LIVE
tumichael
--
Bearish
💥Buying $XRP right now may carry some risk!💥
I've been holding XRP since 2018.
And from what I understand, XRP is optimized for specific financial applications, especially cross-border payments, and has built strong partnerships with financial institutions.
However, its growth has been heavily impacted by the ongoing legal dispute with the SEC, which has prevented it from reaching previous ATH during the last cycle.
Many long-time holders are understandably frustrated, and there seems to be a push to pump the price, possibly aiming to recapture XRP's previous ATH.
Some are speculating that with the resignation of Gary Gensler, the case against XRP might be dropped, which could propel the price higher—potentially to $3 or beyond.
However, the market's reaction will depend largely on emerging narratives, including the potential involvement of XRP in government use cases, or shifts in policies under the Trump administration.
Given these uncertainties, I believe it's a case of 'buy at your own risk.'
Personally, I've stopped buying more XRP, taken some profits along the way, and continue to hold a portion, waiting to see how the situation unfolds.
In the meantime, I’m investing some of those profits into $ETH ETH, as I feel Etherium hasn't made its major move yet and has strong fundamentals backing its long-term potential.
What's your opinion? If you like mine, please like and follow.
I will write more on how to have a good solid strategy.
Tu Michael
I've been holding XRP since 2018.
And from what I understand, XRP is optimized for specific financial applications, especially cross-border payments, and has built strong partnerships with financial institutions.
However, its growth has been heavily impacted by the ongoing legal dispute with the SEC, which has prevented it from reaching previous ATH during the last cycle.
Many long-time holders are understandably frustrated, and there seems to be a push to pump the price, possibly aiming to recapture XRP's previous ATH.
Some are speculating that with the resignation of Gary Gensler, the case against XRP might be dropped, which could propel the price higher—potentially to $3 or beyond.
However, the market's reaction will depend largely on emerging narratives, including the potential involvement of XRP in government use cases, or shifts in policies under the Trump administration.
Given these uncertainties, I believe it's a case of 'buy at your own risk.'
Personally, I've stopped buying more XRP, taken some profits along the way, and continue to hold a portion, waiting to see how the situation unfolds.
In the meantime, I’m investing some of those profits into $ETH ETH, as I feel Etherium hasn't made its major move yet and has strong fundamentals backing its long-term potential.
What's your opinion? If you like mine, please like and follow.
I will write more on how to have a good solid strategy.
Tu Michael
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0
Replies 0