Well well, I am not sure anyone expected the Ripple case to be settled today! However it was, and it was what I expected for the most part! XRP a commodity, that has a nice ring to it!
Here is one link out of many detailing the news: https://cointelegraph.com/news/ripple-wins-case-against-sec-as-judge-rules-xrp-is-not-a-security
For one, you can look back at some of my recent posts, and I predicted that this would happen. Again, I must be something of a cryptodamus! Here is one post that I put my predictions on recently on Publish0x: https://www.publish0x.com/twodogscaged/my-crypto-predictions-xozxlyw
For a recap of that post my FIRST prediction was this:
"Prediction 1: Ripple XRP wins the case against the SEC and it's price skyrockets." This came true and will only go higher!
A recap of my SECOND prediction was this:
"Prediction 2: When Ripple wins the case against the recent cryptocurrencies who were labeled as securities prices also skyrockets." This came true and they will only go higher!
A recap of my THIRD prediction:
"Prediction 3: A final prediction dealing with the first prediction. The SEC will lose and most cryptocurrencies (at least major ones) will be identified as commodities." This remains to be seen, but honestly, who thinks it will go any other way now that PRECEDENT has been set?
I have to say that when one looks at information from an assessment perspective it takes the emotional reaction and impulsivity out of things. I do this when I write psychological assessments. It helps in thinking about any topic, be it an individuals psychological makeup, the macro-environment involving cryptocurrency, and even when investing in any type of thing.
Overall, I think it was simple to come to the conclusions when I made my predictions, again read the information from an unbiased perspective. That is, do not want one outcome more than the other. Let the information guide you to the outcome that is, not the one you want. Today this paid off handsomely in terms of my own investments!