Vincent Van Code, a respected software developer and crypto market analyst, has issued a sobering warning to XRP investors amid the asset’s explosive price surge. In a recent X post, Van Code challenged the prevailing strategy of “taking profits on the way up,” arguing that it may be both financially inefficient and emotionally damaging, especially in a full-blown bull market like the one XRP is currently experiencing.
The Case Against Short-Term Trading
Van Code believes that selling too early in a rising market does more harm than good, particularly when it comes to taxes. In many countries, holding an asset like XRP for more than a year results in significant capital gains tax reductions, sometimes by as much as 50 percent.
By frequently selling during rallies, investors not only forfeit long-term tax benefits but also trigger repeated taxable events that reduce overall returns. He stressed that short-term trading often leads to regret and emotional volatility, especially in fast-moving markets.
"take XRP profits as it moves up", may work in a sideways market, but in a full bull market, all you are doing is creating capital gains tax events.
In most countries, holding an asset longer than 1yr reduces your tax by 50%.
Not to mention the constant anxiety of worrying you… pic.twitter.com/p3KGe9V1r7
— Vincent Van Code (@vincent_vancode) July 18, 2025
To illustrate this, Van Code painted a familiar scenario for traders: an investor sells XRP at $5.30 for a modest profit, only to wake up the next morning and see the price at $5.80. That moment of regret, he said, can fuel panic, indecision, and poor re-entry points.
Without a tested system, trailing stop losses, and at least 15 hours a day to watch charts, Van Code argues that most people are setting themselves up for failure. His conclusion is clear: for the average investor, the best course of action is to buy and hold through volatility, not chase every pump and dip.
Why He’s Not Buying Now
While Van Code supports long-term holding strategies, he was also quick to clarify that he’s not buying XRP at its current levels. Describing today’s market as overheated, he warned that new buyers may be entering too late. “That ship has sailed,” he said, referring to XRP’s breakout past $2.
From his perspective, anyone buying at these elevated prices is taking on unnecessary risk, especially if they missed earlier accumulation zones. His advice is not to panic or FOMO into the rally but to exercise caution, conduct thorough research, and avoid gambling with volatile assets.
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XRP Price Performance and Market Outlook
Van Code’s caution comes as XRP continues its most aggressive rally in years. As of report time, XRP is trading around $3.38, after reaching a 24-hour high of $3.65. The asset has gained more than 20 percent in a single day, smashing through previous resistance and entering new all-time highs.
This momentum follows several bullish catalysts, including favorable regulatory developments like the passage of the GENIUS Act, expanding institutional adoption of Ripple’s stablecoin RLUSD, and increased utility across global payment corridors.
Analyst sentiment remains strongly bullish. Veteran trader Peter Brandt has projected XRP could rally to $4.47, while on-chain strategist Ali Martinez has highlighted the MVRV golden cross, a signal that previously preceded gains of over 600 percent. However, some analysts warn of a potential 17 percent short-term retracement as the market digests recent gains.
Final Thoughts
While XRP’s performance has been extraordinary, Van Code’s message serves as a grounded reminder of the emotional traps and tax consequences associated with short-term speculation. For holders who entered early, remaining disciplined and focused on long-term value could be the most strategic move.
For new entrants, caution may be the best approach as the market tests new highs. In a time when euphoria is clouding judgment, his advice offers clarity: plan wisely, don’t gamble, and understand the game before playing.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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