Edward Farina, founder of Alpha Lions Academy, shared insights on the long-term prospects for XRP holders, emphasizing the importance of resilience amidst market volatility.
Long-Term Holding Strategy
Farina believes that 99% of XRP holders risk missing out on profits due to panic selling during minor market corrections. "If you can't stomach a 20-30% dip, you won't survive the rally," he warns. His personal experience indicates that those who sold XRP at prices of $0.50 or $0.70 now regret those decisions. He emphasizes that true success comes to those willing to hold assets long-term and remain steadfast during price fluctuations.
A New Altcoin That May Outperform
While XRP remains a favorite among many investors, a new gaming altcoin, MTAUR, is rapidly gaining traction. This blockchain-powered project merges Greek mythology with hybrid casual gaming and offers players unique maze challenges and NFTs.
Why It's Important to Act Now
Farina points out that waiting for confirmation before purchasing XRP may leave some investors behind. The situation with MTAUR is similar, as its current price is reminiscent of what XRP was over a decade ago. The current pricing level of MTAUR makes it accessible to a wide range of investors.
Farina urges investors to maintain resilience and avoid panic during market volatility. At the same time, he highlights MTAUR as a promising new project that might attract investor attention due to its unique characteristics.