Are the fees less on Kraken if I convert crypto to Tether instead of just cashing to USD? (I’m not concerned about the tax implications).
Meaning to replace a buy sell fees to USD. Seems the fees to USD are high.
Before I try I’d like to know if the total fees are less converting to USDT instead to just USD.
Thanks. Want to ask before I try it. 🤷♂️
Are the fees less on Kraken if I convert crypto to Tether instead of just cashing to USD? (I’m not concerned about the tax implications).
Meaning to replace a buy sell fees to USD. Seems the fees to USD are high.
Before I try I’d like to know if the total fees are less converting to USDT instead to just USD.
Thanks. Want to ask before I try it. 🤷♂️
My portfolio is 50% XRP. Just To be clear.
Here’s my issue when I get technical updates on my phone daily about XRP’s technical analysis.
“XRP up 5% last 24 hours, Resistance at $1.20 then blah blah blah.”
My cost basis is $1.07.
It doesn’t even talk about other crypto and what they are doing. 🤷♂️
I’m only commenting for the newbie’s benefit. (I realize XRP has decoupled in the past so I’m not fully blinded)
My issue is IT ONLY HAPPENS when liquidity comes into the ENTIRE market!!???
I see XRP go up and I go “nice”. Then I look at BTC and other top 10 and the movement graphs look exactly like Bitcoin.
I’m not against XRP. I even have a ball cap. Lol.
I’m just going to say, since the Clarity Act may tank, why don’t I just put my entire portfolio 1/6th split into the top 6 cryptocurrencies.???
Seems I’d gain the same.
To be clear, I’m on my last year of work and from experience, chasing pumps are a gamble on the memes below the top 20 market cap tokens.
If I can make 5 to 10% on my investments by January 2027, I’ll be happy.
Any suggestions?
Thanks. Retirement in 2027. I’m 66. 👍
I see the comments of “shake out the fearing investors”.
The funds I have in XRP can go low and I’ll be okay. Food, roof, car. Etc. not selling!
Don’t put rent money in crypto is my only “suggestion”. Not financial advice.
If the whales want to take out this dolphin retail investor, all they need to do is pump the price to $5 to $10, I’M OUT OF YOUR HAIR. 😂
Cost basis is $1.05. 🤦🏻♂️
Frankly, because I’ll ride it to cents. Not because I’m hard headed, but because my life savings is not in crypto.
Happy HODLing!!!
My humble request. 👋
I’m down 10 cents per token on my XRP cost basis now. I almost cashed out last night. If it weren’t for gas fees I would have. 🤷♂️
Not all but most of crypto is down.
Bitcoin, ETH, altcoins, etc. This is my first time to HODL.
Again, it’s not just XRP. Money is leaving the crypto communities in droves.
Good luck everyone!!
So, these negative articles on the price of XRP today and it’s all doom and gloom. Phooey
Yes, I get notifications.
So I read this negative stuff and go “Well, I’ll keep holding, don’t want to sell at a loss.”
THEN I go and look at the entire state of the crypto market! IT’S NOT JUST XRP!
Sheezz. The entire market is dumping!! Look at bitcoin, etc. all down over >3% the past few weeks.
So essentially and of course, I’m going to continue to hold.
For the newcomers, don’t let one article about XRP’s current dilemma (Whales getting out, etc.) cause you fear. These articles can be written for any top 25 tokens for today. Just replace XRP with your favorite token in the article. Beware. Research. My humble motto. Lol
It’s crazy. These articles on Google or wherever will not clarify this.
It’s the entire crypto MARKET SILLY!! 🤷♂️🤷♂️🤦🏻♂️🤦🏻♂️
Signed,
Holding in Oklahoma. Come what may. It’s not real money or a loss until I cash out.
Happy holding if you can.
Not financial advice.
I’ve had/have XRP as a major player, over 50%, in my crypto portfolio for a bit over a year and a half.
Have I lost money? Sure. I didn’t invest what I couldn’t lose.
The crypto market is tanking today right at my year of cash in. But such is life. I can’t take it with me when I pass on. 🤷♂️
What’s my point? I woke up today in the western hemisphere to see most all crypto in the mud.
So what do I do? I purchased more XRP at $1.29. More HBAR at a discount.
YES, I’m buying the dip while all big money is LEAVING seems like. I’m retail.
Here is the thing. I am 66 about to be 67. I’m cashing out as soon as the crypto market goes up OR in 6 months. I’m retiring and I’m getting out. My living will be using my 401k not crypto. Crypto was/is a sideline.
Do I kick myself for cashing out of raveDAO at $3 from 0.20 a month or so ago? Yes. Haha. (It topped at $28 during the short one week manipulated squeeze.)
Anyway, if you’re young and can hold, my opinion only and not financial advice, is to hold. I would if I mentally could.
Do I remember XRP at $2.80? Sure. NOW WE ALL ACCEPT THE $1.38 to $1.30 window as the norm. Lol.
What am I doing? Buying this week. Don’t follow me. The IRS sees my deduction not profit. 😆.
I’m not leaving, I just wanted to share what happens if you don’t invest for LONG TERM like I think people should. I didn’t. Oh well.
Stay strong!!! Set limits, etc and enjoy your life if possible!!
I’ve been in Crypto for a year now. I started with a presale or MUTM. Then put a small amount in Littepepe.
Note: I’m in real tokens now or the top 10 lol.
I learned my lesson with SNORT. Lost 50% cashing out. The HYPE is an issue.
Ok, yes, there’s going to maybe be people go “You dummy “ lol.
NOT FINANCIAL ADVICE HERE. Just telling my experience!
ANYWAY, I find it so funny that the last two presales I’m in now will never end. NO I’ll never get into another one. It’s been a year as they are holding my $3000.
MUTM has been over a year and barely half finished. LittlePepe, same.
This is information for any new comers like I used to be. Again, NOT FINANCIAL ADVICE!!!
Do your own research!!!
Many are a trap to hold your funds and make profits/interest by their investments with your money they seem they will never release.
Anyway, happy investing and does anyone agree there are “never ending” presales?
Are there any positive stories for these bait and switch projects?