What happened this week and what did I get into?
So, I would like to present to you which two cryptos I chose. Because as you know by now, before I invest in the selected crypto, I do a lot of analysis and then I read all the news that can influence the exchange rate in some way. I was looking for news such as integration, support, and entry points.
Okey, let's go and see it.
XRP🔥
Ripple ($XRP ) is an open source cryptocurrency that facilitates quick conversion between different currencies. Not so long ago, I wrote here why I find it a good investment. This was confirmed by that:
News from bitcoinist.com: "RippleX, the development arm of Ripple, has formally announced the integration of the BRLA Token, a stablecoin pegged to the Brazilian Real (BRL), on the XRP Ledger. This event signifies a crucial advancement for the XRP Ledger and its ecosystem, offering a new layer of stability and efficiency for cross-border and domestic transactions."
News from cryptopotato.com: "Ripple’s native token—XRP—also made the headlines in the past few days. It received support from leading cryptocurrency exchanges, such as BitMEX and Atlantis Exchange, which allowed trading services with it."
Analysis from crypto.news: "Ripple has dropped by a meager 3% in the last 7 days. A look at the 30-day chart shows a growth of about 8%."
And much, much, much news. In the meantime, I watched the exchange rate and looked for the point where I should enter. This point came to me on March 19 and I entered. You may find the price high, but as a long-term strategy, I have set myself a long-term purchase for the next couple of years.
BNB🔥
My next or second coin is $BNB in this week. Why? The answer is a simple and on a Binance, we can find a very good explanation about BNB: BNB is a cryptocurrency that can be used to trade and pay fees on the Binance cryptocurrency exchange. BNB is also the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world's most popular utility tokens, BNB is useful to users in a wide range of applications and use cases.
And as I see, with each new launch pad, the price is getting higher and higher. Since there was no new launch pad this week and there was also a correction in the pricing, I thought March 19 would also be a good time to board.
I am sure that I can realize at least a 16% return on these two cryptos this year.
What is your opinion? Thanks for share me.
Disclaimer: The information in this article is meant to serve as general information and should not be construed as investment advice