Coach JV, a financial expert, has suggested that investors who buy XRP under $2 could become legends in the next four years.
Coach JV’s clarion call comes on the back of the ongoing market-wide downtrend that has placed bearish pressure on XRP’s price since October. While October and November led to a combined 26% decline, it wasn’t until December that XRP completely lost the $2 price level, currently trading for $1.89 at press time.
XRP Slips Below $2 But Pundit Sees Opportunity
Recall that multiple market analysts, as well as Glassnode, have called attention to the $2 mark as an important level for XRP, insisting that the crypto asset needs to maintain the support at this psychological level. With XRP now trading below $2, market sentiment has turned sour, as pundits like Ali Martinez expect steeper declines.
However, Coach JV believes this recent drop presents an ample opportunity to procure XRP at much lower prices. He presented this sentiment in a recent post on X, calling attention to previous commentaries he made around XRP price when the crypto asset traded at far lower levels.
According to Coach JV, he kept beckoning investors four to five years ago to purchase XRP at $0.17, insisting that doing so would make them legends years later. For context, XRP last traded around the $0.17 mark in July 2020, five years ago, amid the downtrend that began in January 2018, as XRP collapsed from the $3.31 peak.
Coach JV says he persistently asked investors to amass XRP at this price and hold it for four years. Notably, XRP soared to a peak price of $1.95 in November 2024, four years and a few months later. For perspective, an investor who committed $50,000 into XRP in July 2020 would have amassed 294,117 tokens. At the $1.95 peak in November 2024, this investment soared to $573,000.
“You’ll be a Legend Buying XRP Under $2”
Today, with XRP back below the $2 mark, Coach JV now suggests that the market has presented an opportunity similar to the one from the $0.17 low in July 2020. “You’ll be a legend buying XRP under $2 and holding it for the next four years,” the financial expert remarked.
According to him, such investment is not about trying to time the market but about the time at which investors enter and exit the market. Coach JV noted that most investors face losses because they seek get-rich-quick schemes, which deviate from his suggestion of a 4-year holding period.
He stressed that these unprincipled investors look around, waiting for saviors as they chase pumps and look for the perfect entries. Coach JV insisted that investors build wealth through patience, conviction, and discipline. He believes people become legends when they can sit through volatility, fear, and boredom, while other traders quit.
Interestingly, besides Coach JV, other XRP community figures have also championed an accumulation push for XRP under $2. For instance, market analyst Income Sharks suggested last month that investors who missed XRP below $2 would soon get the chance again to buy it. At the time, XRP traded for $2.25.
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.
