Edoardo Farina, CEO of Alpha Lions Academy and a notable figure in the XRP community has recently shared his investment strategy regarding XRP. Farina, known for his bullish outlook on XRP, has unequivocally declared that he will not sell any of his XRP holdings in 2024.
Farina takes a different route from the common practice of planning exit strategies with investments and has positioned XRP as a cornerstone of his long-term investment portfolio.
Unlike many investors who plan to capitalize on short-term gains by executing exit strategies and taking profits, Farina’s plan involves holding onto his XRP investment indefinitely. He describes his XRP holdings as his “long-term investment” and “retirement plan,” reflecting a deep-seated belief in the asset’s future growth potential.
Farina revealed that he has been steadily accumulating XRP over the past five years, and he remains resolute in his decision not to be swayed by market volatility or temporary corrections. “There’s no amount of market correction that’s gonna make me shake my hands,” he said.
XRP’s increasing adoption, particularly in Japan, supports his belief. He emphasizes that “everything is starting in Japan,” predicting that by 2025, every major bank in the country will utilize XRP.
Ripple has a well-documented partnership with SBI Holdings, a major financial services firm in Japan, and the company is expanding its reach with other important partnerships. Farina’s stance is rooted in the belief that selling in 2024 would be premature, as the true value of XRP has yet to be fully realized.
Farina challenges the mindset of selling XRP at current market prices, questioning the rationale behind cashing out in 2024. He argues, “Have you lost your mind? No, I’m not selling one single XRP.”
Farina believes that large financial institutions such as BlackRock and JPMorgan, acquire XRP at low prices, while smaller investors sell due to market fear or uncertainty. By holding onto his investment, Farina can benefit when XRP skyrockets as its adoption increases.
Farina views investing in XRP as a marathon, not a sprint. He is prepared to wait for the asset to reach its full potential, even if it means forgoing short-term gains. He expresses confidence that XRP could reach values of $100 or even $1,000, stating, “I ain’t taking the risk to sell my XRP and then watch it skyrocket past 100 bucks or 1000 dollars.”
Other experts have shared similar beliefs about XRP’s potential, and its increasing role in global finance could help it reach $1,000 sooner than many expect.
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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