I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?
First of all, you need to know that there are different types of traders and investors in crypto market. Some people do day trading, some invest for short term and some invest for long term. You must first decide which trading style suites you. If you are long term trader, I would suggest you to buy XRP right now when the price is quite low and store it in paper or hardware wallet for alteast an year or so.
If you are short term trader, just buy in dips and sell when it pumps a bit. Do this in every dip to gain profit. I would recommend to buy XRP and let it sit in a wallet for long term to gain significant profit.