It’s been a tough ride for Ripple’s XRP and its holders lately. As the rest of the market was able to make some soaring gains, XRP was not able to stand a chance as it remained the least performing altcoin among the top cryptos.
Yesterday, an XRP holder on Twitter said that he has sold all his personal XRP coins, and is ‘getting out of this hole’ for now. In place of holding XRP, he mentioned that he would invest in ONE and LINK unless he would come back to Ripple’s XRP later when the market gets better.
Though XRP hasn’t been able to show any strong signals in the market and it may drop further, but Ripple holders have a firm believe in their favorite crypto, and they are very much enthusiastic about XRP.
However, this user who was also one of the firm believers in Ripple (XRP) sold all his coins in a time when it was trading at its lowest. Understandably, this didn’t make sense at all, and many users started replying in hate. One of the users replied:
“Selling when the market is down? excuse me, but this is not the best choice.”
Two of the other users responded (who made sense), saying:
“Foolish mistake, I been in Link since sub $1, look at its market cap, it’s perfectly fine to throw fiat into Link, it’s under a billion MC. Just slowly accumulate it. Link is down 7% down while XRP is down 3%. Your move is based on greed, now you’re getting slaughtered.”
Another user mentioned that selling XRP at $0.26 is not the right choice at all; he affirmed:
“You selling at 26 cents probably shows you your success you might have in the future. Don’t wack off with them weak hands boss lol. Best of luck.”
While receiving way too much criticism, the XRP holder clarified his reasons for selling off the Ripple coins. He said the idea of investing in ONE and LINK might seem shit by he is confident of getting 20% profit, as the charts represent a steady upward trend. Replying to the rest of the XRP community, XRPBrad said:
“Shit, too many comments, I really kicked a hornet’s nest…shows how passionate people are about XRP To clarify, I still hold a good deal of XRP, but sold my “personal” bag, as I believe alt-season isn’t happening until next year…”
The future of XRP is anticipated to come off with big profits, and Ripple holders seem quite confident in the altcoin that it will hit hard once the market gets stable. With Bitcoin showing significant signs of a potential bull run, the market may hit high before the start of next year, which would prove the XRP seller wrong.
One of the Ripple users came up with an amusing comment saying,
“stop stealing people’s wife please, which one of you XRP people did this?”
Protesting with a banner, he mentioned an XRP fanboy took my wife away. Well, this was a funny side with a powerful message that Ripple community believes that the coin is set up to bring good fortune for the holders in coming time and this will help them set their life, achieving their goals and aims.
It’s a small pinch look at the chart it’s bouncing off. This TA is equivalent to the shit I see on Twitter every day 😂 pic.twitter.com/vK4O9MQTzP
— 𝐗𝐑𝐏 𝐘𝐎𝐃𝐀 (@XrpYoda) August 22, 2019
The CEO of Ripple, Bard Garlinghouse, recently mentioned that XRP is transitioning from the crawling phase to the walking stage. So what XRP holders need to do is remain calm as things are getting on the right track. There are different users with a different mentality; still, most of the Ripple (XRP) holders don’t think this is the right time to sell the coin, and they must remain a bit patient.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.