Financial coach Coach JV encourages individuals to consider a dollar-cost averaging strategy for investing in cryptocurrencies such as XRP and Bitcoin.
Coach JV's Recommendations on Averaging Strategy
Coach JV criticizes how people allocate their spending, urging them to change their financial habits. He highlights that many spend money on quickly depreciating items and fail to invest in long-term growth assets like cryptocurrencies. In his post, he stated:
> "People mindlessly scroll on social, binge shop on Amazon, and finance a $70K car but won’t take the time to research deflationary assets like Bitcoin/XRP and create a budget for 10 years."
Coach JV advocates for creating a budget and sticking to a dollar-cost averaging strategy to substantially improve financial health.
Impact of 10-Year Averaging Strategy
To assess the potential impact of Coach JV's advice, a dollar-cost averaging calculator was used. If an investor had allocated $583 per month into XRP from August 2015 to July 2025, the total investment would have reached $69,960, with an approximate current value of $4.49 million. Similarly, investing the same amount in Bitcoin would result in a portfolio valued at about $3.5 million. These results highlight the benefits of a dollar-cost averaging strategy for long-term investors.
Historical Growth of XRP and Bitcoin
In August 2015, XRP was priced around $0.008, while today it trades for about $3, marking a rise of 37,400%. Bitcoin increased from around $285 to $114,000, resulting in a 39,900% gain. Despite Bitcoin's higher growth in raw percentages, XRP's volatility has been beneficial for long-term dollar-cost averaging investors. For example, XRP experienced a notable surge of over 580% between November 2024 and January 2025, significantly boosting dollar-cost averaging returns.
Coach JV's messages emphasize the potential for long-term investments in cryptocurrencies like XRP and Bitcoin. Applying strategies such as dollar-cost averaging could yield significant financial gains over time.
