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RE: Why I don't TRUST RIPPLE and Why You SHOULDN'T Too

in #cryptocurrency6 years ago

XRP is being used by banks and whales as a holding station for BTC money. They move BTC money into Ripple to cash in on BTC futures (currently short) positions, keeping BTC price within range of short positions. They soon go long and flood the money out of Ripple into BTC sinking all the people who don't get this and bought Ripple high. They will do this again and again, back and forth between Ripple and BTC to take advantage of futures and cause dramatic swings to shake out the little guys. Use this knowledge to your advantage and when Ripple starts to go down, move to BTC. When BTC starts to crash, move to Ripple and ride the wave up with all the bank $$.
I have tested this theory for the last two big dips in December and it held and was exactly reverse correlated...check into it yourself. Also, Ripple is remaining high and steady without a pull back as btc is remaining low and steady without any significant upticks. Also, please note January's BTC futures range on CME is High 15470 to low 14205. We are EXACTLY staying in that range. When the these shorts settle, I expect a flip to long positions in Feb. some time and a huge rush upward and out of Ripple. Be prepared. Her is the link to the CME futures prices: http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

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So for those of us that haven't already, we should jump on Ripple until February, and then back to BTC?

Ripple will likely stay relatively flat now, like in a holding pattern of slight ups and downs until they decide to go back to BTC. Buying at these hight seems like too much risk of being dumped on.

Okay. I'm a crypto noob. Apart from Powering Up, I'm just using my SBD to trade into ETH at the moment. I feel like it's a nice safe coin, without the hefty fees of BTC.