Levi Rietveld, a prominent financial analyst, argues that possessing 15,365 XRP could lead to substantial financial gains in the future, based on projected growth and increased institutional involvement.
How 15,365 XRP Could Transform Wealth
Rietveld suggests using the 30/70 rule — selling 30% of holdings during market peaks and retaining 70% for long-term gains. With current growth projections, he proposes selling 5,000 XRP at $10 each for about $50,000. He anticipates XRP could soon reach $25, raising the value of 15,365 XRP to around $384,000, with potential profits of $125,000 from selling 5,000 tokens at $25.
Rietveld's Investment Strategy
Rietveld revealed his personal XRP holdings exceed 15,000 tokens, planning to sell about 70% when prices hit all-time highs, expected in 2024. He also discussed leveraging trading for higher returns but cautioned against excessive leverage due to liquidation risks.
The Urgency of Acquiring XRP
Rietveld's optimistic outlook is based on anticipated growth in institutional participation. A similar trend drove up prices in 2017-2018 due to increased demand. He notes that the opportunity to acquire XRP is rapidly closing as the market prepares for another bull run.
In conclusion, Rietveld emphasizes the long-term growth prospects of XRP and the importance of a thoughtful investment approach amidst changing market influences.