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XRP Holders Reassured: Bitcoin Investor Says, ‘I’m Still Telling You, You’re Not Wrong for Holding XRP

source-logo  thecryptobasic.com 09 August 2024 08:57, UTC

Xena, a Bitcoin holder with a notable following in the crypto community, has reassured XRP investors that they are right about their investment choice.

The community commentator shared this view in a recent post, seeking to help XRP holders keep a positive mindset amid market volatility and external criticism. Xena emphasized that even seasoned investors face emotional challenges when their assets experience periods of stagnation, but she urged XRP holders not to lose faith.

Notably, this commentary comes at a time when XRP is experiencing a protracted period of underperformance, though the trend is gradually improving.

XRP has increased by approximately 40% in the last 30 days. Yet, it still lags behind 81 other cryptocurrencies with billion-dollar market caps. Moreover, XRP is down by about 20% from its yearly high of $0.744, considering its current value of $0.6.

The sluggish performance has been a source of frustration for holders and a focal point for critics questioning XRP’s prospects.

Not Wrong for Holding XRP, Bitcoin Investors Hold XRP

In her tweet, Xena addressed the criticisms often directed at XRP holders. She claimed they largely emerge from those who may have less skin in the game or who hold only fractional amounts of Bitcoin. According to her, many of these critics might be projecting their own insecurities and frustrations in the volatile crypto market.

“Most of these critics come from people who don’t even hold 1 Bitcoin but Satoshis waiting for it to go to $10 million,” she claimed.

Interestingly, Xena also revealed that many serious Bitcoin investors secretly hold XRP as well. She asserted that Bitcoin maxis investing in XRP may not openly admit it, but they recognize XRP’s value and potential.

This sentiment might surprise those who view the crypto space as divided into strict camps of Bitcoin maximalists and XRP supporters.

Xena further shared that she has been a Bitcoin holder since its value ranged between $200 and $300 and that she also invests in XRP and Ethereum. She concluded her message by emphasizing that XRP investors are not wrong about their choice.

Responding to Xena’s sentiment, members of the XRP Army enthusiastically expressed their appreciation for the reassurance and warmly welcomed her open acknowledgment of her XRP investment.

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thecryptobasic.com