Ripple Is Not Dead: Why You Should Continue Holding XRP Despite Its Free Fall Against Bitcoin

In a recent post on X (Twitter), crypto analyst Nick, known as Crypto Crusader (@NCashOfficial), argues that investors should continue holding XRP despite its recent decline.

The Case for Holding XRP

Nick notes that there is currently significant fear, uncertainty, and doubt (FUD) surrounding XRP, with many claiming that it is “dead” and a “scam.” However, he cautions investors not to be swayed by the negative sentiment.

As Nick explains, “The bottom won’t feel like the bottom” because the overall pessimism tries to persuade you to move on. He points to November 2022 as an example, when there was peak fear about crypto exchanges failing, only for the market to rebound strongly in January 2023.

Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!🤫

The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices!

Show more +

Responding to Counterarguments

Critics may point out that other altcoins are mooning while XRP lags. Nick acknowledges this but argues one can’t get caught up comparing assets in this volatile market. He notes that even Bitcoin has yet to reach a new all-time high in this cycle.

Furthermore, Nick explains that money tends to flow between assets, pumping certain coins over others in waves. Just because an asset isn’t pumping now doesn’t make it a scam or “shitcoin.” He reiterates that “XRP will have its time in the sun.”

Tuning Out the Noise

In conclusion, Nick cautions investors to avoid falling into the trap of reacting to short-term price declines. He notes that maintaining composure is critical in crypto’s volatile environment, stating “not everyone will make it” due to lack of emotional control and patience.

By tuning out the noise and FUD, Nick believes XRP holders will be rewarded in due time as the macro environment shifts.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo