[ccpw id="39382"]

HomeCrypto NewsMarketHere’s Why Your Biggest Mistake Could Be Selling XRP Too Early

Here’s Why Your Biggest Mistake Could Be Selling XRP Too Early

Date:

Follow TheCryptoBasic

XRP has taken the limelight as a prominent figure in the investing community has called attention to the dangers of selling promising investments too soon.

He warns that the biggest mistake most investors make is selling a big winner prematurely. This caution comes from the veteran investor behind the popular X account “Invest In Assets,” which has built a reputation for helping people grow wealth through insights on quality stocks and Bitcoin.

While the market analyst did not mention XRP or any other asset, the message resonated with XRP advocates, who have long championed patience over short-term profit-taking.

- Advertisement -

Even Selling XRP at $10 May Be Too Soon

In numerous posts on X, pro-XRP crypto educator Edoardo Farina has warned that selling XRP too early could cost investors life-changing gains. He believes exiting even at $10, a psychological level many see as a reasonable profit point, could become a decision holders regret for years.

Farina recalls how, in November 2024, XRP broke past $1 for the first time in over three years. Many expected a pullback to $0.50, but the retracement never came, and the token surged to $2. Those who sold early missed out as the coin continued its climb to $3.66 this year.

With widespread hopes of XRP surpassing double or even triple digits, advocates like Farina believe the pattern of premature selling and regret could repeat on a much larger scale in coming market cycles.

Lessons from Bitcoin, Berkshire Hathaway, and Apple

Notably, the long-term case for XRP often draws parallels to other legendary investments. Farina likens buying XRP at $2 to buying Bitcoin below $100. For context, this investment for BTC holders would now be worth over 100,000% more.

Similarly, American wealth mentor Linda Jones has compared XRP’s current phase to the early days of Berkshire Hathaway, when only patient shareholders recognized its future value.

Berkshire Hathaway stock has returned more than 292,000% since its inception. Jones suggests that XRP’s true worth might only become clear after years of adoption in global payments.

Likewise, XRP influencer John Squire has likened selling XRP today to offloading Apple stock just before the iPhone’s launch. He argues that XRP’s current price doesn’t reflect its full potential, given Ripple’s growing partnerships, cross-border utility, and rising adoption.

Apple’s stock soared by over 8,500% after the iPhone launched in 2007. XRP advocates believe similar catalysts, like ETF approvals, potential use in U.S. digital reserves, and corporate adoption, could send XRP from $3 to triple-digit price levels or beyond.

The “Buy Back Lower” Trap

Meanwhile, Farina has also cautioned against the strategy of selling to buy back at a lower price. He stresses that geopolitical events, market manipulation, and sudden institutional news can send prices soaring overnight, leaving sellers locked out.

His personal strategy is to sell only small portions at $10, $50, and $100 while keeping most of his XRP for lending once regulations allow institutional borrowing. He believes this approach will generate income without giving up the asset entirely.

Ultimately, as Invest In Assets puts it, the biggest mistake investors make is not missing the bottom but selling too early, at what turns out to be only the beginning.

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.

More from Author

Latest Stories

Guides