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The magic of digital currency is that if you don’t persist until the end, you will never know how much money you can make. Poverty will really limit our imagination. In the currency circle, increases of dozens or hundreds of times are not a myth, but standard. ETH exceeded 3,000 US dollars today. Brother B has made 15 times on this currency, but what we are talking about today is not ETH, but XRP. Today we will take a look at how this weird Ripple, that is, XRP, rises every time. The picture below is the trend chart of Ripple from August 2013 to April 2017.  In 4 years, Ripple has only risen three times: The first increase was at the end of October 2013. It took one month to increase from US$0.006 to US$0.058, 9.66 times. Then it continued to fall, reaching the lowest price of US$0.0032. The second increase was in mid-November 2014, exactly one year after the first increase. This time it took one month to increase from US$0.005 to US$0.028, 5.6 times, and then continued to fall, reaching the lowest price of US$0.0042. The third increase was in mid-March 2017, which was 2 years and 3 months apart from the second increase. This time it took 20 days to increase from $0.006 to $0.056, 9.3 times. But this time, Ripple’s story did not end so quickly. After rising to $0.056, it retreated to around $0.03, trading sideways for half a month, and then rose from $0.03 to $0.42, 14 times in 20 days. Do you think this is the end? Far from it. After the stock rose to 0.42 US dollars, it retreated to around 0.2 US dollars and consolidated for 5 months. Then it rose 18.8 times in 20 days.  If you look at this picture, you will find that the three increases in the four years from 2013 to March 2017 are negligible and cannot be shown on the picture at all. The first small bump on the picture is when the price increased from 0.03 US dollars to 0.42 US dollars at the end of April 2017, 14 times.； The latter straight line rose from US$0.2 to US$3.77, 18.8 times. Looking back at this picture now, do you think how much better it would have been if you had bought it at that time? But the question is: can you live with it? Let’s take a look at the trend chart at that time:  From January 2015 to February 2017, Ripple was in decline for two full years. The price of 0.006 US dollars has been sideways for nearly a year. Who still believes that it will rise? But in the end, Ripple did not disappoint those who held it patiently, because in the following few months, Ripple increased by 628 times, from US$0.006 to US$3.77, and it only took 8 months to reach more than 600 times. Now, after three years, Ripple has once again slowly come out of the bottom of more than two years of consolidation after experiencing ups and downs. We don’t know what kind of story it will create this time, but such a currency that has experienced two rounds of bull and bear will definitely not miss this bull market. The current position is still very low, so it is worth the allocation. Warm reminder, because this currency washout is very violent, there is a risk of being cut in half if you buy it at any time. Therefore, it is recommended that you control your position well and keep it within 20% of the total position. Happy Labor Day to everyone! ETH has successfully exceeded 3,000 US dollars. Brother Bing is offering a reward. Click [Like the Author] below to participate. Thank you everyone! In addition, friends who participate in tipping will have an exclusive tipping label when asking questions in the message area, and will receive priority answers when asking subsequent questions. |
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