Holding 1,000 XRP Tokens Might Be the Best Financial Decision of Your Lifetime, Says Edo Farina

XRP community figure Edo Farina recently suggested that holding a few XRP tokens could lead to financial freedom.

A community figure in the XRP community, Edo Farina, recently suggested that holding a few XRP tokens could lead to financial freedom.

In a post on X, Farina argued that holding just 1,000 XRP tokens might be one of the best financial decisions one could make in their lifetime.

“Holding just 1,000 #XRP might be the best financial decision of your lifetime,” he wrote.

As of now, XRP is trading at $2.33 per token, giving those holding 1,000 XRP a total value of $2,400. However, Farina’s message carries a deeper meaning.

Why Holding 1,000 XRP Is Seen As Crucial for Financial Freedom

Farina suggests that crypto investors holding 1,000 XRP or more are in a better position to achieve financial success as the price of XRP increases. For example, if XRP reaches $100 per token, 1,000 tokens would be worth $100,000. This amount could be a substantial sum for retirement for some, especially when compared to someone holding just 100 XRP tokens.

In several posts, Farina has been stressing the need for crypto traders to avoid having fewer than 1,000 XRP tokens in their portfolios. Just last week, he advised those with less than 1,000 XRP to focus on increasing their income streams in order to consolidate their holdings to the 1,000-token mark, which he views as a minimum requirement.

Moreover, Farina is one of the most optimistic and ambitious XRP enthusiasts. He has been open about his belief that XRP could someday reach a price of $10,000 per token. He has also stated the reasons why he believes this price is inevitable in the future.

In this scenario, wallets holding 1,000 XRP could potentially be worth $10 million—an amount that would be enough for many people to retire. While this is speculative, it’s part of the reason why Farina continues to encourage people to keep at least 1,000 XRP tokens.

Don’t Sell XRP Too Early, Even at $20

Given this outlook, Farina has warned that selling XRP at $10 or $20 could lead to people having "financial regrets." He compares such actions to someone selling Bitcoin at $500 years ago and missing out on the wealth that could have been accrued from Bitcoin’s current price, which is above $90,000.

However, other market commentators may disagree with this proposition. Some see the $10,000 price target as too optimistic, while others believe that $20 per XRP would be a fair point to take some profits.