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How to Trade XRP After the SEC ComplaintA lot is going on with XRP. The SEC charges are serious business, and many exchanges followed up on this quickly thereafter by delisting XRP completely. However, if you know me I am a trader and not an investor. You can earn great money even while trading the crème de la crap. I want to highlight some fantastic scalp opportunities on XRP that give that warm and fuzzy feeling even to the most conservative traders out there. XRP is not only very low at the moment, it is also extremely volatile. I suggest safe and low positions amounts, but definitely entering with some longs right now. The panic is definitely over, the bottom has been seen and frequently we see some sort of upwards correction. I suggest to buy and try to get at least 20%, 30% in on your trades. Which is absolutely nothing compared to the volatility is is traded at, at this moment. What's very fascinating to me is to see the insanity of what small movements on a volatile coin can do. This mini correction from the bottom of XRP already represents a 47% gain. I have been looking into the XRPUP token recently from Binance. Looking at that same token for this tiny correction is equivalent to a 135% gain even. Personally, I don't plan to actually follow this idea to the T. The core principles I believe are true, and I will keep trying to buy low and sell high - regardless of the circumstances. Or should I say ESPECIALLY during these circumstances? The panic following the SEC complaint can give us great great long opportunities. Overall, I will try to benefit from shorter upwards movements using the XRPUP token, focusing on say 20% at a time. This might seem much but literally only spans across several hours. I prefer the XRPUP token over trading with leverage as the leveraged tokens cannot liquidate you and therefore give more safety. Even if you are wrong, you can choose to hold and wait until the price bounces back near your entry. With leverage you cannot do this and get liquidated in the process. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITSTAMP:XRPUSDLong
by Trading-Guru
30
30% Long Opportunity for XRP After Its Taken a Big Hit.XRP has obviously been through a lot over the last year, and the price hasn't been at levels where people would like to see it. However, with the extreme correlation to other cryptocurrencies we have seen an even more significant drop over the last days, that really isn't justified. This creates a great positive bias where we can identify a relatively easy 30% opportunity for XRP/USD. Place a tight stop-loss however (probably somewhere around 22 cents) to make sure you are covered in case BTC drops hard again. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITSTAMP:XRPUSDLong
by Trading-Guru
7
EOS Still Has a Long Way To Recover [Great Upside Potential!]Compared to all the other major caps, EOS has recovered the least. Whereas BTC has almost completely recovered and even reached highs of pre-corona levels EOS still is really low and has more than 90% upside potential. Obviously you wouldn't want to go in for a single 90% trade here with huge risk. No, we take the mature approach and try get a few good risk reward positions in and take only the profit we can get based on solid TA all the while we trade positions we can afford to lose. Since EOS is trading in an ascending parallel channel here, we can trade it with a bullish bias. The price is in a linear uptrend, but has just seen a retracement from the middle of the channel. This means we will have a possibility for a very safe and low entry, maximizing our risk reward. I am suggesting a long position here on EOS. Good luck! Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! Recent success stories:
BITFINEX:EOSUSDLong
by Trading-Guru
9