The Rokslide Stock Traders Thread

[jbwright]

I'd exercise caution with broad market investments, especially S&P 500, due to liquidity concerns and high valuations, with potential revenue flattening in 2025. Federal Reserve's quantitative tightening, government budget cuts, Yen carry trade unwind, and U.S. debt refinancing are major liquidity risks.
Selling cash-secured puts on SMID caps during dips and covered calls on rips; that's my strategy right now.
Last time fear/greed index hit low 20's it bounced back. IMHO we're headed into the abyss or should see a good bounce back. But all of the threats to the downside are there. Esp market liquidity. And valuations. Both sustainable threats in this market. But I'm a buyer on certain positions on double digit moves too...and selling CSP's to collect some yield on positions I don't mind being put to me. Good premiums in higher volatility.

 

[CorbLand]

I’ve been expecting BTC to break down below 90k and eventually down to 74k ish…but not enough to take profits when it was 100-108k
I’ve got to work on my profit taking skills.

You and me both.

I really hope nobody followed me and bought the dip yesterday.

 

[SWFLhntr]

Hmm I just had to right a check for my 2024 SEP. probably wait a week on the rest of my Roth for 2025. MSTY at $19

 

[Dr.Spaniel]

What's up with crypto?

There is a ton of trash coins. I’ve chosen XRP, which is created by Ripple, because of the utility. It allows for cross border payments and transactions that happen instantly.

Key Features Of Ripple​

“Ripple's architecture brings three main advantages to global transactions: speed, cost-effectiveness and scalability. These features make it a compelling alternative to traditional banking systems and other cryptocurrencies, particularly for financial institutions handling large volumes of cross-border payments.”

Speed And Efficiency​

“Ripple processes transactions in 3-5 seconds through its consensus mechanism, compared to Bitcoin's 10-minute block time or traditional banking systems that can take days. This speed comes from XRP's unique validation process that doesn't require mining. The network can settle over 1,500 transactions per second, making it practical for banks' real-time payment needs.”

I rolled the dice four years ago at .35¢ a pop. Now it’s hovering between $2.20 and came up to $3.50 ish. Could get much higher when they get through the SEC lawsuit they are involved in. Anyway, as always do your research. I use Coinbase and Uphold to trade and store. You’ll want a wallet too, for storage. Also, I tell no one about my “bag” not even a best friend or a spouse. Three factor identification on every app I use. Happy to answer any questions as best as I can.

Here is an article that came out today, worth a read, super basic info.

https://cryptodaily.co.uk/2025/02/xrp-price-prediction-will-regulatory-clarity-send-xrp-to-new-highs

Price prediction

Ripple XRP News—XRP Price Breakout: Analyst Predicts Rally to $60 - Brave New Coin

The price of XRP is in the spotlight as analysts highlight potential breakout levels that could drive the cryptocurrency to new heights.

bravenewcoin.com

Japanese banks are set to use xrp

https://www.coinspeaker.com/can-ripple-rally-to-30-due-to-bank-of-japan-usage-of-ripple/amp/

 

[D S 319]

There is a ton of trash coins. I’ve chosen XRP, which is created by Ripple, because of the utility. It allows for cross border payments and transactions that happen instantly.

Key Features Of Ripple​

“Ripple's architecture brings three main advantages to global transactions: speed, cost-effectiveness and scalability. These features make it a compelling alternative to traditional banking systems and other cryptocurrencies, particularly for financial institutions handling large volumes of cross-border payments.”

Speed And Efficiency​

“Ripple processes transactions in 3-5 seconds through its consensus mechanism, compared to Bitcoin's 10-minute block time or traditional banking systems that can take days. This speed comes from XRP's unique validation process that doesn't require mining. The network can settle over 1,500 transactions per second, making it practical for banks' real-time payment needs.”

I rolled the dice four years ago at .35¢ a pop. Now it’s hovering between $2.20 and came up to $3.50 ish. Could get much higher when they get through the SEC lawsuit they are involved in. Anyway, as always do your research. I use Coinbase and Uphold to trade and store. You’ll want a wallet too, for storage. Also, I tell no one about my “bag” not even a best friend or a spouse. Three factor identification on every app I use. Happy to answer any questions as best as I can.
Here is an article that came out today, worth a read.

https://cryptodaily.co.uk/2025/02/xrp-price-prediction-will-regulatory-clarity-send-xrp-to-new-highs

What are your thoughts on ripple owning at least 55% of the supply?

 

[NDGuy]

Blood in the streets.

Probably time to buy again.

We are like 2.5% off ATH we haven’t seen nothing yet

 

[DapperDan]

XRP

I’ve been holding out to find a time to enter


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[MountainTracker]

We are like 2.5% off ATH we haven’t seen nothing yet

True but people act like it’s all over haha, still good time to nibble


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[NDGuy]

True but people act like it’s all over haha, still good time to nibble


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They'll be jumping out of buildings when it gets real bad

 

[Dr.Spaniel]

What are your thoughts on ripple owning at least 55% of the supply?

I’m not concerned. It would be difficult to move the price without having to dump billions of coins at a single time. There is a hard cap of 1 billion coins that can be released every month. They have never come close to that. XRP is competing with BTC and ETH and If I have learned anything from my small foray into crypto currencies, it is that people are absolute fanatics about the coins that they believe in. And will do everything in their power to make you believe that anything that’s possibly good about your favorite coin is actually horrible and you should dump your bag right this second.

 

[Dr.Spaniel]

I’ve been holding out to find a time to enter


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If it ever drops below $2 again. But, might just have to be now.