Expert Shares Two Simple Strategies to Become an XRP Millionaire

Austin Hilton, a crypto YouTuber and investor, recently shared insights on becoming an XRP millionaire with his audience.

Hilton outlined two straightforward yet powerful strategies for building wealth with XRP. According to Hilton, understanding your investment cost basis is the first step toward becoming an XRP millionaire.

Focus on Investment Cost Basis and Buy More XRP Over Time

“How much XRP do you own? What did you pay for it?” Hilton advises his viewers to know these numbers inside and out.

Knowing how much you’ve invested and at what price is crucial when determining how much potential profit you could make once the price of XRP rises significantly. He emphasized that the key to success lies in consistency.

“I’ve bought my core position in XRP, but I continue to buy more,” Hilton shared.

By adding to your position over time, you can take advantage of dollar-cost averaging (DCA). This strategy allows you to invest in XRP at different price points, mitigating the risk of market volatility. It lowers your overall cost per token and positions you to benefit from long-term price appreciation.

The Power of Time

While investing is vital, Hilton stresses that patience is just as important. “There is no secret sauce to getting rich with crypto,” he said. He emphasized that the real trick to becoming an XRP millionaire is time.

Whether the price of XRP goes up 50x or 100x in the next few years, Hilton believes that the power of compounding growth and long-term holding cannot be overlooked.

He pointed to previous instances of massive growth in XRP. For instance, in the last quarter of 2024, XRP experienced an over 500% increase, and Hilton suggested that similar gains could occur again.

Meanwhile, he noted that for those in it for the long haul, waiting for XRP to reach higher price levels, such as $100 or $200, could ultimately make them a millionaire. However, this relies heavily on investors holding enough tokens in their portfolios.

For context, if XRP reaches $100, those holding 10,000 XRP tokens would see their portfolio rise to $1 million. As of today, this portfolio costs $20,500. Meanwhile, to realize $1 million from XRP at $200, one must hold 5,000 tokens, which costs $10,250 today.

Bonus Tip: Swing Trading for Extra Profits

Hilton also highlighted swing trading as another strategy for boosting XRP profits in the short term. He noted that swing trading is an effective way to profit from market fluctuations. 

Using appropriate software, investors can receive alerts on when to buy and sell XRP. This includes software that allows users to capitalize on shorter-term price movements by purchasing XRP when prices are low and selling when they rise.

Ultimately, Austin Hilton’s message is that to become an XRP millionaire, one must focus on building a solid investment and be patient. There’s no secret formula in crypto. Success comes from having a strategy, staying consistent, and trusting the process. He concludes by saying:

“How much do you own, and how long do you hold it for? That’s what determines if you can become a crypto millionaire.”