Holy shit, anyone else seeing this dump?
Buy now or don't touch it?
Stay out. Buy XRP in the fall.
>>2756129
mfw I wanted a comfy hodl and put my whole 23k portfolio into this 2 days ago at 9000 sats
>>2756129
You know shit is fucked when Ripple is crashing so hard.
Holy fuck, 6k sat. Even when, BTC dropped to 1800$ it didn't crash this hard (8k sat).
Don't buy it, shit is serious I expect even greater dump happening before 1st August. 5-4k is my target.
You kidding we are going back down to 1700 sats. Alt coins are all going to their early March prices. Look to Stellar for people's future.
I think there was some serious liquidation taking place on polo causing a flash crash. Sell orders of xrp have dropped 20% in the last 24 hrs and buy orders jumped 50% straight after it hit a buy wall of 6k sats
Same thing happened to monero. I dont know if someone is stop loss hunting or trying to trigger liquidations, because these flash crashes are hitting very specific and significant buy walls.
I said in another thread, when big money wants to move into a space the first thing they do is hammer the fuck out of whatever they want to buy. That's not hard when you have $5mm of xrp you can borrow on polo for free. There's $600k worth available for shorting @ 0.0001% interest.
>>2756453
well then let's short this bitch.
can i use USDT for collateral while I short these coins? I couldn't be bothered to try it out - too busy shorting ETH.
>>2756474
Too late for that. XRP can rebound faster than fuck.
watch out for the trap
>>2756481
You think it's done? Look at the fuckin bands son
>>2756500
As soon as BTC settles this thing always springs up out of nowhere. My advice would be to wait for the top of that if you want to safely short XRP.