Why Every Investor Should Hold at Least 1,000 XRP: Pundit

A well-known market commentator has argued that every XRP investor should aim to hold at least 1,000 XRP tokens.

Notably, XRP’s recent price struggles have not changed the views of some market commentators. Instead, they see the dip as a chance for long-term investors to build positions at lower prices. 

Edoardo Farina, an XRP community figure and founder of Alpha Lions Academy, is one such market commentator. In a video commentary, he explained why he believes every serious investor should aim to hold at least 1,000 XRP, currently worth $1,910, as XRP trades for $1.91.

Why 1,000 XRP Is Important

Farina believes holding 1,000 XRP gives investors a good base for the future. According to him, this amount allows people to take part in what he sees as a major development in global wealth driven by blockchain technology. 

Farina suggested that this amount of XRP makes sense because it remains affordable today, worth just a little above $1,900, but could become difficult to reach once adoption expands and prices surge.

He also called attention to wallet data around the XRP rich list for additional context. Specifically, Farina noted that holding about 3,000 XRP already places someone among the top 10% of wallets by balance. 

While 1,000 XRP does not reach that level yet, he believes it still places investors in a good position as demand grows and supply tightens over time. Interestingly, the amount needed to enter the 10% XRP rich list has since dropped to 2,319 at press time.

Many Investors Sell Too Early

Speaking further, Farina also highlighted his experience managing portfolios for clients through his academy. He said many retail investors sell their XRP as soon as prices rise, mainly due to emotion rather than planning. 

The market pundit confirmed instances where people sold around $0.80 expecting a drop to $0.50, and others who sold at $1.50 or $2 while waiting for a pullback to $1. In many cases, the pullback never came. Today, XRP trades for $1.91, and some already expect declines to the lower end of the $1 mark.

Farina stressed that taking profits is normal and reasonable. However, he believes the problem comes when investors sell their entire holdings. According to him, this approach leaves people on the sidelines when prices move higher faster than expected.

Investors Should Learn to Look Ahead

Farina argues that XRP’s real value comes from its use, not short-term price moves. He believes financial institutions around the world plan to use XRP and that the XRP Ledger will play a major role in a new financial system.

As adoption grows, Farina expects prices to rise. He asked investors to consider scenarios where XRP trades above $10 or even $100. The market commentator believes most holders would sell long before that point. In his estimate, about 95% of investors would exit once XRP reaches $5, leaving only a small group still holding. 

Farina also talked about how investors store their XRP. He warned that keeping funds on exchanges and constantly checking prices can lead to emotional decisions. In this case, sharp moves of 50%, 70%, or even 200% can push people to sell too soon.

To avoid this, he urged investors to use cold wallets and control their private keys. According to him, failing to self-custody is the most common mistake that could cost investors large sums. He pointed to past situations where exchanges liquidated XRP positions due to limited supply, which he sees as an early sign of a possible supply shock.