Ripple/XRP: HODLING ONLY 10,000 XRP IS NOT WHAT YOU THINK!

by birtanpublished on October 31, 2020

What's going on guys crypto jeremy here back with xrp video hope you guys have a fantastic day thank you guys so much for tuning in to another video and there is nothing that i love more than making a video when the cryptocurrency markets are looking bullish bitcoin is going crazy right now we are truthfully here about to hit an indicator on bitcoin that could create a domino effect for xrp and four other cryptocurrencies in the cryptocurrency space i'm excited to share with you guys my opinions and my thoughts on this

As well some articles some ta etc if you guys know the video i know you will because this is going to be hype this is going to be exciting make sure to smash the like button right now give you a few seconds to do so thank you guys so much for all support let's hit 1000 likes if the like number is not at 1000 smash that like right now before i get started a huge shout out to crypto.com i just closed my earn term now at 66 dollars all time earning on the earn feature um i'm about to finish this smaller one that i had

Here the truth about this is sure it's only 66 but it's 66 on top of what i would have had you know because i would still be holding the cryptocurrency and yeah that's just one of the amazing features that cryptocurrency um or crypto.com provides for cryptocurrency the biggest feature and the one i've been using more than my credit card i've been using my debit card here cryptocurrency

Um debit card from crypto.com the 10 000 cro1 i've been using this thing daily um i you know you can use it online there are numbers on the car which is they didn't used to have in the past if i'm not mistaken and yeah if you guys are interested i got the 50 referral bonus link in the description down below if you guys do get the 1 000 card i will also get 50 referral bonus just so you guys know um it'll help support the channel and

Yeah um i love promoting things that are truthfully game changers in the crypto currency space link in description down below for that so wow guys oh my god xrp isn't showing that much moving yet but it is only only time will tell because as someone who is truthfully bullish on all cryptocurrency and realizes and sees these strengths here showing for bitcoin you guys know how the domino effect works it's happened in the past now a little bit of some ta here for

Bitcoin um which i don't really like to talk about because you guys are here for xrp it is this and i don't know if any other um bitcoin ta people are talking about this you guys will notice here around 13 6 if we break this level here which is at 13 point what's the exact level of zoom in here to see the exact level it is at 13 13.868 if we break that we will have we will be in the highest at the highest level we've seen

Since the 2017 bull run that is huge news because xrp if you guys didn't know took a while to follow um bitcoin last bull run and it's just we're just it's time time will tell truthfully this will be a big resistance level for xrp but if we do have the fomo that kicks in usually you know naturally from these market cycles the level for xrp will be insanely surprised and i'm i'm at this point i'm thinking about one dollar xrp 2 xrp what could that entail for my portfolio and i

Am amazed man it's crazy how much you know a lot of you guys and i have been accumulating over this long long long bear cycle and i'm excited to see here i'm truthfully excited to see what happens here i think that this is there are two reasons why this is currently happening number one the paypal news kind of erupted the you know created a potential potential here for the beast of cryptocurrency to make its move on top of that there is an insane issue here with inflation or going to be

Causing inflation here because of ridiculous amounts of usd being printed or injected into the m2 money supply over the past few months or half a year now three trillion dollars it is insane um and i'm excited so i'm using all these hyper hyperbolic words because i want to answer a few questions here a lot of people ask me and it's interesting because when this extra p price action you know starts kicking off and once again i'm i'm excited for that

30 cent this week i truthfully believe we will hit 30 cents this week once that price actions begins this is my opinion guys by the way um the fomo kicks in and there are new faces in the cryptocurrency space and those new faces have questions and i want to answer those this is also going to give you guys my opinion on what it truth what it truly means to be an xrp holder hodler whatever you want to call it because it at this point it is a personality trait am i right um because the market cap for xrp is at

11 billion 11 billion dollars for a 40 what is it 46 what does it sound here a 45 billion circling supply xrp and what this means is you compare it to over 2 trillion market cap for apple over 1.5 trillion market for amazon the titans in the industry in the um stock market are leagues away from the cryptocurrency market cap which is still at a mere 400 billion with bitcoin holding more than 60 percent so what this means

Is that the potential when you look at the roi potential for xrp 210x is a hundred percent rain or in range it's possible 10x and xrp would put us at a market cap below half of what bitcoin is so you know bitcoins performing well all you know all great scarcity low supply still some utility but there is a limit to what bitcoin can provide in terms of return xrp on the other hand um is so undervalued man so undervalued if we

Look at the ta here we are at a point of homeostasis here on the macd we are neutral price action we are neutral in terms of the past trends you guys can see right here very neutral and the only element we need on top of this for us to see those higher levels is that bitcoin move and that's what i'm excited about guys um the interesting thing here on the moving average of the xrp liquidity index we are also stagnant so it seems like the xrp movements right now are

Consistent they are consistent uh it's kind of what we saw back in 2017 and back in 2017 before the bull run we were just trading sideways around 20 to 25 cents you guys can see um the range here um you know hitting highs here at around 30 cents and then lows around 15 cents just consistently trading very similar here to what we are currently seeing right now same level so it's pretty crazy it truthfully like if you were to show this chart to a five-year-old he would think that this is gonna happen he would

Literally look at this and be like oh this this restart the cycle this this like that's what he would say and this could be kind of pushing towards some sort of fractal potential now i'm not a guy who's gonna say the fractals are going to be parabolic i love it when people and i've you know i've done this myself in terms of a um maximum long-term 20 30 year potential but looking at the logarithmic and saying oh we got a fractal here we got a fractal here that puts our price action here um we're going to go here here up to the

80 like the the growth requires a good 80 xrp 100 whatever it is is ridiculous um we are going to need ripple to be a completely global globally adopted um fintech company and that's not going to come with its obstacles and brad garland house knows that he knows that there are those um fundamental obstacles that are going to be coming into place more and more regulation the regulation on taxes for um overseas payments you know is trying to be ratified we are trying to there are global um

You know company organizing companies countries are trying to make sure that crypto is not getting away without getting taxed or getting you know some sort of um fee that governments can make money off of and that makes sense it makes sense okay nothing in this world is truly decentralized um except for water that if you know what i mean um that was not a good joke why am i making dad jokes at 20 i don't know well let's continue with this video so

What this means here is sure i can be like oh we're going to hit these levels oh whatever i i my first we'd ever made on cryptocurrency uh litecoin was fifty dollars fifty five dollars and i said i hit the 500 um get the 500 to hit the 420 good enough right no i don't want to talk about it that way i want to talk about it as a way that we are looking at xrp ripple has been doing amazing one of the one of the if not the most accomplished fintech companies of the past

Year two years nxrp is find itself back at that homeostasis level of 25 cents and yeah um i'll give you a little bit of an anecdote back in 2017 when i started in the cryptocurrency space i i wasn't very interested in xrp um because it was this it was a 25 stagnant coin it was spending so much time at 25 cents i don't know why it wouldn't move um but then when the fomo kicked in it was people that were outside the crypto space you new kids you know 16 year old 17

Year olds of today so that was me back in 2017 were like interested in it right and now they're becoming more you're gonna become more interested in interested in it today as well they're gonna see this video they're gonna realize that all the hours and um and you know hundreds of videos i've made talking about all the different facets the different points of view here for ripple in terms of its actual potential um it's going to come true guys there is

This sort of undervalued amazing you know hype that creates you know there's a reason why everyone's so bullish in the xrp community um it makes sense and yeah let's get straight into some talk here about what i want to talk about the rich list the rich list the rich list so the biggest question i ever get this is the most common question above any prediction above any question about price action it is how much xrp should i own and there are two answers obviously the the correct

Answer which is you know i can't tell you everyone's different and there's also the the fundamental answer that looks at the different people what do other people own and that's why i've seen the rich list to be so fascinating that's why i use it in so many videos i talk about like pretty much 50 of my videos because these numbers will change we're looking at let's look at 10k for example right i remember when the 5 was 9k i remember that like it was yesterday then i hit 10k i warned you guys 10k

Guys be careful 10k and now by the end of this bull run obviously as price action goes up it will be harder to acquire marx rp i would not be surprised if our 10k here you know in a few years or so 10k will become the top 10 percent i am not surprised because look if 10k if if big if x if bitcoin here if bitcoin accumulates in price right xrp doesn't let's just do that scenario the current scenario right now people are still going to be buying xrp i can see people are still accumulating

Um but price action is not going up so it's becoming you know it's still remaining relatively easy to cure that xrp as xrp price actually starts to increase it becomes it kind of becomes like a um like an asymptote on a curve where price action is increasing so much that it's impo it's getting harder and harder for people to accumulate the amounts they could have before and a lot of people you know have accumulated within these levels the one to five percent are people that have been accumulating at these low levels of

20 cents 15 cents whatever it was and those are the people that are watching this video right now before the bull run really hits right so a word to you guys a word to you guys the 10 000 xrp will always be an interesting level because that's truthfully what psychologically 10 000 for bitcoin 2000 xrp is it's like wow you got a bag you got a bag okay um and this is taking complete this is for game that some people are millionaires and some people are

14 year olds who have a you know 500 in the bank account we're forgetting about that that's pretty good for 14. i'm not gonna lie you know shovel some snow make some money buy some xrp that's what some people do um that's what i would have done if i knew about xrp but when we look at these levels you know of 10k i think it's truthfully a milestone i think 10k is something to be proud of in the extra b community because when xrp does hit five dollars i'll be

50 000 um invested that's a good amount of money and you know um this is truthfully you know without any financial advice read the disclaimer description down below it says me sharing my truthful opinion about that 10k mark and i think that it's much more attainable than people think if you look at xrp at its bottom if you bought right here at 12 cent that's 12 that's 1300 in xrp you know that 300 an xrp

Is completely different from you know the 50 000 it could be for 10k in five dollar xrp on a four five xrp opportunity cost the opportunity cost to buy an xrp will not stay the same it could be to buy one xrp it could be you know um or so let's say to buy by 10xrp 10xrp could be uh at one dollar xrp that could pretty much be um a minimum wage you know hour working or at a fifty dollar xrp 10 or five

Dollars rp 10 could be 50 which would be a you know half a day at that same salary right so when we're looking at this opportunity cost people don't accumulate at the right time um the safest thing that study and study and study have shown i haven't studied but just um data has shown dollar cost averaging is amazing for bitcoin it's not as good for xrp but it's still decent and dollar cost averaging has always been something that

People do to create an empire to accumulate an asset to provide return on their investments so 10k dollar cost average man it's a start and um you know that 10k the the roi potential is ridiculous now once again guys disclaimer i'm not telling you to buy a specific amount of xrp read the disclaimer description down below i'm just sharing my thoughts on 10k which is some more somewhat of a benchmark right um and i'm gonna get the hate

Comments i'm gonna get the hate comments saying but you know that's a lot of money man 10k xrp is two twenty five hundred dollars it is you know that twenty five hundred dollars could be used to feed um hundreds of people in some um third world countries and i'm aware of that um in the cryptocurrency space that 10k it's it's it can be can go away it today is reasonable today it's reasonable quote unquote tomorrow might not be right and when they asked me that true um they

Answered the question how much is should i have you should have the amount of xrp that you think is reasonable at that time and never be scared to not buy never be scared to to hold and not buy more and wait for the dip um you know what i mean guys that's it for this video guys um i want to talk about a few other articles but i'm not because this video is long enough 15 minutes um i'll talk about it in tomorrow's video we got some more interesting topic um i

Don't think the news is any is as sensitive as it used to be in terms of time sensitive i think nowadays in the cryptocurrency space news can be you know talked about a few days later and share my opinions on that um but yeah what are you guys thoughts on this what are you guys thoughts on this i know that we're all you know different backgrounds we have different um amounts we we're all we all have one common goal which is to see success here for xrp in the in the near and

Mid and long term future um but you know i appreciate all you guys thank you so much for support i'm sorry i haven't uploaded recently i will i will i promise change that um especially with the bullish price action here for um bitcoin i'm you know motivated um to wow even ethereum's moving and link wow so xrp is truly the stagnant one it's not surprising it's not surprising i'm excited guys i hope you guys are too i'll see you guys thank you guys so much for watching if

You guys know the video please make sure to smash the like button as i said before 1 000 likes if you guys are still watching right now 16 minutes in make sure to comment down below still watching so i can thank you personally it means the world to me those who listen to my whole full opinion and don't just base it off of you know the first two minutes i'm thinking of social support so you guys make this video until then as usual peace

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