Selling Your XRP at $10 Would Be a Mistake, Edoardo Farina

Edoardo Farina, a prominent figure in the cryptocurrency field, has issued a warning to those holding XRP considering selling at $10. In a controversial tweet among long-time XRP followers, Farina stated: Selling your $XRP at $10 will be a once-in-a-lifetime mistake, a mistake that most people will never be able to recover from. His caution stems from the belief that XRP still holds significant value, especially as widespread adoption and institutional integration occur robustly. Currently, the price of XRP is around 2.78 dollars. An increase to 10 dollars would represent a 300% increase, but some investors believe that the long-term potential could be much higher. Farina's caution sounds familiar to veteran market players who have witnessed losses during the previous cryptocurrency boom. History shows that holding will be beneficial. When XRP broke the $1 level in November 2024, it was the first time in over three years. Traders expected the price to drop to $0.50, but that did not happen. Instead, the price surged quickly to $2. Those investors who sold too early had to stand by and watch. The price increase of XRP began in early 2017, when this cryptocurrency removed two zeros from its price. At that time, XRP was only being sold for a few percent. The current starting price is much higher, but the initial sell-off pattern followed by regret over time is still present. Bitcoin has also followed a similar path. Previously, the price of Bitcoin was just below $0.05, but it has now surpassed $117,000. Those who sold at $10 thought they had locked in profits, but many believe that decision was too early at this point. Binance founder Changpeng Zhao revealed this topic in a post, admitting that he still regrets joining too late, even though he bought BTC at $600 in 2013. Analysts say XRP could reach 100 dollars by 2025. The future prospects of XRP are experiencing extreme divergence. Farina revealed that he will take profits when the price of XRP rises above $100. Other commentators also agree. Javon Marks predicts that the price of XRP is likely to reach $100 in this cycle, and he believes that this price will peak in 2025 or 2026. Matthew Brienen, another cryptocurrency analyst, has put forward a longer timeline. He believes that XRP has the potential to reach $1,000 by 2035. This scenario, if it occurs, would yield a profit of 40,700% compared to a profit of 300% when selling at $10. Farina's cautious view begins to make sense in this case, especially for those willing to hold. Jake Claver, one of the pioneers in cryptocurrency, has presented a more optimistic outlook. In a widely shared video, Claver claimed that XRP could reach $10,000 by 2027. He argued that the speed and cost-effectiveness of XRP in cross-border transactions, which he believes will make this cryptocurrency one of the leading payment tools globally. Despite these high goals, not everyone agrees on the right approach. Some believe that one should take profits at a reasonable price instead of risking missing out entirely. However, Farina believes that the psychological trap of selling early continues to hinder investors from achieving long-term value. $XRP {spot}(XRPUSDT)

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