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As investors continue to wait for an explosive XRP rally, a market watcher has identified a sentiment that could keep them calm amid this anticipation.
Having soared over 35,000% since launch, XRP remains one of the most successful investments for early adopters. For instance, the Ripple CTO, David Schwartz, confirmed in October 2023 that his father bought 1 million XRP at $0.005 in 2014. This investment, which held a value of $5,000 at the time, would today be worth over $2 million as XRP trades for $2.06.
While XRP has already delivered impressive gains in its over 13 years of existence, new market entrants who missed the earlier rallies have continued to hold onto the hope that the altcoin still has the potential to replicate its historical run, especially the upsurge from $0.005 in early 2017 to $3.31 peak by January 2018, which marked a 66,100% increase within a year.
Key Points
- XRP’s Historical Gains and Potential: Since its launch, XRP has surged over 35,000%, with early investors like Ripple CTO David Schwartz’s father making substantial profits, highlighting its historic growth, though future gains are not guaranteed.
- Investor Sentiment and Expectations: Many newer investors hope XRP will replicate its past rallys, such as the 66,100% increase from 2017 to 2018, fueling anticipation for another potential exponential rise.
- Preference for Patience Over Conventional Careers: A common sentiment among investors, exemplified by pseudonymous pundit Bird, is the willingness to wait years for a rally rather than remain in traditional employment, viewing crypto investment as an escape from the rat race.
- Maintaining Calm During Market Fluctuations: Market participants, including Bird and others, advise holding a calm and content mindset amid volatility, emphasizing patience and long-term belief in XRP’s future potential.
- Caution and Uncertainty in Crypto Gains: While some analysts and investors plan to wait many years for significant XRP gains, they acknowledge that crypto investments carry risks and there are no absolute guarantees of outsized profits.
Investor Says He Would Rather Wait on XRP Than Sit Behind a Desk
However, while investors continue to anticipate a repetition of the historical success, agitation comes as a natural feeling, especially when market trends become bearish. In his recent commentary, “Bird,” a pseudonymous XRP community pundit, presented what he believes could help keep investors calm during such times.
Specifically, Bird shared a sentiment from a third party regarding how the individual feels about waiting for an explosive rally. Notably, the investor revealed that, despite what seems like an eternal anticipation, he would rather continue to wait for XRP to deliver the much-expected rally than remain behind a desk for 30 years while working to make ends meet.
Essentially, this captures the sentiments among most crypto investors who look to their investments as an avenue to escape the rat race that is the everyday corporate life. This vision has been bolstered by success stories in which modest investments yield life-changing gains, and these investors believe XRP has the potential to deliver similar returns. However, this is not a guarantee.
“This Should Keep Calm and Content”
According to Bird, he “hears every word of it,” implying that he agrees with this sentiment. He stressed that investors who may feel uneasy due to recent fluctuations should hold this mentality to remain “calm and content.” Responding, another community member, Amethyst, confirmed the agony he feels some days while anticipating an XRP run, but stressed that he is “meant to be in this space.”
Multiple market pundits have also revealed how they intend to wait for an XRP rally, suggesting that it could be rewarding when it eventually comes. For instance, Armando Pantoja insisted last August that he would wait 10 years for XRP to soar over 33,000% to $1,000.
Meanwhile, most recently, a pseudonymous market watcher argued that while it may take time, holding XRP would someday be rewarding. However, investors should note that these commentaries do not give a 100% assurance that XRP would deliver such outsized gains, as crypto investments could also lead to losses.