Edo Farina, CEO of Alpha Lions Academy, recently shared compelling insights into the importance of owning at least 1,000 XRP for long-term success.
In a video update, Farina emphasized that XRP’s utility and adoption potential make it a cornerstone of ongoing financial transformation. In parallel, he urged investors to secure their holdings before prices escalate.
The case for 1,000 XRP
Farina believes that 1,000 XRP is a crucial benchmark for investors looking to benefit from the “largest wealth transfer in history.”
While this amount currently costs around $2,300, Farina argues that its long-term value could grow exponentially as XRP’s utility increases.
With central banks partnering with Ripple and the XRP ledger poised to become an integral part of the next-generation financial system, Farina believes the price of the digital asset could rise to $10, $100 or more.
“Most investors will sell too early” Farina pointed out a common mistake he’s seen retailers make. He pointed to the case of some holders who cashed out their XRP at $0.80 and $1 in November, expecting a retracement would never occur.
Farina emphasized that this emotional decision-making could cost them significant profits as XRP reaches its full potential.
Avoid common pitfalls
Farina also pointed out a critical mistake that many investors make: leaving their XRP on exchanges. He warned that XRP held on exchanges could be vulnerable to supply shocks or liquidation events, as demonstrated by a recent incident in which some exchanges failed to cover short positions.
To mitigate these risks, Farina urged investors to store their XRP in cold wallets and…
