Surely many of you, like myself, are surprised by the incredible day that the demonized XRP is having today in the market where it has achieved a growth of 75% in just a few hours and it seems that it may even reach even higher.
The reason is simple apparently, there is a telegram group called
BUY & HOLD XRP FEB 1st, 2021 @ 8:30 AM EST with over 77000 followers and growing, planning to pump XRP to undefined limits.
All of them seem to be following a strategy similar to that used to refloat Gamestop Stock, later reflected in our friend Elon's calls with $DOGE or $BTC.
I have to admit that I'm enjoying the show even though, I consider myself a total skeptic about XRP.
However, it is not being easy for me to get good trades these days, in fact, I consider it super risky to open any position in XRP and DOGE, unless they are positions of very small duration, say, less than 5 minutes.
Remember what can happen when you enter or exit a speeding train, the possibilities of falling on your feet exist, but they are small.
Much better to be out of the market when you see these vertical growths.
@toofasteddie
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Posted Using LeoFinance Beta
