Financial analyst Levi Rietveld suggested that owning 15,365 XRP could dramatically change your financial future.
Rietveld emphasizes that XRP is poised for significant gains, especially as institutional adoption increases. His recommendations are based on the 30/70 rule, which advises long-term holders to be prepared to sell 30% of their holdings at market peaks.
How owning 15,365 XRP can lead to massive wealth
With 15,365 XRP, an investor can sell 5,000 tokens during the ongoing bull market. A forecast of $10 per XRP would give you a profit of about $50,000.
But Rietveld sees even greater potential. He predicts that this bull run could see XRP reach $25, increasing the value of his 15,365 XRP portfolio to $384,000. Applying the 30/70 rule, if an investor sells 5,000 tokens, he or she can earn a profit of $125,000.
For context, assuming the floor price is $0.5375, it would cost $8,258 to acquire 15,365 XRP today. 5,000 tokens that were expected to sell for $125,000 at its peak are now worth just $2,687.50. This equates to a massive return on investment of 4,551%.
Especially those who hold a little more tokens, such as 40,000 tokens, can become millionaires once their assets reach $25, a life-changing return for many.
During the analysis, Rietveld admitted that he personally holds over 15,000 XRP. He revealed that he plans to use the profits he has made to sell about 70% of his XRP holdings once the market reaches an all-time high next year.
“If this strategy achieves the numbers I expect, millions of dollars in profits, it will sustain me and my family for the rest of our lives,” he said.
In a previous video, Rietveld revealed that investors can turn a $1,000 investment in XRP into $1 million through leveraged trading. For example, 5x leverage converts a 200% return to 1,000%, making your investment worth $1 million. However, he cautioned against increasing leverage due to the risk of liquidation, recommending 2x to 5x as a safer option.
The time to buy 15,365 XRP is no longer available
In particular, Rietveld’s promising outlook for XRP is based on expectations that institutional investors will enter the XRP market. According to him, this was also seen in 2017 and 2018, during which time XRP was able to reach all-time highs.
He stressed that the liquidity shortage has arisen due to limited purchasing supply by financial institutions, causing massive price pressure. “I think that’s exactly what will happen again,” he said.
Rietveld believes that with zero interest rates and the possibility of more money issuance in 2025, the cryptocurrency market, especially altcoins like XRP, is on the brink of an unprecedented surge. As a result, for those who do not have 15,365 XRP, the window for additional purchases is rapidly closing, he stressed, urging them to act quickly.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. We encourage our readers to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.