👹💰🐴 FTX Appears to Be a Political Ponzi Scheme Running Dollars to Politicians and Through Ukraine 👹💰🐴
(www.thegatewaypundit.com)
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I currently have some XRP, and I have cash in my Uphold account waiting to buy more if/when the price tanks.
From what I've read, when Tether collapses it takes down all of crypto. At that time we may be able to buy XRP really cheap (some speculate around 10 cents). When the dust settles, possibly with new crypto regulation in place, the ISO coins will rise from the ashes and all the Ponzi crypto will be gone.... Is this something you feel will happen?
I bought a lot more last month at 32 cents, but the thought of it going to 10 cents, and being able to buy 3x as much for the same cost sounds good to me.
Not sure if XRP will be effected by the USDT crash.
XRP is already beat to shit because of the lawsuit.
The Swell conference is coming and the lawsuit could settle at anytime.
I could see USDT crashing and XRP settling at the same time, then the market dumps in to XRP.
Yes, you should keep an eye out for a USDT collapse but if you’re someone who doesn’t have any XRP, buy 1020 at this price and a ledger nano just to have a piece. Then you’re all setup for a down the road dip.
Currently have 20k XRP and 8k XLM in cold storage (SafePal S1) and have some cash sitting in my Uphold account so that I’m prepared to buy quick should a big dip occur.
Those two are the only crypto I have. This stuff is all pretty new to me as of about six months ago, so I’m trying to pick up knowledge as I go.
If you’re looking for some related low cap stuff look in to XDC and SGB.
XDC is used to convert Ethereum projects off the Ethereum network. It’s 2 cents right now.
However make sure your device can store it. My ledger doesn’t hold it but my Trezor does.
Songbird is also 2 cents. However you can hold it on your phone in an app called Bifrost and you can delegate your songbird for more songbird. I have 200k songbird and it gets me 500-1000 songbird a week. When songbird is a dollar, It’ll be like having cash for life.
Songbird is a test network for flare. For a similar project’s price action look at:
https://coinmarketcap.com/currencies/kusama/
I agree, though I would get cold storage asap...I don't trust a single crypto exchange. There was a time when I was making bank off of Cosmos via staking on Osmosis, but Coinbase wouldn't let me sell my tokens there cause they needed to maintain their reserve of Cosmos for their own staking purposes...that's when I knew it was time to get some different wallets.
Tether is literally fake and gay. It's the fed of crypto...literally just prints millions of Tether whenever it wants to manipulate the entirety of the crypto market. If Tether didn't exist, I bet we never would've seen $60k Bitcoin and $4k Ethereum.
Tether WILL crash, there's no doubt about that, but I wouldn't wait for it to accumulate more XRP(and gold and silver probably). There's no telling exactly what will happen, if Tether crashes while XRP has regulatory clarity then it just might go up...who knows? If XRP hits anything above $100 then you'll want to be holding as much as you can when you can.......not financial advice I just like the token =)
Yes, I do have my XRP and XLM already in cold storage. You mentioned gold and silver, and I’m covered on that as well. Also have GME DRS’d, and a big short position on the market… So I’m hopeful that out of those four avenues at least one will pay off. Just trying not to put all my eggs in one basket.
It seems as if silver is the safest bet, the one most likely to surely escalate in value.