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Financial expert Levi Rietveld has broken down what he believes is the ultimate XRP retirement plan for crypto investors.
Rietveld first emphasized that strategic investments, rather than risky leveraging or speculative bets, are key to building long-term wealth. He outlined what he believes to be proven and back-tested methods that mitigate risk while maximizing gains.
Understanding XRP’s Past and Future Potential
According to Rietveld, XRP’s price history highlights its potential. He noted that during XRP’s first four years, the price hovered around a fraction of a cent. Early investors who purchased XRP at these levels saw massive returns when the price first surged above $1.
Indeed, in 2014, when XRP traded as low as $0.0032, a $100 investment would acquire 31,250 XRP tokens. By late 2017, when XRP first broke $1, that investment appreciated to $31,250. Emphatically, this is a 312X return.
Meanwhile, Rietveld expressed confidence in similar promising prospects for XRP in the future. Based on historical cycles, he believes that XRP will surpass its previous all-time high. He predicts that by 2025, XRP could see gains of up to 20x, with the price potentially rising above $10 per coin.
Realistic Path to Wealth
For those who missed XRP’s early years, Rietveld advised against the unrealistic mindset that a small investment of $10 could lead to millions, urging investors to take a more practical approach.
Instead, he recommended committing around $50,000 in XRP, noting that the holdings could grow to $1 million in the next few years. While $50K could be a lot for a one-time investment, he proposed breaking it down into smaller contributions over 12 months and 365 days.
Specifically, a total investment of $50,000 over 12 months translates to approximately $4,166 per month or $138.88 per day. Accordingly, this investment would yield a value of approximately $1 million should XRP witness a 20-fold price growth over the next few years. However, such a 20-fold rise remains uncertain.
Notably, Rietveld highlighted that this approach best suits individuals with a stable income. Currently, XRP costs $0.5408 and has remained in this range over the past year. Amidst this low valuation, he encouraged investors to take advantage of the opportunity before the next major bull run.