... a dead cat bounce.
Yep, good time to get in if you can.
Ride the XRP and XRPBULL coins till the rodeo is done. Mostly XRP. All crypto way down, best to get in before a large spike.That's my advice....
Koreans can. Foreigners can't. Which sucks for waygooks hoping to profit off a dead cat bounce.
This advice has aged well. It only dropped 30% or so since you wrote this less than 2 weeks ago:No, scratch that. I only looked at BTC. That XRPBULL(crap) doesn't even worth half of what it was in early June.
Lol...please enlighten me!
Trading in bouncing dead cats is still safer than Crypto.
Fortune favors the brave.
If you've heard of the coin, it's too late to get in. You're the mug/mark.
That's very amusing.Okay, thanks. I thought it was an expression made up by LI. I looked it up after seeing your 3 differing meanings. Got it!
Nope. We could until late last year. Korea shows it's true colors yet again.
As mentioned before, I can't imagine why a country that went through the IMF is leery of having substantial amounts of foreign speculation of a non-government backed currency that is prone to wild fluctuations and under control of the central reserve...It isn't always racism. Preventing say, an economic shock which could lead to wide unemployment and affecting national credit ratings is a legitimate reason for doing things and "RACISM!!!!!" isn't always the explanation. You're thinking about this like a child.
You don't buy when going up, you buy when going down. A bull coin rides the hype of a rise in the regular coin. Once the cryptos go up especially if they go to new levels, hype drives those up even more. Having a small amount (dollar present values) as a hedge is helpful. Like maybe 30 bucks or so. I'd do the xrp and btc bull coins while having some in the regular. But once those soar cash them out and buy more regular coins and also cash some out and wire transfer it to your home bank account too. https://ftx.com/intl/tokens/xrpbullBTC bull has fallen but the coin is more expensive to buy.https://ftx.com/tokens/bullBTC will go up to a higher dollar value but which coins will have a higher percentage increase? XRP is one and many others too.Which coins were higher during the mini surge last year? Which of those are way down now? If I had the cash, I'd look at Etherium, Yearn Finance, etc. (But better to focus on a few rather than many.)Look at the one year and 5 year history line. I notice when the regular coins went to new heights, the bull coin soared even higher for a short time. Will it do so again or will it just conk out? Hard to say. Don't put your life's savings into them or anything. Just 10 or 20 or 30 bucks or something while prices are down and hold for now. Mostly focus on regular coin if you have more money to throw in. I use a couple of exchanges. FTX is one of them. I fund via another exchange.
If you put 20-30 bucks into it, you might as well not bother at all. I mean even if it goes up 1000%, that's peanuts.