LIVE
Kogafold
--
Bearish
$XRP - Ripple holdings and Potential risks
You have to understand, everyone looks at their screen, their portfolios, they see number go up, number come down. You must realize one thing, THE NUMBER MUST COME DOWN.
It happened in 2018, It happened in 2021, XRP has a total blood bath in a month or so after starting it's parabolic bull run.
Ripple has Billions in XRP escrowed and releases 1 billion XRP every month from the total supply. Other than this you must realize the XRP whales, they have been holding millions of tokens before you bought your "1000" XRP for $0.5. It's laughable to say they will not sell, everyone sells, some at profit, most at a loss.
This will not last!
You have to understand, everyone looks at their screen, their portfolios, they see number go up, number come down. You must realize one thing, THE NUMBER MUST COME DOWN.
It happened in 2018, It happened in 2021, XRP has a total blood bath in a month or so after starting it's parabolic bull run.
Ripple has Billions in XRP escrowed and releases 1 billion XRP every month from the total supply. Other than this you must realize the XRP whales, they have been holding millions of tokens before you bought your "1000" XRP for $0.5. It's laughable to say they will not sell, everyone sells, some at profit, most at a loss.
This will not last!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
76
0
Replies 0