XRP the one to buy into and $GME Gamestop update spiced with a little DOGE.

I’m excited about Ripple (XRP), and I’m not the only one. Respected Ripple follower Cryptowhale last year made a very good point that Ripple was the only crypto looking for regulation. Of course, it is now regulated by the FCA. The SEC difficulties late last year did concern me but I’m feeling more bullish than ever on this crypto, maybe even slightly more than Bitcoin.

It has increased by over 10,000% since 2014. So I’m thinking longer term *Unless* there is a sudden rally then I’ll move my stop up behind the rally and take profit looking to re-invest later at a low. At the moment I’m invested at a slightly higher price than where it is right now. But not so far that I am concerned. Unlike this poor chap who bought at the top of $GME. (Thanks again Cryptowhale).

https://twitter.com/CryptoWhale/status/1358215695574704130?s=20

Please lean, never invest more than you can afford to lose in one stock. Have a portfolio.

Of course, my advice is just to hold it, you’ll be okay, it will recover, remembering that $GME (Gamestop) is due in April and I expect them to be bad. Once coronavirus is over they will be re-building the brand so we have to hold our nerves. In the short term, it’s gently rising so I’m quite happy holding my stock. ( I bought at 110, it’s currently at 64.45 long so I’m 40% down). Looking at the chart the MACD is turning up on the 4 Hour chart which gives me hope of a move up. I don’t think it’s going to be a massive rally again, but a reason to hold the stock in the longer term. *I may update this post on Market Open in a few hours once I get a handle on where we are.

@wallstreetbets has become pretty boring (sorry guys) with memes about holding $GME. I’m concerned DOGE is going to fall soon and I will buy it when I’m happy it’s pulled back at least 50% on the current price.

Charts courtesy of TradingView

My forex robot has been long AUDCAD since last week, that looks like it’s coming out of a pullback (halfway move back on a rally) so I’m looking to hit TP sometime in the next couple of days (or even maybe today!).