XRP is really a big trap! At first, like most people, I saw it being hyped in the market and confidently invested a significant amount of money. What was the result? This crash almost sent me to the crematorium. It claims to disrupt the global payment system and boasts about solving cross-border payment issues, but just look at its recent performance. Aside from being repeatedly taken to court and embroiled in endless debates, it has become a laughing stock in the crypto world. Speculation and manipulation, several rounds of price increases were just institutions offloading their assets, and I ended up being the last 'dumb money' to be 'fed.'

Did you think it would become the next Bitcoin or Ethereum? Let me tell you, it’s absolutely impossible! XRP's technology has issues, regulatory chaos is rampant, and its application scenarios are dispensable. It constantly promotes its 'advantages' in the payment sector, but in reality? After a whole year, it hasn't even produced a decent increase! If you really want to enter the market, I can only tell you one thing: you have been brainwashed. Because while you invested this pile of money, others were having a massive sale, and they all ran away.

Speaking of these experiences, I’ve truly paid a heavy price. When I entered the market, I thought XRP could bring financial freedom, but in reality, I just handed money over to the market and those institutions. Now my position is basically all cleared out, reflecting on it, I feel like I’ve been 'cutting my losses.'

The most important point is that XRP is simply not suitable for long-term investment. If you’re still thinking about holding it for appreciation, you are truly living in a dream. Its volatility is extreme, and there hasn’t been any substantial development over the long term. It’s time to let go of it. Anyway, I have already started selling; don’t let these big players take you up to the sky and then drop you down again!