HomeCrypto NewsMarketAngel Investor Says He’s OK If XRP Goes to Zero and Bitcoin Dips to $82,000

Angel Investor Says He’s OK If XRP Goes to Zero and Bitcoin Dips to $82,000

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Angel investor Mike Alfred sparked discussion about the future of XRP by issuing an extremely bearish outlook on the coin.

In a tweet today, he said he would be fine if Bitcoin dropped to $82,000, even if XRP fell to zero. His comment shows how some crypto investors may accept significant losses in one asset as long as another is performing well.

It also highlights his deeply bearish view on XRP, suggesting the token could collapse while Bitcoin remains relatively strong around the $80,000 level.

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XRP and Bitcoin in Pullback Mode

Notably, Alfred’s remarks come at a time when both assets are under pressure. XRP is trading at $1.87, down 2% on the day after slightly recovering from a dip to $1.77. Meanwhile, it remains down 7.22% over the past week.

At the same time, Bitcoin is changing hands at $88,145, attempting to stabilize after briefly dipping to $84,500. Yet, it is still down 4% over the past week.

XRP Supporters Push Back on the Zero Thesis

Several prominent XRP supporters rejected Alfred’s claim. Longtime XRP advocate Diep Sanh disagrees with the idea that XRP’s collapse is inevitable. He calls Alfred’s view subjective rather than factual.

Alfred stood by his assessment, arguing that it builds on objective risk rather than sentiment.

Meanwhile, other commenters echoed skepticism about XRP’s long-term viability, while some defended the project’s fundamentals. For instance, X user LinDawg commented that he would “buy some more” if XRP were to go to zero.

On the other hand, some argued that XRP going to zero is unlikely, citing regulatory progress and ETFs as strengths. Meanwhile, Meteoro Genesis Labs took a more general view of the discussion, stating:

“It’s funny how everyone wants ‘the next big thing’ but ignores anything built on real fundamentals.”

Extreme XRP Scenarios Are Not New

Notably, this is not the first time extreme downside scenarios for XRP have surfaced. Earlier this week, XRP commentator XRPee suggested that a dramatic crash toward $0.20 would represent a once-in-a-lifetime buying opportunity rather than a failure.

Other investors, including Pumpius, have similarly stated they would deploy million-dollar capital if XRP experiences a major drawdown.

Notably, analysts such as EGRAG have also noted that XRP could face major declines of 88%-95% in a future bear market, depending on how high prices peak beforehand.

Ultimately, the discussion highlights a divide among investors. Some view Bitcoin as the safer asset, while many XRP holders believe in the token’s long-term value, pushing back against critics who suggest otherwise.

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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