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Crypto Founder: Not Owning 1,000 XRP Is "Crazy"—Here’s Why
Edoardo Farina, the founder of Alpha Lions Academy, strongly believes that not owning at least 1,000 XRP is a major financial oversight. According to his belief, anyone who wants financial independence should consider accumulating XRP as long as it is available. In a recent video, he clarified why cryptocurrency has the potential to redefine the financial system and why missing out on it could be a mistake. Farina explained that with just 2.503 XRP, this investor has entered the top 10% of cryptocurrency holders worldwide. He called this something that most investors can achieve today. As more and more XRP is integrated into the financial system, he notes that even a relatively modest position can be extremely valuable in the future. The clip also discusses the potential of cryptocurrency in replacing old financial systems, including SWIFT, and how its adoption will drive prices up. He compares the future direction of XRP to the early days of Bitcoin, believing that those who buy this cryptocurrency and hold it patiently may reap enormous profits in the long run. However, he emphasized the importance of diversification and building passive income rather than just focusing on the price increase of XRP. XRP As A Retirement Plan The discussion continues to consider the amount of XRP that an investor needs to be comfortable during retirement. Farina explains that the response depends on lifestyle, location, and long-term goals. He hypothesized that for those seeking wealth to last through generations, 10,000 XRP could be an appropriate target, provided that the price of this cryptocurrency reaches 100 dollars. Having 1,000 XRP at a price of 100 dollars would amount to 100,000 dollars, which could be a life-changing amount in many parts of the world. For those living in areas with a lower cost of living, even that amount is enough to provide financial stability. Farina notes that the majority of people, especially in the United States, do not have significant savings. This makes XRP an opportunity for anyone looking to secure their future without the need for a large amount of capital from the start. He also outlined various ways to optimize cryptocurrency holdings, whether for lending to banks or using automated market makers to generate passive income. This process allows investors to benefit from the growth of XRP without having to sell their holdings to realize long-term profits. Holding 10,000 XRP? Here's How to Maximize Profits Farina provides XRP investors with important strategies that focus on patience and making informed financial decisions. Farina suggests investors make a specific plan for their investment and profit accordingly. Those with a larger quantity, for example, 10,000 XRP, will be willing to sell at a better price but still keep a little to profit in the future. He also added that the value of XRP is limitless, meaning it could rise much higher than expected. Comparing it to the growth of Bitcoin, he believes that those currently buying cryptocurrency may be in a similar situation to those who bought Bitcoin in 2012. This argument supports the belief that even the current low purchasing level of XRP could yield significant profits in the future. Farina concluded by reminding investors that the accumulation of wealth is not just about making money, but also about enjoying life. He encourages a fair philosophy when it comes to investing, ensuring that financial goals align with personal happiness and dreams for the future.