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File: 97 KB, 1000x995, ripio-credit-network.jpg [View same] [iqdb] [saucenao] [google]
19778658 No.19778658 [Reply] [Original]

RCN - Ripio Credit Network

It's one of the very first movers / innovators inside the Defi space of Global Lending, pretty much like Aave (LEND). Team includes some of the best devs in this niche, it's not by chance that Argentina is among the leading countries in the area.

RCN has always traded with very similar multiples against LEND, until few months ago, both projects were trading at around $30M marketcaps. With the launch of Aave new platform, LEND seen it's token price skyrocket and has now a market of $123M, while RCN trades at $38M right now... This big difference will not stay like this for much longer.

Bull Case:
- RCN is about to introduce various upgrades and a brand new platform with tons of new stuff.
- Market has never been so Bullish for Defi, and RCN besides being a pure hardcore defi play, it's also one of the few big names that still trades at an "affordable" price.
- Big Institutional money is entering the space, literally pumping every name in Defi, with bigger prices, the big players tend to search for this hidden gem, RCN is out there (it's listed in Binance).

Strategy:
Buy RCN ahead of the adjustment buys from the big players, sell half the position at 2X price, Hodl the rest for the upcoming alt bull run. Remember, the fair price for LEND is still way ahead it's $120M market cap, probably near $400M, so in this case of RCN and giving it a lower multiple, fair price is never less than $200M.

Good luck guys!

>> No.19778742

Scam.

>> No.19779264

>>19778742

Dude, do some research before saying shit. RCN is a leader in Lending for years, been on the Top100 for ages !

>> No.19779305

This is one of the first gems I've traded back last year when the definitive rally started. I agree with the op, it's in that sweet spot before the run. Good Call!

>> No.19779312

Scam

>> No.19779712

Another shit coin

>> No.19779714

>>19779312
Fucking ignorant

>> No.19779745

>>19779712

Fuking ignorant loser, shicoins dont get listed in Binance: https://www.binance.com/en/trade/RCN_BTC

>> No.19779950

>>19779714
It's been dumping for like the last month and looks bearish

>> No.19780430

>>19779950

True, and if you look at the chart, it's exactly how it behaves in the past. It will jump back soon, like always, but this time there is much more new territory to explore. Marketcap is not adjusted to the other players in this space.

>> No.19780552

>>19780430
Ok looks like it broke out of a falling wedge recently, hope we get a pump soon

>> No.19780727

>>19779950
look at the daily you fucking retard. this is the exact entry point you want. low vol. macd cross. fuck you.

>> No.19780903

>>19780727

Exactly... this 4chan is full of retards, calling it a scam, shitcoin, ffs!!! lol

This is like free money, this call... just buy and hold a few weeks and its free money, no risk.

>> No.19780937

It seems like it just needs a small pop, to trigger a whole lot of motion from here.

>> No.19780947

>>19780727
>>Look at the daily
I did you clown and we broke a major trendline about a month ago and price has been falling ever since

>> No.19781509
File: 163 KB, 1894x928, Screenshot 2020-06-18 at 02.15.30.png [View same] [iqdb] [saucenao] [google]
19781509

>>19780947

No you didn't, you fucking lasy retarded. This trading setup, is text-book material, as easy as it gets... just look at the attached chart.

Immaculate Bullish trend, solid trading channel, with RCN at the sweet spot right now and ready for a pop.

The thing is, this time, and taking in consideration whats going on Defi, RCN will not stop at the top of the channel, it will explode.

Isn't this obvious as fuck for any guy with average IQ ? or do you need an ELI5 ?

>> No.19781592
File: 141 KB, 1810x922, Screenshot 2020-06-18 at 02.23.09.png [View same] [iqdb] [saucenao] [google]
19781592

And here the mid term chart projection.

Target: 0.000024 BTC

Easy as fuck! except this is all going to happen much faster than the chart projects, because velocity has changed (look at LEND, UBT and other projects in the same group)

>> No.19781650

>>19781509

Nice setup bro! you rule the school! I've just bought 25k!

btw, some crook in reddit copied your bull case, and some ass holes have down vote it.

https://www.reddit.com/r/CryptoMoonShots/comments/hb0y2h/rcn_this_defi_gem_will_triple_up_in_the_next_2/

>> No.19781834

>>19781650

fuck that shit, trolls will be trolls

>> No.19781889
File: 147 KB, 1920x875, RCN-BTC-D.png [View same] [iqdb] [saucenao] [google]
19781889

>>19781509
Nice lines idiot, except you drew them wrong

>> No.19782062

>>19781889

HAHAHAHA what a fucking idiot!!! where did you learn Technical Analysis? in the retard school?

You begin your line before the genesis move you idiot! thats outside the pattern. Go read a book!

That way, every single move will get invalidated by your dumb support lines.

FUCK.... I CANT STOP LAUGHING at your noob attempt to technical analysis!!!!! AHAHHAHAHAHAHAHAHHA

WHAT AN IDIOT !

>> No.19782156
File: 218 KB, 1802x970, Screenshot 2020-06-18 at 02.59.30.png [View same] [iqdb] [saucenao] [google]
19782156

>>19781889

Let me have more fun...

this lesson is free, understood retard?

In the attached image, there is your strategy with your retard lines, in other words, lines that mean jack shit in technical analysis. Lines drawn by fucking retarded losers like you. Lines that make other losers (your family and friends) to lose even more money.

Lines that make smart money laugh out loud !

Got the lesson ? Fucking retarded fuck !

>> No.19782310

>>19782156
Shut the fuck up you bum, your lines are fucking dog shit and you don't know shit about TA, go jerk off to Internet porn now you little virgin

>> No.19782421

>>19782156
Can't even fucking spell, you fucking dumb nigger monkey 3rd worlder

>> No.19782537

>>19782421

Nice arguments idiot. I love when a retarded troll like you, loses the discussion and breaks down. Asta la vista ass hole. go buy some shitcoins with your retarded lines.

There is a good book for retards like you "Technical Analysis for Retards" its one of those yellow books for kids, useful for you.

>> No.19782596

>>19782421

What a loser man, you clearly don't know what Technical Analysis is. It's not just drawing some Radom lines dude, op is 100% right, you are a joke!

>> No.19782806

>>19782596
>> don't know what Technical Analysis is
Hahaha he capitalizes technical analysis. Learn how to spell before you start trying to teach people about TA. What country are you from anyways? India? You don't know shit about TA, you're most likely a desperate bagholder

>> No.19782970

>>19782806

Make yourself a favour and go learn TA. First basic thing to learn is how to draw a support line. And you can never draw a line before the genesis move, otherwise that line has absolutely no validity, it will be broken in every pullback, giving you false signals and making you adjust the line everytime.

That is so basic, that hurts to watch...

I'm from France, and I'm writing in your language, sorry for any mistakes. Do you speak French?

Listen, you must be a Trump BJ fanboy, so I give it a discount on your low IQ. No hurt feeling gringo!

PS: Forgot to tell how retarded you and your Trump friends are.

>> No.19783004
File: 689 KB, 498x443, tenor.gif [View same] [iqdb] [saucenao] [google]
19783004

>>19782806

You fucking American Trump lovers. You must stop drinking disinfectant !!! that shit is not safe !!!

>> No.19783095

Jesus Christ! 4chan random guy trying to draw a TA line. What a disgrace, RCN is fucking bullish af. Been on a bull market since last year, had a major consolidation phase and it’s ready to pump.

How anyone can see it as bearish ???? Wtf !!!! Grow some balls and learn how to draw a fucking line!

>> No.19783124

>>19783004

LOL LOL LOL

>> No.19783142

>>19783095

Fuck that guy, let him make America Great Again! NOT !!!!

>> No.19783161

>>19782970
Hahahahahahaha you're from France lol. You Indians crack me up. And what's this genesis move you're talking about you clown? Hahaha, WTF? Did you learn TA in a fucking bathroom or something?

>> No.19783172

>>19783004
Hahaha, someone sounds very jealous of Americans

>> No.19783203

>>19783095
Hahaha, how many accounts are you going to keep posting from man? Are you from France too? Hahahahaha.

>> No.19783286

>>19783161

Genesis move, the first spike that start the bullish setup (September / October), after that move you know you are in a bullish setup, you start your TA scenarios after that, never before like you did you fucking retarded.

Yes you write english better than me, i dont give a fuck about your language anyway, but about TA you are an absolute joke.

Yes I'm really jealous of your shit hole country, where cops kill people because of color and your president tells ppl to drink bleach, America is a joke, at least all the dumb Trumpers like you.

Go learn TA or go eat a Burget you fat fuck Trumper.

>> No.19783341

>>19783203

Argentina you puto burro! We created RCN and most cool shit you can see in Defi.

What an ignorant American specimen, you guys belong in the Zoo.

>> No.19783374
File: 998 KB, 410x258, baseddept.gif [View same] [iqdb] [saucenao] [google]
19783374

>>19783341

>> No.19783375

>>19778658
May take off in a run. I understand the play (buying a cheaper aave), but I’m not quite as confident in another 2017 run. Good luck to you guys though. Hope you get fucking rich

>> No.19783409

>>19783375

Thats exactly the play, buying a cheaper Aave. RCN is no match for Aave, but their marketcaps cant be on the current ratio, not with whats happening in Defi right now.

>> No.19783445

>>19783203

Écoutez-vous, grosse baise, votre QI est plus petit que la racaille nigériane moyenne. En fait, vous êtes stupide en tant que pays du tiers monde, les gens en Afrique peuvent faire une analyse technique mieux que vous, et ils ne possèdent même pas d'ordinateur. rendez-vous service et accrochez-vous dehors.

>> No.19783648

rip.io

F

>> No.19783680
File: 74 KB, 924x730, Screenshot 2020-06-18 at 05.04.29.png [View same] [iqdb] [saucenao] [google]
19783680

It's breaking out in the hourly chart, as we speak...
Some guys gonna make a fortune... some other guys will definitely learn how to draw lines HAHAHA

>> No.19783693

teeka sucks

>> No.19783751

Thanks, just bought 100k !

>> No.19783812

>>19783751
100k is not enough bro :) Buy at least, half of what you have in LEND, it's at HUGE discount.

>> No.19784689

Fuck... its breaking out !!! beautiful!!

Its going to be a very good day...