By Holding 10,000 XRP You're Avoiding a "Lifetime Mistake": Prominent Figure Argues

A prominent figure in the XRP community has raised eyebrows with a bold statement: investors who don't hold at least 10,000 XRP are making a "lifetime mistake."

A prominent figure in the XRP community has raised eyebrows with a bold statement: investors who don’t hold at least 10,000 XRP are making a “lifetime mistake.”

This assertion comes from Edoardo Farina, the founder of Alpha Lions Academy, who has been a staunch advocate of XRP’s potential for future gains.

The cryptocurrency market is full of missed opportunities, and many investors regret not acting sooner. XRP’s history is one of remarkable gains, with its price soaring from a low of $0.003 in January 2017 to an astounding $3.31 by January 2018.

This meteoric rise turned modest investments into substantial profits, with a person who invested just $30 to buy 10,000 XRP at $0.003 seeing that investment skyrocket to $33,100 at the peak.

For many investors, that 110,233% return serves as a reminder of what can happen when an asset experiences significant growth. Despite XRP currently trading around $2 with a $120 billion market cap, there’s still a belief among some pundits that the cryptocurrency could reach even greater heights, potentially replicating or exceeding its 2017 performance.

Edoardo Farina has been vocal in his belief that XRP will see another historic run, similar to what was witnessed in the 2017 bull market. His advice to investors is clear: hold as much XRP as possible. Farina has even suggested that not owning at least 10,000 XRP could be a critical mistake, one that could haunt investors for the rest of their lives.

This call has sparked debate within the crypto community, especially as data from the XRP Rich List reveals that only about 4.7% of XRP wallets (roughly 298,472 out of 6.3 million) hold at least 10,000 XRP.

While the cryptocurrency is already considered an established asset with a substantial market cap, Farina believes that the potential for further growth is significant, and investors should act now to secure a larger position.

The XRP Rich List provides an interesting perspective on the distribution of XRP. With millions of wallets in existence, the percentage of investors holding at least 10,000 XRP is relatively small, indicating that most holders own much less. This bit of data highlights the level of commitment by those who have bought into Farina’s belief that XRP is still on the cusp of future price surges.

Despite XRP’s current market value, Farina and other XRP enthusiasts argue that the cryptocurrency’s true potential is yet to be realized. The call to hold a substantial amount of XRP is not just a financial strategy but a long-term vision for what many believe could be a transformative asset in the future.

The narrative surrounding XRP has changed dramatically over the years. Once embroiled in legal battles with the SEC, XRP has now solidified its position as one of the top cryptocurrencies in the market. While some remain skeptical of its future, others like Farina are unwavering in their optimism.

With its established presence in the crypto space and a loyal following, XRP’s future remains a topic of significant interest. Farina’s bold prediction that investors should own at least 10,000 XRP adds fuel to the fire of this ongoing debate, encouraging more individuals to consider increasing their holdings before the next potential price surge.

As the cryptocurrency market continues to evolve, only time will tell whether XRP will follow in the footsteps of its past success or face new challenges. But for those following Farina’s advice, the hope is that XRP’s best days are yet to come.