I have lost approximately 700 USDT in the last 2 months. To recover the investment, I would have to hold until the value of XRP rises to 3.4 USDT. I am not an expert or technical, just another user. I have noticed several things and, despite that, I still can't figure it out. Among the things I have noticed are the following:
No matter how technical the chart is or what pattern it follows, what happens is determined by the news around these cryptocurrencies and how it affects trader sentiment.
There are buying and selling patterns generated by bots, but the differences are very small.
Sales and purchases and their volume go hand in hand with Bitcoin.
Seeing what you have lost and at the same time thinking you can recover by buying at a low price is a misleading sentiment. If you have reached the point of doubting it, stop doing so.
Many times, even though these coins drop in value, they can recover in a month or two. Just be patient and if you feel that you have already lost enough, stop there.
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