February 1, 2021 — Operation Ripple Buy&Hold failed
As we talked earlier, Ripple Company (Ripple) has been steadily selling its ripple coin (ripple) to the market, and Ripple has made a huge profit due to the soaring ripple price.
Through this ripple incident, someone would have made a profit, and most people would have been deceived by the ripple again and lost money. Both those who made profits and those who suffered losses should have learned the following lessons through this incident.
1. Community expectations and reality are different.
2. We need to objectively see if the issue is related to price increases or decreases.
3. Ensure that the fundamentals of the project are reasonable for investors to invest.
4. The principle of investment is to minimize losses.
Hundreds of thousands of people gathered to encourage expectations for the rise, but I hope we can analyze the reason for the drop in prices.
We need to realize that this ripple Buy&Hold plan (a plan to hold it without selling it after buying) is impossible.
Ripple was constantly selling their ripple to the market. In addition, Ripple was selling on the day of ripple Buy&Hold. What’s important that none other than Ripple has the most ripple. In this situation, it is very dangerous to invest without any doubt.
In fact, there was a case last year that stirred up the community and disturbed the market. In March 2019, a strong message was circulated to various communities in Korea to buy Raven (RVN), and prices were going through the roof, but now many investors are unable to escape losses.
Instigate the community just a ripple this time, not less than two years have resulted in a loss of investors.
These examples remind us once again that we need to invest in a fundamental project (e.g., DaFIN Fintech Services) that protects our investment.
