Analyst Shares His XRP Story, Sends Critical Warning to Holders

Key Points

1. CryptoBull bought XRP at $0.14 in March 2020 despite skepticism, and the price rose to $0.65 by November 2020.

2. The SEC lawsuit against Ripple in December 2020 caused XRP's price to drop to $0.17, while the broader market surged in 2021.

3. CryptoBull held his XRP for 1,690 days post-SEC lawsuit, emphasizing patience as a key trait for investors.

4. He sold portions of his XRP holdings at $2 and $3, planning to exit gradually if prices reach $10 or higher, stressing the importance of taking profits.

5. CryptoBull reflected on the personal cost of long-term holding and advised knowing when to exit, though he clarified his views are not financial advice.