When I bought XRP, I was expecting it to get here months ago. Since Ripple is the dark side gross-feeling redheaded stepchild of crypto, it makes sense it took this long just to get to $2 given the news involved with the company combined with the wave of wakening of fiat institutional thinkers.
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I was in Ripple in early October because it seemed to make sense, but nobody else was so I left... sigh - I'm only doing this with household money. So I joined again these last days but never stayed overnight, and then I started to have trouble selling, exchange was down at times - too many people.
So I made way more profit than expected this week and decided to get out and look for something more stable. I see it going way higher still but this kind of volatility is not what I'm looking for.
Your point about the slow wakening of institutional thinkers (as well as the general populace) is rather valid.
One thing I've learned is that just buying and holding the top 10 is the smartest move, plus buying more at the dips.
This seems to be a good time to enter re-enter the top coins, though I don't see why I should be in three or so coins that always go up and down in parallel. But btc and eth, certainly. Im aiming to make about 10% per week next year trading, and be steady about it. To do that, you need coins that are slowly rising or falling, just not too much, and if hysterical action takes place somewhere else to draw the attention of thrill seekers, I wish them luck as that may profit the overall coin market.