If nothing unprecedented threats the industry XRP can be one of those cryptos of the future which has a high potential. Some have set targets that seems to be far too high and please remember that in such a case governments will have to make serious decisions. Then, as I have mentioned before we need to consider several things at the same time:
1. PESTEL Analysis of the total Market
2. SWOT Analysis of the whole industry
3. Capital Management : Portfolio Diversification; Technicals & Fundamentals Elicitation;
4. Risk Management: Calculate R&R Ratio of the "timeframe" in which you feel convenient most;
5. Buy/Sell in Different time & price intervals;
6. Personal & Market Psychologicals;
This text is not a prescription to buy, hold or sell anything at all.
1. PESTEL Analysis of the total Market
2. SWOT Analysis of the whole industry
3. Capital Management : Portfolio Diversification; Technicals & Fundamentals Elicitation;
4. Risk Management: Calculate R&R Ratio of the "timeframe" in which you feel convenient most;
5. Buy/Sell in Different time & price intervals;
6. Personal & Market Psychologicals;
This text is not a prescription to buy, hold or sell anything at all.
