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IS IT TOO LATE TO BUY RIPPLE?? 2nd LARGEST CRYPTOCURRENCY UNDER BITCOIN Uncategorized 

IS IT TOO LATE TO BUY RIPPLE?? 2nd LARGEST CRYPTOCURRENCY UNDER BITCOIN

what’s up YouTube this is Ryan hildreth and in today’s video I’m going to answer the question is it too late to buy ripple but before we get into that make sure to hit the subscribe button and the notification bell because they give away free Bitcoin every Monday Wednesday Friday and Saturday all you have to do is be subscribed to the channel and comment your wallet address down below I’m going to be doing the Bitcoin giveaway at the end of this video this time because I want to get straight on to this topic okay this is an exciting topic we’re here on coin market Capcom if you’re new here this is just a website that you can you know check the market caps and you could look at pretty much every cryptocurrency out there but ripple has made it into the number two spot on the crypto currency market cap okay so now it’s right under Bitcoin it passed etherium it’s valuated at 82 billion dollars and it’s trading at a price of two dollars and 13 cents I remember when this thing was trading around 20 cents not too long ago so you know an amazing time to be in the crypto currency markets Congrats if you were in ripple for the long run and you know you basically you know gained a lot on this run up but you know let’s talk about is it too late to buy okay and that’s kind of what I want to address here because I get a lot of questions from new investors from new people you know on my channel people that you know I want to reach out to and help and there’s they’re saying Ryan you know it just ran up to a dollar should I buy some now it’s up to two dollars should I buy some you know could how high could this thing potentially go and you know the first thing I want you to consider is your goal okay with any cryptocurrency it could be I mean this is applies to anything in life really is you know what is your end goal okay is your end goal to buy and Hodel ripple okay are you whole are you holding on to this thing for the long run or are you trying to make some money okay are you trying to trade this thing and make some money or do you actually believe in the ripple blockchain and you want to hold on for the long term you don’t care if it goes back down to zero and then goes back up to two you know you have to define that goal for yourself okay and I know for for me a lot of these altcoins I’m not I’m not holding on to them for the long run I’m trading them for price appreciation and to earn more Bitcoin plain and simple because I believe in Bitcoin for the long run I think that bitcoin is a great store of value it has proven itself as far as being able to exchange it with other people and you know it’s gonna basically simplify things across borders you know I can go travel to different countries and hopefully paying pay with Bitcoin in seven instead of having to exchange my US dollar into you know whatever it may be a peso ruble and it’s a good store of value so Bitcoin I believe in for the long run ripple has never been you know I’ve never really believed in ripples project okay it’s just not my cup of tea but if it is your cup of tea then define that goal for yourself so for me if I was going to invest in Ripple it would be for a short-term trade okay and based off that goal okay if your goal is to make money on a shorter term trade you you just want to get in get out make some money right now is not the best time to buy Ripple okay because we’re looking at here at the ripple chart the best time to buy ripple is when it consolidates okay you don’t want to buy on this huge run-up okay sure sure you may have bought on this huge run-up and you know maybe it consolidated for a little bit and then ran up again sure you you doubled your money but you’re gonna be much better off if you buy on these consolidation phases or a little pullback because it just it’s just gonna give you that peace of mind okay when you look at your account you’re not gonna be down 50% you might be down 5% and then you might make money within the next couple days and that’s kind of what I want to set you up for six with success is buying on the dip my principle is to never buy on a green day I always want to buy on a red day so basically your best times to get into Ripple would have been on these consolidation phases so if your goal is to trade this coin I would definitely wait for a pullback okay it’s not too late to buy I think I think that as long as you know the whole cryptocurrency market keeps going up Bitcoin goes up you know a lot of these alt coins go up as well so I think ripple you know does have some potential to continue to go up but again remember that the circulating supply of ripple is 38 38 billion okay so ripple is not gonna go to $1000 it’s not gonna go to $14,000 like Bitcoin it’s just mathematically it’s not possible you know just based off the circulating supply okay this is a and that’s that’s why I like holding on for the long run onto some of these coins like Bitcoin you know like coin what’s another one – is another one because of that low circulating supply so it’s a very scarce coin and that’s why I hold on to these coins for the long run and I don’t really trade them as often but ripple is one that you know it’s not gonna go to a thousand sure can it double maybe even quadruple from here very possible but right now would not be the best time to buy I would not buy the highs because we can easily get a twenty you know if you look at this pull back when ripple went from 125 all the way down to 60 cents okay it basically had a 50% pullback you know Bitcoin had the same type of pullback but you know if you’re trading and you’re buying the highs right here and this 50% pullback happens it just mentally it’s just gonna mess you up you’re gonna look at your trading account be like wow I made a horrible mistake I put you know maybe $100 maybe a thousand whatever amount of money you put in you know it’s never a good thing to see a losing trade okay so if you better your probabilities and buy on a dip you’re most likely gonna make at least you know 10% on your money 5% on your money maybe even a hundred percent but you’re better off buying the dip I would not buy at these levels you know could we go up to three dollars from here sure I mean we could probably hit three dollars tomorrow and you can prove me wrong say Ryan see I told you is good time to buy they went up to three dollars but at a trading on a trading perspective it’s always good to buy at opportune moments even if the coin can continue to run up for another hundred percent it’s just that’s trading principles 101 if you’re trading this coin I would definitely wait for a pullback here are some price levels that I would definitely look at maybe the dollar eighty level the dollar sixty the dollar fifty and then maybe even down here to a dollar forty if we get it an extreme pullback but I would definitely wait for some cool off period maybe some maybe some consolidation to build up in this coin me I’m not personally buying this coin I have a different play in mind and that is stellar lumens okay again my goal with stellar lumens is not a long term hold you know back to Ripple if you want to hold on to this thing for one year two years three years then sure buy right now probably not gonna affect you that much if it goes down because it might it’s probably gonna go back up so if you’re holding it because you believe in the coin you know you can pretty much buy anywhere and just don’t look at your wallet but if you’re trading it again wait for a pullback xlm stellar lumens this is a more opportune play in my opinion I got into stellar at the you know I’m looking at US dollar value but I got into stellar around nineteen cents so I waited for an extreme pull back and now we’re trading towards all-time highs at 30 cents okay so I’m looking to double my money on this I might even exit my position later tonight but this this was an opportune moment okay we saw a pullback I bought in you know if it pulled back again another 20% that’s fine at least I bought in at an opportune moment and now I look at my wallet and I’m up you know I’m up like 40 40 percent so again when you’re when you’re buying and you’re trading these coins you have to buy at opportune moments look at the MACD look at the RSI are we overextended are we oversold you know in determine what levels you want to buy in and then have that number goal for me my goal was to get around 35 cents to 40 cents okay so if we hit 35 cents tonight I’m for sure selling all my stellar lumen and I’m moving it into Bitcoin but basically that’s kind of what I wanted to you know address in this video is it too late to buy Ripple if you’re investing for the long term you know two five two to five years five to ten years no it’s not too late to buy you can probably buy in right now and just set it and forget it but if you’re trading this coin to make some money I would definitely not buy it the highs I would wait for some sort of discount stellar lumens again this thing had quite a run up today so this might be you know I would look for some sort of breakout if you want to buy in right here maybe set a stop loss you know somewhere around the 28 cent 27 cent level you could do that because this thing actually might break out so I see more opportunity in stellar lumens rather than Ripple especially for maybe a little bit longer of a swing trade that’s just my opinions I’m not a financial adviser I can’t give you a financial advice I’m just telling you what I’m doing and you know just giving you my experience Bitcoin again this is a great time to load up on Bitcoin I’m you know trying to put in a thousand dollars every single day I’m just consistently loading up on my Bitcoin reinvesting on bit connect and hash flare – you know acquire more Bitcoin because when this thing has a pop you know I believe we can get to some new all-time highs and that’s gonna be great for my portfolio because my portfolio is going sideways right now because bitcoins going sideways so is litecoin but as i add more and more and more once we pop I might double my money but for the long term I’m holding onto these coins it’s just nice to be able to get Bitcoin at a discount right now so let’s go ahead and get into the youtube comment Bitcoin giveaway I’m gonna generate some comments right now for my last video and I appreciate you guys commenting and leaving a question because I love answering those questions for you so the random Bitcoin giveaway winner is DJ Rado 2011 he says Ryan thanks for going live man and for giving us healthy and appropriate predictions for 2018 I’m really hoping for a landmark 2018 year I got started late in crypto but I know if I do do it if I had the due diligence I could be in a complete different space this time next year that’s a great mindset to have DJ Rea I totally believe in you just yet do your due diligence do your research and invest with what you’re comfortable with so let me go ahead and send you your Bitcoin I’m going to copy/paste this address real quick let me do that pull it man Exodus wallet send you some Bitcoin there we go copy paste and imma send you $50 worth of Bitcoin which is about point zero zero three Bitcoin send that over and success all right DJ Rado Congrats on your Bitcoin giveaway win if you want to participate in the next Bitcoin giveaway make sure to comment your wallet address down below go follow me at Ryan underscore Hildreth on Instagram I do Bitcoin giveaways on there as well and I’ll see you in the next video take care [Music] [Music]

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