Ripple (XRPUSD): While my Moneygram call options are up 1...

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GreedyAgorist

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Wednesday, 09/04/2019 4:04:24 PM

Wednesday, September 04, 2019 4:04:24 PM

While my Moneygram call options are up 100%, I still plan to buy more XRP at these prices (around two bits). Especially through Uphold, since CredEarn brought the interest offered on XRP back up to 9%. That is a use case right there.

As for dilution, if this month is like the average month of last quarter, circulating supply of XRP had 0.7% added. I think we can handle that, since Ripple is out there trying to add customers for their product. Also, the price says we can handle it, since we did not break below 25 cents again. Which reminds me, all cryptos have been hit hard lately. Not easy to forget, since my diversifying into more cryptos just means I have red numbers on four rows instead of one.

The latest coattail effect from Bitcoin passed months ago; will there will be another? I think so, and if you believe in Buy Low, Sell High, you need to start with something low.

Or you could chase gold and silver. They have been putting the top crpytos to shame the last few weeks.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.