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RE: RIPPLE (XRP) Is Becoming a PROFIT TSUNAMI!! Target $4.11 (200% Profit Potential)

in #bitcoin7 years ago

Different exchanges show different prices because those are the actual prices the stuff is trading for on those exchanges at any given moment. When you see a news story that says "this cryptocurrency hit this price today," that's the high price it hit on the exchange the person reporting it was watching.

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Oh, so there is nothing worry, right?

I am going to cash out as soon as it hits $3.5 again on Binance.. it was booming on Friday and I should have sold it at $3.70, will learn from this now and not get greedy next time.. XD

Correct -- there's nothing to worry about. The price of a crypto may move at one exchange before another, although they tend to converge (if it goes up from $3 to $100 on one exchange, it's unlikely to drop to $1 on another -- the traders are out there watching and so it tends to move in the same direction and at roughly the same speed everywhere).