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Re: None

Wednesday, 06/26/2019 2:25:35 PM

Wednesday, June 26, 2019 2:25:35 PM

Post# of 36150
If you folks want volatility, try the Grayscale Ethereum Trust that just started trading on Thursday. You could have already made a fortune, lost it all, and then made another fortune today. And lost most of it all over again.

Even though MS has been my guru on this one, and led me to squeeze some money out of XRP (and LBA and BCH and USD) while I hold it, using CredEarn to loan out what I accumulate with Uphold every two weeks, I am doubtful XRP will ever be the biggest crypto gainer on any given day, even out of the top 100 cap-wise. It is not designed that way.

XRP is a long term slow and steady play, as you can see by looking at recent charts, with the exception of the two days where it gained 34% and gave up the lower 30-cent range to get to its new mid-40's trading range, spiking briefly as high as 47 cents intraday as I recall. There have been opportunities to buy on dips below 40 cents since then, including as recently as two weeks ago. That ship may have sailed.

PS to MS (and others who might use Uphold/CredEarn), BCH rate down to 6% from the 10% I got on the 15th. ETH down to 3.5%* (matching what you can get from XRP), while BTC, LBA, USD, and Euro remain at a seemingly 2G2BT 10%.

*Unfortunately I need 3.57% (before taxes) to fully arbitrage my mortgage.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.

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