Quote from: Pursuer on November 21, 2017, 09:17:12 AM

Quote from: jenni161 on November 14, 2017, 05:43:55 PM

This was going good, until someone put a massive pile of ripple for sale just after I bought it. This is going to take a year before I can get rid of those.

it is a big mistake to do this though.
keeping the investment funds idle for a long time (a year as you said or even 1 month) is nearly just as bad as losing money in a bad investment. you are imprisoning your funds which you could have used to make profit elsewhere.
sometimes you need to take a small loss and accept it in order to be able to make bigger profit.

and I am saying this generally, as an advice. not just about Ripple, it may get pumped tomorrow for all I know. but this general advice is something that will help you maximize your profit most of the times when you are trading altcoins.

Since there is some correlation between different altcoins, selling with small loss could result to other loss with other coin. Of course artificial pumps are different but I don't foresee those pumps.