thetradingparrot
patreon
Get used to Pumps: be prepared and if you get lucky, 650% TP!
🕑 Added 2021-01-30 17:05:33 +0000 UTCI'm setting up a smart trade for XRP potential pump. There's a group on telegram growing by tens of thousands of people each hour.
With Dodge and Gamestop, the new trend in town is very clear. People will start causing more financial riots organising pumps with groups of over a 100,000 investors turning any asset into a huge massive bomb of profit. 100% profits? no! that's nothing, get used to 1000% profit levels in a day.
So let's say you were holding XRP already. As you read this you would have noticed (or not) that there's a telegram group with over 50K users organising a pump on the 1st of Feb, but due to all the fuzz this is causing the price of XRP is already 60% up. I'm expecting tons of new users to join this pump.
XRP it's currently an emotion rollercoaster due to the negative effect SEC had on this top 3 market cap coin and it's very likely that as a the passion magnet that it is it will attract loads of interest as you can already see in the chart below.
So here's what I'm doing right now with my current small holding of XRP
Warning: do not buy XRP now, that qualifies as VERY VERY high risk. I would never buy any token once a pump has already started. XRP pump already started, too late to jump in.
I'm only doing this because I already own a small amount of XRP, I wouldn't buy any XRP now. It's already too expensive for my risk profile.
I'm splitting my targets at 300%, 400%, 500% and 650% with trailing at 5% (you can also consider 10% if you want a more strong pump trailing setting). Each split sells 25% of the holding.
I only own like ~300USD but if the pump matches the one that Dodge did of 800%, in which case I could take 2000USD in a single pump, so its good to be prepared in case you already owned from before XRP at a cheap price (< 0.24USD).
We will be seeing many more pumps as this is becoming a trend on telegram, reddit and others. SEC is going to go nuts trying to catch these individuals but in the meantime it won't hurt if we get lucky and make some 650% profits here and there, would it?
Comments
Get ready for another leg up on XRP. This thing is just gaining momentum. Whoever got in this early, congrats. I think 20% pullback after we reach 2:50-3:00, even so we might test the all time high and have a pullback there.
you can short it but it can also be risky if it keeps going up. In general the only option low risk high return guaranteed is to already own the token from before and setup up a trade to sell it in chunks IF the pump actually happens.
its the smart trade.
Hey, unfortunately it dropped really hard at 8.30 AM GMT:// There are a few groups now organizing a pump but it’s really difficult to make profit i guess. How about creating a short bot right after the pump and let it run for 1-2 hrs?! Just an idea...
RA
TTP, How do we set this up with 3 commas? If you can give me the name of the function. Thanks.
RA
Is XRPUP would be one of the best ways to make money once SEC lawsyut concludes? I suspect XRP will shoot up 5x in 3 hours max.
I did the same strategy before I joined Patreon. I rode XRPUP tho with targets and a stop loss. I active traded it all night
Wouldn't that target be a bit big compared to their market caps?
this is great - exactly why I joined the patreon. making something complicated like an XRP pump seem simple. Set and forget!
Keep us in the loop as you see this happening on other assets as well! Thanks so much!
And where do you have it currently? On an exchange or on cold storage?
Hopefully they we start seeing this on coins that are available in the US. I have XRP but i can only watch it's value go up and not being able to sell.
