XRPUSD I originally sold my XRP at $2.55 and re-entered at $2.45. After that, the price dropped all the way down to $1.92. But instead of panicking, I kept buying more XRP at lower prices—below my original reentry. So even though the price hasn’t gone back to $2.45 yet, my overall position is now stronger.
This morning, XRP hit $2.38—and because I accumulated more at cheaper prices, the total value of my holdings at $2.38 is equal to what it was when I first bought in at $2.45. In fact, I’m up right now. And once it gets back to $2.45, I’ll be up an additional $10,000 ish more than when it was at $2.45.
Sitting spot and dollar-cost averaging is the way—not leverage trading. Leverage trading can destroy your life. I’ve done it before and got liquidated for over $800,000. I’ll never do it again, ever in my life.
XRPUSD If Brad Garlinghouse puts on a good show today at the senate hearing and avoids the democrats largest crypto sceptuc getting her teeth into him, aka elizabeth warren we could do well.
XRPUSD GM! The @BankingGOP will be live-streaming its market structure hearing starting at 10:15 AM on its X account. Witnesses: 📌BGarlinghouse, ripple CEO 📌@SKMersinger, @BlockchainAssn CEO 📌@jony_levin, @chainalysis CEO 📌danRobinson, General Partner, paradigm 📌@RWPUSA, Former chief White House ethics lawyer