Alpha Lions Academy CEO Advocates Holding 1,000 XRP for the Long Term
Edo Farina, CEO of Alpha Lions Academy, recently provided insight into the importance of owning at least 1,000 XRP for long-term financial success. In a video update, Farina highlighted XRP’s utility and adoption potential, saying it forms the foundation of the ongoing financial revolution. At the same time, he strongly encouraged investors to secure their holdings before the inevitable price surge.
Farina sees 1,000 XRP as an important turning point for investors hoping to benefit from what he calls “the largest wealth transfer in history.” Today, this amount amounts to approximately $2,300. However, Farina is confident that as XRP’s utility expands, its long-term value could skyrocket.
With central banks around the world partnering with Ripple and the XRP Ledger set to become a key player in the next-generation financial system, Farina assumes the price of the digital asset could potentially rise to $10, $100 or even higher.
“I’ve seen a lot of investors sell too early,” he said, citing a common pitfall among retailers. He cited examples of holders selling XRP early at $0.80 and $1 in November, anticipating a price drop that never materialized. Farina emphasized that such emotional decision-making could deprive one of significant profits as XRP reaches its peak.
Farina also identifies another frequent oversight: investors storing their XRP on exchanges. He warned that these holdings could be vulnerable to supply shocks or liquidation events, as evidenced recently when some exchanges were unable to cover short positions. To counter this potential risk, Farina advised investors to transfer their XRP to cold wallets and retain control of their private keys. “Don’t trust cryptocurrency exchanges,” he warned.
Farina also pointed out that another benefit of keeping XRP off exchanges is the emotional shield it provides to investors. He noted that constant price volatility during bull and bear markets can take a toll on an individual’s mental health. He advised XRP holders to resist the temptation to constantly monitor their holdings, although checking market charts occasionally is acceptable.
“I’m not sure how much money I have in XRP. It checks the charts, but doesn’t check your wallet to see how much money you have. Yes, I have a lot of XRP, but if you think of it in dollars, I have no idea,” he confessed.
In the long term, Farina believes the rewards for those willing to hold on to XRP through market fluctuations and resist the temptation to sell early will be significant. He urged the XRP community to strive to be within 5% or even 1% who continue to invest in XRP.
“Holding 1,000 XRP could be the key to achieving financial freedom by 2030 or sooner,” he concluded.
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