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The Mental Edge Required in Trading

Don't overthink What makes some traders so successful? What separates the big earners from the big losers? What makes our emotions jump out at such critical moments? How do we stop our feelings from taking over and leading us to wrong choices? The answer? Discipline. You know exactly what feeling I'm talking about. That feeling that creeps behind when you risk your money on a trade. You thought of everything already, you chose your asset, setup and made up your mind on how to proceed. But you still get that feeling, maybe it's fear or just your mind conspiring against you, after all, in your right and calm mind you still know that the outcome of the trade is uncertain. It takes more than just analyzing charts and trying to predict two steps ahead of the market, it takes having control over your emotions, enthusiasm and fighting FOMO. Our lives and the outcomes of our actions are made up of 3 things. Thoughts Feelings Actions Imagine tho

Ripple MoneyGram Partnership - Pushing Block Chain Forward

On the 17th of June, this year, Ripple had announced a strategic partnership with the money transfer giant, MoneyGram, with an initial term of two years.

MoneyGram is one of the biggest money transfer companies in the world, operating in over 200 countries. MoneyGram is being traded under NASDAQ (NASDAQ:MGI) at a current market price of 2.28$.
Following the announcement, MoneyGram's stock price went up by a whooping 68.4%, from 1.51$ to 2.51$.
XRP is currently traded at 0.46499$. At the same week of the announcement XRP had seen a rise of 8.65%, from 0.428$ to 0.465$, it had reached a high of 0.507$.

Through this partnership, Ripple will be a key partner for MoneyGram's cross-border transfer and foreign exchange settlement using digital assets.
MoneyGram will take advantage of Ripple's xRapid product, which allows payment providers and other financial institutions to minimize liquidity costs while having a high speed transfer for their customers.

Ripple had invested a capital of $50 million in exchange for equity over a two year period.

What I find amazing is the fact that the transaction time for XRP takes only a few seconds, two to three, while in comparison to that, other top crypto's take much more time to complete.
Another important thing is that using Ripple's XRP, the transaction fees are almost unnoticeable in comparison to  other digital assets.

For the sake of example, comparing XRP's fee and MoneyGram's fee, if I were to transfer 100 US Dollars from the US to someone in Ukraine, cash pickup, the transfer fee would be 13.99, that's ~14% of what I would transfer!
With XRP, transferring the same amount of 100 US Dollars, from the US to Ukraine, directly to them, the transfer fee would be 0.00001 XRP (10 drops), or 0.00000463$!!!

Along the announcements, analysts and traders went crazy on twitter with some announcing going all in with XRP, seeing the adaptation of a money giant.

Well all that's left now is to keep an eye open, investing smart and knowing your charts!
Oh and of course don't forget Twitter hashtags to followup on crypto trends.


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