Increased holdings in KHC and gained from the XRP rally the last days
The XRP plan and results
The plan was to trade XRP between 0.50$ and 1.0$. However such plans tend to not work out as expected because XRP left this trading range below 0.50$ down to prices at 0.20$. Therefore there was an additional investment into XRP at these low prices that was at a much higher percentage of the overall fund than initially planned. In recent days this bold strategy paid off. Currently XRP trades at 0.33$ and lots of trading positions could be closed with a 20% performance or more. These closed positions mean that we sit on a bigger cash position today. Other crypto currencies like Ethereum and Bitcoin Cash also had a rally and some positions were closed there too raising the cash.
Part of the cash invested into KHC
The drop of the share prices of KHC was a welcomed opportunity to invest more into KHC. With the money from the closed XRP positions I bought into KHC at prices of 26.75$. I believe we could see a turnaround of this company in 2020-2021.
The plan was to trade XRP between 0.50$ and 1.0$. However such plans tend to not work out as expected because XRP left this trading range below 0.50$ down to prices at 0.20$. Therefore there was an additional investment into XRP at these low prices that was at a much higher percentage of the overall fund than initially planned. In recent days this bold strategy paid off. Currently XRP trades at 0.33$ and lots of trading positions could be closed with a 20% performance or more. These closed positions mean that we sit on a bigger cash position today. Other crypto currencies like Ethereum and Bitcoin Cash also had a rally and some positions were closed there too raising the cash.
Part of the cash invested into KHC
The drop of the share prices of KHC was a welcomed opportunity to invest more into KHC. With the money from the closed XRP positions I bought into KHC at prices of 26.75$. I believe we could see a turnaround of this company in 2020-2021.
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