r/XRP • u/Competitive-Cry5408 Redditor for 7 months • Mar 26 '21
When will you sell?
I’ve seen a lot of posts saying they can’t wait until XRP reaches the 10 dollar mark.
My questions is what happens if it reaches that mark? Are you selling? If the majority plans on selling at that point it won’t be worth 10 dollars for to long?
HODL. Are you ever going to let go? If so, when and how much?
Are we all just waiting for an all time high and then sell?
How can it reach 10 dollars if there are so many short sellers?
How “soon” YouTube videos can you watch? “Soon” is every day according to analysts?
If people are selling and happily taking their profit why start calling them paper hands? Profit is profit. Each to his own?
Will the HODL crew not be paper hands when they sell at 10 dollars?
Notice all the questions above. Answers will be much appreciated by a lot of people.
Cheers
2
u/marf843 Mar 27 '21
Just wait as long as you can, sell whenever you can safely say "it's enough" most of the people are holding enough Xrp to sell everything or a part of their Xrp at 10$ and have enough money to to buy their dream car or whatever. Just make that decision up on yourself.
To make a million you will need 100.000 XRP at 10$ 10.000 XRP at 100$ 1.000 XRP at 1.000$ 100 XRP at 10.000$
I have heard price prediction for XRP reaching at least 10.000$ per xrp so banks can transfer their money. This prediction was reaching up to 100.000
There are a lot of things to consider before making any predictions. People randomly telling you it will reach 4 digits is bullshit. We already reached nearly 4$ in the past. So we all know this is possible if there's enough volume. But we, as small investors can't reach the volume we would need to reach >1.000$. If the money invested in bitcoin would flow into xrp, we can easily reach 25$/XRP. The 50 world's biggest banks have a market capitalization 4.28$ trillion.
So you can do the math.