As someone that wishes to minimize risk with my investments I choose to never or very rarely invest on a downtrend.
Without fail there's at least a couple of days of calm with XRP between moons.
Unless you're a skilled technical analyst I'd say invest in these periods and NOT in the downtrends.
This is because:
1. Catching the bottom of each downtrend is near impossible and poses significantly more risk as the downtrend could very easily continue. (Where each X is)
2. In each calm period there's a noticeable trend change (Where each tick is). This trend change is a much more reliable source of what the trend will continue to do considering our previous data.
I'm in XRP from 1.2 and I'm still looking to invest again.
My thinking is that the banks won't let XRP fail. The Banks love and need XRP. Especially if they run into more significant problems with BTC in the future.
Without fail there's at least a couple of days of calm with XRP between moons.
Unless you're a skilled technical analyst I'd say invest in these periods and NOT in the downtrends.
This is because:
1. Catching the bottom of each downtrend is near impossible and poses significantly more risk as the downtrend could very easily continue. (Where each X is)
2. In each calm period there's a noticeable trend change (Where each tick is). This trend change is a much more reliable source of what the trend will continue to do considering our previous data.
I'm in XRP from 1.2 and I'm still looking to invest again.
My thinking is that the banks won't let XRP fail. The Banks love and need XRP. Especially if they run into more significant problems with BTC in the future.