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HomeCrypto NewsMarketHere's One Huge Mistake XRP Holders Must Not Make This Bull Run: Expert

Here’s One Huge Mistake XRP Holders Must Not Make This Bull Run: Expert

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With XRP nearing a major breakout, leading crypto commentators continue to warn investors not to repeat costly mistakes from past market cycles.

This week, the price of XRP briefly crossed $3 after five months of trading below that level. This price action followed a wave of bullish developments, including the launch of XRP futures ETFs, the conclusion of Ripple’s lawsuit with the U.S. SEC, and growing institutional interest in crypto.

At press time, the XRP has dipped slightly, hovering at $2.92. However, market watchers emphasize that the price explosion is only just beginning.

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In a recent episode of the Good Morning Crypto podcast, host Abdullah “Abs” Nassif delivered a strong message to XRP investors. He warned that this is just the beginning for long-term holders.

He pointed to increasing support from Wall Street and projected inflows of trillions of dollars through tokenization and stablecoins as major catalysts for XRP’s next leg up.

“Don’t Sell Too Early,” Says Crypto Educator

One guest on the show stressed that the worst mistake XRP holders can make this bull run is selling too early. Instead, he encouraged holders to leverage and collateralize their holdings.

Additionally, he urged holders to store XRP in cold wallets and even place it in private trusts to prepare for the coming financial shift. He explained that selling XRP during a price spike only puts it back in the hands of institutional players, who will scoop it up and control the network.

“If you hold it and play the game like we do, you have a chance at freeing people around the world from the debt slavery system. I can promise you that,” he said.

Veteran Investor Recalls $52M Mistake

In parallel, co-host Johnny Crypto shared a sobering personal story. In 1997, he sold a large amount of Amazon stock too early, a mistake that cost him $52 million in potential gains.

This time, however, Johnny is taking a different approach. While he plans to take some profits, he intends to hold onto a core amount of XRP that he has no intention of selling. He’s also considering options like borrowing against it or placing it in a trust.

Essentially, these analysts stressed that investors should not exit the XRP market completely even if XRP reaches double digits. Partial profit-taking is okay, they noted, but long-term positioning is where real wealth is built.

XRP ETFs, Tokenization, and the $23 Trillion Catalyst

The hosts also highlighted several macro trends supporting XRP’s future growth, including:

  • The potential approval of 10+ XRP ETFs by October 18
  • A projected surge in the stablecoin market from $200 billion to $3.7 trillion
  • CitiBank’s forecast that tokenized real-world assets will exceed $19 trillion by 2030

Combined, these represent over $23 trillion in capital that could flow into digital assets like XRP, Abs noted.

Lawsuit Resolution Incoming

Also, speculation is mounting that the SEC may drop its appeal in the Ripple lawsuit following a closed-door meeting scheduled for July 17. Ripple has already announced its intention to end the appeal and move forward.

Commentators believe an official settlement notification from the SEC would ignite the next major rally for XRP.

Final Word: “You’re at the Right Place, at the Right Time”

The host noted that a technical breakout is likely once XRP begins to close above $3.25 on the daily charts. He believes $10 targets are on the table for 2025. Accordingly, he urged new investors not to underestimate the opportunity before them, as the market heats up and FOMO builds.

“Anybody who’s here or who just got into the XRP project, you’ve come in at the most opportunistic time in the past decade,” Abs said.

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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