- Holding at least 1,000 XRP could be a strategic move for future financial security.
- Investors aiming for long-term wealth might consider accumulating 10,000 XRP.
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 wishes to be financially independent should consider stacking XRP as long as it is available.
In a new video, he clarified why the cryptocurrency has the potential to redefine the financial system and why it could be a blunder to miss out on it.
Farina explained that with only 2,503 XRP, the investor ranks in the top 10% of the cryptocurrency holders in the world. He called this something that most investors can achieve these days.
As more XRP is integrated into the financial system, he noted that even a relatively modest position could be incredibly valuable in the future.
The clip also spoke about the cryptocurrency’s potential to replace legacy financial systems, including SWIFT, and how its acceptance would drive up its price.
He compared the future direction of XRP to the early days of Bitcoin, suggesting that those who buy the cryptocurrency and hold it patiently might be rewarded with huge returns in the long run.
However, he stressed the importance of diversification and building passive income as opposed to the price increase in XRP alone.
XRP As A Retirement Plan
The discussion continued to consider the amount of XRP an investor would require to be comfortable during retirement. The response, Farina explains, depends on lifestyle, location, and long-term goals.
He posited that for those who are seeking wealth that lasts across generations, 10,000 XRP might be a suitable target, provided the cryptocurrency gets to $100 in price.
Having 1,000 XRP at $100 would be $100,000, which could be a life-changing amount in much of the world. For people who live in lower-cost-of-living locations, even that could be enough to provide financial stability.
Farina noted that the majority of people, especially in the United States, lack substantial savings. This makes XRP an opportunity for anyone who would like to secure their future without the need for a massive capital base to begin with.
He also outlined different ways that the holding in the cryptocurrency could be optimized, whether lending it to banks or using automated market makers to generate passive income.
This process allows the investor to benefit from XRP’s growth without having to sell their holding for long-term gain.
Holding 10,000 XRP? Here’s How to Maximize Returns
Farina offered XRP investors significant strategies, with a focus on patience and sound financial decision-making. Farina suggested that investors make specific plans for their investments and take profits accordingly.
Those with larger quantities, for example, 10,000 XRP, would be more willing to cash out at better prices but hold some for future gain.
He also added that the value of XRP has no limit, meaning that it could go much higher than projected. Comparing the growth in Bitcoin, he believed that those who are buying the cryptocurrency right now might be in the same situation as those who bought Bitcoin in the year 2012.
This argument supports the belief that even a low XRP buy-in right now could pay significant dividends in the future.
Farina concluded by reminding investors that accumulating wealth isn’t the only thing about making money, but rather about enjoying life too. He encouraged an even-handed philosophy when it comes to investing, ensuring that financial goals are balanced with personal happiness and dreams for the future.