Wall Street financial expert Linda Jones has endorsed the idea that buying XRP now before the anticipated arrival of “big money” institutions is wise.
Jones conveyed this sentiment recently on X while reacting to a podcast where James Jay attempted to give XRP holders reasons to be less frustrated about XRP’s movement.
Wisdom. 💜 https://t.co/KKyViUGqFM
— Linda P. Jones (@LindaPJones) May 20, 2024
Big Money Will Enter XRP at Opportune Moment
Jay provided reassurance using the supposed impending arrival of institutional investors to XRP, suggesting it would be at a strategic moment. He supported his perspective by comparing it to the situation previously seen with Bitcoin.
Jay highlighted that the big money investors in Bitcoin were not involved during its early years, from 2009 to 2015. He pointed out that significant players, like Michael Saylor, began investing in Bitcoin when its value surpassed $20K.
Saylor’s company, MicroStrategy, observed Bitcoin when it was under $10 but chose to invest at higher levels. According to Jay, institutional players view the above $20K threshold as confirmation that the asset has come to stay.
In his words, “It’s not like they didn’t see Bitcoin at $0.51, but they weren’t willing to get in and wait. What they did is what most people couldn’t do: they jumped in with a level of understanding.”
In parallel, Jay contemplated a future where institutions might mirror their Bitcoin strategy with XRP, waiting for it to stabilize at a high value like $100 before recognizing its viability. He suggested that at such a point, institutions would acknowledge the need to hold XRP to sustain its price above $100.
As a result, the commentator argued that after XRP’s price soared due to institutional buying, many would regret not purchasing it at the current lower price of approximately $0.5.
Essentially, the community pundit believes that similar to Bitcoin’s price surge following institutional investment, XRP is likely to experience a comparable trajectory. He noted that those who exit the XRP market prematurely might rue their decision even after significant gains from selling at $10.
When Is Big Money Coming?
Overall, Jay drew the comparison to encourage XRP holders to view the potential high-value threshold as a form of validation and confirmation.
He emphasized that it took institutional investors roughly a decade to embrace Bitcoin. In parallel, he suggested that XRP investors should remain patient with an asset that has been underperforming for just six years. He urged them to conduct further research to understand XRP’s promising future.
Moreover, Jay posited that the adoption of XRP by ‘big money’ would not require a decade as it did with Bitcoin. He highlighted the likelihood of significant fear of missing out (FOMO) and regret among those who fail to recognize and invest in XRP’s potential before institutional investors drive its value up.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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