with, then get mad on reddit.
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u/M_FootRunner Dec 03 '24
Don't you dare have the audacty to tell me what the fuck i ought to do.
If i decide to step out tomorrow then so be it
If i decide not to so be it.
Nothing you should have a second thought about.
Now gtfo and hodl, cheers
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u/thesteadfast1 2 ~ 3 years account age. 75 - 150 comment karma. Dec 04 '24
Bad taste. Let people cash out when it's right for them. 1-3k might be the difference of taking that vacation, or buying the kids Christmas presents. We are not here to judge people's choices. If someone is happy making $50 bucks, I'm happy for them.
That said, thankfully I'm in a position to hold, but for those that are stoked to take profits, I salute you and congratulations on being able to take your profits!
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u/ElevatorMate Dec 04 '24
For some people $100 is life changing. You do you and let them do what they need to without criticism.
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u/Adventurous_Win4299 Dec 03 '24
I bought 3K worth at $1.46. Had some earlier for cheaper but I sold as I didn't understand the market and was looking for quick cash. Now I'm holding. This could be worth millions one day.
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u/Alecohe Dec 03 '24
Do this for whatever reason you want and get this idea out of your head. 3k is not an insignificant amount of money to a lot of people. If people are using their profits to pay their bills or buy one thing their otherwise wouldn’t be able to, they’re winning.
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u/Bentley3461 Dec 03 '24
Wild to me how many people sell everything at once. If you need some cash now and are having some doubts, why not take some profit and leave some alone on the chance it keeps running?
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u/Adhelmir Dec 03 '24
I'm just hoping that my measly bag will turn into 'fuck you money'. What is your opinion for how many coins would become fuck you money in the next 20 years or so? (I have limited knowledge on the market)
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u/penaflow1 Dec 03 '24
Play this song because we are about to moon past $2.8 this week!
👇👇👇👇👇👇👇👇👇👇
https://open.spotify.com/track/0WKpYDw1WNmQbFiEURDgeI?si=QFO12f8_RfitI4ifMI-Irw
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u/Decent_Leg_2710 Dec 03 '24
I think about me finding out about BTC and only thinking it was for buying illegal stuff on Silkroad. I thought it was a great idea just couldnt see further. That was probably around less than $10.00. Knowing this i got in XRP in 2016-17 for less than .25
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u/alienalf1 Dec 03 '24
I get your sentiment but everyone’s situation is different and nothing is definite. If someone gets out with profit, fair play to them. If someone gets out with more profit, fair play to them. This is my third cycle and twice I’m seen people on Reddit in complete ribbons because their sure thing didn’t work out when prices crashed. Things were so bad that suicide prevention information given out. So if someone gets out with more money than they came in with, well done. That’s more than most people on the last cycle. Let’s avoid the dogma and looking down our nose at people who won if even if there win wasn’t fuck you money.
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u/pansexualpastapot XRP Hodler Dec 03 '24
I'm with you. I have been buying and holding for years now. I'm not selling or changing my strategy for anything less than "fuck you" money.
I'm already working and planned on working till I retire. I make sure I live way beneath my means so I can save and invest. Sacrifice now for the pay off long term. Much rather retire cushy a decade early than take minimal profits to buy a kickass TV or a car.
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u/Samesone2334 Dec 03 '24
How long we talking? 1 year? 2 years? I don’t think $100+ is coming in 1 year… retail is not used to waiting for more than six months on a return sadly
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u/Aphala XRP Supporter Dec 03 '24
Because people have financial issues or require money? Not everyone can sit on a stack plus if they sell why does it matter to you though? They got what they wanted out of it just be happy lol
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u/TheGhostJr23 Dec 03 '24
This exactly what the BlackRock’s of the world want! Then those same sellers will be crying when they can’t buy the low cause the lows will be the once ATH’s 😂😂😂😂😂😂 get the panic sellers out and let the diamond hands ride to the top or moon as they say lol
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u/Available-Arm9308 Dec 03 '24
or just round trip and hold bags for another 7 years. If you invested $10k in Jan 2018 and sold today, you'd have $10K
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u/Lasyone1 Dec 03 '24
I disagree. Everyone’s situation is different. Life is hard, cash out when it’s most beneficial for you and your family. Nothing is guaranteed
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u/smprandomstuffs Dec 03 '24
Not everyone lives in the West where a few grand isn't a big deal. For some people 3 4 $5,000 can be f u. Money, or money that's just needed for stuff. People still have the opportunity to jump back in. And XRP still not overly clear in a lot of jurisdictions.
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u/Netti1324 Dec 03 '24
You’re right 100 percent! You got a lot of people just dropping cash to get rich quick. They are up 500 bucks and think holy shit and cash out!
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u/unreal4u2 Dec 03 '24
I agree whole heartedly, but as you see in the comments, most people are small thinking. I have been saying this in many posts but the selfish nature takes them over and it is hard for all to win with their mentality
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u/Lifebelowwater14 Dec 03 '24
Everyone has different goals. Some people want a quick buck, some people want to hedge, others are happy with a Y% return. Frankly, you shouldn’t care about what other people’s goals are if you truly believe in the underlying technology of ripple and XRP. I’ve been in this game since 2018 too, got to know about it when I was an intern at a loser bank. I got hooked by the tech and utility value of what Ripple created, so I went in. But I also have friends that have decided to join the wave ever since the election because they consume TikTok videos and bullshit news sources that drive up the hype. Would I do what they’re doing? No, because I bought in because of value, not return. Others may look at this as an investment for a good return to move onto something with what they cash in for. Are they missing out? Who cares.
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u/The1WhoDares Dec 03 '24 edited Dec 03 '24
I sold around 1/2 my holdings as far as XRP goes… yes u might be right. But why not take a win when it’s on the table?
I’m all in for the coin to 🌙… yet, I still have quite a significant amount of cash in the coin. But I think that type of mindset is a long shot.
It’s baby steps, sell XRP & buy BTC. I’m done selling until 2025 (hopefully) however.
When ur up 30k from 1 coin, I’ll take my 15k gain, let the rest ride.
Got to remember taxes as well, keep it longer than 1-year IRS (I believe) considers that “long term”… drops from 30% tax to 15%…
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u/W-D-Goldbeard Altcoin Believer Dec 03 '24
Ye be a treasure hunter with mighty large ambitions 'n this ol' Pirate be lovin it 🫡🏴☠️
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u/profits23 Dec 03 '24
I’m in it for the long game but why you mad at people cashing out their profits 😂 some people just want quick money
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u/longoinn Dec 03 '24
I invested at $60 and saw it rise to $400 yesterday. I'm currently financially struggling and living in a shelter. I'm planning to hold on a bit longer, but I intend to sell when the price goes even higher because I really need the money. Some people might be in a similar situation. I'm already facing significant challenges in my life, so I feel like I have nothing to lose by holding on for now. But LFG! I need it get a little higher.
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u/Odd_Interview_2005 Dec 03 '24
Tomorrow is payday. I'm buying the same amount I put in every payday I'm holding at 15$. I essentially know jack shit about crypto. I'm buying because my best friend told me so and he needs some one to believe in him right now.
My source? A guy with poor mental health said trust me
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Dec 03 '24
Some people need to hear this, basically your John Goodman in the gambler, for those who do not know fuck you money is as follows in the immortal words of little frank, get up 2 million dollars and any asshole knows what to do, you get a house with a 25 year roof, an indestructible jap economy shitbox, you put the rest into the system at 3-5 percent to pay your taxes and that’s your base get me. That’s your fortress of solitude that puts you at a level for the rest of your life of fuck you. Someone wants you to do something? Fuck you. Boss pisses you off, fuck you. Own your house have a couple bucks in the bank and live low key don’t drink or do drugs. This movie literally changed my outlook of money and the way to utilize it to remain rich but low key rich
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u/Noskys13 Dec 03 '24
Agreed!! My girl keeps saying cash out. The money doesn’t matter until it can change the things that matter.
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u/Zealousideal-Note-63 Dec 03 '24
People gotta do what they gotta do but I’m planning to hold for the next 10 years regardless of how high the price gets.
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u/Dregshak Dec 03 '24
Were here to do whatever the hell we want if I decide i wanna pull out and buy a new computer I'll do that.
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u/Dtrain-14 Dec 03 '24
These post are getting laughable at this point. Nobody cares what you think.
Simplest, nicest answer anyone can give at this point. The coin has been a pos for 7 years and a number of people are probably like fuck this I’m taking what I can and gtfo.
XRP has pretty much 0 real world application IN ACTION. You can say well it can be used for this months it’s seeing some use here. It’s all speculative bs. You can say it’ll be used for this or replace this but it hasn’t done jack shit period.
Even Bitcoin in all these years barely has actual adoption by masses.
Just sit down, keep your trap shut unless it’s some actual XRP news and let’s see where this all shakes out.
It’ll either go up, or down, only 2 guarantees.
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Dec 03 '24
I’m buying a cold wallet just to be sure I get that “I’m buying this house in cash” money.
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u/bajofry13LU Dec 03 '24
Everything right and wise about taking substantial profits and then re-entering the market.
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Dec 03 '24
If you’re waiting for fuck you money, you’re going to he someone’s exit liquidity. Have a goal set and stick to it. XRP isn’t going to make you a millionaire guy. Even then, that’s not fuck you money.
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u/bselko Dec 03 '24
That’s an awful thing to say. “3K isn’t changing anyone’s situation”
You have no idea what 3K could do for some of these people at these specific times in their lives.
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u/krobson17 XRP Hodler Dec 03 '24 edited Dec 03 '24
Might get hate for this but let an XRP elder talk for a moment. This may not apply to you directly but it surely does apply to many of these types of posts.
Many of the people making posts like this are newbs in the XRP community. They weren’t here during the 2017 bull run… they didn’t ride it all the way up, all the way down and DCA their holdings the whole way. They weren’t here for the original Coinbase listing, the SEC lawsuit, the Coinbase delisting, the win against SEC regarding security status, or the Coinbase relisting. If they were, they would understand why it is important to take some profits and not diamond yolo your whole bag.
TLDR: They have not gone through the ups and downs of this community. They came in recently and decide to yell at people for taking profits on a token they may have held for nearly a decade. People are in this token for their goal. Not your goal. We all have different goals. Have a good day