TradeAnatomy

XRP-Time to Tighten Trailing Stops

BITSTAMP:XRPUSD   Ripple / Dollar
$XRP has been on an impressive run since mid-December and has now moved from around .25 to 2.60. The alert markers have been going off for the last few days which can mark near term tops. For now it looks like moving the trailing stop to around 1.65 to 1.67 would be a good idea.
Can you please advise what indicators you are using for the alerts and dots?
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XRP has a very strong backing and partnerships , so this is going to go long.
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Thank you for your opinion.I think XRP is going to be the main cryptocurrency in 2018.
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It has been too fast to hold these highs. A healthy correction is now coming setting the conditions for further more stable steps up!
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zroman87 gregoriochindamo
@gregoriochindamo, I totally agree with you, but I thought that at 1.30. When will the correction be?
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as i am new commer.should i get out of XRP now or hold on?
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Do not daytrade... just HODL!
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gaiseric EnricoAzzolini
@EnricoAzzolini,

Some have a small capital to begin with they try to increase so they can have a good chunk to hodl . Risky i know !
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snugghash gaiseric
@gaiseric, Too risky. No matter what, hodling gives you percentage gains, and unless you can get more from staring at a screen with orderbook bots and 1min candles than working minimum wage it's absolutely not worth it. Especially at lower investment levels - a 100k whale might need a months to earn that amount with a day job, and can earn more with just portfolio management in a day, then it's worth it for them. A 1k minnow needs just a month to earn that much with minimum wage.
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gaiseric snugghash
@snugghash,

Meant more as big swing trading rather than day trading . But you are right hodl is the most efficient for small capital as long as someone only invests what he can affoard to lose .

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