Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
cryptodv
on 09/04/2016, 20:58:25 UTC

Here is my two cents to start it off, starting with a Disclaimer.
Disclaimer: I have weighted portfolio of Bitcoin (5 - 10%), Ethereum (70 - 80%), XRP/Ripple (10 - 25%). I'm a HODLer, not a Day Trader,a nd reportionments are done rarely based on trends.  My purpose of this post is to try and determine whether a repportionment of Ripple is appropriate.  And I am currently of an equal mind.  33% to lower stake.  33% says stay hte course.  33% says increase shares.  So real certainty here I tell ya!  LOL    Hoping someone will say something here to un-jam my mental logs.


Hopefully the above distribution only represents the crypto portion of your portfolio. Common wisdom would be for most people to have BTC as their largest crypto holding. Your Ethereum weighting (70-80%) is way too high for any position, even ignoring the current bubble. If you are a bank wanting to test potential uses for distributed ledgers in a strict KYC environment absent decentralized control of funds XRP might be interesting. For anyone else XRP is not very interesting.


Best advice I've heard in months! Look at the Ether price now. I've been holding XRP's since 2014. Let's see what happens.